- 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
Read More
Behavioral Healthcare
Integrated Behavioral Health: Expectations vs Realities?
When patients go to the doctor, they’re putting their trust in a highly-trained professional. They trust that professional to provide them with the necessary care and attention to improve or sustain their health.
However, some underlying health issues can’t be detected with a simple blood test or CAT scan. Behavioral health problems can impact every part of a person’s life. Some can develop as a result of physical problems, and vice versa.
This is why the integration of physical and behavioral
Read More
Evolent Health Achieves NCQA Population Health Program Accreditation
- Evolent Health becomes the first company ever to achieve Population Health Program Accreditation from NCQA with the status of Accredited–3 years. - The Population Health Program Accreditation is the third NCQA Accreditation Evolent has achieved in 2019, with Evolent having also earned 3-Year Accreditation in both Utilization Management and Case Management in 2019. - Three years is the longest accreditation time period NCQA designates for organizations.Evolent Health, a company providing an
Read More
Rite Aid’s New CEO, CommonSpirit Health Appoints First Chief Information and Digital Officer, Geisinger’s Chief Nursing Exec, Other Health IT Appointments
Rite Aid Corporation appoints Heyward Donigan as Chief Executive Officer (CEO) and a member of the Board, effective immediately. John Standley will step down from his role as chief executive officer. Prior to joining Rite Aid, Donigan served as the president and chief executive officer of Sapphire Digital (formerly Vitals), which designs and develops omnichannel platforms that help consumers choose their best-fit healthcare providers.
Since 2015, Donigan lead Sapphire Digital's strategy and
Read More
As More Americans Suffer from PTSD, Digital Health Solutions Offer Hope
With deadly attacks in our communities and schools becoming more commonplace, increasingly more common natural disasters, and a number of military conflicts in the last decade, it’s no surprise that 70 percent of U.S. adults have experienced a traumatic event in their lifetime. Of those, twenty percent go on to develop post-traumatic stress disorder (PTSD), a mental health disorder that affects a person’s thoughts, emotions, and even physical wellbeing.
PTSD—which occurs when people experience
Read More
March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
Read More
Carisk Integrates with Valera Health to Optimize Care Coordination
Carisk Partners (Carisk), a specialty risk transfer and care coordination company, and Valera Health, a digital health startup have announced a strategic partnership to deliver an intuitive behavioral healthcare experience for patients. Valera Health leverages analytics and mobile tools that monitor, engage, and connect patients with care coordination teams. As part of the partnership, Carisk plans to utilize Valera technology to provide its care coordination teams with tools to optimize care
Read More
Today’s Behavioral Health Providers are Failing: Why Data Analytics is the Solution
Today, behavioral health is more important than ever. Major news outlets, from The New York Times to The Wall Street Journal, constantly cover the mental health epidemics wracking the nation, be it widespread opioid abuse or the steady, upward creep of suicide and self-harm.Spurred on by the scope and severity of these societal problems (as well as new legislation passed to address them), the behavioral health sector has grown exponentially. Yet this field is not without its problems: despite
Read More
Behavioral Health Startup Praestan Health Raises $12M to Drive Behavioral Health Transformation
Praestan Health, a Minneapolis, MN-based behavioral health technology-focused startup, announced that it has closed a private placement for $12 million to fund completion of its technology platform and build a national organization to serve clinicians, healthcare organizations, employers, and patients. Praestan Health is committed to driving improved health and wellbeing through behavior change at the individual and population health level, In addition, the company has launched hree-way health
Read More
IBM Watson, ODH Launch Population Health Management Platform to Transform Behavioral Healthcare
Behavioral health analytics provider ODH, Inc. and IBM Watson Health are teaming up to launch Mentrics, a population health management platform designed to help managed care organizations transform the quality and cost of behavioral healthcare. The platform is built specifically for managed care organizations that handle behavioral health benefits. Mentrics will streamline data and care coordination while generating valuable insights to help optimize care for patients with behavioral health
Read More
