Nightingale in discussions to sell the company
June 22, 2016
MARKHAM, Ont. – The Board of Directors at Nightingale Informatix Corp has concluded that shareholder value would best be enhanced by concluding a sale of assets comprising substantially all of the Canadian business. As a result of this process, the company has been in discussions with potential acquirers with the intention of concluding a definitive agreement as soon as possible.
The company said there is no assurance that such agreement will be concluded or that the proposed transaction will proceed as currently contemplated or at all.
The company will provide further updates to shareholders as to the status of its strategic review process and the proposed transaction when available.
For more than a decade, Nightingale (TSX-V: NGH) has been delivering cloud-based Electronic Health Record (EHR), Practice Management and Claims Clearing House solutions to healthcare organizations across Canada. Our goal is to uncomplicate the day-to-day challenges of healthcare providers. We achieve this by creating software that is truly intuitive – minimizing training and maximizing adoption. We believe so strongly in building easy-to-use software that we structured our entire product team around user-centric design. Our clients are benefiting from this focus through a well-supported and robust solution that presents a holistic view of a person’s well-being in a simple, clean interface, so that the best health decisions can be made. Nightingale – One Patient. One Record. For more information visit www.nightingalemd.com.