What You Should Know: - Today, Signify Health announced it has reached an agreement to acquire Caravan Health, a leader in enabling accountable care organizations (ACOs) to succeed in value-based care payment. Together, the companies form one of the largest networks of at-risk providers in the U.S. - Together, Signify Health and Caravan Health will be better positioned to enable organizations to manage larger populations covered by value-based arrangements and to
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Withings Acquires Health and Fitness App 8Fit to Strengthen Personalized Wellness Capabilities
What You Should Know: - Withings, the leader in at-home connected health, today announced the acquisition of 8fit, worldwide health, fitness, and wellness app with more than 40 million downloads. Financial details of the acquisition were not disclosed. - The acquisition is part of a $30M investment Withings is announcing over the next three years in its strategy to combine cutting-edge medical devices with personal health and wellness plans. This news follows last month’s announcement of
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PointClickCare Acquire Audacious Inquiry, Care Coordination Platform
What You Should Know: – PointClickCare Technologies, a healthcare technology platform enabling meaningful collaboration and access to real-time insights, today announced its intent to acquire care coordination platform Audacious Inquiry. - The combination of PointClickCare and Audacious Inquiry will help accelerate the companies’ mission to address critical gaps in healthcare and enable better care for vulnerable patients. Cloud-Based Solutions Leverage Open APIs and Accredited
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Glooko Acquires German Medical AI Company xbird – M&A
What You Should Know: - Glooko, a provider of remote patient monitoring and digital health solutions for diabetes and other chronic conditions, today announced it has acquired xbird, a German-based health AI company developing JITAI ( Just In Time Adaptive Intervention) technologies to support patients and their providers in predicting behavior and managing diabetes. - The addition of xbird expands Glooko’s advanced analytics capabilities and tools, further broadening Glooko’s platform
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M&A Analysis: Getinge Expands Digital Solutions Through Acquisition of Talis Clinical LLC
In December 2021, Getinge announced its plans to acquire 100% of the equity interest in US-based Talis Clinical LLC. Talis Clinical LLC provides high-acuity IT software platforms. - Talis Clinical was founded in 2013 by Gary Colister (CEO) and Roger Hungerford (Chairman). - Talis Clinical’s software applications include Critical Care, Cardiac Surgery/Perfusion, Extracorporeal Membrane Oxygenation (ECMO), Anaesthesia and Labour & Delivery. - Getinge has a comprehensive
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emids Acquires Cloud Development Resources to Create Low-Code Development Practice
What You Should Know: - emids, today announced the acquisition of Cloud Development Resources (CDR), a leading provider of low-code, enterprise-grade business solutions and services on the OutSystems platform for some of the country’s leading and largest healthcare and life sciences companies. - OutSystems is the pioneer in low-code development, and this partnership with emids creates the healthcare industry’s first dedicated low-code development practice. Financial terms of the deal were
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LifeWorks Acquires Breaking Free, Digital Substance Use Disorder Treatment Platform
What You Should Know: - LifeWorks, a provider of comprehensive mental health, digital and in-person total wellbeing solutions, today announced the acquisition of Breaking Free, a provider of evidence-based behavioral health SaaS solutions for substance use intervention. - The addition of Breaking Free’s solution in substance use intervention to the LifeWorks platform will result in further enhancing the mental health service clients can seamlessly access through the LifeWorks wellbeing
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M&A: Babylon Acquires Patient Engagement Solution DayToDay Health
What You Should Know: - Babylon (NYSE: BBLN) acquires patient engagement platform DayToDay Health (“DayToDay”) to provide Babylon members with DayToDay’s digital-first, highly engaging programs and clinical services prior to and following scheduled surgeries, major health events like childbirth, and following diagnosis of chronic conditions. - Financial details of the acquisition were not disclosed. Enhancing Lives by Guiding Patients with Individualized Care Although almost all
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M&A: IBM Sells Off Watson Health Business to PE Firm Francisco Partners
What You Should Know: - Today, IBM announced it has sold off healthcare data and analytics assets from IBM that are currently part of the Watson Health business to global private equity firm Francisco Partners. The assets acquired by Francisco Partners include extensive and diverse data sets and products, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software offerings. - Financial terms of IBM's agreement with Francisco
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DarioHealth Acquires Physimax, AI-Powered Musculoskeletal Self-Assessment and Optimization Platform
What You Should Know: - Global digital therapeutics (DTx) company DarioHealth Corp. (Nasdaq: DRIO), a leader in the market (the Company), announced it has entered into an agreement to purchase all of the right, title and interest in certain assets of Physimax Technologies Ltd. ("Physimax"), a leading provider of computer vision (CV) technology for Musculoskeletal (MSK) functional screening and predictive risk of injury assessment. - This acquisition complements DarioHealth’s existing MSK
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