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DrFirst completes acquisition of Myndshft Technologies, Inc. to revolutionize medication management

Apr 18, 2024over 1 year ago

Acquiring Company

DrFirst

Acquired Company

Myndshft Technologies

Machine LearningSaasArtificial IntelligenceHealth CareSoftware

Description

DrFirst, a pioneer in healthcare technology, has acquired substantially all assets of Myndshft Technologies, Inc. to enhance access, affordability, and adherence for specialty medications and procedures. This strategic move unites medical and pharmacy benefits, addressing the complexities in medication management with a focus on improving patient experiences, reducing healthcare costs, and providing innovative solutions to expedite access to crucial treatments.

Company Information

Company

DrFirst

About

The IN Group is a globally recognised recruitment firm dedicated to connecting top-tier talent with premier companies. The company is committed to shaping a uniform culture across all its brands and ensuring alignment amongst teams to better serve their unique audiences.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed