What You Should Know:
Cardinal Health today announced it has signed a definitive agreement to contribute its Outcomes™ business to Orlando-based Transaction Data Systems (TDS) in exchange for a minority stake in the combined entity.Under the terms of the merger agreement, Cardinal Health’s pharmaceutical segment CEO, Debbie Weitzman, will be appointed to the TDS board of directors.TDS’s existing portfolio of clinical pharmacy solutions includes the Rx30 and Computer-Rx pharmacy
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
M&A: Florence Acquires Virtual Care Solution Zipnosis
What You Should Know:
Florence, an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients. Through this acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that
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5 Executives Weigh in on VBC Impact on Kaiser/Geisinger Deal
We recently asked five digital health executives to share their insights on the recent Kaiser's recent acquisition of Geisinger Health and it's impact to accelerate value-based care.
Andy Flanagan, CEO of Iris Telehealth
This acquisition presents a significant upside for the industry's move to improve access to quality, affordable care. Kaiser and Geisinger are two of the premier organizations in our country driving towards value-based care at scale for their communities. The creation
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M&A: ArisGlobal Acquires SPORIFY to Expand Regulatory Solutions
What You Should Know:
ArisGlobal, a provider of life sciences software acquires SPORIFY, the trusted substances, products, organizations and referentials (SPOR) data harmonization technology solution for five of the world’s top 20 largest pharmaceutical companies. Financial details of the acquisition were not disclosed.With its second acquisition in the last 90 days, ArisGlobal is prioritizing the development of an open architecture that enables an interconnected life sciences ecosystem.The
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Validic Acquires Connected Health Platform Trapollo
What You Should Know:
Validic has acquired the assets of Trapollo LLC, a connected health, technical support, and device logistics provider that helps healthcare organizations care for patients at home. Trapollo is a wholly-owned subsidiary of Cox Communications, Inc.With the acquisition of these Trapollo assets, Validic rounds out its core capabilities to make personalized healthcare a practical reality for patients and clinicians. Validic's EHR-integrated healthcare app ingests remotely
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M&A: LifeNet Health Acquires Bioventus Wound Care Division
What You Should Know:
LifeNet Health expands its portfolio of wound care solutions such as TheraSkin with the acquisition of the Bioventus Inc. wound care division.As part of the acquisition, LifeNet Health gains 90 Bioventus Inc. employees that will strengthen LifeNet Health's position as a global leader in regenerative medicine offering next-level wound care.Financia details of the acquisition were not disclosed.
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M&A: MultiPlan Acquires Benefits Science LLC for $160M
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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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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