Doximity Announced its Acquisition of Amion
Feb 9, 2022 By MarketDepth
Doximity, Inc. (NYSE: DOCS) announced its acquisition of Amion, a leading on-call physician scheduling site.
Shares of Doximity, Inc. (NYSE: DOCS) gained over 13% in the premarket hours.
“We’re excited to partner with founder Stuart Karon and the Amion team to expand our physician cloud platform. Scheduling enhances our collaboration suite and will grow engagement across all our businesses.”Jeff Tangney, CEO and co-founder at Doximity
Boston based Amion manages nearly 200,000 physician schedules at thousands of hospitals and its mobile application combines scheduling with communication and lets staff submit special requests and swap shifts. The acquisition is expected to close on April 1st, 2022.
“For 24 years, Amion fostered a micro-company model to maximize operational efficiency. We’re excited to add Doximity’s growth gene to our DNA. Formalizing our decade-long partnership will bring great new tools to many more physicians.”Stuart Karon, CEO and founder at Amion