Phreesia to Acquire AccessOne, Expanding Its Suite of Payment Solutions
1. Phreesia is acquiring AccessOne for $160 million in cash. 2. The deal is expected to close by Q3 or early Q4.
1. Phreesia is acquiring AccessOne for $160 million in cash. 2. The deal is expected to close by Q3 or early Q4.
Acquisitions often lead to expanded growth opportunities. Historical data shows positive stock reactions following similar announcements in the healthcare tech sector.
M&A activities in healthcare tech generally signify growth potential, influencing investor confidence in PHR substantially.
The immediate market perception will react positively to the acquisition news. If AccessOne’s assets enhance earnings, we could see a sustained uptick.