EverCommerce Acquires Medical Design Technologies For Undisclosed Sum

EverCommerce Acquires Medical Design Technologies For Undisclosed Sum
  • Service commerce platform EverCommerce Inc EVCM acquired Medical Design Technologies (MDTech) for undisclosed financial terms.
  • Houston, Texas-based MDTech offers accurate, efficient, and simple charge capture and analytics solutions to small- and medium-sized practices across 20 different specialties and 29 states.
  • MDTech joins EverCommerce's EverHealth suite. EverHealth serves more than 72,000 customers with solutions for practice management, electronic medical records, patient engagement, and digital marketing.
  • "Solutions like MDTech, with charge capture and business intelligence analytics, allow practices to streamline their back-office operations so they can focus more time on direct patient care," said Matt Feierstein, President of EverCommerce.
  • It recently acquired Timely, an appointment booking and business management software company used by spas and salons across the U.K., Australia, and New Zealand.
  • EverCommerce just raised $325 million from its initial public offering.
  • Price action: EVCM shares closed lower by 1.45% at $16.99 on Thursday.

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