Biddeford health tech firm sold for $7.3M
A health care firm whose founder moved her home and some of her operations to Biddeford four years ago has sold the business to a Florida company for $7.3 million. Madena Ltd., which provides consulting and software for health insurance plans, was purchased in a private stock transaction by CODY Consulting Group, according to a news release Wednesday. CODY, based in Tampa, is a health care technology and consulting company that currently works with over 60 government-funded and commercial health plans to improve regulatory compliance, manage benefit data, and streamline member communications....
Source: mainebiz.biz