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

GE HealthCare Acquires Intelligent Ultrasound for $51M

by Fred Pennic 07/19/2024 Leave a Comment

GE HealthCare Acquires Intelligent Ultrasound for $51M

What You Should Know:  GE HealthCare (Nasdaq: GEHC) announced an agreement to acquire the clinical artificial intelligence (AI) software business of Intelligent Ultrasound Group PLC (Intelligent Ultrasound) for approximately $51M.  - The acquisition is expected to close in the fourth quarter of 2024, subject to customary closing conditions. GE HealthCare will finance the deal with existing cash reserves. The strategic acquisition signifies GE HealthCare's dedication to advancing
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Findhelp Acquires Kiip to Streamline Access to Social Services

by Fred Pennic 07/18/2024 Leave a Comment

Findhelp Acquires Kiip to Streamline Access to Social Services

What You Should Know:  - Findhelp, a social care software company, announced the acquisition of Kiip, a New York-based startup focused on simplifying access to social programs.  - The strategic acquisition strengthens Findhelp's position in the social care software market and aims to significantly improve access to vital resources for millions in need. Financial details of the acquisition were not disclosed.  Addressing a Critical Need: Millions of people struggle to
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RLDatix Acquires Digital Care Management Platform Carebeans

by Jasmine Pennic 07/17/2024 Leave a Comment

RLDatix Acquires Digital Care Management Platform Carebeans

What You Should Know:  - RLDatix, a global leader in connected healthcare operations software and services, has announced the acquisition of Carebeans, a UK-based provider of digital care planning and management software.  - The acquisition strengthens RLDatix’s position as a comprehensive solution for healthcare organizations, addressing critical compliance, risk, governance, and workforce management needs. Addressing Industry Challenges The acquisition comes at a time
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Med-Metrix Acquires HRSI to Strengthen Eligibility Management Capabilities

by Fred Pennic 07/16/2024 Leave a Comment

Med-Metrix Acquires HRSI to Strengthen Eligibility Management Capabilities

What You Should Know:  - Med-Metrix, LLC (“Med-Metrix”), a leading provider of technology-enabled Revenue Cycle Management (RCM) solutions acquires Healthcare Receivable Specialists, Inc. (“HRSI”). HRSI is a specialized RCM and patient access company with a strong reputation for its best-in-class Medicaid eligibility services. - The strategic acquisition strengthens Med-Metrix’s position as a comprehensive RCM provider by adding HRSI’s expertise in eligibility management. Financial
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Edward Lifesciences Acquires ARC Spinout Innovalve Bio Medical

by Fred Pennic 07/15/2024 Leave a Comment

Edward Lifesciences Acquires ARC Spinout Innovalve Bio Medical

What You Should Know:  - Sheba Medical Center, Israel's leading medical institution, is celebrating a major success story with the acquisition of Innovalve Bio Medical by Edwards Lifesciences.  - This acquisition marks another successful exit for a company cultivated within ARC Innovation, Sheba's dedicated program for fostering healthcare innovation. Financial details of the acquisition were not disclosed.  Innovalve's Pioneering Mitral Valve Technology Founded in
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PE Firm Acquires Healthcare MSP Provider Medicus IT

by Jasmine Pennic 07/12/2024 Leave a Comment

PE Firm Acquires Healthcare MSP Provider Medicus IT

What You Should Know:  - FFL Partners ("FFL"), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses has acquired a majority stake in Medicus IT, a leading provider of managed IT and cybersecurity services for the healthcare industry. Financial terms of the transaction were not disclosed. - The acquisition positions Medicus IT for continued growth and leadership in the healthcare IT market. The investment will fuel the company's ability
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SAIGroup Acquires Get Well to Power Personalized Care with AI

by Fred Pennic 07/09/2024 Leave a Comment

SAIGroup Acquires Get Well to Power Personalized Care with AI

What You Should Know:  - Enterprise AI investment firm SAIGroup announced today the acquisition of Get Well, a leader in digital patient engagement.  - Get Well currently facilitates over 10 million patient interactions annually across more than 1,000 healthcare organizations. Financial details of the acquisition were not disclosed. Aligning with AI Leaders in Healthcare This acquisition strengthens SAIGroup's presence in the AI-powered healthcare landscape. Get Well joins
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M&A: HHAeXchange Acquires Generations Homecare System

by Fred Pennic 07/08/2024 Leave a Comment

M&A: HHAeXchange Acquires Generations Homecare System

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.  - Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange's position as a frontrunner in the homecare technology space. A Growing Market Demands Innovation The homecare industry
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M&A: Alcon Acquires BELKIN Vision for $81M

by Fred Pennic 07/01/2024 Leave a Comment

M&A: Alcon Acquires BELKIN Vision for $81M

What You Should Know:  - Alcon (SIX/NYSE: ALC), a company in eye care, announced today the completion of its acquisition of BELKIN Vision for a total of $81M. This strategic move strengthens Alcon's position in the glaucoma treatment landscape. - By acquiring BELKIN Vision's DSLT technology, Alcon expands its treatment options for glaucoma patients. This minimally invasive procedure offers a new tool for physicians, with the potential to improve patient care and outcomes. With planned
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Walmart Exits Virtual Health Market with Sale of MeMD to Fabric

by Fred Pennic 06/28/2024 Leave a Comment

Walmart Exits Virtual Health Market with Sale of MeMD to Fabric

What You Should Know:  - Fabric, a healthcare technology company focused on care enablement, announced today the acquisition of MeMD from Walmart Inc. (NYSE: WMT). MeMD is a recognized leader in virtual healthcare, offering behavioral, urgent, and primary care services to millions of individuals. - This strategic acquisition positions Fabric to be a major player in the virtual healthcare landscape. By combining Fabric's care enablement platform with MeMD's established virtual care
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