A homegrown Tucson technology startup that provides Web-based medical referral systems has been acquired for $11.5 million by a major health-care technology and consulting firm.
The deal brings another major health-care company to Tucson and buoys the local entrepreneur and investment community.
Desert Angels portfolio company Medical Referral Source was acquired by Washington, D.C.-based The Advisory Board Co. and will maintain its offices and about a dozen employees here, said Cindy Jordan, a co-founder and CEO of Medical Referral Source and the managing director of the acquired operation.
For more: Tucson health-care tech firm acquired for $11.5 million
