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

Hospital M&A Activity Surges in Q3 2024, Driven by Steward Health Care Bankruptcy and Mega Mergers

by Fred Pennic 10/04/2024 Leave a Comment

Hospital M&A Activity Surges in Q3 2024, Driven by Steward Health Care Bankruptcy and Mega Mergers

What You Should Know:  - The hospital and health system merger and acquisition (M&A) market experienced a significant surge in activity during the third quarter of 2024, reaching its highest level since 2017, according to Kaufman Hall’s latest M&A report.  - Kaufman Hall’s M&A report reveals this surge was largely fueled by the Steward Health Care bankruptcy and a series of "mega mergers" involving prominent health systems. Steward Health Care Bankruptcy Drives
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HHAeXchange Acquires Sandata Technologies: Expanding Homecare Solutions

by Fred Pennic 10/03/2024 Leave a Comment

HHAeXchange Acquires Sandata Technologies: Expanding Homecare Solutions

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced today its acquisition of Sandata Technologies, a veteran in the homecare industry with four decades of experience. Financial details of the acquisition were not disclosed.  - The strategic move strengthens HHAeXchange's position in the rapidly growing home and community-based services (HCBS) market, where demand for personal care aides is projected to increase by 43% between 2020 and
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RXNT Acquires Scalabull to Streamline EHR Connectivity with Labs and Radiology

by Fred Pennic 10/03/2024 Leave a Comment

RXNT Acquires Scalabull to Streamline EHR Connectivity with Labs and Radiology

What You Should Know:  - RXNT, a Maryland-based healthcare technology leader, is continuing its path of accelerated growth with the acquisition of Scalabull, a nationwide interfacing network.  - The strategic move strengthens RXNT's ability to connect Electronic Health Record (EHR) systems with clinical laboratories and radiology facilities, streamlining critical diagnostic processes for healthcare providers across the U.S. Scalabull: Simplifying Diagnostic
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Huma Acquires Digital Triage Platform eConsult, Launches Huma Workspace for Health Systems

by Fred Pennic 10/02/2024 Leave a Comment

Huma Acquires Digital Triage Platform eConsult, Launches Huma Workspace for Health Systems

What You Should Know:  - Huma, a global leader in healthcare AI and digital health solutions, has acquired eConsult, a prominent digital-first triage and automated consultation platform used throughout primary and emergency care in the UK.  - The strategic move strengthens Huma's commitment to transforming the NHS into a proactive, digital-first health system. Financial details of the acquisition were not disclosed.  Building a Comprehensive Digital Health
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Connie Health Acquires Keen Insurance Services, Expands Reach to Empower Seniors in Navigating Medicare

by Health M&A 10/02/2024 Leave a Comment

Connie Health Acquires Keen Insurance Services, Expands Reach to Empower Seniors in Navigating Medicare

What You Should Know:  - Connie Health, a Boston-based tech-enabled Medicare navigation platform, today announced that it has acquired Keen Insurance Services, a company built at Redesign Health.  - The acquisition will strengthen Connie Health’s commitment to expanding its reach and helping seniors across the U.S. make informed healthcare decisions.  Meeting the Growing Demand for Personalized Medicare Guidance This strategic acquisition comes at a time of significant
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VisiQuate Acquired by Accel-KKR to Tackle Healthcare’s Revenue Leakage Crisis

by Fred Pennic 10/01/2024 Leave a Comment

VisiQuate Acquired by Accel-KKR

What You Should Know:  - VisiQuate, a provider of advanced revenue cycle analytics, AI-powered workflow, and automation solutions, today announced its acquisition by Accel-KKR, a global technology-focused investment firm.  - The strategic acquisition marks a significant milestone for VisiQuate, enabling the company to leverage Accel-KKR's resources and expertise to further its growth and innovation in the healthcare revenue cycle management (RCM) space. Addressing Healthcare's
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Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF

by Fred Pennic 09/30/2024 Leave a Comment

Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF

What You Should Know:  - Wellinks, the leader in virtual-led cardiopulmonary care, has acquired Spire Health in a non-cash transaction.  - This strategic move merges Spire's cutting-edge patient monitoring technology with Wellinks' specialized virtual care model, establishing a first-of-its-kind, fully integrated Predictive Patient Care company. Addressing the Costly Burden of COPD and CHF Chronic Obstructive Pulmonary Disease (COPD) and Congestive Heart Failure (CHF)
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Pomelo Care Acquires The Doula Network to Offer Virtual & In-Person Care

by Jasmine Pennic 09/25/2024 Leave a Comment

Pomelo Care Acquires The Doula Network to Offer Virtual & In-Person Care

What You Should Know:  - Pomelo Care, a provider of evidence-based maternity care, has acquired The Doula Network, the largest network of credentialed, in-network doulas in the United States.  - The acquisition expands Pomelo's reach to over 15 million covered lives, including more than 1 in 6 Medicaid beneficiaries nationally. ​​ By integrating doula care into its evidence-based, hybrid care model, Pomelo is expanding access to high-quality care, improving outcomes for mothers
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Everise Acquires CGS Healthcare Vertical, Expands US Footprint and Service Offerings

by Fred Pennic 09/25/2024 Leave a Comment

Everise Acquires CGS Healthcare Vertical, Expands US Footprint and Service Offerings

What You Should Know:  - Everise, a global leader in healthcare customer experience (CX), today announced its acquisition of Continuum Global Solutions' (CGS) healthcare vertical from Skyview Capital.  - Everise's acquisition of CGS's healthcare vertical is a strategic move that will significantly enhance its capabilities in the healthcare CX space.  Expanded Footprint and Service Offerings The acquisition will significantly expand the combined entity's customer base
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Cardinal Health Acquires Integrated Oncology Network for $1.115B

by Fred Pennic 09/20/2024 Leave a Comment

Cardinal Health Acquires Integrated Oncology Network for $1.115B

What You Should Know:  - Cardinal Health (NYSE: CAH) has announced a definitive agreement to acquire Integrated Oncology Network (ION), a physician-led independent community oncology network, for $1.115 billion in cash.  - The acquisition will integrate ION into Cardinal’s Navista platform and expand its suite of solutions to deliver world-class patient care and experiences while navigating the complexities of the healthcare landscape. Expanding Support for Independent
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