Oaklyn Consulting is pleased to announce that Chicago-based virtual patient engagement technology company TapCloud has been acquired by Overland Park, Kansas-based global health and community care technology company WellSky. Oaklyn represented TapCloud in the transaction.
TapCloud helps patients, caregivers and clinicians communicate crucial information in real time to provide quality care and achieve better health outcomes. TapCloud’s interoperable, AI-driven platform provides real-time, patient-generated insights, enabling providers to deploy care interventions aimed at reducing preventable hospital readmissions and emergency care.
WellSky’s next-level software, analytics and services power better outcomes and lower costs for stakeholders across the health and community care continuum. WellSky will integrate TapCloud’s platform into its healthcare technology solutions, which are used by more than 5 million caregivers each day.
Oaklyn Consulting is a different kind of investment banking firm for privately owned companies. The firm helps clients complete mergers, acquisitions, joint ventures and other strategic transactions; arrange financing; and manage investor relationships. By working as consultants, not brokers, Oaklyn Consulting helps in situations where traditional investment bankers typically cannot.