HMS Holdings Corp. a provider of cost containment solutions in the healthcare industry to help payers improve performance has acquired web-based care management platform Essette for approximately $20 million in cash. Founded in 2007, Essette's care management platform helps risk-bearing healthcare organizations identify, engage, and manage at-risk patient populations to improve outcomes while managing costs.Essette's customer base includes managed care organizations and care delivery
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
CRF Health Acquires Remote Patient Monitoring Startup Entra Health
CRF Health, a provider of electronic clinical outcomes assessment (eCOA)solutions for the life sciences industry, has acquired remote patient monitoring-focused startup Entra Health. Financial details of the acquisition were not disclosed. For CRF Health, the acquisition will help the company expand its footprint in wireless medical and wellness devices market. Additionally, it will help strengthen its integration with its eCOA technologies to establish a complete network of solutions to
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Huron Consulting Group Acquires HSM Consulting: 6 Things to Know
Management consulting firm Huron Consulting Group Inc. has entered into an agreement to acquire Healthcare Services Management, Inc. (HSM), a firm specializing in healthcare IT and management consulting. Here are six things to know about the acquisition: 1. The acquisition will help strengthen Huron’s ability to help healthcare providers implement and optimize EHR technologies that harness data to improve the quality and cost of care and better manage patient populations.2. Founded in 2006,
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Philips Acquires Wellcentive to Strengthen Its Population Health Business
Royal Philips has signed an agreement to acquire Atlanta, GA-based Wellcentive, a provider of population health management software solutions. Financial details of the acquisition will not be disclosed.Wellcentive and its 115 employees will become part of the Population Health Management business group within Philips. Tom Zajac, CEO of Wellcentive and an experienced healthcare industry leader, will be appointed to lead this business group.Philips-Wellcentive Integration PlansAs part of the
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TELUS Health Acquires Nightingale’s Canadian EMR Assets for $14M
TELUS Health has entered an agreement to acquire Nightingale Informatix Corp's Canadian EMR software solutions and related assets for $14M. The acquisition will help expand the company's EMR customer base in Ontario and Atlantic Canada where Nightingale's EMR solution currently supports 4,000 physicians. “Telus Health is Canada’s most established provider of health information technology solutions,” said Nightingale CEO Sam Chebib in the press announcement. “We share their vision for
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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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ECG Management Consultants Acquires Kurt Salmon’s Healthcare Division
Healthcare management consultant firm ECG Management Consultants, today announced it has acquired the healthcare division of Kurt Salmon. The sale of Kurt Salmon's healthcare division by parent company Management Consulting Group PLC, a London-based professional services company is expected to be $12M ((equivalent to approximately £9.2 million), Interactive Investor reports. An additional $1M of consideration is deferred and contingent on post completion performance. MCG will retain the reminder
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Definitive Healthcare Acquires Healthcare Analytics Provider Billian’s HealthDATA
Definitive Healthcare announced this week it has acquired Billian’s HealthDATA, a provider of data and analytics on U.S. healthcare organizations. Financial terms of the deal were not disclosed. The strategic acquisition will build on Definitive’s existing data on healthcare providers and facilities to provide data to over 1,500 clients ranging from the leading integrated delivery networks, hospitals and pharmaceutical companies to growing technology, medical device and staffing firms.Billian’s
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Teladoc Acquires Telehealth Startup HealthiestYou for $125M
Teladoc has signed an agreement to acquire HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization for $125 in a mix of cash and stock. Under terms of the acquisition, HealthiestYou purchase price consists of $45 million cash and 6.96 shares of Teladoc common stock worth $80 million. Teladoc expects the acquisition of HealthiestYou to close on July 1.Available to individuals and employers, HealthiestYou can be incorporated into any employee benefit
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