Outcomes Health Information Solutions, LLC: Company Sale Done Quickly, Avoiding Disruption

Challenge

The owners of Outcomes Health Information Solutions, LLC, a leader in providing healthcare data management solutions to large healthcare systems and payers by offering data analytics and delivering healthcare data management solutions that improve financial and clinical quality outcomes, decided to take advantage of favorable market conditions by conducting a sales process for the company. In order to minimize disruption to Outcomes’ business and to reduce employee turnover, the deal needed to be completed on an extremely accelerated and aggressive schedule.

Approach

AGG’s corporate deal team and subject matter specialists worked closely with Outcomes’ investment banker, chief financial officer and internal legal counsel to negotiate the purchase agreement, address the buyer’s due diligence concerns, obtain all required third party consents and close the transaction within the desired time frame.

Result

Outcomes was successfully sold to Altegra Health, Inc., a private equity-backed healthcare information technology company, within 60 days after the letter of intent for the transaction was signed. AGG’s deal term worked throughout the holidays and year end to keep the deal on track for a successful exit that resulted in a cash payment to Outcomes’ principals at the high end of the range projected for the sale by the company’s financial team.