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

QuickMD Acquires Project Recovery, Expanding Access to Telehealth Addiction Treatment in South Dakota

by Jasmine Pennic 04/01/2024 Leave a Comment

QuickMD Acquires Project Recovery, Expanding Access to Telehealth Addiction Treatment in South Dakota

What You Should Know: - QuickMD, a leader in telehealth addiction treatment, has announced the acquisition of Project Recovery, a well-respected addiction treatment clinic in South Dakota. This strategic move strengthens QuickMD's commitment to making high-quality addiction treatment accessible and compassionate for individuals battling substance use disorders. - The acquisition allows QuickMD to offer a seamless continuum of care, from telehealth consultations to in-person appointments
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Sagility Acquires BirchAI: Boosting Healthcare Engagement with Generative AI

by Fred Pennic 03/26/2024 Leave a Comment

Sagility Acquires BirchAI: Boosting Healthcare Engagement with Generative AI

What You Should Know: - Sagility, a healthcare services provider acquires BirchAI, a Seattle-based company specializing in cloud-based, AI-powered customer support solutions. This strategic move strengthens Sagility's commitment to leveraging technology for a more efficient and impactful healthcare experience. - The acquisition broadens Sagility’s analytics and automation-backed healthcare engagement services that it provides to large national payers, Blues plans, regional payers, health
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Strengthening Cybersecurity Preparedness for Small Organizations: Lessons from the Change Healthcare Ransomware Attack

by Usman Choudhary, general manager, VIPRE Security Group 03/26/2024 Leave a Comment

Strengthening Cybersecurity Preparedness for Small Organizations: Lessons from the Change Healthcare Ransomware Attack

Here we go again. The US health system is in a desperate cybersecurity state of affairs. Another healthcare cyberattack has made the news and it’s a big one. UnitedHealth Group’s technology unit, Change Healthcare, is currently facing an ongoing ransomware attack which has reverberated through healthcare systems and affected prescription deliveries. This should raise red flags for all healthcare organizations regardless of their size, but particularly for smaller organizations with
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Syllable Acquires Healthcare CRM Intelligence Platform Actium Health

by Syed Hamza Sohail 03/22/2024 Leave a Comment

What You Should Know: Syllable, a leader in healthcare artificial intelligence and process automation, today announced its purchase of Actium Health. Financial details were not disclosed.As the industry evolves, health systems are faced with multiple challenges: Revenue growth with limited capacity, managing and retaining a highly-skilled, but burnt-out workforce, increasing operational costs, and making the most of their care delivery capacity to ensure patient access to high-quality
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AstraZeneca Acquires Fusion Pharmaceuticals for $2B to Bolster Radioconjugate Pipeline

by Syed Hamza Sohail 03/21/2024 Leave a Comment

AstraZeneca Acquires Fusion Pharmaceuticals for $2B to Bolster Radioconjugate Pipeline

What You Should Know: AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs).The acquisition marks a major step forward in AstraZeneca delivering on its ambition to transform cancer treatment and outcomes for patients by replacing traditional regimens like chemotherapy and radiotherapy with more targeted treatments. AstraZeneca's Acquisition of Fusion:
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Anatomy IT Acquires Manta HealthTech, Expands into Healthcare Sub-Verticals

by Healthcare M&A Activity 03/13/2024 Leave a Comment

Anatomy IT Acquires Manta HealthTech, Expands into Healthcare Sub-Verticals

What You Should Know: - Anatomy IT, a leading provider of healthcare IT and cybersecurity solutions, announced today the acquisition of Manta HealthTech, a healthcare-focused managed IT services firm. - The acquisition positions Anatomy IT as a leading force in healthcare IT solutions, offering comprehensive support across diverse healthcare settings. Financial details of the acquisition were not disclosed. Expanding Expertise and Geographic Reach Headquartered in the Minneapolis-St.
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Mahana Acquires Cara Care to Expand into the European Market

by Fred Pennic 03/13/2024 Leave a Comment

Mahana Acquires Cara Care to Expand into Europe Market

What You Should Know: - Mahana Therapeutics, a provider of digital chronic condition management programs acquires Cara Care, a Berlin-based company specializing in digital digestive healthcare. - The acquisition of Cara Care is expected to accelerate Mahana’s market entry in Europe where the reimbursement of digital programs is outpacing the United States. Financial terms of the acquisition were not disclosed.  Expanding Digestive Health Portfolio and Global Reach: The
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Frazier Healthcare Acquires RevSpring to Bolster Payment Solutions in Healthcare

by Jasmine Pennic 03/12/2024 Leave a Comment

Frazier Healthcare Acquires RevSpring to Bolster Payment Solutions in Healthcare

What You Should Know: - Frazier Healthcare Partners, a leading healthcare investment firm, announced today the successful acquisition of RevSpring. - RevSpring, a provider of end-to-end communication and payment solutions for healthcare and financial services companies, will join Frazier's portfolio. Frazier's Investment Fuels RevSpring's Future The acquisition brings together RevSpring's established presence in the communication and payment solutions market with Frazier's deep
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Innovaccer Acquires Pharmacy Quality Solutions to Bolster Value-Based Care Initiatives

by Jasmine Pennic 03/12/2024 Leave a Comment

Innovaccer Acquires Pharmacy Quality Solutions to Bolster Value-Based Care Initiatives

What You Should Know: - Innovaccer, a healthcare IT company, announced today the acquisition of Pharmacy Quality Solutions (PQS), a leader in Pharmacy-Payer performance technology. - By leveraging PQS's strengths, Innovaccer is poised to play a leading role in shaping the future of value-based care and medication management within the healthcare landscape. Enhancing Value-Based Care The acquisition positions Innovaccer to play a more significant role in the transformation of
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R1 RCM Forms Special Committee to Evaluate $5.8B PE Firm Buy-Out Offer

by Fred Pennic 03/12/2024 Leave a Comment

R1 RCM, Intermountain Opens Technology and Innovation Center

What You Should Know: - R1 RCM Inc. (NASDAQ: RCM), a provider of healthcare revenue cycle management solutions, announced the formation of a special committee comprised solely of independent directors. - The new committee will evaluate strategic options for the company in response to a recent $5.8B buy-out offer from private equity firm New Mountain Capital. Responding to New Mountain Capital On February 26, 2024, New Mountain Capital filed a Schedule 13D/A with the Securities and
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