logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Openloop Acquires Imaging Panda, Expanding Access To Real-Time, Seamless Image Ordering And Results

Apr 04, 2023•over 2 years ago

Acquiring Company

OpenLoop

Acquired Company

Imaging Panda

Des MoinesMobile

Description

OpenLoop Health, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced its acquisition of Imaging Panda and the addition of a new diagnostic imaging support service.

Company Information

Company

OpenLoop

Location

Des Moines, Iowa, United States

About

OpenLoop was co-founded by CEO, Dr. Jon Lensing, and COO, Christian Williams, with the vision to bring healing anywhere. Their solutions are thoughtfully designed to streamline and simplify go-to-market care delivery for companies offering virtual support to patients across an expansive array of specialties, in all 50 states. OpenLoop's deep investment in compliant, easy-to-use telehealth technology and top-tier providers is what sets them apart in the industry. For more information on OpenLoop, visit OpenLoopHealth.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