DAS Health Files IPO Prospectus After Completing Nine Acquisitions in Two Years

On July 31, 2019, VCBeat (WeChat ID: vcbeat) learned from foreign media reports that DAS Health, a leader in the medical technology industry, announced the acquisition of three healthcare solutions companies based in Milwaukee, Wisconsin, USA, including WRT Specialties, Easy PC Solutions, and EasyMed Billing. Meanwhile, the company also acquired Systech Solutions, headquartered in Houston, USA. DAS Health had previously acquired three digital health companies headquartered in Chicago, USA, at the end of 2018, and earlier this year acquired Altex Business Solutions, also headquartered in Houston, USA.

Since its establishment in 2003, DAS Health has been a leading provider of health IT and management solutions, dedicated to delivering reliable consulting services to independent physician groups, hospitals, and healthcare systems.

Headquartered in Tampa, Florida, DAS Health maintains offices in Florida, Las Vegas (Nevada), and Aurora (Illinois), with significant operations in Texas and North Carolina. As the largest eMDs (integrated billing training) distributor in the United States, DAS Health delivers medical services to nearly 1,500 clients, 3,000 clinicians, and 15,000 healthcare professionals across all 50 states.

DAS Health’s recent acquisitions have expanded its footprint in the U.S. Midwest and Texas. As of 2018, DAS Health had been ranked among the top healthcare companies on the Fortune 500 list for seven consecutive years.

WRT Specialties, established in 2000 and headquartered in Milwaukee, Wisconsin, USA, is a healthcare solutions group.

Easy PC Solutions, established in 1997 and headquartered in Milwaukee, Wisconsin, USA, is a computer software company. The company is dedicated to providing small businesses with services including search engine optimization, change management, information technology training, computer repair, and web design. Its clientele includes startups, established mid-sized enterprises, investment banks, global pharmaceutical companies, real estate agencies, universities, and more.

EasyMed Billing, headquartered in Milwaukee, Wisconsin, USA, is a well-established and growing healthcare services company with over 50 years of industry experience, dedicated to providing medical billing and coding solutions for physicians and physician teams.

Systech Solutions, founded in 1993 and headquartered in Houston, USA, is a leading technology data and analytics consulting firm. Leveraging deep technical expertise and over two decades of industry experience, Systech helps clients harness innovative data to craft solutions that reimagine their operations as modern digital enterprises. The company maintains a branch in India and multiple service locations worldwide. Systech Solutions has completed more than 1,000 projects and established partnerships with leading technology providers in the industry.

“The successful implementation of our growth strategy has made it easier than ever for us to complete acquisitions,” said David Schlaifer, President and CEO of DAS Health. “We have completed a total of 13 acquisitions, nine of which occurred in the past two years. Through these successive transactions, we have been able to continuously refine our acquisition integration processes, diversify our product portfolio, expand our business into new regions, and add talented new members to our team. This enables us to better serve our customers.”

“In today’s increasingly complex health IT market, DAS Health enables our many physician clients to deliver optimal care,” explained Daryl Wessel, CEO of WRT Specialties. “They will perform even better in the future.”

(Compiled by Cheng Tao)