Evolent Health and Valence Health have entered an agreement to acquire the majority of Valence Health's value-based administration, population health and advisory services business for $145M. The addition of Valence Health is expected to enhance Evolent's market-leading value-based care platform for providers. Here are 10 things to know about the acquisition: 1. Under terms of the agreement, Valence Health acquisition excludes its contracts serving state insurance cooperatives; the state
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Private Equity Firm To Acquire Imprivata for $544M
Lexington, MA-based healthcare IT security company Imprivata has agreed to be acquired by private-equity firm Thoma Bravo for $544M or $19.25 per Imprivata share in cash. Shares rose 32% to $19.14 pre-market. The company did not disclose when the acquisition is expected to close. “We’re tremendously excited about Thoma Bravo’s investment in our company and believe this transaction represents a great outcome for our current shareholders,” said Omar Hussain, President and CEO of Imprivata in the
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McKesson Acquires HealthQX To Boost Its Value-Based Payment Tech Tools
McKesson Health Solutions has acquired HealthQX™ to expand its value based care portfolio with HealthQX's value-based payment technology solution, ClarityQx. Financial details of the acquisition were not disclosed.The acquisition will strengthen McKesson's ability to support health plans transition to value-based care through automating and scaling complex bundled payments. Integrating ClarityQx with McKesson’s Episode Management gives health plans the ability to automate retrospective bundled
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HealthTap Acquires Docphin to Deliver Latest Medical Research to Physicians
HealthTap, a Palo Alto-based Global Health Practice providing 24/7 immediate access to doctors via video, text, or voice has acquired Docphin, a medical research service that makes it easier for doctors to keep up to date with the latest medical news and research results. The formal announcement is not new news as Mobihealthnews first reported that HealthTap had quietly acquired Docuphin back in March for undisclosed sum. For HealthTap, the acquisition will enable HealthTap to extend
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Enli Health Intelligence Inks Strategic Relationship with Dell Services
Enli Health Intelligence, a provider of population health management technology has announced the formation of a strategic global relationship with Dell Services. Together, both companies will offer healthcare providers worldwide, including physician practices, accountable care organizations, and health systems, end-to-end technology and advisory services to accelerate their quality improvement and value-based care delivery initiatives, ultimately helping to deliver on the promise of better
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American Heart Association, Amazon Partner to Advance Precision Cardiovascular Medicine
The American Heart Association (AHA) has inked a strategic partnership with Amazon Web Services, Inc. (AWS), a cloud computing infrastructure, to enable and advance discoveries in cardiovascular science and medicine using cloud technology.AHA’s Institute for Precision Cardiovascular Medicine aims to advance the science and practice of precision medicine to improve cardiovascular health in both individuals and populations by fostering research that takes into account the systems biology arising
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HHS Appoints Beth Anne Killoran New CIO
On Friday, the Department of Health and Human Services (HHS) has named Beth Anne Killoran as its new chief information officer after serving almost six months as acting CIO. "To protect all of our IT systems — from desktops to the Personally Identifiable Information and Protected Health Information our Department works with — we need more than an investment in funding or new technology. We need a cyber-savvy workforce.That’s why I’m pleased to announce that Beth Anne Killoran has agreed to lead
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AMC Health, Glooko Partner to Deliver BYOD Solution To Patients With Diabetes
AMC Health, a provider of proven remote patient monitoring and engagement solutions and Glooko Inc., a population health platform for diabetes management has announced a partnership to help clinicians and patients improve diabetes outcomes at lower costs.Glooko is one of many FDA 510(k) cleared devices now integrated into AMC Health’s expanding FDA-cleared CareConsole® virtual care platform. Glooko is currently being used in 1,000+ health systems, health plans and employers in the USA, including
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Digital Health Funding Tops $3.9B in First Half of 2016
Digital health funding in the first half of 2016 reached a record breaking $3.9B compared to the previous record of $3.5B in 2014, according to StartUp Health Insights 2016 Midyear Report. Early stage deals accounted for more than 65 percent deal volume. The report revealed that patient/consumer experience as the most dominant market in the first half of the year raising $958M over 51 deals. Additionally, the San Francisco Bay Area, New York City Metro San Diego and Boston continues the trend
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With iOS10, Apple Brings National Organ Donor Registration to iPhone
Apple and Donate Life America has teamed up to offer iPhone users national organ donor registration via the Health app with the release of iOS 10. All registrations submitted from iPhone are sent directly to the National Donate Life Registry managed by Donate Life America. Donate Life America manages and promotes the national brand for donation, Donate Life, and assists Donate Life State Teams and national partners in facilitating high-performing donor registries including the management of the
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