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

Virtual Therapeutics Acquires Akili: Stock to Go Private After Merger

by Fred Pennic 05/30/2024 Leave a Comment

Virtual Therapeutics Acquires Akili: Gaming Meets Digital Therapeutics for Mental Health

What You Should Know:  - Virtual Therapeutics, a leader in using engaging games for mental health treatment, announced today it will acquire Akili, Inc. (Nasdaq: AKLI), a prominent digital therapeutics company. This merger creates a diversified powerhouse in the digital health industry. - Once the acquisition is complete, Akili's common stock will be delisted from all public stock exchanges. The combined entity's focus on mental health and broader digital therapeutics solutions
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HouseWorks Acquires AccordCare’s Connecticut Personal Care Division

by Fred Pennic 05/29/2024 Leave a Comment

HouseWorks Holdings, LLC, a leading personal care services provider in the Northeast, today announced the acquisition of the Connecticut Personal Care Division of AccordCare.

What You Should Know:  - HouseWorks Holdings, LLC, a leading personal care services provider in the Northeast, today announced the acquisition of the Connecticut Personal Care Division of AccordCare.  - The acquisition marks HouseWorks' entry into the Connecticut market, significantly expanding their geographic reach and service offerings. Expanding Services and Entering New Territory The Connecticut Personal Care Division, encompassing Companions and Homemakers, LLC and
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Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease

by Fred Pennic 05/22/2024 Leave a Comment

Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease

What You Should Know:  - Click Therapeutics, a leader in prescription digital therapeutics (DTx), announced today the acquisition of key assets from Better Therapeutics.  - Click's expansion into cardiometabolic disease follows successful DTx development efforts in other areas, including migraine prevention, depression, schizophrenia, and opioid use disorder.   Strengthening the DTx Pipeline The acquisition includes several key assets from Better
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WearLinq Acquires AMI Cardiac Monitoring, Raises $6.7M for FDA-Cleared 6-Lead ECG Device

by Fred Pennic 05/21/2024 Leave a Comment

WearLinq Acquires AMI Cardiac Monitoring, Raises $6.7M for FDA 510(k) Cleared 6-Lead ECG Device

What You Should Know:  - WearLinq, a leader in wearable health monitoring, announced a strategic acquisition of AMI Cardiac Monitoring, LLC, a seasoned player in ambulatory cardiac monitoring.  - The acquisition, coupled with a recent $6.7M funding round, positions WearLinq to significantly expand access to their innovative eWave 6-lead ECG monitor and revolutionize the fight against atrial fibrillation (AFib), which recently received FDA 510(k) clearance.  Tackling the
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M&A: Avel eCare acquires Horizon Virtual

by Jasmine Pennic 05/02/2024 Leave a Comment

Avel eCare acquires Horizon Virtual

What You Should Know: - Avel eCare, the nation's leading provider of clinician-to-clinician telemedicine services, continues its aggressive growth strategy with the acquisition of Horizon Virtual, a Minnesota-based virtual hospitalist services provider.  - This acquisition builds upon Avel's previous expansion, including the January 2023 acquisition of remote pharmacy services provider NightWatch. Today, Avel serves hundreds of customers across the country with a comprehensive suite
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Quest Diagnostics to Acquire PathAI Diagnostics to Accelerate AI and Digital Pathology Adoption in Cancer Diagnosis

by Fred Pennic 05/01/2024 Leave a Comment

Quest Diagnostics to Acquire PathAI Diagnostics to Accelerate AI and Digital Pathology Adoption in Cancer Diagnosis

What You Should Know:  - Quest Diagnostics today announced it will acquire key assets of PathAI Diagnostics, including its state-of-the-art digital pathology laboratory in Memphis, Tennessee.  - As part of the acquisition, this facility will become Quest's AI and digital R&D center, supporting its pathology businesses, AmeriPath, and Dermpath Diagnostics. Digital Pathology and AI Integration Quest will license PathAI's AISight™ digital pathology system and AI
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M&A: Aledade Acquires Michigan’s Medical Advantage

by Jasmine Pennic 05/01/2024 Leave a Comment

M&A: Aledade Acquires Michigan's Medical Advantage

What You Should Know:  - Aledade, the nation's leading network of independent primary care practices, announced today the acquisition of Michigan-based Medical Advantage.  - This strategic acquisition further solidifies Aledade's position as the preeminent Accountable Care Organization (ACO) network and a driving force in value-based care. Expanding Physician Partnerships in Michigan The acquisition significantly expands Aledade's network in Michigan, bringing the number of
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Deloitte Acquires Gryphon Scientific to Enhance Public Health Capabilities

by Fred Pennic 04/29/2024 Leave a Comment

Deloitte Acquires Gryphon Scientific to Enhance Public Health Capabilities

What You Should Know:  - Deloitte announced today the acquisition of substantially all assets belonging to Gryphon Scientific, LLC (Gryphon). Gryphon is a leader in biosafety, biosecurity, and all-hazards preparedness and response.  - The combined expertise of Gryphon and Deloitte will fuel the development of practical AI applications in healthcare. Together, they will champion multi-sector collaboration and risk management strategies to create trustworthy AI solutions through
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ShiftMed Acquires CareerStaff Unlimited to Expand On-Demand Nursing Platform

by Fred Pennic 04/22/2024 Leave a Comment

ShiftMed Acquires CareerStaff Unlimited to Expand On-Demand Nursing Platform

What You Should Know:  - ShiftMed, a leader in on-demand healthcare workforce technology acquires CareerStaff Unlimited from Genesis HealthCare, a national post-acute care provider.  - The strategic acquisition strengthens ShiftMed's position as the industry's first platform to support health systems across all care settings, from hospitals to post-acute care facilities and even in-home care. CareerStaff Acquisition Impact The acquisition unites ShiftMed's innovative
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ABOUT Healthcare Acquires Edgility: Streamlining Patient Flow with AI-Powered Care Orchestration

by Fred Pennic 04/19/2024 Leave a Comment

ABOUT Healthcare Acquires Edgility: Streamlining Patient Flow with AI-Powered Care Orchestration

What You Should Know:  - ABOUT Healthcare (ABOUT®), a leader in hospital operations solutions, has announced a strategic acquisition of Edgility, an AI and analytics platform company. This move signifies a significant leap forward in patient flow management, promising to optimize hospital operations and expedite patient care. - ABOUT emphasizes that the combined platform offers the only end-to-end care orchestration solution in the market. This empowers healthcare systems to achieve
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