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

WellRX Acquires Bioreach Lab to Enhance Preventative Healthcare Offerings

by Fred Pennic 11/27/2024 Leave a Comment

WellRX Acquires Bioreach Lab to Enhance Preventative Healthcare Offerings

What You Should Know:  - WellRX, the parent company of preventative healthcare brands ReviveRX and Ways2Well, has acquired Bioreach, a cutting-edge bloodwork and genetics laboratory.  - The strategic acquisition brings advanced diagnostic capabilities in-house, allowing WellRX to streamline its preventative healthcare offerings and enhance patient care. Expanding Access to Advanced Diagnostics By integrating Bioreach's laboratory services, WellRX can now offer a
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Health Commons Project Acquires OneHealthPort to Expand Health Data Interoperability in Washington State

by Fred Pennic 11/08/2024 Leave a Comment

Health Commons Project Acquires OneHealthPort to Expand Health Data Interoperability in Washington State

What You Should Know:  - Health Commons Project, a non-profit dedicated to improving healthcare access and quality, has acquired OneHealthPort, Washington State's Health Information Exchange (HIE).  - The strategic move strengthens Health Commons Project's mission to enhance data interoperability, improve care coordination, and promote public health across Washington. Expanding Impact and Reach By integrating OneHealthPort's robust HIE platform, Health Commons Project gains
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General Catalyst’s HATCo Acquires Summa Health for $485M, Eliminates $850M in Debt

by Fred Pennic 11/07/2024 Leave a Comment

General Catalyst’s HATCo Acquires Summa Health for $485M, Eliminates $850M in Debt

What You Should Know:  - Health Assurance Transformation LLC (HATCo), a General Catalyst company has reached an agreement to acquire Summa Health, an Ohio-based health system for $485M.  - The $485M acquisition combined with Summa Health's current cash reserves, will enable the health system to eliminate $850 million in existing debt. Furthermore, the remaining funds will establish a new community foundation dedicated to improving community health in the Greater Akron
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Health Catalyst Acquires Intraprise Health, Enhancing Cybersecurity Capabilities

by Fred Pennic 11/06/2024 Leave a Comment

Health Catalyst Acquires Intraprise Health, Enhancing Cybersecurity Capabilities

What You Should Know:  - Health Catalyst, a provider of data and analytics technology and services to healthcare organizations, has announced the acquisition of Intraprise Health, a leading healthcare cybersecurity provider.  - Health Catalyst funded the acquisition with a mix of cash and stock. The acquisition is expected to close in the fourth quarter of 2024.  Enhancing Cybersecurity in Healthcare Intraprise Health is a leading healthcare cybersecurity company with
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

by Fred Pennic 10/29/2024 Leave a Comment

Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

What You Should Know:  - Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.  - The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans. Combining Cutting-Edge Technologies Nortis's Kidney-on-Chip models have been
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WellSky Acquires Bonafide to Enhance DME/HME Solutions

by Fred Pennic 10/25/2024 Leave a Comment

WellSky Acquires Bonafide to Enhance DME/HME Solutions

What You Should Know:  - WellSky, a provider of health and community care technology solutions, has acquired Bonafide, a prominent enterprise software solution for durable medical equipment (DME) and home medical equipment (HME) companies.  - By integrating Bonafide's technology and expertise, WellSky is providing DME/HME providers with the tools they need to succeed in a rapidly evolving healthcare landscape. Meeting the Demand for Patient-Centered Home Care The DME/HME
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Gradient Health Acquires DataAppraisal to Expand Medical AI

by Fred Pennic 10/25/2024 Leave a Comment

Gradient Health Acquires DataAppraisal to Expand Medical AI

What You Should Know:  - Gradient Health, a leading provider of medical imaging data for AI development, has acquired DataAppraisal, a healthcare AI company specializing in unlocking the value of anonymized data from health systems worldwide.  - The strategic acquisition will significantly expand Gradient Health's ability to provide medical AI developers with access to a vast and diverse collection of de-identified medical imaging studies, including datasets from underserved
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Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals

by Fred Pennic 10/24/2024 Leave a Comment

Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals

What You Should Know:  - Cognosos, a provider of real-time location services (RTLS) for healthcare, has acquired Cox Prosight, an award-winning RTLS platform specifically designed for hospitals.  - This strategic acquisition combines Cognosos' AI-powered location technology with Cox Prosight's robust platform, creating a cutting-edge solution to address the operational challenges faced by hospitals today. Addressing Critical Needs for Hospitals This acquisition comes at a
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HLTH: CopilotIQ & Biofourmis Merge to Create AI-Driven Platform for In-Home Care

by Fred Pennic 10/21/2024 Leave a Comment

CopilotIQ and Biofourmis Merge to Create First End-to-End AI-Driven Platform for In-Home Care

What You Should Know:  - CopilotIQ, a health tech company focused on improving the lives of older adults with chronic conditions, and Biofourmis, a global leader in technology-enabled home care solutions, have announced a strategic merger.  - The combined company creates an AI-driven platform to deliver comprehensive in-home care across the entire care continuum, from pre-surgical optimization to acute, post-acute, and chronic care management. As part of this merger, investors
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HLTH: Medbridge Acquires Rehab Boost, Launching AI-Powered Motion Capture for Enhanced Patient Care

by Fred Pennic 10/21/2024 Leave a Comment

Medbridge Acquires Rehab Boost, Launching AI-Powered Motion Capture for Enhanced Patient Care

What You Should Know:  - Medbridge, a leading provider of healthcare technology solutions, has acquired Rehab Boost, an innovative motion capture and movement-based AI company. Financial details of the acquisition were not disclosed.  - The strategic acquisition will relaunch Rehab Boost as Medbridge Motion Capture, a key component of Medbridge AI. This move reinforces Medbridge's commitment to integrating cutting-edge technology into patient care, improving access to
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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