What You Should Know:
– Provation, a SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of iProcedures, LLC, a top-rated provider of cloud-based anesthesia documentation and perioperative data management software solutions. Financial terms of the transaction were not disclosed.
– The acquisition further expands Provation’s industry-leading anesthesia expertise and its portfolio of end-to-end clinical productivity and documentation software and SaaS solutions.
– Together, iProcedures and Provation become an industry leader in both GI and anesthesia with end-to-end clinical productivity solutions that span the entire perioperative continuum and improve clinical documentation, efficiency in OR, PACU, and PAT processes, quality reporting, reimbursement, patient safety, medication management, and more!
– By acquiring iProcedures, Provation is doubling down on its commitment to becoming the premier vendor for anesthesia providers, following its 2020 procurement of ePreop, a leading provider of anesthesia quality reporting and surgical care coordination solutions.