Florence Acquires Zipnosis To Solve Clinical Capacity Constraints And Create Omnichannel Transformation Across Telehealth And Hybrid Care

May 24, 2023•over 2 years ago

Acquiring Company

Florence (Florence Labs Inc.)

Acquired Company

Zipnosis

MedicalHealth CareInformation TechnologyMedicalHealth Care

Description

Florence, an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients.

Company Information

Company

Florence (Florence Labs Inc.)

About

Florence is a health tech company that creates solutions to healthcare's biggest constraint: clinical capacity. Florence's technology enables healthcare providers to deliver faster, higher quality and more accessible care while reducing costs via consumer-grade patient experiences that automate workflows for staff. To learn more, visit www.florenceos.com.

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

Florence Acquires Zipnosis To Solve Clinical Capacity Constraints And Create Omnichannel Transformation Across Telehealth And Hybrid Care

Description

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M&A Insights

Company Information