- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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KLAS: State of Value-Based Care Consulting In A High-Performing Market
- Latest KLAS report examines nine firms that provide value-based care consulting services to explore the types of work these firms do (and for who), how consistently the firms perform across clients, the outcomes they deliver, and the factors that drive these outcomes.- KLAS identifies Deloitte, Lumeris, Navigant, PwC, Optum, Premier, Chartis Group, Health Catalyst, and Milliman are named top performers excelling within different scopes of engagement and recommended by their clients.
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Alphabet’s Verily, Emory Healthcare Partner to Leverage Big Data to Optimize Medication & Lab Ordering Patterns
- Alphabet’s Verily is partnering with Atlanta, GA-based Emory Healthcare on deep analysis of medications and lab ordering patterns for improved diagnosis and treatment at the point of care. - Verily is a subsidiary of Alphabet focused on life sciences and healthcare that develops tools and devices to collect, organize and activate health data, and creates interventions to prevent and manage diseaseVerily, an Alphabet company is partnering with Emory Healthcare to deploy new solutions to help
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Augmedics Secures FDA 510(k) Clearance for Augmented Reality Guidance System for Surgery
- Augmedics announced U.S. Food and Drug Administration (FDA) 510(k) clearance and the U.S. launch of its groundbreaking xvision Spine system (XVS), the first AR guidance system to be used in surgery.
- xvision Spine allows surgeons to visualize the 3D spinal anatomy of a patient during surgery as if they had “x-ray vision,” and to accurately navigate instruments and implants while looking directly at the patient, rather than a remote screen.
Today, Augmedics announced U.S. Food and Drug
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Butterfly iQ Expands Whole-Body Ultrasound System to Android Devices
- Butterfly iQ, the world’s first single-probe whole body ultrasound system announces it is now compatible with Android for the first time, allowing for even greater accessibility to medical professionals around the world- With this expansion, Butterfly’s mission to help pave the way for early detection and diagnosis of health issues globally has become even more tangible. - From remote villages in Africa to research missions in the arctic tundra, Butterfly is dedicated to providing a seamless
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SoldierStrong Donates Spinal Cord Rehabilitation Exoskeleton to VA Boston
- SoldierStrong donates a spinal cord rehab exoskeleton that enables individualized gait therapy for patients with lower extremity weakness or paralysis to VA Boston Healthcare System, West Roxbury Campus. - The donation will provide VA Boston with device options for their Veterans who meet the medical clearance and FDA criteria to allow for robotic-assisted ambulation post spinal cord injury. SoldierStrong, a national nonprofit organization dedicated to providing revolutionary medical
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DarioHealth Closes $21.3M to Expand Digital Therapeutics Platform Beyond Diabetes & Hypertension
- DarioHealth closed on a private placement of $21.3M in convertible preferred stock to institutional and private investors.- Proceeds of the financing will be deployed to accelerate B2B partnerships with payer organizations who can commit subscribers in the thousands, to reinforce D2C, and to expand their product lineup beyond their current diabetes and hypertension offering.Global digital therapeutics innovation provider, DarioHealth Corp. (NASDAQ: DRIO), announced that it has closed on a
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Medigate and Cerner Partner to Advance Medical Device Security
- Medical device security and management solution Medigate is teaming up with Cerner to make it easier for healthcare organizations to establish and maintain strong network security, manage medical device security risks, and keep operations intact.- The average hospital room has nearly 15 to 20 devices that can connect to the cloud and apps. This is exactly why device security and healthcare technology must work together to ensure the protection of the most sensitive and valuable data.Medigate,
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Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem to Accelerate Biomarker Discovery
- Paige raises $45M in Series B funding led by Healthcare Venture Partners with participation from Breyer Capital, Kenan Turnacioglu, and others. - The funding will be used to accelerate commercial efforts of its AI-native digital pathology ecosystem in the U.S., Europe, Brazil, and Canada. Paige, a NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it has closed its Series B funding round of $45 million, bringing the Company’s
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Amazon Comprehend Medical Adds Ontology Linking to Help Clinicians Detect Medication and Medical Conditions in Unstructured Clinical Text
- Amazon Comprehend Medical, Amazon’s HIPAA eligible natural language processing service that uses machine learning to find insights in unstructured texts, announced a new capability of linking information to medical ontologies. - The new ontology-linking feature will help clinicians to detect medication and medical conditions in unstructured clinical text. Amazon will now support ICD-10-CM and RxNorm ontologies through Comprehend Medical. Amazon Comprehend, a HIPAA eligible natural language
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