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Nomi Health Acquires Everyone Health, Sano Surgery

Jul 13, 2022•over 3 years ago

Acquiring Company

Nomi Health

Acquired Company

Everyone Health

OremMobileHealth Care

Description

As Americans continue to pay more for needed medical treatments and with care costs outpacing the rate of inflation, Nomi Health — the direct healthcare company making it easier than ever to access the highest quality affordable care across the U.S.— today announced two acquisitions to bolster its support of buyers of care and their communities of patients. Nomi Health acquired sister companies Everyone Health and Sano Surgery, both dedicated to affordable and accessible medical treatment, in a $26.5 million purchase.

Company Information

Company

Nomi Health

Location

Orem, Utah, United States

About

Nomi Health is a direct healthcare company successfully re-wiring how healthcare is delivered and paid for in America, to the benefit of patients, providers and the buyers of healthcare in both the public and private sectors. Based in Orem, Utah, we’re a team of over 2,000 nationwide, each actively working to lower care costs, widen care access and improve the experience for all. The company’s Nomi Care platform -- featuring local clinical and operations field teams, a sustainable supply chain, and seven networked laboratories - have served over eight million Americans with everyday healthcare services, including powering up to five percent of the nation’s COVID-19 testing volumes. Nomi Connect is a business operating system and payment platform enabling organizations to purchase healthcare directly and providers to be paid in real time. Nomi Health’s cross-functional leadership team hails from America’s most established clinical, healthcare, technology and finance organizations. Visit us @NomiHealth and www.nomihealth.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