GlaxoSmithKline and Pfizer Inc to form new world-leading Consumer Healthcare Joint Venture provides a unique opportunity to accelerate GSK’s strategy and create substantial value for shareholders. GlaxoSmithKline has reached an agreement with Pfizer Inc to combine their consumer health businesses into a consumer health Joint Venture, with combined sales of approximately $12.7B. As part of the agreement, GSK will have a majority controlling equity interest of 68% and Pfizer will have an equity
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
PeaceHealth to Acquire On-Demand Healthcare Provider ZOOM+Care
PeaceHealth to acquire ZOOM+Care to expand access to on-demand primary and specialty care for patients across the Pacific Northwest. PeaceHealth, a Vancouver, WA-based nonprofit Catholic health system serving the Pacific Northwest community, today announced it will acquire ZOOM+Care, a provider of on-demand retail and digital healthcare services including telemedicine. The acquisition increases access to a continuum of care that offers consumers in Oregon and Washington with more choice and
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Behavioral Health Startup Tridiuum Raises $9.5M to Integrate Behavioral Health Across Continuum of Care
Tridiuum (formerly known as Polaris Health Directions), a Philadelphia-based provider of cloud-based behavioral health solutions has raised $9.5 million in Series B financing, which includes equity capital from lead investor Sopris Capital and strategic co-investor Fresenius Medical Care Ventures, and debt funding from Silicon Valley Bank. Series A investors Ben Franklin Technology Partners of Southeastern Pennsylvania and Martinson Ventures participated as well.Founded in
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Change Healthcare Acquires Blockchain Startup PokitDok Assets
Change Healthcare announced that it has acquired intellectual property (IP) and other key assets from PokitDok, Inc., a blockchain platform-as-a-service company for healthcare. The integration of key PokitDok APIs into the network will add new capabilities for digital health, telemedicine, and other new, disruptive care models that support value-based, patient-centric healthcare.Founded in 2011, PokitDok’s platform-as-a-service makes it faster and easier for healthcare organizations to bring new
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Alira Health Acquires Data Sciences Company Clinical Insights
Alira Health, international healthcare and life sciences advisory firm, announced that it has acquired Clinical Insights, a data science organization providing data analytics and predictive analysis to healthcare companies. The acquisition will add rich data to each of Alira Health's practice areas, including innovation, regulatory, clinical, strategy, and transaction advisory services.Founded in 2012, Milano, Italy-based Clinical Insights provides tools and business advisory services based on
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Sentiance Acquires Personalized Mobile Coaching Platform BrandNewHealth
Sentiance, a leading IoT intelligence platform, today announced it has acquired BrandNewHealth in a move to bolster its platform to offer more personalized and behavioral change programs for its healthcare, insurance and mobility partners. Founded in 2003, BrandNewHealth is a leader in cost-effective personalized mobile coaching, with a primary focus on helping companies improve the health, well-being, and mobility of their employees and the communities they live in. The broader scope of the
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Brightree Acquires Mobile Delivery and SaaS Provider Apacheta Corp.
Brightree, an out-of-hospital software provider, announced it has acquired PA-based Apacheta Corporation, a privately held mobile delivery and cloud-based SaaS provider that allow companies to automate and streamline business processes in route sales, field marketing, pick-up and delivery, transportation and field services.“Apacheta solves many of the business challenges HMEs face in managing deliveries, particularly eliminating missing, lost or incomplete delivery information,” said Brightree
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Medsphere Lands $32M to Expand its Suite of SaaS Health IT Solutions and Support Future Acquisitions
Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced it has raised $32 million in funding from Morgan Stanley Expansion Capital and East West Bank. The Carlsbad, CA-based company plans to use the capital infusion to address the growing demand for its comprehensive suite of healthcare IT solutions and services, and support future strategic acquisitions.Medsphere BackgroundFounded in 2002,
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M&A Analysis: 10 Reasons Why ResMed Acquired Propeller Health for $225M
On December 3rd, ResMed announced the acquisition of digital therapeutics maker Propeller Health for $225 million to help establish itself as a leader in COPD management across all stages of the disease. Digital medicines can help to personalize treatments, monitor patients in real-time, detect day-to-day changes in disease condition and increase patient adherence. Founded in 2010, Propeller helps people and their doctors better manage their COPD and asthma. Propeller’s digital medicine platform
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Dutch Startup Launches First Cancer Fatigue App to Support Cancer Patients & Survivors
Tired of Cancer, a Dutch-based digital health startup whose mission to help as many cancer patients and survivors fight cancer-related fatigue (CRF), today announced the first mobile app to address CRF. Now available for free, the Untire app is the first digital solution to support the 30-40% cancer patients and survivors suffering from cancer fatigue worldwide.Fatigue: The Most Common Side Effect of CancerCRF, characterized by feelings of exhaustion and weakness is the most common side effect
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