Lumere, a Chicago-based health care analytics company formerly known as Procured Health, has been scooped up by a Colorado healthtech company.
Global Healthcare Exchange announced Monday that it acquired Lumere for an undisclosed amount. Founded in 2012, Lumere provides data and analytics to help health care organizations build supply chains that optimize the formulation of medications.
Lumere’s clients include Yale New Haven Health and Stanford Health Care. To date, Lumere has raised more than $20 million from investors like Jump Capital and FCA Venture Partners, according to Crunchbase. In 2016, the company raised a $10 million round led by the Heritage Group.
Global Healthcare Exchange, based in Louisville, Colo., says the acquisition of Lumere allows it to expand its portfolio of offerings and gives it a larger footprint in the pharmaceutical market.
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