What You Should Know:
- More than one-third of hospital and health system transactions announced in Q3 2023 involved a party that cited financial distress as a transaction driver, according to Kaufman Hall’s latest mergers and acquisitions (M&A) report. The reports reveal third quarter M&A activity remained high with 18 announced transactions resulting in $8.2B in total transacted revenue.
- Kaufman Hall experts say transaction activity is regaining momentum as hospitals,
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
M&A: WellSky’s Acquires Corridor to Expand Medical Coding & RCM Services
What You Should Know:
- WellSky, a health and community care technology company, announced it has acquired Corridor, an end-to-end tech-enabled services platform for the post-acute care industry, from HealthEdge Investment Partners. Financial detials of the acquisition were not disclosed.
- By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance
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Rev Cycle M&A: Access Healthcare Acquires Envera Health
What You Should Know:
- Access Healthcare, a provider of revenue cycle management (RCM) and healthcare services, announced the acquisition of Envera Health, a market leader in patient engagement services.
- This acquisition, a testament to Access Healthcare’s focus on providing innovative and superior revenue cycle solutions, broadens its service portfolio to include enhanced patient engagement capabilities.
Acquisition Stregthens Access Healthcare’s RCM Services
By
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M&A: Evernorth Health Acquires Bright.md Technology Platform
What You Should Know:
- Today at HLTH, Evernorth Health Services announced the acquisition of technology and clinical capabilities of Bright.md, a leader in asynchronous care, triage, and healthcare navigation services to enhance MDLIVE’s virtual care
- By using asynchronous technologies to allow patients to initiate care on their terms, without the need for real-time clinician interactions, the integration provides patients with convenient access to care while reducing costs and
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M&A: Netsmart Acquires Netalytics to Advance SUD Solutions
What You Should Know:
- Netsmart announced it has acquired Netalytics, a South Carolina-based addiction treatment software and practice management company, dedicated to developing technology for substance use disorder (SUD) providers focused on opioid addiction treatment.
- This acquisition will further extend the Netsmart CareFabric platform by enabling interoperable data sharing between opioid treatment program (OTP) facilities and the providers that treat and coordinate other
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M&A: AHIMA Acquires HCPro
What You Should Know:
- The American Health Information Management Association (AHIMA) today announced that it acquired HCPro and its associated brands from Simplify Compliance. The strategic acquisition broadens the reach of both organizations.
- AHIMA will operate HCPro as a for-profit, wholly-owned subsidiary, enabling the organization to remain focused on caring for its clients.
HCPro Background
HCPro is an industry leader in integrated information,
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Catholic Medical Center Exploring Merger with HCA Healthcare
Catholic Medical Center Exploring Merger with HCA Healthcare
What You Should Know:
- Catholic Medical Center (CMC) has signed a non-binding letter of intent (LOI) to explore partnership with HCA Healthcare. The discussions will evaluate a potential agreement where CMC would join HCA Healthcare.
- The non-binding LOI is the first step in a well-defined and lengthy process that involves further due diligence, negotiation of final terms, and approvals. In the meantime, the excellent
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M&A: Tendo Acquires MDsave for $150M
What You Should Know:
- Tendo, a digital health company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers announced it has acquired MDsave, a leading healthcare marketplace that democratizes care access for all for $150M
- The strategic acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one
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M&A: Virgin Pulse and HealthComp Merge in $3B Deal
What You Should Know:
– Virgin Pulse, a global digital-first health, wellbeing, and navigation company announced its intent to merge with HealthComp, a next-generation benefits and analytics platform valued at $3B.
The blockbuster merger will create a technology and data-powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. Together, the combined entity will aim to improve health outcomes and lower costs for members and
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M&A: Avel eCare Acquires Virtual Hospitalist Provider Fident Health
What You Should Know:
Avel eCare, a provider of clinician-to-clinician telemedicine services acquires Fident Health, a Texas-based virtual hospitalist provider dedicated to delivering high-quality telemedicine care to rural and suburban communities.
- The acquisition strengthens Avel eCare’s existing clinician network and builds on the company’s successful acute and post-acute telemedicine solutions to help hospitals, health systems and senior care facilities throughout the
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