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

Med-Metrix Acquires HRSI to Strengthen Eligibility Management Capabilities

by Fred Pennic 07/16/2024 Leave a Comment

Med-Metrix Acquires HRSI to Strengthen Eligibility Management Capabilities

What You Should Know:  - Med-Metrix, LLC (“Med-Metrix”), a leading provider of technology-enabled Revenue Cycle Management (RCM) solutions acquires Healthcare Receivable Specialists, Inc. (“HRSI”). HRSI is a specialized RCM and patient access company with a strong reputation for its best-in-class Medicaid eligibility services. - The strategic acquisition strengthens Med-Metrix’s position as a comprehensive RCM provider by adding HRSI’s expertise in eligibility management. Financial
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Edward Lifesciences Acquires ARC Spinout Innovalve Bio Medical

by Fred Pennic 07/15/2024 Leave a Comment

Edward Lifesciences Acquires ARC Spinout Innovalve Bio Medical

What You Should Know:  - Sheba Medical Center, Israel's leading medical institution, is celebrating a major success story with the acquisition of Innovalve Bio Medical by Edwards Lifesciences.  - This acquisition marks another successful exit for a company cultivated within ARC Innovation, Sheba's dedicated program for fostering healthcare innovation. Financial details of the acquisition were not disclosed.  Innovalve's Pioneering Mitral Valve Technology Founded in
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PE Firm Acquires Healthcare MSP Provider Medicus IT

by Jasmine Pennic 07/12/2024 Leave a Comment

PE Firm Acquires Healthcare MSP Provider Medicus IT

What You Should Know:  - FFL Partners ("FFL"), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses has acquired a majority stake in Medicus IT, a leading provider of managed IT and cybersecurity services for the healthcare industry. Financial terms of the transaction were not disclosed. - The acquisition positions Medicus IT for continued growth and leadership in the healthcare IT market. The investment will fuel the company's ability
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SAIGroup Acquires Get Well to Power Personalized Care with AI

by Fred Pennic 07/09/2024 Leave a Comment

SAIGroup Acquires Get Well to Power Personalized Care with AI

What You Should Know:  - Enterprise AI investment firm SAIGroup announced today the acquisition of Get Well, a leader in digital patient engagement.  - Get Well currently facilitates over 10 million patient interactions annually across more than 1,000 healthcare organizations. Financial details of the acquisition were not disclosed. Aligning with AI Leaders in Healthcare This acquisition strengthens SAIGroup's presence in the AI-powered healthcare landscape. Get Well joins
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M&A: HHAeXchange Acquires Generations Homecare System

by Fred Pennic 07/08/2024 Leave a Comment

M&A: HHAeXchange Acquires Generations Homecare System

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.  - Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange's position as a frontrunner in the homecare technology space. A Growing Market Demands Innovation The homecare industry
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M&A: Alcon Acquires BELKIN Vision for $81M

by Fred Pennic 07/01/2024 Leave a Comment

M&A: Alcon Acquires BELKIN Vision for $81M

What You Should Know:  - Alcon (SIX/NYSE: ALC), a company in eye care, announced today the completion of its acquisition of BELKIN Vision for a total of $81M. This strategic move strengthens Alcon's position in the glaucoma treatment landscape. - By acquiring BELKIN Vision's DSLT technology, Alcon expands its treatment options for glaucoma patients. This minimally invasive procedure offers a new tool for physicians, with the potential to improve patient care and outcomes. With planned
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Walmart Exits Virtual Health Market with Sale of MeMD to Fabric

by Fred Pennic 06/28/2024 Leave a Comment

Walmart Exits Virtual Health Market with Sale of MeMD to Fabric

What You Should Know:  - Fabric, a healthcare technology company focused on care enablement, announced today the acquisition of MeMD from Walmart Inc. (NYSE: WMT). MeMD is a recognized leader in virtual healthcare, offering behavioral, urgent, and primary care services to millions of individuals. - This strategic acquisition positions Fabric to be a major player in the virtual healthcare landscape. By combining Fabric's care enablement platform with MeMD's established virtual care
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Arcadia Acquires CareJourney to Enable High-Performing Networks

by Fred Pennic 06/27/2024 Leave a Comment

Arcadia Acquires CareJourney to Enable High-Performing Networks

What You Should Know:  - Arcadia has acquired CareJourney®, a leading provider of clinically relevant healthcare data and AI-powered insights.  - The deal strengthens Arcadia's position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health.  - With the acquisition, Arcadia's customer portfolio grows to nearly 200, encompassing providers, payers, government agencies, and life
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eVisit Acquires UPMC’s Inpatient Teleconsult Technology

by Fred Pennic 06/25/2024 Leave a Comment

eVisit Acquires UPMC's Inpatient Teleconsult Technology

What You Should Know:  - eVisit, a provider of virtual care solutions for health systems, announced a significant expansion today through a three-pronged approach: acquisition of UPMC's inpatient teleconsult technology, strategic investments from UPMC Enterprises and MedStar Health, and the addition of key figures to its Clinical Advisory Board. - The strategic expansion solidifies eVisit's leadership in the telehealth landscape, empowering healthcare systems to deliver exceptional
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Boston Scientific Acquires Silk Road Medical for $1.16B, Bolstering Stroke Prevention

by Fred Pennic 06/19/2024 Leave a Comment

Boston Scientific Acquires Silk Road Medical for $1.16B, Bolstering Stroke Prevention

What You Should Know:  - Boston Scientific Corporation (NYSE: BSX) announced a definitive agreement to acquire Silk Road Medical, Inc. (Nasdaq: SILK) for approximately $1.16 billion ($27.50 per share). Silk Road Medical is a leading innovator in minimally invasive stroke prevention technologies for patients with carotid artery disease. - The acquisition strengthens Boston Scientific's position in the vascular medicine field, offering physicians a broader range of solutions for
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