IKS Health Purchases AQuity for $200 Million

Mumbai-based healthcare technology provider IKS Health announced on Tuesday that it has acquired AQuity Solutions, a leading provider of clinical documentation, medical coding and revenue integrity solutions, in a $200 million deal. IKS Health is the leader in the ambulatory (ambulatory) market in the United States, providing administrative, clinical and financial support services to doctors and clinics, allowing them to focus on the core purpose of clinical care. The acquisition of AQuity will help IKS expand in the acute care market, enabling it to offer services across the continuum of care.

The blended company, if you want to function as IKS Health, may have annual sales of over $330 million in addition to a worldwide team of workers of over 14,000 personnel serving over 150,000 medical doctors in a lot of the most important hospitals , fitness systems, and uniqueness companies within side the US. “Financial instability, large-scale staffing challenges, and the precarious fitness popularity of such a lot of Americans all name for deeper, greater complete answers that deal with those root issues,” stated Sachin K. Gupta, Founder and CEO of IKS Health. “The coming collectively of IKS and AQuity lets in us to allow Clinicians with their chores throughout the continuum of care,” Gupta added. This acquisition advances IKS Health’s Care Enablement Platform, inclusive of era and carrier services that span sales optimization, medical support, value-primarily based totally care, and virtual fitness answers.