Case Study: RES-Q Healthcare Systems
RES-Q Healthcare Systems is a proven provider of resource management software for hospitals. The RES-Q software includes applications for personnel management, enterprise-wide employee scheduling and staffing, open shift, surgery department management and case scheduling, patient acuity classification, and productivity management and reporting.
Identify and execute a successful exit and transition strategy for RES-Q
RES-Q had been operating as a successful small company in its sector for 25 years. KBT was hired to evaluate strategic alternatives and help execute on the resulting strategy.
KBT analyzed the market and helped the owner in deciding to sell the company. During this process, KBT:
- provided advice and guidance on positioning the company for sale
- identified suitable acquirers
- negotiated the sale of the company by driving the legal and closing process
During the time that KBT was engaged, RES-Q was identified as the number one vendor in its category in KLAS. The company was sold to Concerro. A significant part of the purchase agreement assures that the former owner of RES-Q retains a significant ongoing role within Concerro.