Canaccord Genuity serves as financial advisor to Informatics Corporation of America on its sale to a Strategic Buyer.

Canaccord Genuity is pleased to announce that on May 25, 2017, Informatics Corporation of America (ICA), a leading provider of SaaS-based interoperability and population health management tools that leverage unique data capabilities to connect care teams, facilitate care coordination and enable real-time patient care interventions, completed its sale to an undisclosed strategic buyer, a developer and provider of revenue cycle management and system integration solutions for healthcare facilities.

Canaccord Genuity served as financial advisor to Informatics Corporation of America and its Board of Directors in connection with the transaction.

ICA’s CareAlign platform equips healthcare organizations, including health systems, IDNs, ACOs, HIEs, and payers, with proven technology to securely share clinical information and make intelligent care decisions across the continuum of care. ICA also delivers strategic intelligence solutions through clinical analytics that produce and deliver real-time, smart clinical alerts that integrate directly into the workflow process. ICA's platform serves an estimated 16 million patients and nearly 1,000 national organizations with approximately 15,000 users across the continuum of care.