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Company profile: CareEvolve

1.1 - Company Overview

CareEvolve Logo

CareEvolve

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of internet-based order entry and results reporting solutions for laboratory, pathology, and radiology outreach businesses. Offers a portal enabling electronic clinical workflows between providers and labs, secure order/result transfer, flexible results delivery (HL7, PDF, DICOM), population health reporting, and eligibility verification to improve outcomes and collections.

Products and services

  • Electronic Ordering and Resulting Solution: Real-time system that streamlines lab operations by letting providers enter orders quickly, manage patient data, and receive immediate results, supporting laboratory, pathology, and radiology outreach businesses
  • CareEvolve Portal: Internet-based platform enabling fast order entry and secure transfer of laboratory, pathology, and radiology orders/results, facilitating electronic clinical workflows between healthcare providers and outreach laboratories
  • Flexible Results Delivery: HL7/DICOM-enabled service providing immediate or scheduled delivery of results in HL7, PDF, and DICOM formats for laboratory, pathology, and radiology reporting

Key contacts

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Financial details

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1.2 - Competitors and similar companies to CareEvolve

MedWorxs Logo

MedWorxs

HQ: United States Website
  • Description: Provider of inpatient and ambulatory healthcare software, including Stat! electronic medical management for hospitals, Evolution EHR for ambulatory practices with integrated practice management, revenue cycle management billing services (data entry and follow-up on charges), practice management software integrated with EHR, and hospital financial software for billing and revenue management.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full MedWorxs company profile →
PolicyStat Logo

PolicyStat

HQ: United States Website
  • Description: Provider of industry-leading web-based policy management software for hospitals, labs, outpatient clinics, and integrated health networks, helping increase productivity, enhance quality of care, and ensure compliance, with features including robust searching, automatic approval routing, email notifications, and editing/collaboration.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full PolicyStat company profile →
Caption Health Logo

Caption Health

HQ: United States Website
  • Description: Provider of AI-powered ultrasound guidance and interpretation solutions, including Caption Care for cardiac ultrasound enabling a broader range of care professionals to perform echocardiograms, real-time AI guidance to acquire diagnostic-quality images, and AI interpretation that assesses image quality and calculates ejection fraction.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Caption Health company profile →
Atrys Health Logo

Atrys Health

HQ: Spain Website
  • Description: Provider of specialized diagnostic services and advanced medical treatments, integrating precision pathology and molecular anatomy, online diagnostic imaging, and radiation oncology. Offers telemedicine, diagnostic imaging, genetic diagnosis, oncology, telecardiology, and teleoncology for remote consultations, monitoring, and precision cancer care. Offices in Barcelona, Granada, and Madrid.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Atrys Health company profile →
SnapWorx Logo

SnapWorx

HQ: United States Website
  • Description: Provider of patient contact management and workflow optimization software and services for the CPAP resupply market, including solutions to manage resupply orders, documentation, and billing; automate eligibility, ordering, and insurance verification; scale HME operations with real-time monitoring; deliver live patient outreach; automate order processing; and provide analytics dashboards with industry benchmarks.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full SnapWorx company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for CareEvolve

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to CareEvolve

2.2 - Growth funds investing in similar companies to CareEvolve

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4 - Top valuation comps for CareEvolve

4.2 - Public trading comparable groups for CareEvolve

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4.3 - M&A Transactions similar to CareEvolve

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About CareEvolve

What does CareEvolve do?

CareEvolve is a provider of internet-based order entry and results reporting solutions for laboratory, pathology, and radiology outreach businesses. Offers a portal enabling electronic clinical workflows between providers and labs, secure order/result transfer, flexible results delivery (HL7, PDF, DICOM), population health reporting, and eligibility verification to improve outcomes and collections.

Who are CareEvolve's competitors?

CareEvolve's competitors and similar companies include MedWorxs, PolicyStat, Caption Health, Atrys Health, and SnapWorx.

Where is CareEvolve headquartered?

CareEvolve is headquartered in United States.

How many employees does CareEvolve have?

CareEvolve has 1,000 employees 🔒.

When was CareEvolve founded?

CareEvolve was founded in 2010 🔒.

What sector and industry vertical is CareEvolve in?

CareEvolve is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for CareEvolve

Who are the top strategic acquirers in CareEvolve's sector and industry

Top strategic M&A buyers and acquirers in CareEvolve's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for CareEvolve?

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Financial Investors investing in CareEvolve's sector and industry vertical

Which are the top PE firms investing in CareEvolve's sector and industry vertical?

Top PE firms investing in CareEvolve's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in CareEvolve's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in CareEvolve's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in CareEvolve's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to CareEvolve include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in CareEvolve's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for CareEvolve?

The key public trading comparables and valuation benchmarks for CareEvolve include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for CareEvolve for public valuation benchmarks?

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What are recent M&A transactions in CareEvolve's sector and industry vertical?

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What are recent capital raises and funding rounds in CareEvolve's' sector and industry vertical?

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