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

Spring Health Completes Acquisition of Alma to Expand Global Mental Health Network 

by Fred Pennic 05/01/2026 Leave a Comment

Spring Health Completes Acquisition of Alma to Expand Global Mental Health Network

What You Should Know Spring Health has successfully closed its acquisition of Alma, a membership platform for independent clinicians.The combined organization now supports more than 170 million lives globally across employers and health plans.The merger aims to solve care fragmentation by ensuring patients can keep their providers even when they change jobs, age off plans, or change coverage.Spring Health CEO April Koh and President Dr. Adam Chekroud will lead the combined organization, while
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Medisolv Acquires Health Elements AI to Automate Data Abstraction and Expand Clinical Registry Support

by Jasmine Pennic 05/01/2026 Leave a Comment

Medisolv Acquires Health Elements AI to Automate Data Abstraction and Expand Clinical Registry Support

What You Should Know Medisolv, Inc. has acquired Health Elements AI, a specialist in AI-first software that automates the capture and structuring of clinical data from medical records. Financial details of the acquisition were not disclosed. The acquisition aims to reduce the significant administrative burden of manual chart review, which currently impacts more than 4,000 abstracters supported by Medisolv.Health Elements AI reports a 96 percent accuracy rate, leveraging AI and human oversight
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Parexel Acquires Vitrana to Integrate AI-Enabled Pharmacovigilance Platform

by Fred Pennic 05/01/2026 Leave a Comment

Parexel Acquires Vitrana to Integrate AI-Enabled Pharmacovigilance Platform

What You Should Know Parexel has acquired Vitrana, a provider of an AI-enabled, end-to-end pharmacovigilance (PV) technology platform.The acquisition allows Parexel to provide a fully integrated model where a single partner is responsible for both PV technology and services.The acquired platform is system-agnostic, integrating with any existing safety database to improve accuracy and cycle times.Key operational benefits include improved EDC-to-safety integration, streamlined Serious Adverse
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CareDx to Acquire Naveris for $160M to Expand into HPV-Driven Cancer MRD Monitoring

by Fred Pennic 04/29/2026 Leave a Comment

CareDx to Acquire Naveris for $160M to Expand into HPV-Driven Cancer MRD Monitoring

What You Should Know CareDx has entered into a definitive agreement to acquire Naveris, a precision oncology company specializing in blood-based monitoring for viral-mediated cancers.The deal includes $160M in up-front cash, with potential for an additional $100M based on future revenue milestones.Naveris’ flagship platform utilizes Tumor Tissue Modified Viral (TTMV®) DNA to detect and monitor HPV-driven cancers with high accuracy.The acquisition is expected to close in the third quarter of
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Covera Health and Medmo Combine to Launch Nationwide AI Diagnostic Imaging and Care Coordination Platform

by Fred Pennic 04/27/2026 Leave a Comment

What You Should Know Covera Health and Medmo have officially merged into a single organization, creating a unified platform that manages diagnostic imaging for nearly 6 million Americans. The combined entity is backed by additional capital from Insight Partners and serves major clients, including Walmart, Blue Cross Blue Shield of Michigan, and three of the five largest national health plans. Covera’s AI-driven platform focus on diagnostic accuracy has produced up to 12 percent lower downstream healthcare costs by routing patients to high-performing Centers of Excellence. Medmo’s care coordination technology has facilitated over 1 million patient journeys, delivering a 35 percent reduction in radiology spend and 30 percent higher study completion rates. The new infrastructure "closes the loop" in radiology, managing the entire lifecycle from the initial referral and scheduling to the delivery of clinically significant findings. In the modern healthcare journey, radiology is often the point where critical clinical decisions are made—and where care frequently goes off the rails. A study that is never completed, performed at a sub-par facility, or interpreted with insufficient precision can contaminate every subsequent treatment decision. Covera Health and Medmo have announced their combination to solve this foundational crisis, merging Covera’s expertise in diagnostic quality with Medmo’s high-touch care coordination infrastructure. Historically, health plans and employers have struggled with the "invisible variation" in imaging quality. The same MRI, ordered for the same clinical reason, can yield vastly different results depending on the facility and the radiologist. By joining forces, Covera and Medmo are creating the first platform that ensures a patient not only reaches the right imaging center but that the resulting report is accurate and actionable for the entire care team. Solving the "Visibility Gap" from Referral to Results One of the most persistent hurdles in diagnostic imaging is that providers often lose visibility the moment a patient walks out of the office with a paper order. Medmo was built specifically to close this gap by managing the patient journey through scheduling, prior authorization, and engagement. Operating in all 50 states, the Medmo platform has already demonstrated a 30 percent increase in study completion rates, ensuring that the "missing foundation" of a diagnosis is actually captured. By integrating Medmo’s coordination engine with Covera’s AI-powered quality oversight, the combined organization now brings clinical intelligence to every step of the imaging process. Covera’s platform measures accuracy across more than 1,100 sites, routing members to "Centers of Excellence" that have been actuarially validated to improve outcomes. This ensure that when a study is finally performed, it serves as a reliable basis for authorized procedures and interventions. A New Infrastructure for Value-Based Care For the thousands of value-based primary care physicians now connected to the combined platform, this merger provides a strategic "system of action." The infrastructure doesn't just record data; it surfaces clinically significant findings and routes them back to the referring physician in real-time. This level of integration is essential for managing downstream utilization and preventing the unnecessary procedures that often stem from flawed initial reports. Jeff Horing, Co-Founder and Managing Director at Insight Partners, noted that diagnostic quality is the "missing foundation" of the value-based care movement. The additional capital provided by Insight Partners is intended to accelerate the expansion of this new model, moving it from an incremental improvement to a foundational piece of national healthcare infrastructure. As the organization scales, it aims to continue driving down radiology spend while simultaneously increasing the precision of the U.S. healthcare system. Why This Matters For healthcare executives, this represents a move toward "Integrated Diagnostic Management." As employers and payers face mounting pressure to control costs, the 12 percent reduction in downstream expenses offered by Covera’s platform becomes a powerful lever. This combined entity isn't just a new vendor; it’s a quality-control layer for the most critical diagnostic tool in the medical arsenal.

What You Should Know Covera Health and Medmo have officially merged into a single organization, creating a unified platform that manages diagnostic imaging for nearly 6 million Americans.The combined entity is backed by additional capital from Insight Partners and serves major clients, including Walmart, Blue Cross Blue Shield of Michigan, and three of the five largest national health plans.Covera’s AI-driven platform focus on diagnostic accuracy has produced up to 12 percent lower downstream
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IKS Health Acquires TruBridge for Rural EHR and RCM Solutions Expansion

by Fred Pennic 04/23/2026 Leave a Comment

IKS Health Acquires TruBridge for Rural EHR and RCM Solutions Expansion

What You Should Know IKS Health will acquire TruBridge for $26.25 per share (up to $565M) in an all-cash transaction, with the deal expected to close in the third calendar quarter of 2026.The combined organization will support over 2,000 healthcare organizations and more than 150,000 clinicians across the ambulatory and acute care continuum.The acquisition integrates TruBridge’s Electronic Health Record (EHR) and Revenue Cycle Management (RCM) solutions with IKS Health’s agentic AI care
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Kipu Health Acquires Team Recovery Technologies to Unify the Entire Behavioral Health Patient Journey

by Jasmine Pennic 04/23/2026 Leave a Comment

Kipu Health Acquires Team Recovery Technologies to Unify the Entire Behavioral Health Patient Journey

What You Should Know Kipu Health has officially acquired Team Recovery Technologies, a specialist in mobile-app-based patient engagement and alumni connectivity. Financial details of the acquisition were not disclosed. The acquisition extends Kipu’s platform beyond clinical treatment and billing into referral growth and long-term recovery support.Team Recovery Technologies currently serves over 150 treatment centers across the U.S., focusing on reducing relapse rates and supporting
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ModMed Acquires Bonsai Health to Accelerate Agentic AI in Specialty Medicine

by Fred Pennic 04/20/2026 Leave a Comment

ModMed Acquires AI Patient Engagement Platform Bonsai Health to Build the 'AI-Powered Practice'

What You Should Know The Acquisition: Specialty-specific EHR and software provider ModMed (backed by Clearlake Capital) has acquired Bonsai Health, a high-growth "agentic AI" patient engagement platform. Financial details of the acquisition were not disclosed. The Core Technology: Unlike passive chatbots, Bonsai utilizes an "agentic AI" engine. It actively works behind the scenes to identify clinical care gaps in a patient's history, matches them with open slots in a provider's schedule, and
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M&A: D2 Solutions Acquires ProModRx to Streamline Patient Journeys

by Fred Pennic 04/16/2026 Leave a Comment

M&A: D2 Solutions Acquires ProModRx to Streamline Patient Journeys

What You Should Know The Acquisition: D2 Solutions, a healthcare consulting and technology company focused on market access, has officially acquired ProModRx, a cloud-based technology platform designed to accelerate patient access to prescription medications. Financial details of the acquisition were not disclosed. The Core Problem: The prescription fulfillment pipeline is fundamentally broken. According to D2's internal research, 21% of adults delayed starting a prescribed medication because
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M&A: LivTech Acquires Alora Healthcare Systems to Expand Post-Acute Care Platform

by Fred Pennic 04/09/2026 Leave a Comment

LivTech Acquires Alora Healthcare Systems to Expand Post-Acute Care Platform

What You Should Know The Acquisition: LivTech, a comprehensive healthcare tech provider for long-term post-acute care (LTPAC), has acquired Alora Healthcare Systems, a premier developer of cloud-based, AI-enhanced home health software. Financial details of the acquisition were not disclosed. The Financial Backer: The acquisition is backed by PSG, a leading growth equity firm that partners with middle-market software companies, signaling strong private equity interest in the care-at-home
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