Developer of a cloud-based audiology practice management software. The company's cloud-based audiology practice management software integrates many services including patient clinical data, financing, reimbursement and marketing campaigns, enabling hearing professionals to spend more time with their patients and less time on administrative overhead.
Generating Revenue
Acquired/Merged (Operating Subsidiary)
Corporate Backed or Acquired
The company was acquired by Cochlear (ASX: COH) for $78 million on May 10, 2017. Cochlear will pay $56 million in cash upfront and then settle the balance $22 million over the next three years based on business performance. This acquisition will enable Cochlear to enhance their clinic efficiency, freeing up more time to deliver patient care.
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