The healthcare landscape is continually evolving, and for mid-sized healthcare organizations, this evolution presents both challenges and opportunities. While larger healthcare systems may have more resources to tackle growth, smaller entities like medical groups, community hospitals, and rural hospitals often find it difficult to develop and implement growth strategies that can make a significant impact.
For that reason, headlines are replete with news of medical group buyouts, acquisitions,
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
M&A: Health Catalyst Acquires Cancer Registry Platform ERS
What You Should Know:
- Health Catalyst has acquired Electronic Registry Systems, Inc. (ERS), a prominent cancer registry software and services provider. Financial details of the acquisition were not disclosed.
- The acquisition aims to strengthen Health Catalyst's comprehensive data abstraction and registry management capabilities, particularly in conjunction with its ARMUS platform. The addition of ERS enhances Health Catalyst's Tech-Enabled Managed Services (TEMS) offering within the
Read More
M&A: Surescripts Acquires Clinical Intelligence Company ActiveRADAR
What You Should Know:
- Surescripts, the leading health information network in the United States, has acquired ActiveRADAR, a clinical intelligence company focused on identifying therapeutic alternatives for prescriptions. Financial details of the acquisition were not disclosed.
- The acquisition is expected to have a positive impact on medication adherence, patient-provider engagement, and the overall patient experience by providing better alternatives and reducing waste and
Read More
SubjectWell Acquires PatientCentra, Expanding Ability to Recruit for Rare Disease/Oncology Indications
What You Should Know:
- SubjectWell, a patient access marketplace connecting individuals with chronic health conditions to healthcare options, has acquired PatientCentra, a company specializing in global patient recruitment and personalized recruitment journeys. Financial details of the acquisition were not disclosed.
- This strategic acquisition enhances SubjectWell's capacity to serve patient recruitment needs for international clinical studies and further extends its
Read More
M&A: IKS Health Acquires AQuity Solutions for $200M
What You Should Know:
- IKS Health, the premier global solution that revitalizes the clinician-patient relationship acquires AQuity Solutions, a tech-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare, as a wholly-owned subsidiary for $200M.
- The combined company, which will operate as IKS Health, will have annual revenues of $330+ million, as well as a global workforce of over 14,000 employees serving over 150,000 clinicians in many of
Read More
M&A: Commure Acquires Mount Sinai Spinoff Rx.Health
What You Should Know:
- Commure, Inc., a healthcare technology company acquires intelligent clinical automation platform Rx.Health and is now part of its suite of solutions as Commure Engage. Financial details of the acquisition were not disclosed.
- Spun out of Mount Sinai Health System, Rx.Health offers a low-code, no-code clinical care coordination platform that helps health systems, payors, and life science organizations streamline their end-to-end patient care efforts,
Read More
Olive Shutters Business After Sale to Waystar and Humata Health
What You Should Know:
- Healthcare automation company Olive today announced it will shut down its business after selling its Clearinghouse and Patient Access business units to Waystar and its Prior Authorization business unit to Humata Health. Olive sold off its utilization management solution and business unit to Availity and business intelligence solution to BurstIQ earlier this year.
- Founded in 2012, Olive is a developer of an artificial intelligence workforce, automated
Read More
M&A: Vizient Acquires Physician Preference Card Solution PrefTech OR
What You Should Know:
- Vizient acquires PrefTech OR, a next-generation, cloud-based preference card management (PCM) software that helps healthcare providers optimize their operating rooms to increase workflow efficiency, lower costs and improve patient care. Financial details of the acquisition were not disclosed.
- PrefTech OR continuously monitors preference card quality, automatically generates actionable guidance and identifies savings opportunities.
Importance
Read More
United Therapeutics to Acquire Miromatrix Medical for $91M
What You Should Know:
- United Therapeutics Corporation and Miromatrix Medical Inc. announced today a definitive agreement for United Therapeutics to acquire Miromatrix for $91M.
- The acquisition of Miromatrix will expand United Therapeutics’ existing complementary platform of organ manufacturing programs, which include ex-vivo lung perfusion, xenotransplantation, 3-D bioprinting, and regenerative medicine approaches with the objective of creating an unlimited supply of tolerable,
Read More
M&A: PicnicHealth Acquires Rare Disease Platform AllStripes
What You Should Know:
- Patient-centered health data company PicnicHealth today announced it has acquired AllStripes, a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. Financial terms of the transaction are not disclosed.
- Founded in 2017, AllStripes has developed a technology platform that generates research-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers
Read More