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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant

Dr. Patrick Soon-Shiong’s Nantworks Acquires Majority Stake in St. Vincent & 5 Other California Hospitals

by HITC Staff 07/07/2017 Leave a Comment

NantHealth_Nantworks_Dr. Patrick Soon-Shiong

Billion physician Dr. Patrick Soon-Shiong announced that his company NantWorks, LLC, has acquired a majority stake in Integrity Healthcare, LLC, Verity Health System’s management company. Verity Health is a nonprofit healthcare system employing more than 6,000 staff statewide. For Nantworks, acquiring a majority stake creates a unique opportunity for collaboration to make Verity Health a leader in innovative healthcare delivery, including personalized patient-centered healthcare solutions for
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Roche Acquires Mobile Diabetes Management Platform mySugr

by Fred Pennic 06/30/2017 Leave a Comment

Roche Acquires Mobile Diabetes Management Platform mySugr

Roche has acquired mobile diabetes management platform mySugr to form a leading open platform for digital diabetes management. For Roche, the acquisition will allow the company to expand its position in the diabetes management market.As part of the acquisition, mySugr will remain as a separate legal entity with an open platform for all diabetes devices and services. Users will continue to have the ability to automatically upload blood glucose data from their preferred device into the mySugr
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Teladoc to Acquire Best Doctors for $440M in Cash and Stock

by HITC Staff 06/19/2017 Leave a Comment

Highmark Partners With Best Doctors to Provide Virtual Second Opinions for Members

Telehealth provider Teladoc, Inc. has entered into a definitive agreement to acquire Best Doctors, an expert medical consultant company.  For Teladoc, the acquisition will expand its international footprint and breadth of healthcare solutions. . By leveraging the proven portfolio of healthcare solutions from both Best Doctors and Teladoc, members will have one simple, virtual, patient-centric way to resolve their healthcare issues, improving outcomes and reducing costs.Under the terms of the
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Cognizant to Acquire Health Care Service Corporation’s Unit TMG Health

by HITC Staff 06/13/2017 Leave a Comment

Cognizant Acquires TriZetto for $2.7 Billion In Cash

Cognizant has entered an agreement to acquire Health Care Service Corporation (HCSC) subsidiary TMG Health, a leading national provider of expert solutions for Medicare Advantage, Medicare Part D and Managed Medicaid plans. As part of the acquisition, TMG Health will continue to provide information technology, business process and other services to HCSC’s operating units and subsidiaries.  The combination of capabilities from TMG Health and both Cognizant’s Digital Operations and Digital Systems
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Private Equity Firm GTCR Acquires Active Aging Provider GreatCall

by Jasmine Pennic 06/08/2017 Leave a Comment

Private equity firm GTCR has acquired GreatCall, a San Diego-based provider of active aging & independent living solutions, health apps, cell phones for seniors & medical alert devices. Financial terms of the acquisition were not disclosed and the transaction is expected to close in the third quarter of 2017.As part of the acquisition, GTCR will partner with CEO David Inns and the GreatCall management team as they continue to grow and develop the Company's technology and services
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TeraRecon Acquires Machine Learning Algorithm Platform McCoy Medical Technologies

by Jasmine Pennic 06/02/2017 Leave a Comment

TeraRecon Acquires Machine Learning Algorithm Platform McCoy Medical Technologies

TeraRecon, a provider of advanced visualization and enterprise medical image viewing solutions has acquired McCoy Medical Technologies, a developer platform and API interface for algorithm developers, partners and end users. Financial terms of the acquisition were not disclosed.Founded in 2016, McCoy facilitates the streamlined distribution and hospital implementation of evidence-based practices and trained machine learning algorithms via a vendor neutral distribution platform. The McCoy
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Mediware Acquires Kinnser Software to Expand Portfolio in Home Health & Hospice Market

by Jasmine Pennic 06/01/2017 Leave a Comment

Mediware Acquires Kinnser Software to Expand Portfolio in Home Health & Hospice Market

Mediware Information Systems has acquired Austin, Texas-based Kinnser Software, a provider of software solutions for home health and hospice providers. Financial terms of the acquisition were not disclosed.Mediware, which was acquired by TPG in February, is a leading supplier of software as a service (SaaS) and other software platforms for non-acute care, human and social services, blood management and medication management. The acquisition of Kinnser enables Mediware to expand its portfolio in
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Digital Health Corp Acquires Speech Therapy App Constant Therapy

by Jasmine Pennic 05/31/2017 Leave a Comment

Constant Therapy Raises $2M for Customized Brain Rehab Apps

Digital Health Corp, the parent company of Reflexion Health has acquired Constant Therapy, a speech therapy app for people recovering from stroke, traumatic brain injury, or who have aphasia, dementia and other speech-language disorders. Financial details of the acquisition were not disclosed.For Digital Health Corp, the acquisition will enhance the company’s existing offerings in personalized and affordable home-based therapy solutions that accelerate and improve patient recovery from surgical
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UK Provider Medvivo Acquires Clinical Decision Support App Expert 24

by HITC Staff 05/30/2017 Leave a Comment

UK Provider Medivo Acquires Clinical Decision Support App Expert 24

Medvivo, a UK-based health and care services provider has acquired Expert 24, a global developer of clinical decision support applications for some of the world’s largest healthcare providers, insurers and health information platforms including BUPA, AXA PPP Healthcare, U.S. Department of Veterans Affairs and WebMD.The acquisition strengthens Medvivo’s range of clinical technology products and services built up over the past 11 years; and will support Expert 24’s continued growth throughout the
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Surgical Information Systems Acquires Ambulatory Surgery Center Software SourceMed

by HITC Staff 04/27/2017 Leave a Comment

Surgical Information Systems Acquires Ambulatory Surgery Center Software SourceMed

Surgical Information Systems ("SIS"), a provider of perioperative information systems has acquired SourceMed, a provider of ambulatory surgery center (ASC) software and services. Financial details of the acquisition were not disclosed.SourceMed develops ASC business and clinical management solutions AdvantX®, Vision™, and SurgiSource®, and offers ASC advisory and revenue cycle services.For SIS, the addition of SourceMed solutions will help strengthen the company’s offering to meet the needs of
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