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

Promptly Acquires MDprospects and Patient Spectrum Suite

by Fred Pennic 04/23/2025 Leave a Comment

Promptly Acquires MDprospects and Patient Spectrum Suite

What You Should Know:  - Promptly, an All-in-One Patient Experience Suite announced a significant strategic move with the acquisition of MDprospects and the Patient Spectrum suite of tools, which includes MDprospects™, MDidentity™, Referify™, and Appointec™.  - The acquisition dramatically expands Promptly's service offerings, enhancing its ability to supercharge practice management systems by streamlining repetitive tasks and significantly improving patient interactions for all
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Lyric Acquires ClaimShark to Bolster AI-Powered Payment Accuracy Platform

by Fred Pennic 04/22/2025 Leave a Comment

Lyric Acquires ClaimShark to Bolster AI-Powered Payment Accuracy Platform

What You Should Know:  - Lyric, a recognized leader in solutions for healthcare payment accuracy and integrity, has officially announced its acquisition of ClaimShark. ClaimShark is known for its innovative technology platform designed to enhance integration, transparency, and precision in payment integrity for health plans.  - The strategic move will see ClaimShark's solutions integrated into the Lyric 42 Platform, Lyric's flagship AI-driven offering, significantly advancing Lyric's
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GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

by Fred Pennic 04/16/2025 Leave a Comment

GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

What You Should Know:  - GeneDx, a company focused on improving health outcomes through genomic insights, has announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation.  - The acquisition aims to position GeneDx at the forefront of the next phase of genomic medicine, characterized by decentralized testing with centralized intelligence.  Following the closing of the acquisition, Fabric Genomics will initially operate independently while
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RadNet to Acquire iCAD for $103M in All-Stock Transaction

by Fred Pennic 04/15/2025 Leave a Comment

iCAD, GE HealthCare Integrate to Advance Breast Cancer Detection with AI

What You Should Know:  - RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.  - Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction. Financial Details Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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Q1 Hospital M&A Activity Hits Historic Low Amidst Economic Uncertainty

by Fred Pennic 04/09/2025 Leave a Comment

Q1 Hospital M&A Activity Hits Historic Low Amidst Economic Uncertainty

What You Should Know: - Mergers and acquisitions (M&A) activity for hospitals and health systems in the United States experienced a significant slowdown in the first quarter of 2025, according to a recent analysis by Kaufman Hall. - The number of announced transactions reached a historic low, with only five deals recorded. Four out of the five transactions involved financially distressed organizations revealing broader market volatility and economic uncertainty, including concerns
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Kandu Health and Neurolutions Merge to Form Kandu, Inc.

by Fred Pennic 04/08/2025 Leave a Comment

Kandu Health and Neurolutions Merge to Form Kandu, Inc.

What You Should Know:  - Kandu Health, Inc. and Neurolutions, Inc. today announced their merger, forming Kandu, Inc. The newly established company aims to redefine the landscape of stroke recovery by offering an unprecedented, at-home, end-to-end solution for stroke survivors and their caregivers. - Kandu plans to develop a first-in-kind end-to-end solution for stroke survivors, combining brain computer interface (BCI) technology with personalized telehealth services. $30M Funding
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Transcarent Completes Merger With Accolade

by Jasmine Pennic 04/08/2025 Leave a Comment

Transcarent Completes Merger With Accolade

What You Should Know:  - Transcarent today announced the successful completion of its merger with Accolade, a market leader in health advocacy, expert medical opinion, and virtual primary care.  - The newly combined organization, operating under the Transcarent name, now serves an impressive 20 million lives across more than 1,700 employer and health plan clients. This scale uniquely positions the company to address over 80 percent of an employer's healthcare spending by
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CareCloud Acquires RevNu Medical Management to Expand Audiology RCM

by Fred Pennic 04/02/2025 Leave a Comment

CareCloud

What You Should Know:  - CareCloud, a provider of practice management, healthcare technology, and AI-driven solutions for medical practices acquires RevNu Medical Management (RevNu), an emerging revenue cycle management (RCM) company specializing in audiology. - Financial details of the acquisition were not disclosed.  Expanding in the Audiology Market This acquisition represents a strategic move by CareCloud to expand its presence in the U.S. audiology market. The U.S.
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ATA Action Acquires Digital Therapeutics Alliance, Forms New Digital Health Coalition

by Fred Pennic 03/31/2025 Leave a Comment

ATA Action Acquires Digital Therapeutics Alliance, Forms New Digital Health Coalition

What You Should Know:  - ATA Action, the advocacy arm of the American Telemedicine Association (ATA), has announced its acquisition of the Digital Therapeutics Alliance (DTA), the leading international organization focused on expanding access to digital therapeutics (DTx).  - The acquisition creates a powerful, unified platform for policy and advocacy, dedicated to advancing innovative technologies that are reshaping patient care. The Boards of Directors of the ATA, ATA Action,
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Ascend Learning Acquires Clover Learning to Expand Healthcare Education Offerings

by Fred Pennic 03/31/2025 Leave a Comment

Ascend Learning Acquires Clover Learning to Expand Healthcare Education Offerings

What You Should Know:  - Ascend Learning, a healthcare and learning software company acquires Clover Learning, a pioneer in online diagnostic imaging education.  - The acquisition strengthens Ascend's portfolio of allied health brands and supports its mission to deliver comprehensive training and certification solutions to healthcare professionals. Addressing the Radiology Workforce Shortage: The acquisition comes at a crucial time, as the aging U.S. population drives
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