VC backed NextImage Medical, a Louisville, KY-based provider of specialized cost containment services to the workers’ compensation industry, acquired WorkWell, a Duluth, Minnesota-based provider of soft tissue injury prevention and treatment solutions.
The amount of the transaction was not disclosed. Liz Griggs, the chairman and CEO of Nextimage, will be the CEO of the combined company.
NextImage Medical is a portfolio company of Chrysalis Ventures and the firm’s Managing Partner, Koleman Karleski, sits on the company’s board of directors.
Led by Margot Miller, PT, WorkWell provides soft tissue injury prevention and treatment solutions, which aim to improve workforce wellness, availability, and productivity. It also provides proactive musculoskeletal wellness solutions.
17/11/2009: NextImage Medical Raises $5M in Series A Financing