What You Should Know:
- PerkinElmer, a leading global analytical services and solutions provider, announced its acquisition of Covaris, a developer of solutions for life science innovations.
- This strategic move will fuel Covaris' growth and expand PerkinElmer's life sciences portfolio into the high-growth diagnostics market. Notably, both companies share majority ownership under New Mountain Capital, making the integration potentially smoother. While financial details remain undisclosed,
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
M&A: Experian Acquires Wave HDC to Enhance Healthcare Coverage Identification and Automation
What You Should Know:
- Experian acquires Wave HDC, a healthcare technology leader that offers AI-enhanced data curation solutions to identify unknown insurance benefits coverage and critical patient demographics at the start of a patient's healthcare journey.
- The acquisition bolsters the Experian Health business portfolio with more comprehensive and faster healthcare coverage identification and automation capabilities.
Wave HDC's AI-Powered Solutions
Wave HDC offers several
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Cigna and Humana Merger Talks Could Face Antitrust Scrutiny
What You Should Know:
- Cigna and Humana are in talks to merge in a deal that would create a US health insurance giant worth $140B and provide a significant test for antitrust authorities.
- A combination between Cigna and Humana would help the companies compete with larger rivals such as UnitedHealth Group and Elevance Health, formerly known as Anthem. The two companies have hired advisers who have been discussing a cash and stock deal for more than a month. They hope to get the
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M&A: Novant Health Acquires 3 Tenet Hospitals in South Carolina for $2.4B
What You Should Know:
- In a significant move to expand its presence in South Carolina, Novant Health has announced the acquisition of three Tenet Healthcare hospitals and affiliated operations for approximately $2.4B. The deal, which is expected to close early next year, will bring Hilton Head Hospital, Coastal Carolina Hospital, and East Cooper Medical Center under the Novant Health umbrella.
-This strategic acquisition aligns with Novant Health's long-term vision to enhance healthcare
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M&A: Aya Healthcare Acquires Winnow AI to Bolster Physician Recruitment
What You Should Know:
- Aya Healthcare, a large healthcare talent software and staffing company, has acquired Winnow AI, a data science-driven solution that helps organizations recruit and retain physicians.
- Winnow AI uses artificial intelligence and business intelligence to identify passive physicians who are likely to relocate to a particular region. This acquisition will allow Aya Healthcare to offer both active and passive job seeker recruitment platforms to its clients.
Data
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M&A: UpHealth Sells Cloudbreak Health Business to GTCR for $180M
What You Should Know:
UpHealth, Inc. has entered into a definitive agreement to sell its wholly-owned subsidiary, Cloudbreak Health, LLC, to private equity firm GTCR for $180 million in cash.
The sale will allow UpHealth to reduce its debt and focus on its growing behavioral health business, TTC Healthcare. The sale is expected to close in the first half of 2024.
CloudBreak Health Background
Cloudbreak Health, known for its Martti translation offering, provides telehealth and video
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M&A: Aranscia Acquires YouScript from Invitae
What You Should Know:
- Aranscia, a global provider of diagnostics software, services, and testing solutions, has acquired select assets of the YouScript personalized medication management platform from Invitae Corporation in an all-cash transaction.
- YouScript is a widely recognized leader in providing actionable, real-time medication risk and pharmacogenomics (PGx) insights. It enables healthcare providers and organizations to build, deliver, and scale comprehensive personalized
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M&A: BehaVR and Fern Health Merge to Form RealizedCare Focused on Digital Therapeutics
What You Should Know:
- BehaVR and Fern Health have merged to create RealizedCare, a new company that will provide digital care management solutions for chronic pain. RealizedCare's platform combines digital therapeutics (DTx) with traditional wraparound services to deliver personalized care at scale.
- The company has partnered with Grünenthal, a global research-based pharmaceutical company, as a strategic investor.
Chronic Pain Challenges
Chronic pain affects an estimated 52
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M&A: AAPC Acquires Semantic Health’s AI-Powered Medical Auditing Solution
What You Should Know:
- AAPC, a leading global solutions provider in healthcare revenue cycle management, has acquired Semantic Health, an early-stage healthcare technology company focused on creating AI-powered inpatient medical auditing software for health insurance plans and hospitals.
- This acquisition will allow AAPC to offer its members innovative tools to streamline auditing processes, reduce denials, and improve documentation quality.
AI-Powered Inpatient Medical
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M&A: Millar Acquires Sentron; Redefining MEMS Pressure Sensor Industry
What You Should Know:
- Millar, a provider of OEM solutions and a leader in pressure sensor-enabled medical devices for over 54 years, acquires Sentron, a pressure and pH sensor manufacturing company headquartered in Leek, The Netherlands, currently owned by Wellinq.
- The acquisition includes sensor development and fabrication facilities, significantly broadening Millar's capabilities. It enables Millar to expand its product offerings to include pH and electrical conductivity sensors,
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