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Upfront Acquires Patientbond; Expands Capabilities For Market-Leading Personalized Patient Access And Engagement Platform

PRIVATEAug 18, 2022•almost 4 years ago

Acquiring Company

Upfront Healthcare Services

Acquired Company

PatientBond, LLC

Chicago

ElmhurstInformation TechnologyHealth CareMedicalMhealthSoftware DevelopmentInformation Technology

Description

Patient engagement and access platform Upfront announced today the acquisition of PatientBond, the leader in consumer science for healthcare, creating a single enterprise technology solution to drive patient acquisition and loyalty.

Company Information

Company

Upfront Healthcare Services

Location

500 W. Madison St.

Chicago, Illinois, United States

About

Upfront is a mission-driven healthcare company, delivering tangible outcomes to leading healthcare enterprises. Our patient engagement platform makes each patient feel seen, guiding their care experience through hyper personalized digital experiences. The backbone of the Upfront experience is our data engine, which analyzes clinical, sociodemographic, and patient-reported data. These insights, along with advanced psychographic segmentation, allow us to individually activate patients to complete necessary care, show up for visits, and close any gaps in care. We are rooted in partnership, leveraging best-in-class healthcare expertise to maximize the impact of our technology and deliver a next-generation patient experience.

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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