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

M&A: Ventra Health Acquires ArcMed

by Jasmine Pennic 07/18/2023 Leave a Comment

M&A: Ventra Health Acquires ArcMed

What You Should Know:  - Ventra Health, a business solutions provider for hospital-based clinicians, announced today the acquisition of ArcMed, an India-based billing and automation services organization. This acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies, and provide added scale for automation and growth. - Ventra Health's new operating model, predictive analytics platform, and intelligent process automation will enable
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M&A: Capsa Healthcare Acquires MASS Medical Storage

by Jasmine Pennic 07/17/2023 Leave a Comment

Capsa Healthcare Acquires MASS Medical Storage

What You Should Know:  - Capsa Healthcare, a provider of healthcare workflow solutions, announced the acquisition of MASS Medical Storage, a prominent manufacturer of high-quality medical storage and endoscope cabinet drying systems.  - The strategic acquisition strengthens Capsa Healthcare's global position as a premier provider of innovative and efficient workflow solutions for hospitals, clinics, and surgery centers.- With this acquisition, Capsa Healthcare gains access to MASS
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Eli Lilly Acquires Obesity Drug Maker Versanis for $1.9B

by Fred Pennic 07/14/2023 Leave a Comment

Eli Lilly Acquires Obesity Drug Maker Versanis for $1.9B

What You Should Know:  Eli Lilly announced an agreement to acquire Versanis, a private clinical-stage biopharmaceutical company focused on the development of new medicines for the treatment of cardiometabolic diseases for $1.925B in cash. Versanis' lead asset is bimagrumab, a monoclonal antibody that binds activin type II A and B receptors to block activin and myostatin signaling. Bimagrumab is currently being assessed in the BELIEVE Phase 2b study alone and in combination with
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M&A: ResMed Acquires Somnoware to Expand Sleep Management Offerings

by Fred Pennic 07/05/2023 Leave a Comment

M&A: ResMed Acquires Somnoware to Expand Sleep Management Offerings

What You Should Know:  ResMed, the #1 global producer of CPAP machines and masks to treat sleep apnea acquires Somnoware, a U.S. leader in sleep and respiratory care diagnostics software. Financial details of the acquisition were not disclosed. Somnoware software streamlines the processes of physicians and sleep labs for diagnosing and evaluating a patient’s sleep and respiratory care test results, ordering treatment equipment, setting up appointments, tracking therapy compliance,
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Quest Diagnostics Completes Acquisition of Haystack Oncology

by Healthcare M&A 06/23/2023 Leave a Comment

Quest Diagnostics Acquires Haystack Oncology for $300M in Cash

What You Should Know:  Quest Diagnostics announced that it has completed its $450M acquisition of Haystack Oncology.Haystack Oncology has developed a highly sensitive minimal-residual disease (MRD) testing technology, based on circulating tumor DNA (ctDNA), to aid in the early detection of residual or recurring cancer and better inform therapy decisions.Acquired back in April, the acquisition will leverage Quest’s expertise and scale in oncology, genomics and pathology.  Quest
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M&A: Apixio and ClaimLogiq Merge to Minimize Reimbursement Inaccuracies

by Jasmine Pennic 06/15/2023 Leave a Comment

M&A: Apixio and ClaimLogiq Merge to Minimize Reimbursement Inaccuracies

What You Should Know:  Apixio announced it has completed its merger with ClaimLogiq, a healthcare technology business that delivers savings for health plans by reducing claim errors prior to payment. Together, the combined entity will be branded as Apixio.Together, the combination of Apixio and ClaimLogiq’s critical infrastructure, artificial intelligence, and proprietary healthcare data will accelerate the shift toward outcomes-based reimbursement models by reducing costs, minimizing
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M&A: BurstIQ Acquires Olive AI’s Business Intelligence Platform

by Fred Pennic 06/14/2023 Leave a Comment

BurstIQ Acquires Business Intelligence Platform from Olive AI

What You Should Know:  BurstIQ, a provider of data-driven healthcare solutions announced it has acquired Olive AI's business intelligence solution. The acquired solution, now known as LifeGraph Intelligence, further enhances BurstIQ's offerings, revolutionizing how organizations see and use their data. Financial details of the acquisition were not disclosed. The strategic acquisition expands BurstIQ's portfolio of innovative products, reinforcing its commitment to helping healthcare
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Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics

by Health M&A 06/07/2023 Leave a Comment

Wolters Kluwer Acquires AI Drug Diversion Detection Company Invistics

What You Should Know:  Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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M&A: Cardinal Health’s Outcomes to Merge with Transaction Data Systems

by Fred Pennic 06/05/2023 Leave a Comment

M&A: Cardinal Health’s Outcomes to Merge with Transaction Data Systems

What You Should Know:  Cardinal Health today announced it has signed a definitive agreement to contribute its Outcomes™ business to Orlando-based Transaction Data Systems (TDS) in exchange for a minority stake in the combined entity.Under the terms of the merger agreement, Cardinal Health’s pharmaceutical segment CEO, Debbie Weitzman, will be appointed to the TDS board of directors.TDS’s existing portfolio of clinical pharmacy solutions includes the Rx30 and Computer-Rx pharmacy
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M&A: Florence Acquires Virtual Care Solution Zipnosis

by Syed Hamza Sohail 05/24/2023 Leave a Comment

M&A: Florence Acquires Virtual Care Solution Zipnosis

What You Should Know: Florence,  an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients. Through this acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that
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