What You Should Know:
- Kareo, a provider of cloud-based clinical and financial software, and PatientPop, a provider of practice growth technology, today announced the closing of their merger and the unveiling of the combined company’s new name, Tebra.
- The name Tebra is derived from the word “vertebrae” and symbolizes the role the new company serves as the backbone of practice success, delivering digital technology to connect providers and their patients. The combined company currently
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
EverCommerce Acquires DrChrono to Expand Suite of Solutions for Independent Practices
What You Should Know:
- Today EverCommerce Inc., a service commerce platform, announced that it has entered into a definitive agreement to acquire DrChrono Inc., a Sunnyvale, CA-based SaaS practice management and EHR platform for modern medical practices.
- DrChrono offers an all-in-one, cloud-based practice management, EHR, and billing solution to make healthcare more informed, more interactive, and more personalized. Financial details of the acquisition were not
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HealthEquity Completes $455M Acquisition of HSA Custodian Further
What You Should Know:
- HealthEquity, completed the acquisition of Further, a leading provider of HSA and consumer-directed benefit (“CDB”) administration services, and the nation’s ninth largest HSA custodian. The acquisition of Further and its technology expands HealthEquity’s leadership in the growing HSA market and enhances its ability to better serve their customers. The deal also adds to HealthEquity’s Total Solution
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23andMe Acquires Lemonaid Health for $400M – Health M&A
What You Should Know:
- Consumer genetics and research company 23andMe, today announced a definitive merger agreement with Lemonaid Health, Inc., an on-demand platform for accessing medical care and pharmacy services online.
- As part of the merger agreement, 23andMe acquired Lemonaid Health for $400M, of which 25% will be paid in cash and 75% in shares of 23andMe Class A Common Stock. The acquisition is expected to close by the end of 2021.
- The acquisition adds Lemonaid Health’s
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Oak Street Health Acquires RubiconMD for $130M – Health M&A
What You Should Know:
- Oak Street Health, Inc., a network of value-based primary care centers for adults on Medicare, today announced it has acquired RubiconMD, the leading technology platform providing access to specialist expertise.
- Motivated by their own experiences within the healthcare system, CEO Gil Addo and President Carlos Reines founded RubiconMD in 2013 to democratize medical expertise by connecting primary care clinicians to top specialists. Through its digital platform,
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HealthEdge Acquires Wellframe to Enter Member Engagement Market
What You Should Know:
- HealthEdge Software, Inc. (“HealthEdge”), a provider of the industry’s leading next-gen integrated solution suite for health insurers, today announced it has entered into a definitive agreement to acquire digital health management platform Wellframe Inc. (“Wellframe”). Financial details of the transaction were not disclosed.
- The company’s Digital Health Management platform enables health plans to modernize member-facing services, including care
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Intelerad Acquires Ambra Health, Forming $1.7B Leader in Cloud PACS and Enterprise Imaging Platform
What You Should Know:
- Today, Intelerad Medical Systems™, a global leader in medical image management solutions, announced its acquisition of Ambra Health, forming the global leader in cloud PACs and enterprise imaging. The acquisition marks Intelerad’s fourth deal this calendar year, with the transaction valuing the combined company $1.7B.
- Ambra powers some of the largest health systems - such as Johns Hopkins Medicine, Memorial Hermann and New York-Presbyterian, as well as
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GHX Acquires Explorer Surgical: Getting Closer to the Patient
What You Should Know:
- Today, GHX announced it has acquired Chicago-based Explorer Surgical, operator of a comprehensive digital and remote case support platform that connects suppliers with provider teams. Financial details of the acquisition were not disclosed.
- With today’s increased focus on value-based care and reimbursements increasingly being tied to positive patient outcomes, GHX and Explorer Surgical will help enhance collaboration between healthcare providers and
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Medsphere Acquires Ambulatory IT Support Provider Systeem Medical
What You Should Know:
- Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare IT platform solutions, today announced that the company has acquired Plano, TX-based Systeem Medical Information Systems. Systeem provides core information technology services with a primary focus on ambulatory healthcare providers.
- Founded in 2009, Systeem powers the healthcare IT foundations of better ambulatory care by providing managed IT services; help desk
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Best Buy Acquires Care-At-Home Platform Current Health – M&A
What You Should Know:
- Best Buy, today announced it has signed an agreement to acquire Boston-based Current Health, an enterprise care-at-home technology platform that brings together remote patient monitoring, telehealth, and patient engagement into a single solution for healthcare organizations. Financial details of the acquisition were not disclosed.
Founded in 2015, Current Health’s enterprise care-at-home platform enables healthcare organizations to deliver high-quality,
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