Founded in 2007, Blue Bridge’s initial products were geared toward the streamlining of health insurance payments, which became the basis for modern electronic processing of insurance claims and settlements between the insurer, contracting authority and health insurance policy owner (SmartInsurance).
Blue Bridge continued to develop and deliver user-friendly and easily customizable software to facilitate patient care resulting in a full-blown medical practice management system for healthcare providers (SmartMedical). Most recently, Blue Bridge released a consumer patient portal, allowing patients to book in-person and online appointments with telemedicine functionality (piersta.lv).
Blue Bridge will continue to invest in its products, and with Everfield’s support, seek out additional complementary acquisitions. Through the acquisition by Everfield, Blue Bridge clients can expect to see an accelerated pace of innovation and a continued spirit of cooperation to provide enduring solutions that increase patient satisfaction and reduce costs.
“We are delighted to have the Blue Bridge team join Everfield,” claims Henning Schreiber, Head of Acquisitions at Everfield. “Blue Bridge offers a unique set of products and skills that set them apart within the healthcare and health insurance verticals, and we are excited for the future growth of the business.”
Andrejs Strods, Blue Bridge’s Co-Founder and CEO states: “Everfield is an exciting possibility for the team at Blue Bridge Technologies." Strods continues: "For us Everfield is a strong fit, as their dedication to long-term innovation and quality syncs with the journey we’ve been on for the last 15 years. We are really excited about our future together.”
“Being part of Everfield is the start of a long-term journey with numerous opportunities for our clients and our team. We can leverage Everfield’s expertise, capabilities, and investments to benefit our customers and employees."
“Blue Bridge has established itself as a leading software developer in Latvian medical industry and now time is ripe to expand their service offering. I am thankful to Andrejs Strods and Leonīds Paturskis/the company management team for their grit through these years.” said Martins Jaunarajs, Partner at BaltCap.
The transaction has been advised by BDO Latvia and Germany, Cobalt and Corum.
About Blue Bridge Technologies
Founded in 2007 in Latvia, Blue Bridge is one of the leading developers of information systems in Latvian health care and insurance. The company provides proprietary software for medical practice management (SmartMedical), data interchange solution for real-time settlement of health insurance claims (SmartInsurance), and patient portal (piearsta.lv) with telemedicine functionality.
www.smartmedical.lv
