What You Should Know:
- Health Assurance Transformation LLC (HATCo), a General Catalyst company has reached an agreement to acquire Summa Health, an Ohio-based health system for $485M.
- The $485M acquisition combined with Summa Health's current cash reserves, will enable the health system to eliminate $850 million in existing debt. Furthermore, the remaining funds will establish a new community foundation dedicated to improving community health in the Greater Akron
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Health Catalyst Acquires Intraprise Health, Enhancing Cybersecurity Capabilities
What You Should Know:
- Health Catalyst, a provider of data and analytics technology and services to healthcare organizations, has announced the acquisition of Intraprise Health, a leading healthcare cybersecurity provider.
- Health Catalyst funded the acquisition with a mix of cash and stock. The acquisition is expected to close in the fourth quarter of 2024.
Enhancing Cybersecurity in Healthcare
Intraprise Health is a leading healthcare cybersecurity company with
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction
What You Should Know:
- Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.
- The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans.
Combining Cutting-Edge Technologies
Nortis's Kidney-on-Chip models have been
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WellSky Acquires Bonafide to Enhance DME/HME Solutions
What You Should Know:
- WellSky, a provider of health and community care technology solutions, has acquired Bonafide, a prominent enterprise software solution for durable medical equipment (DME) and home medical equipment (HME) companies.
- By integrating Bonafide's technology and expertise, WellSky is providing DME/HME providers with the tools they need to succeed in a rapidly evolving healthcare landscape.
Meeting the Demand for Patient-Centered Home Care
The DME/HME
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Gradient Health Acquires DataAppraisal to Expand Medical AI
What You Should Know:
- Gradient Health, a leading provider of medical imaging data for AI development, has acquired DataAppraisal, a healthcare AI company specializing in unlocking the value of anonymized data from health systems worldwide.
- The strategic acquisition will significantly expand Gradient Health's ability to provide medical AI developers with access to a vast and diverse collection of de-identified medical imaging studies, including datasets from underserved
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Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals
What You Should Know:
- Cognosos, a provider of real-time location services (RTLS) for healthcare, has acquired Cox Prosight, an award-winning RTLS platform specifically designed for hospitals.
- This strategic acquisition combines Cognosos' AI-powered location technology with Cox Prosight's robust platform, creating a cutting-edge solution to address the operational challenges faced by hospitals today.
Addressing Critical Needs for Hospitals
This acquisition comes at a
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HLTH: CopilotIQ & Biofourmis Merge to Create AI-Driven Platform for In-Home Care
What You Should Know:
- CopilotIQ, a health tech company focused on improving the lives of older adults with chronic conditions, and Biofourmis, a global leader in technology-enabled home care solutions, have announced a strategic merger.
- The combined company creates an AI-driven platform to deliver comprehensive in-home care across the entire care continuum, from pre-surgical optimization to acute, post-acute, and chronic care management. As part of this merger, investors
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HLTH: Medbridge Acquires Rehab Boost, Launching AI-Powered Motion Capture for Enhanced Patient Care
What You Should Know:
- Medbridge, a leading provider of healthcare technology solutions, has acquired Rehab Boost, an innovative motion capture and movement-based AI company. Financial details of the acquisition were not disclosed.
- The strategic acquisition will relaunch Rehab Boost as Medbridge Motion Capture, a key component of Medbridge AI. This move reinforces Medbridge's commitment to integrating cutting-edge technology into patient care, improving access to
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Bluesight Acquires Sectyr to Enhance 340B Compliance and Audit Capabilities
What You Should Know:
- Bluesight, a provider of Medication Intelligence™ solutions for healthcare organizations, has acquired Sectyr, a top-tier compliance and audit management platform. Financial details of the acquisition were not disclosed.
- The strategic acquisition expands Bluesight's offerings to include robust 340B audit and compliance tools, addressing the growing needs of its customers in navigating the complexities of the 340B Drug Pricing Program.
Sectyr:
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CodexIT Acquires Kyval to Expand Healthcare Data Services
What You Should Know:
- CodexIT, a national leader in healthcare technology solutions, has acquired Marsden's Kyval, a data migration, validation, and archiving company based in New York City.
- The acquisition marks CodexIT's fourth acquisition in the past two years and reinforces its commitment to providing comprehensive, patient-centric technology solutions for healthcare organizations.
Expanding Data Services Expertise
Kyval is a tech-enabled healthcare data company
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