NASHVILLE, Tenn. (Oct. 16, 2024) – Bailey & Company is pleased to announce its role as the exclusive financial advisor to healthcare marketing solutions company, SocialClimb, in its sale to RLDatix. This transaction expands RLDatix’s suite of connected healthcare operations solutions, enabling healthcare organizations to gain a 360-degree view of providers, patient safety, and care quality with SocialClimb’s portfolio of solutions.
“We are proud to have advised SocialClimb in this pivotal transaction,” said Steven Harris, Managing Director at Bailey & Company. “Our extensive experience in healthcare technology and patient engagement solutions allowed us to support SocialClimb in achieving a successful outcome with RLDatix. We are excited to see the growth and innovation this partnership will foster within both organizations, further enhancing their ability to transform the healthcare landscape.”
By integrating insights from RLDatix and SocialClimb, healthcare organizations will be empowered to boost patient retention and drive revenue growth through a dynamic approach, leveraging advanced artificial intelligence-driven predictive algorithms to effectively meet evolving patient demands.
“Working with Bailey & Company was an exceptional experience. Their deep industry knowledge and unwavering support positioned us for success at every stage of the transaction,” said Ty Allen, CEO of SocialClimb. “The Bailey team’s strategic insights and dedication to fully understanding our business objectives were instrumental in guiding the process smoothly, allowing us to showcase our company in the best possible light. I would highly recommend Bailey & Company to any healthcare technology company considering a transaction.”
Headquartered in Lehi, Utah, SocialClimb’s leading marketing platform focuses on patient satisfaction, reputation management and revenue growth solutions for provider groups, hospitals and health systems. Their comprehensive patient satisfaction data includes Patient-Reported Outcomes (PROs), Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) scores, Net Promoter Scores (NPS) and patient demographic information. This enables healthcare organizations to address patient needs, alleviate workforce shortages and enhance clinician support.