Behavioral Tech Companies Qualifacts, Credible Behavioral Health to Merge

The behavioral health technology providers Qualifacts and Credible Behavioral Health will merge, the companies’ private equity backers announced Tuesday.

Nashville-based Qualifacts is an electronic health record provider for behavioral health and human service organizations. It was acquired by Warburg Pincus, a global private equity firm focused on growth investing, last year.

Meanwhile, Rockville, Maryland-based Credible Behavioral Health provides software for clinic, community, residential and mobile care providers. It is a portfolio company of Martis Capital, a private equity firm focused exclusively on the healthcare sector.


The new combined company will have a significantly increased scale and scope and serve more than 800 behavioral health agencies nationwide, according to a press release announcing the news.

David Klements, CEO of Qualifacts, will lead the company, while Matthew Dorman, CEO of Credible, will serve as a strategic advisor.

“This transformational merger will deliver more value to the behavioral health customers we serve while creating outstanding opportunities for our employees,” Klements said in the press release.


Companies featured in this article: