Allscripts has reached a definitive agreement to acquire cloud-based EHR platform Practice Fusion for $100 million in cash, subject to adjustment for working capital and net debt. Founded in 2005, Practice Fusion offers an affordable certified cloud-based EHR for traditionally hard-to-reach small, independent physician practices, supporting 30,000 ambulatory practices and 5 million patient visits a month.The strategic acquisition of Practice Fusion will complement and round out Allscripts
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
InTouch Health Acquires TruClinic to Enter Direct-to-Consumer Telehealth Market
InTouch Health, the leading enterprise telehealth platform has acquired TruClinic, a web-based telemedicine provider based in Salt Lake City, Utah, specializing in direct-to-consumer virtual care solutions. Through the acquisition, InTouchHealth expands its existing portfolio to deliver a full range of virtual care programs to healthcare providers, enabling continuity of care between physicians and patients. Financial terms of the acquisition were not disclosed.The combined solution
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Healthcare M&A Analysis: Why Did Philips Acquire PHM Vendor VitalHealth?
Editor's Note: Alex Green is the Director and Principal Analyst at Signify Research, a UK-based market research firm focusing on health IT, digital health, and medical imaging. Alex is responsible for leading Signify Research’s Digital Health market intelligence portfolio, initially developing its coverage of the patient engagement platforms and portals marketPhilips announced on December 8th that it had acquired Dutch population health management (PHM) and eHealth platform provider VitalHealth
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UnitedHealth Group Makes $2.8B Bid to Acquire South American Provider to Expand Operations
Minnetonka-based health insurer UnitedHealth Group has launched a tender offer as an initial step towards acquiring Empresas Banmédica, a leading healthcare provider and insurer serving Chile, Colombia and Per for nearly six million people across more than 40 hospitals. The $2.8B bid would expand UnitedHealth Group's operations in South America, where the largest health insurer in the United States already is a large healthcare provider and insurer in Brazil. The announcement comes on the heels
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Cigna Acquires Brighter to Expand Digital Health Engagement of Consumers
Health insurer giant Cigna has announced the acquisition of Brighter Inc., a SaaS-based digital health plan platform and engagement service provider to leading health services organizations. The acquisition of Brigther's digital health plan platform will build upon the already successful relationship between Cigna and Brighter by accelerating the development of Cigna’s mobile and desktop platforms and creating new end-to-end experiences that connect health consumers and providers with the
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Clinicient Acquires Mobile Patient Engagement Startup Keet Health
Clinicient, Inc., a provider of business solutions for outpatient rehabilitation has acquired Keet Health, an Austin, TX-based mobile patient engagement platform. The acquisition will expand Clinicient’s solutions with Keet’s mobile patient engagement platform to enable providers to deliver exceptional patient experiences, improve outcomes and reduce costs.Founded in 2015, Keet Health keeps patients engaged with digital care plans, patient education, secure messaging, and care coordination.
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ALKU Acquires Health IT Consulting Firm Holland Square Group
Specialized staffing firm ALKU has acquired Holland Square Group, a Nashville, TN-based provider of health IT consulting and staffing solutions to providers, payers, and suppliers of healthcare technology and services. The acquisiton will help expand and diversify ALKU’s specialized service offerings to the health IT market, as well as establish a market share in the health IT consulting market.“We immediately recognized the unique opportunity that combining with Holland Square Group represents
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QGenda Acquires ED Physician Scheduling Vendor Tangier
QGenda, a cloud-based automated physician scheduling software has acquired Tangier, a provider of of emergency medicine, hospital medicine, and urgent care scheduling software. With the acquisition of Tangier, QGenda extends its leadership position and adds two decades of experience in emergency medicine, hospital medicine, and urgent care scheduling.Since its inception, Tangier has grown to serve more than 400 customers and 50,000 providers in emergency medicine, hospital medicine, urgent care
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SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health
SymphonyCare, a population health and patient engagement solutions company has acquired the Empower patient portal business unit from Birmingham, AL-based Influence Health. The acquisition was led by SymphonyAlpha Ventures, the venture capital arm of Symphony Corporation, a leader in digital healthcare innovation and technology solutions. Financial details of the acquisition were not disclosed.The Empower patient engagement product alone currently reaches more than a half a million patients
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Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings
Philips has acquired VitalHealth, a Netherlands-based provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Building on the acquisition of Wellcentive in 2016, the acquisition complements Philips population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions. Financial details of the acquisition were not
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