Hearst announced it has agreed to acquire a majority stake in Tampa-based MedHOK, Inc., a leading provider of software-as-a-service (SaaS) solutions for health plans offered by insurance companies, health systems and companies that administer drug benefits. Financial terms of the acquisition were not disclosed and the transaction is expected to close early this summer, subject to regulatory approvals.The announcement was made by Hearst President and CEO Steven R. Swartz, Hearst Business Media
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
MedAssets-Precyse Acquires Healthcare Analytics Vendor Equation
MedAssets-Precyse has acquired Utah based healthcare analytics and consulting company Equation for an undisclosed sum. The acquisition will help MedAssets-Precyse enhanced its end-to-end healthcare financial and clinical business intelligence and analytics solution for the healthcare enterprise. Equation healthcare organizations with the analytic tools and consulting expertise to gain insights to improve healthcare delivery and patient satisfaction while strengthening financial and budgetary
Read More
Israeli Digital Health Startup EarlySense Lands $25M for Contact-Free Monitoring
Israeli digital health startup, EarlySense, a contact-free continuous monitoring solutions provider, announced today that it has raised $25 million in funding, led by Israel’s largest bank, Bank Hapoalim. Pitango Venture Capital, JK&B Capital and other previous investors also participated in the round.The latest round brings the company's total funding to $100M including strategic investments from Samsung, Welch Allyn and Mitsui. The company will utilize the funding to scale its product
Read More
IMS Health Acquires Canada-based Privacy Analytics
IMS Health has acquired Canada-based Privacy Analytics, a technology provider that enables healthcare organizations to unleash the value of sensitive data for secondary purposes without compromising personal health information. The acquisition will help IMS Health strengthen its robust Real-World Evidence (RWE) capabilities and advance the company’s ability to help life sciences clients drive R&D and commercial performance and demonstrate treatment value in real-world settings. MS Health
Read More
iHealth Solutions Acquires Revenue Cycle Company DNA Healthcare
iHealth Solutions, LLC, a Louisville, KY-based healthcare software and services company has acquired the assets of revenue cycle management company DNA Healthcare Inc.(DNAH). The acquisition of the New-Jersey RCM provider will strengthen iHealth’s proprietary technology, as well as increase its customer base with major hospitals and clinics across the East Coast. iHealth Solutions provides revenue cycle management, practice management, credentialing and EHR services to small to large size
Read More
Canary Health Acquires Mobile Stress Management Company bLife
Digital health self management company Canary Health(formerly DPS Health), announced it has acquired mobile stress management company, bLife, to round out its self-management suite that includes a CDC-recognized Diabetes Prevention Program (DPP) and the chronic disease online workshops from Stanford University's Patient Education Research Center. Financial terms of the acquisition were not disclosed. As part of the acquisition, bLife co-founder Paul Campbell has joined the senior management team
Read More
Magellan Health To Acquire Armed Forces Services Corporation for $117.5M
Magellan Health, Inc., a provider of complex care and special population management, announced that it has entered into an agreement to acquire Armed Forces Services Corporation (AFSC) for $117.5M. The acquisition will enhance Magellan’s existing footprint in special population management within the military and veteran communities, as well as other federal agencies. Headquartered in Arlington, Va. AFSC has extensive experience providing and managing behavioral health and specialty services to
Read More
M&A Expert Talks 4 Trends Emerging from the Health IT M&A Market
As Managing Director of SC&H Capital, an investment banking and advisory firm, Chris Helmrath knows M&A opportunities when he sees them. And in today’s HIT M&A market, he sees a rapid shift from mega mergers to middle-market acquisitions.In our interview, Chris—a 30-year veteran of buy- and sell-side healthcare transactions—discusses four key trends emerging from the evolving health IT M&A market, as well as what they mean for consultants and their clients. Trend No. 1. A More
Read More
Private Equity Firm Acquires Urgent Care EMR DocuTap
DocuTAP, a provider of EMR / EHR software, practice management systems, and revenue cycle services for urgent care clinics has been acquired by private equity firm Warburg Pincus. Founded in 2000 by CEO Eric McDonald, DocuTap's EMR and practice management solution serves more than 1,300 urgent care and primary care clinics and has added 350 urgent care clinics to its network in the last year alone. Financial terms of the deal were not disclosed.
Read More
IMS Health, Quintiles to Merge in $9B Deal: 10 Things To Know
Healthcare technology provider IMS Health Holdings announced it will merge with biopharma research contract provider Quintiles Transnational Holding in a deal valued at $9 billion. The merged company will be named Quintiles IMS Holdings, Inc. to become an industry-leading information and technology-enabled healthcare service provider. Here are ten key things to know about the $9B merger: 1.Based on equity market capitalization, the combined company is valued at more than $17.6 billion with an
Read More
