What You Should Know:
MultiPlan, a provider of data-enabled cost management, payment, and revenue integrity solutions for 700+ healthcare payors announced the acquisition of Benefits Science LLC (BST) for $160M in cash and stock.BST was founded in 2012 by a group of MIT-trained experts in data science, including Dimitris Bertsimas, Ph.D., who is recognized as an early pioneer in healthcare analytics and who serves as the company’s chief data scientist. Dr. Bertsimas will continue with BST
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
M&A: VMG Health Acquires BSM Consulting
What You Should Know:
VMG Health, a full-service healthcare strategy and transaction advisory firm acquires BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). NCP invested in VMG Health in March 2020.Founded in 1978 by Bruce Maller, BSM Consulting provides practice management consulting and compliance expertise to clients in ophthalmology and medical
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M&A: eVisit Acquires Bluestream Health
What You Should Know:
- eVisit, a virtual care operating platform for health systems and large, complex healthcare delivery organizations acquires Bluestream Health, a digital front door and virtual care workflow solution that manages patient and provider interactions throughout the care delivery process.
- Financial terms of the acquisition were not disclosed.
Acquisition Brings Virtual care to Patients
eVisit augments its highly innovative capabilities with complementary digital
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Quest Diagnostics Acquires Haystack Oncology for $300M in Cash
What You Should Know:
Quest Diagnostics has reached an agreement to acquire Haystack Oncology an early-stage oncology company focused on minimal residual disease (MRD) testing to aid in the early, accurate detection of residual or recurring cancer and better inform therapy decisionsUnder the terms of the agreement, Quest will pay $300 million in cash at closing, net of cash acquired, and up to an additional $150 million on achieving future performance
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M&A: Kaiser Acquires Geisinger, Forms Risant Health
What You Should Know:
Kaiser Foundation Hospitals and Geisinger Health are teaming up to launch Risant Health and a definitive agreement to make Geisinger the first health system to join Risant Health to expand access to value-based care in more communities across the country. Upon regulatory approval, Geisinger becomes part of the new organization through acquisition.Risant Health is a new nonprofit organization, created by Kaiser Foundation Hospitals, to expand and accelerate
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Tegria Acquires Sisu Healthcare IT Solutions
What You Should Know:
Tegria, a leading healthcare consulting and technology services company, announced the acquisition of Sisu HealthcareIT Solutions, a highly regarded MEDITECH-certified hosting and services firm headquartered near Duluth, Minn.
With the addition of Sisu’s team of experts, Tegria deepens its established hosting, technical solutions and managed services offerings to support MEDITECH clients.
Financial details of the acquisition were not disclosed.
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M&A: LexisNexis Risk Solutions Acquires Human API
What You Should Know:
- LexisNexis® Risk Solutions, part of RELX, today announced it has acquired Human API, a provider of a proprietary consumer-driven data platform.
- Together, LexisNexis Risk Solutions and Human API will deliver a next-generation consumer consent management solution that enables more seamless delivery of data. This approach empowers consumers with better access to their healthcare data and insurance resources that can improve care coordination and automate life
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Sagility Acquires Payment Integrity Provider DCI Consulting
What You Should Know:
Sagility, a provder optimizing the member/patient experience and business process management acquires Chandler, Arizona-based Devlin Consulting, Inc. (DCI), an established healthcare technology services company with nearly 30 years of payment integrity experience.The acquisition represents Sagility’s first acquisition since unveiling its new identity as an independent U.S.-based company solely dedicated to the healthcare industry following the 2021 divestment from HGS.
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M&A: GHX to Acquire Prodigo Solutions
What You Should Know:
- Today, Global Healthcare Exchange (GHX) announced that it has signed a definitive agreement to acquire Pittsburgh, Penn.-based Prodigo Solutions, Inc. (Prodigo), a supply chain and data enablement technology company.
- Prodigo was founded in 2008 by UPMC, the world-renowned Pittsburgh-based healthcare provider and insurer. Prodigo’s offerings help to broaden the healthcare supply chain’s span of control, expanding the potential for savings
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Availity Acquires Olive AI’s Utilization Management Solution and Business Unit
What You Should Know:
- Availity today announced a definitive agreement to acquire the utilization management solution and business unit from healthcare automation company Olive AI, Inc. Financial details of the acquisition were not disclosed.
- The acquisition of Olive AI's utilization management solution offers numerous benefits for Availity’s national network of payers and providers. These include lower administrative and medical costs, improved patient access
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