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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant

GE HealthCare to Acquire Caption Health to Expand AI-Guided Ultrasounds

by Fred Pennic 02/10/2023 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - GE HealthCare acquires Caption Health, Inc., a privately owned artificial intelligence (AI) healthcare leader that creates clinical applications to aid in early disease detection, using AI to assist in conducting ultrasound scans. - The acquisition supports GE HealthCare’s $3B Ultrasound business by adding AI-enabled image guidance to ultrasound device portfolios. In addition, it aligns with strategy to deliver precision care and expands access to new ultrasound
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CVS Health Acquires Oak Street Health for $10.6B in Cash – M&A

by Fred Pennic 02/08/2023 Leave a Comment

CVS Health Acquires Oak Street Health for $10.6B in Cash

What You Should Know: - CVS Health acquires Oak Street Health in an all-cash deal of $39 per share in cash, representing an enterprise value of approximately $10.6 billion. Bringing CVS Health and Oak Street Health together can significantly benefit patients’ long-term health by reducing care costs and improving outcomes – particularly for those in underserved communities. - Oak Street Health CEO Mike Pykosz will continue to lead Oak Street Health, which will become part of CVS
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Health IT M&A: KLAS Reveals Vendors Learning to Mitigate Negative Impact

by Syed Hamza Sohail 02/06/2023 Leave a Comment

Health IT M&A: KLAS Reveals Vendors Learning to Mitigate Negative Impact

What You Should Know: - Since KLAS’ last report on M&A activity, there have been several notable vendor mergers and acquisitions affecting the healthcare IT landscape, and many healthcare organizations have needed to navigate the resulting disruptions. - This report provides an update on how customer satisfaction has been affected by recent health IT M&A activity and what makes vendors more or less resilient during this type of change. This report includes 26
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Israel HMO Enables Patients to Contact Doctors Via WhatsApp

by Fred Pennic 02/03/2023 Leave a Comment

Israel HMO Enables Patients to Contact Doctors Via WhatsApp

What You Should Know: - Clalit Health Services, the largest HMO in Israel eases the burden on customer service teams, allowing members to communicate directly with their HMO through WhatsApp and social media. - Clalit members in Israel. Clalit members can now contact the clinic and doctors via WhatsApp - to schedule appointments, send documents - and save waiting time.  Deploying CommBox’s Omnichannel Communication Platform As part of the move, Clalit implemented CommBox’s
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M&A: Accenture Acquires Life Sciences Consulting Firm Bionest

by Jasmine Pennic 02/02/2023 Leave a Comment

Accenture Acquires Life Sciences Consulting Firm Bionest

What You Should Know: - Today, Accenture announced it has acquired Bionest, a strategy and consulting firm dedicated to addressing complex strategic decisions for leading biopharma organizations across innovative areas of science including precision medicine and diagnostics, oncology, cell & gene therapy (CGT), and rare diseases. Terms of the transaction were not disclosed. - Scientific and technological advancements are creating breakthroughs for patient health,
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M&A: Science 37 Acquires Vault Health’s Life Sciences Platform

by Jasmine Pennic 02/02/2023 Leave a Comment

M&A: Science 37 Acquires Vault Health’s Life Sciences Platform

What You Should Know: - Science 37 Holdings, Inc., the industry-leading Metasite announced it has acquired life sciences platform from Vault Health, a national leader in remote diagnostics and COVID testing, to further enhance clinical trial workflow orchestration and data interoperability capabilities of the Science 37 platform. - The asset purchase accelerates Science 37’s existing development plans for workflow features such as advanced scheduling and investigational product tracking,
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M&A: CVS Pharmacy Acquires MedAvail’s Pharmacy Assets

by Jasmine Pennic 01/26/2023 Leave a Comment

M&A: CVS Pharmacy Acquires MedAvail’s Pharmacy Assets

What You Should Know: - MedAvail Holdings, Inc.(“MedAvail”), an innovative technology-enabled pharmacy company, today announced it has entered into a definitive agreement with CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates (“CVS”), for the sale of certain assets of MedAvail’s SpotRx pharmacies (the “CVS Transaction”). - MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park,
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M&A: ReviveHealth Acquires Telehealth Company SwiftMD

by Fred Pennic 01/24/2023 Leave a Comment

M&A: ReviveHealth Acquires Telehealth Company SwiftMD

What You Should Know: ReviveHealth, a whole health and integrated care company, has acquired SwiftMD, a virtual care services company with a strong physician network.  - The acquisition was facilitated by Eir Partners, a Miami based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. SwiftMD Background SwiftMD is a digital virtual health company with the highest utilization rate
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M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology

by Fred Pennic 01/18/2023 Leave a Comment

M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology

What You Should Know: - Arrive Health, a provider of real-time benefit tools and integrated solutions that improve patient affordability, today announced the acquisition of a suite of innovative patient engagement and automation technologies developed by UPMC Enterprises and the UPMC Pharmacy Network. - The acquisition adds AI-driven virtual assistant technology and a robust patient management system to its affordability offerings, expanding support for more than 200 million
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M&A: OpenLoop Acquires Reliant.MD’s Practice Group

by Fred Pennic 01/11/2023 Leave a Comment

OpenLoop Acquires Reliant.MD’s Practice Group

What You Should Know: - OpenLoop Health, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced its acquisition of Reliant.MD's practice group. Financial details of the acquisition were not disclosed. - The acquisition enables OpenLoop to continue to expand the depth of its clinical services and further confirms its place as a leader in digital and hybrid healthcare delivery. - For Reliant Immune Diagnostics, Inc. the
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