WebPT, a rehab therapy software platform has acquired StriveHub, a Boston, MA-based patient relationship management (PRM) platform specifically designed for rehab therapy providers. For WebPT, the acquisition of StriveHub will enable PTs to deepen relationships with patients and improve their practices' bottom line Financial terms of the acquisition were not disclosed. Developed by two physical therapists, StriveHub enables providers to develop automated email campaigns, collect and act upon
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Medecision Acquires AxisPoint Health’s Platform Business, Will Migrate 50 Clients to Aerial PHM Platform
Medecision, a provider of population health management solutions for risk-bearing entities has acquired of over 50 clients from AxisPoint Health. The acquisition includes clients that currently use CCMS and VITAL, recently rebranded as AXIS. AxisPoint Health’s services businesses, including CarePoint, GuidePoint, and Analytix, are not included in this transaction and remain under management by AxisPoint Health. Financial terms of the acquisition were not disclosed.Once the acquisition is closed,
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Paradigm Outcomes Acquires Surgical Management Solution ForeSight Medical
Paradigm Outcomes, a provider of medical management services for catastrophically injured workers, has acquired ForeSight Medical, a comprehensive suite of surgical management solutions in the workers’ compensation marketplace. Financial terms of the acquisition were not disclosed. As part of the acquisition, ForeSight Medical will operate as a wholly owned subsidiary of Paradigm and will maintain its separate brands. Clients will continue to receive exceptional service and unparalleled
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Generali Global Assistance Acquires Senior Caregiver Marketplace App CareLinx
Generali Global Assistance announced it has acquired CareLinx, a Silicon Valley-based nationwide, tech-enabled caregiver marketplace improving access to affordable, quality home care for families, large health systems, and insurance companies. Financial details of the acquisition were not disclosed. The company has raised a total of $5 million in funding to date. Founded in 2011, CareLinx professional caregivers leverage proprietary digital care plans to better assist the elderly, individuals
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10 Best Practices for Executing Successful M&A Deals in Healthcare IT
Over the past couple of years, there have been around 200 merger and acquisition (M&A) deals in the healthcare IT space, driven by high enterprise value and the sheer size of the industry. 49 deals came together in the first quarter of this year alone. These numbers make health IT the highest performing industry in terms of M&A activity in the consumer and retail space, and the second highest in the infrastructure/industrial space.Between 2018 and 2019, we will see an insatiable need for
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Private Equity Firm Acquires Pharmacy Automation Provider Capsa Healthcare
Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm has acquired Capsa Healthcare, a provider of mobile workstations, medication management products, and pharmacy automation solutions for healthcare settings. Financial terms of the acquisition were not disclosed.Formed through the integration of Capsa Solutions, Rubbermaid Healthcare, and Kirby Lester, Capsa Healthcare develops and manufactures Point-of-Care Workstations, Medication Management Solutions, and
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FNFV Acquires ED Clinical Documentation & Coding Vendor T-System for $200M
Fidelity National Financial, Inc. has agreed to acquire to acquire T-System Holdings ("T-System"), a provider of emergency department clinical documentation and coding solutions for $200 million in cash.Founded in 1989 by physicians Woodrow Gandy, M.D., and Rob Langdon, M.D., T-System provides emergency department documentation to advance care delivery and financial outcomes for episodic care. Through clinically-driven services and documentation solutions as well as charge capture and coding
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Google Acquires Mobile Health Monitoring Startup Senosis Health
Google has acquired Senosis Health, a Seattle, WA-based mobile health monitoring startup that develops apps to measure, diagnose, and manage diseases, GeekWire first reports. Co-founded by Prof. Shwetak Patel at the University of Washington’s (UbiComp) research lab, Senosis Health mobile apps collects health metrics to diagnose pulmonary function, hemoglobin counts and other critical health information.Together with four other clinicians, researchers and tech transfer experts, the company’s
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PatientPoint Acquires Oncology Waiting Room Provider Patient Education Network
PatientPoint, a provider of patient and physician engagement solutions at the point of care has acquired digital oncology waiting room provider, Patient Education Network (PEN) to expand its oncology footprint. Upon closing, the acquisition more than doubles the size of its oncology network by the end of 2018. This acquisition unites two patient-centered organizations that will now share the mission of making provider-patient engagements better at every critical touchpoint across all points of
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Allscripts Acquires McKesson’s Enterprise Information Solutions for $185M
Allscripts has entered into an agreement to acquire McKesson Corporation’s hospital and health system IT business, Enterprise Information Solutions for $185M in cash. The Enterprise Information Solutions portfolio includes Paragon (EHR solution); STAR and HealthQuest (Revenue Cycle solutions); Lab Analytics and Blood Bank; and OneContent (Content Management solutions).For Allscripts, the acquisition further advances Allscripts strategy to offer the most comprehensive, high performing health
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