What You Should Know:
- Virtual reality mental and behavioral health companies BehaVR and OxfordVR today announced their merger, supported by an initial $13M in Series B funding led by Optum Ventures and Oxford Science Enterprises, with participation from Confluent Health, Accenture Ventures, Chrysalis Ventures and Thornton Capital.
- Uniting under the BehaVR brand, digital therapeutic companies BehaVR and OxfordVR will deliver comprehensive virtual reality-based treatments for mental and
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
AHI Acquires Canadian-based wellteq Digital Health Inc.
What You Should Know:
- Advanced Health Intelligence Ltd acquires Canadian health technology company wellteq Digital Health Inc. This transaction follows the acquisition of South Africa based Vertica Health (Pty) Ltd in August, a biomathematical health risk modelling platform. Financial details of the acquisition were not disclosed.
- The 3-company combination creates the only company globally capable of offering biometric health screening, health risk stratification, triage into
Read More
M&A: Carenet Health Acquires Stericycle Communication Solutions
What You Should Know:
- Carenet Health, a leading provider of 24/7 and on-demand patient engagement solutions, today announced it has acquired Stericycle Communication Solutions, an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. The companies’ combined capabilities create the industry’s most comprehensive patient experience platform.
- This acquisition emphasizes Carenet’s commitment to providing better healthcare for all, as the combined
Read More
M&A: NextGen Healthcare to Acquire TSI Healthcare for $68M
What You Should Know:
- NextGen Healthcare today announced it has signed a definitive agreement to acquire TSI Healthcare, a privately held value-added reseller located in Chapel Hill, NC. The acquisition will expand NextGen’s presence in specialties including rheumatology, pulmonology and cardiology.
- TSI Healthcare® is a national leader in the sales and support of customized NextGen® Practice Management and Electronic Health Record software. TSI Healthcare delivers innovative,
Read More
DirectTrust and EHNAC Announce Merger Agreement
What You Should Know:
- DirectTrust and the Electronic Healthcare Network Accreditation Commission (EHNAC) today announced an agreement to merge EHNAC with and into DirectTrust, effective January 4, 2023.
- DirectTrust is a non-profit healthcare industry alliance created to support secure, identity-verified electronic exchanges of protected health information. EHNAC is a non-profit standards development organization and accrediting body for organizations that electronically
Read More
Wheel Acquires GoodRx Care Backend Tech for $19.5M
What You Should Know:
- Virtual care company Wheel acquires GoodRx Care’s backend virtual care technology, including its clinician-centric EMR, powerful clinical management tools, and flexible patient experience software for $19.5M in cash.
- As part of the acquisition, Wheel will integrate GoodRx Care’s underlying technology to expand its existing virtual care platform capabilities and GoodRx will continue to own the consumer-facing GoodRx Care website and mobile app. GoodRx will continue
Read More
Zelis Acquires Healthcare Payment Reimbursement Solutions Payspan
What You Should Know:
- Zelis, a company modernizing the business of healthcare, announced today the completion of its acquisition of Payspan, a leader in healthcare electronic payment and reimbursement automation services. Financial terms of the transaction were not disclosed.
- The acquisition will accelerate Zelis' mission to modernize the business of healthcare through a connected platform and expansion of offerings for healthcare insurers, providers, and their members.
Improving
Read More
CitiusTech Acquires Wilco Source to Expand Salesforce Capabilities for Healthcare & Life Sciences
What You Should Know:
- CitiusTech announced that it has acquired Wilco Source, an industry-leading Salesforce solutions company to expand its offerings in patient services, care management and digital front door.
- This strategic acquisition comes on the heels of Bain’s recently announced investment in CitiusTech valued above $1B. These strategic initiatives validate both CitiusTech’s track record of success and CEO Bhaskar Sambasivan ‘s strategic
Read More
Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch
What You Should Know:
- The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities.
- In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment.
Key
Read More
Walgreens-Backed VillageMD to Acquire Summit Health for $9B
What You Should Know:
Primary care provider, VillageMD has entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care in a blockbuster M&A deal valued at $8.9 billion with investments from Walgreens Boots Alliance (WBA).
The combined company will create a multi-payor platform to deliver quality, affordable care for all patients and will enhance WBA’s robust portfolio of leading, integrated healthcare offerings across the care
Read More
