Sale to Cerner Corporation
Baird served as the exclusive financial advisor to Clairvia, Inc.
AboutClairvia, Inc. (“Clairvia” or the “Company”) has been acquired by Cerner Corporation (“Cerner”) (NASDAQ-GS: CERN). Terms of the transaction were not disclosed.
Clairvia serves more than 400 healthcare organizations, medical facilities, nursing departments, and group practices with advanced software solutions for patient and staff management. Clairvia® Care Value Management (CVM) is a comprehensive software suite that empowers healthcare providers to deliver the right caregivers to each patient—at the right time—to achieve the next desired level of wellness. In more than 200 successful implementations, Clairvia CVM has driven measurable improvements in quality of care, patient safety, patient throughput and financial performance, as well as patient, staff, and physician satisfaction.
Cerner is transforming healthcare by eliminating error, variance and waste for healthcare providers and consumers around the world. Cerner® solutions optimize processes for healthcare organizations ranging in size from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, employer health and wellness services industry and for the healthcare commerce system. These solutions are licensed by approximately 9,000 facilities around the world, including more than 2,600 hospitals; 3,500 physician practices covering more than 30,000 physicians; 500 ambulatory facilities, such as laboratories, ambulatory centers, cardiac facilities, radiology clinics and surgery centers; 800 home health facilities; and 1,600 retail pharmacies.
For additional information about this transaction, please contact:
- October 2011
- Clairvia, Inc.
- Target Location
- North America
- Acquiror Location
- North America