What You Should Know:
- CentralReach, a leading provider of Autism and Intellectual and Developmental Disabilities (IDD) software, announced the acquisition of SILAS, a company specializing in social and emotional learning (SEL) and behavior solutions for PreK-12 education.
- By combining SILAS's expertise in SEL and behavior with CentralReach's existing strengths in Autism and IDD support, the company is well-positioned to empower schools and educators in nurturing well-rounded and
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Virgin Pulse & HealthComp Rebrands as Personify Health
What You Should Know:
- Virgin Pulse and HealthComp, following their November 2023 merger, have officially unveiled their new brand: Personify Health.
- Personify Health leverages the combined expertise of Virgin Pulse and HealthComp, drawing upon decades of experience and global operations.
- New Mountain Capital holds a majority stake in Personify Health, with additional support from Blackstone, Marlin Equity Partners, and Morgan Health.
Beyond Siloed Systems: A Holistic Approach
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Chartis Acquires HealthScape Advisors to Strengthen Payer Expertise
What You Should Know:
- Chartis, a healthcare advisory firm, announced today the acquisition of HealthScape Advisors, a prominent healthcare payer consulting firm from Convey Health Solutions (Convey), a healthcare technology and services company. The divestiture allows Convey to singularly focus on its plan administration, supplemental benefits, and Pareto Intelligence offerings, accelerating its strategy and strengthening its market position as a leading technology partner to health
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Inovalon Acquires VigiLanz, Expanding Reach in Clinical Surveillance and Patient Safety
What You Should Know:
- Inovalon, a provider of cloud-based healthcare data analytics solutions, announced today the acquisition of VigiLanz, a prominent provider of SaaS-based clinical surveillance and patient safety software.
- This acquisition signifies Inovalon's commitment to driving innovation and empowering healthcare stakeholders with data-driven solutions. By integrating VigiLanz's expertise, Inovalon aims to enhance patient safety, optimize healthcare costs, and ultimately
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Fabric Acquires Conversational AI Care Assistant GYANT
What You Should Know:
- Fabric, a leader in healthcare experience optimization, has announced the strategic acquisition of GYANT, a company specializing in conversational AI care assistants and patient engagement suites.
- The acquisition of GYANT positions Fabric as a leading force in the digital transformation of healthcare. Their comprehensive suite of solutions is already attracting progressive healthcare providers and innovators, like OSF Healthcare, who are looking to reimagine care
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Invitae Sells Reproductive Health Assets to Natera for Up to $52.5M
What You Should Know:
- Invitae (NYSE: NVTA), a medical genetics company, announced the completion of its sale of certain reproductive health assets, including carrier screening and non-invasive prenatal screening (NIPS), to Natera (NASDAQ: NTRA).
- The transaction is valued at up to $52.5M, comprised of cash, milestone payments, and litigation credits.
Streamlining Focus on Oncology and Rare Disease
This strategic move streamlines Invitae's operations and allows them to focus their
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Hospital and Health System M&A in 2023: Financial Distress Drive Market Reorganization and Partnerships
What You Should Know:
Hospital and health system mergers and acquisitions activity in 2023 was driven by increased pressure on operations and finances, according to Kaufman Hall's latest analysis of healthcare transactions. The report reveals momentum around mergers and acquisitions continued throughout 2023 with 65 announced transactions, up from 53 in 2022. Financial distress was cited as a factor or was otherwise evident in 28% of announced transactions last year,
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PointClickCare Acquires American HealthTech, Expands Senior Care Reach
What You Should Know:
- PointClickCare, a healthcare technology platform for senior care, has announced the acquisition of American HealthTech (AHT), a prominent provider of electronic health records (EHR) and related services for the post-acute care market. Financial details of the acquisition were not disclosed.
- The strategic move strengthens PointClickCare's position as a comprehensive care continuum solution and marks a significant step forward in their vision of transforming the
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M&A: General Catalyst’s HATCo to Acquire Summa Health
What You Should Know:
- Akron-based Summa Health and General Catalyst's Health Assurance Transformation Corporation (HATCo) have announced a planned acquisition that promises to reshape healthcare delivery in the region.
- This strategic acquisition marks the beginning of a long-term journey to create a more proactive, affordable, and equitable healthcare system for the Greater Akron community.
A Vision for a Healthier Future
Summa Health, a large, integrated healthcare system, and
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98point6 Acquires Bright.md Assets, Unveils Asynchronous Module
What You Should Know:
- 98point6 Technologies unveils two major developments: introducing an asynchronous care module to its flagship platform and acquiring the remaining assets of Bright.md, following the sale of its technology to Evernorth.
- These strategic steps underscore 98point6's commitment to empowering both healthcare providers and patients in the evolving virtual healthcare landscape. This strategic move strengthens 98point6's asynchronous care capabilities and expands its
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