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Bluesight acquires Sectyr to expand 340B audit and compliance tools for health systems

PRIVATEOct 17, 2024

Acquiring Company

Bluesight

Acquired Company

Sectyr

AlexandriaScottsdaleHealth CareArtificial IntelligenceAnalyticsMachine LearningHealth Care

Description

Bluesight, the leading provider of Medication Intelligence™ solutions, has acquired Sectyr, a top-tier compliance and audit management platform. This acquisition expands Bluesight's portfolio to include robust 340B audit and compliance tools, reinforcing its mission of empowering healthcare organizations to ensure medication safety, compliance, and operational efficiency.

Quick answer

Bluesight is acquiring Sectyr, announced October 17, 2024. Bluesight is based in Alexandria, Virginia, United States.

How much did Bluesight pay for Sectyr?
The deal value was not disclosed.
What does Bluesight do?
Bluesight solves supply chain inefficiencies and reduces risk by using AI and machine learning to surface actionable analytics for every step of the medication lifecycle.
Where are Bluesight and Sectyr based?
Bluesight is based in Alexandria, Virginia, United States. Sectyr is based in Scottsdale, Arizona, United States.
Who are the decision-makers at Bluesight?
Fundz holds 3 contacts at Bluesight. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Bluesight

Location

Alexandria, Virginia, United States

About

Bluesight solves supply chain inefficiencies and reduces risk by using AI and machine learning to surface actionable analytics for every step of the medication lifecycle. Through our suite of Medication IntelligenceTM solutions, Bluesight brings simplicity, visibility, and predictability to the complex world of medication management. More than 1,600 U.S. and Canadian hospitals utilize Bluesight solutions to optimize their hospital pharmacy practices by improving efficiency, reducing medication costs, and increasing compliance and safety.

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Frequently asked

Who acquired Sectyr?

Sectyr was acquired by Bluesight, based in Alexandria. The deal was reported on October 17, 2024. Bluesight solves supply chain inefficiencies and reduces risk by using AI and machine learning to surface actionable analytics for every step of the medication lifecycle. Bluesight is privately held and operates in Health Care.

When did Bluesight acquire Sectyr?

Bluesight's acquisition of Sectyr was reported on October 17, 2024. Bluesight, the leading provider of Medication Intelligence™ solutions, has acquired Sectyr, a top-tier compliance and audit management platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sectyr do?

Sectyr® provides software solutions that help healthcare and other regulated businesses achieve and maintain Continuous Program Compliance® with ever-changing regulatory requirements. It is privately held, operating in Health Care, and is based in Scottsdale.

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