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

23andMe Acquires Lemonaid Health for $400M – Health M&A

by Fred Pennic 10/22/2021 Leave a Comment

23andMe Agrees to Acquire Lemonaid Health for $400M

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

by Fred Pennic 10/21/2021 Leave a Comment

RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians

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

by Fred Pennic 10/19/2021 Leave a Comment

Wellframe Raises $20M to Accelerate Digital Care Management Solution for Care Teams

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

by Fred Pennic 10/14/2021 Leave a Comment

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

by Fred Pennic 10/14/2021 Leave a Comment

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

by Jasmine Pennic 10/13/2021 Leave a Comment

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

by Fred Pennic 10/12/2021 Leave a Comment

Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform

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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Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know

by Fred Pennic 10/07/2021 Leave a Comment

Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know

 Virgin Pulse, a global provider of tech-enabled wellbeing solutions, today announced its intent to acquire Denver-based consumer activation company, Welltok, a leader in data analytics-based targeting and multi-channel outreach solutions. Here are five things to know about the acquisition: 1. The Welltok acquisition will accelerate Virgin Pulse's ability to serve substantially more clients, consumers, patients and members across the full healthcare continuum – employer, health plans
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M&A: MMIT/Evaluate Acquires Healthcare Analytics Company Panalgo

by Fred Pennic 09/29/2021 Leave a Comment

M&A: MMIT/Evaluate Acquires Healthcare Analytics Company Panalgo

What You Should Know: - Panalgo, a leading healthcare analytics company, has been acquired by MMIT and Evaluate, which joined forces last month to become a $1.6 billion global pharma commercial intelligence provider.  Panalgo provides software that streamlines healthcare data analytics by removing complex programming from the equation. Panalgo's Instant Health Data (IHD) software empowers teams to generate and share trustworthy results faster, enabling more impactful decisions - With
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Clearsense Acquires Plug-and-Play AI Analytics Firm Compellon

by Jasmine Pennic 09/22/2021 Leave a Comment

What You Should Know: - Clearsense, an AI-powered data analytics platform company that translates healthcare data into highly consumable insights, today announced the acquisition of Compellon, a privately-held, plug-and-play AI analytics company. - The multi-patented Compellon technology uses AI to re-engineer predictive modeling, removing the technical burden from users. The technology is a hand in glove complement to the end-to-end Clearsense platform which cleans, organizes, and
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