Acquisition News Summary :
ALPHAEON® Corporation, a leader in lifestyle healthcare and subsidiary of Strathspey Crown Holdings LLC, announced today that it has acquired TouchMD™ for $22 million. TouchMD is an interactive software platform that helps specialty physicians educate patients before, during and after practice consultation, which enhances the patient experience and increases conversion rates.
“TouchMD is a best-in-class practice consultation platform that has been shown to increase practice revenue by up to 33%,” said ALPHAEON Chief Executive Officer Robert E. Grant. “TouchMD’s patient engagement technology is a critical element of the ALPHAEONMD™ portfolio, a first of its kind integrated technology suite designed to increase the physician practice’s efficiency, profitability and growth.”