Private equity firm Veritas Capital has agreed to acquire Harris Corporation’s government IT services business for $690 million in cash. The transaction is subject to regulatory review and other customary closing conditions and is expected to close in the second quarter of 2017.Headquartered in Herndon, Virginia, Harris’ government health IT business helps healthcare organizations achieve better patient outcomes by increasing interoperability, making clinical and administrative workflow more
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Concept Plus Acquires Federal Health IT Management Services Firm Thao, Inc.
Concept Plus, LLC (Concept Plus), a professional services firm specializing in the comprehensive design, implementation, and maintenance of IT initiatives for the Federal Government has acquired health IT management firm Thao, Inc. (THAOINC). THAOINC provides health IT services and program management support exclusively to federal healthcare customers through its highly skilled staff. Financial details of the acquisition were not disclosed. Founded in 2010 by Thao Sofo, THAOINC offers
Read More
McKesson to Acquire Prior Authorization Network CoverMyMeds for $1.1B: 5 Things to Know
On late Wednesday, McKesson has agreed to acquired Columbus, OH-based CoverMyMeds, the nation’s largest prior authorization (PA) network for $1.1 billion. Founded in 2008, CoverMyMeds’ electronic prior authorization (ePA) service automates and accelerates the prescription approval process, which otherwise is manual and time consuming. By ensuring appropriate access to medications, CoverMyMeds helps customers avoid administrative waste and unnecessary medical spending caused by prescription
Read More
Aprima Medical Acquires EHR Reseller Healthcare Data Solutions
Aprima Medical Software, a provider of EHR, practice management (PM) and revenue cycle management (RCM) solutions for medical practices has acquired former reseller Healthcare Data Solutions (HDS) of Coral Cables, FL. As part of the agreement, Aprima will assume full support for HDS’s customers, which include approximately 300 providers in 125 medical practices across 15 states. Financial terms were not disclosed.HDS works with physician groups across the country to identify IT solutions that
Read More
Castlight Health Acquires Enterprise Health Benefits Platform Jiff
Health benefits platform provider Castlight Health has acquired employee digital health platform Jiff to form a single company offer the most comprehensive health benefits platform in the industry. The combined company will expand product offering and distribution channels that will accelerate growth on a larger revenue base serving more than 240 customers, including over 70 of the Fortune 500. This marks the first digital health acquisition of 2017.Based in Mountain View, CA, Jiff serves as a
Read More
TPG Capital to Acquire Mediware Information Systems for Undisclosed Sum
TPG Capital, the global private equity fund of leading alternative asset firm TPG has entered an agreement to acquire Mediware Information Systems, Inc. from private equity firm Thoma Bravo. Financial terms of the acquisition were not disclosed. The acquisition is expected to close during the first quarter of 2017, subject to customary closing conditions.For more than 30 years, Mediware has been a leading supplier of healthcare and human service software for the nation’s largest blood banks,
Read More
GreatCall Acquires Healthsense to Expand Senior Care Market Footprint
Connected health for active aging provider GreatCall Inc. has acquired Healthsense, a provider of of passive remote monitoring services for the senior care, managed care and home care. Healthsense remote monitoring service is based on industry-leading passive technology that track activities of daily living (ADLs).For GreatCall the acquisition will expand its portfolio of connected health services for senior living and healthcare. . GreatCall's products and services include: Lively, Jitterbug
Read More
Allscripts Acquires Core Medical Solutions to Extend EHR Footprint in Australia
Allscripts has acquired Core Medical Solutions, an Australian-based healthcare IT software provider, to expand its EHR offerings to support proactive care management for clinicians and consumers of care in Victoria and Western Australia. Allscripts currently supports more than 85 hospitals throughout Australia. Under terms of the acquisition, Core Medical Solutions will continue to be based in Adelaide, South Australia, and will operate as an Allscripts subsidiary. Financial terms of the
Read More
Harris Computer Corporation Acquires iMDsoft: 5 Things to Know
Harris Computer Corporation, an arm of the Constellation Software group has acquired iMDsoft, a clinical information system provider for critical, perioperative, and acute care environments. Here are five things to know about the acquisition:1. MDsoft will be run as an independent business unit within Harris led by Shahar Sery, a seasoned iMDsoft executive, who has been appointed Executive Vice President.2. Financial terms of the acquisition were not disclosed. 3. Harris will integrate iMDsoft's
Read More
DSS Acquires Streamline Health’s Patient Engagement Solutions for $2M
Document Storage Systems, Inc. (DSS), a provider of software development and support for VistA and vxVistA has acquired Streamline Health's Looking Glass® Patient Engagement suite of solutions including its current customer base and personnel. Streamline Health's Looking Glass® Patient Engagement suite consists primarily of Patient Scheduling and Surgery Management software.This suite of products is based upon the legacy ForSite2020 solution, which Streamline Health acquired in connection with
Read More