A Canadian telehealth company recently acquired a majority interest in a Lynchburg-based health care technology company.
Firm acquires majority of Lynchburg-based health care tech company
cc acquired 87.5% of Benchmark Systems, headquartered on Church Street in Lynchburg, from Benchmark’s parent company, AntWorks Inc. and will pay shareholders $4.375 million. Benchmark is “a leading cloud-based provider of fully integrated solutions that automate healthcare workflow processes,” according to a news release.
In the fiscal year ending March 31, Benchmark earned $4.9 million in revenue, and it has a national U.S. network of 200 clients and 800 physicians, with 5.5 million patient charts across 35 states, the news release said.
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