– Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition
DAS Health Ventures, Inc., a provider of health IT and management, announced today it completed the acquisition of Technology Seed, LLC, a managed IT and cybersecurity services company based in Salem, NH. This acquisition strengthens DAS’ position in the MSP sector and significantly advances its growth strategy to build the leading managed IT and services provider to physician groups, hospitals, and healthcare systems throughout the country.
Impact of Acquisition
DAS Health actively serves more than 1,500 clients, 3,000 clinicians, and 15,000 total users nationwide. With its headquarters in Tampa, Florida, a regional office in Las Vegas, Nevada, and a significant presence in Georgia, Illinois, New Jersey, North and South Carolina, Texas, and Wisconsin, DAS Health serves clients throughout nearly all 50 states. The recent acquisition significantly enhances their presence in New England, and as a result, DAS Health has now added a regional office in New Hampshire that will create opportunities for greater regional support of its entire solutions portfolio.
This is the largest of over a dozen acquisitions in the past several years made by DAS, which has become known for its ability to identify quality companies that are a strategic fit and rapidly integrate them in order to continually enhance the customer experience for clients of both companies. Cogent Growth Partners assisted DAS in the acquisition.
Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition, as DAS Health’s offerings are robust, including practice management and EHR software sales, support and hosting, revenue cycle management (RCM), managed IT services, security risk assessments (SRA), MIPS/MACRA reporting & consulting, mental & behavioral health screenings, chronic care management, telemedicine, and other value-based and patient engagement solutions.
“Technology Seed offers an exciting opportunity for DAS to strengthen and expand our managed IT services throughout the country, and specifically in New England” stated David Schlaifer, DAS Health President and CEO. “I am pleased to welcome Kurt Simione and his team to the DAS family. With this strong addition to our portfolio, we look forward to unlocking additional value for our clients.”