The Jordan Company (TJC), a New York, NY-based venture capital and private equity firm, as per recent reports, has acquired Vyne, a Dunwoody, Georgia-based leader in secure health information exchange. Financial terms of the transaction were not disclosed. With TJC’s backing, Vyne, working towards its commitment, will now be able to provide market-leading healthcare technology and support to thousands of dental practices, hospitals, and major health systems across the US.
Vyne’s acquisition from Accel-KKR, a Menlo Park, California-based technology-focused investment firm, follows its steady and consistent streak of top- and bottom-line growth for five long years, as well as a strategic acquisition to expand its product offerings. With TJC to back it, Vyne plans to further expand upon its already robust technology platforms that facilitate the electronic capture, storage, and submission of healthcare data in any format – voice, textual, image, fax or electronic interface — providing business intelligence throughout any care organization. Vyne, with its proven technology solutions, establishes the connection link to bridge disconnected data, closing the documentation gaps to help deliver improved financial strength, operational performance, and patient experience for medical and dental providers, partners, and payers.
“This acquisition provides Vyne with an amazing opportunity to serve more healthcare organizations and we’re looking forward to working with The Jordan Company to continue expanding our capabilities for serving the medical and dental markets,” states Lindy Benton, President & CEO, Vyne. “Vyne clients and partners will benefit from this strategic move as we grow our portfolio of solutions that help position their healthcare organizations for the future.”