SimplePractice Announces Strategic Purchase of Assets of Luminello
Portfolio Pulse from Benzinga Newsdesk
SimplePractice, a solution of EngageSmart (ESMT), has announced a strategic agreement to acquire assets of Luminello, an electronic medical record and practice management platform. This acquisition will expand SimplePractice's reach to thousands of solo and small group psychiatrists, psychiatric nurse practitioners, psychologists, and other prescribing medical professionals.
August 04, 2023 | 12:56 pm
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EngageSmart's solution, SimplePractice, is acquiring assets of Luminello. This acquisition could potentially expand the company's customer base and strengthen its position in the health and wellness industry.
The acquisition of Luminello's assets by SimplePractice, a solution of EngageSmart, could potentially expand the company's customer base by reaching out to more medical professionals. This could strengthen EngageSmart's position in the health and wellness industry, which may positively impact its stock price in the short term.
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