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

M&A: ResMed Acquires Somnoware to Expand Sleep Management Offerings

by Fred Pennic 07/05/2023 Leave a Comment

M&A: ResMed Acquires Somnoware to Expand Sleep Management Offerings

What You Should Know:  ResMed, the #1 global producer of CPAP machines and masks to treat sleep apnea acquires Somnoware, a U.S. leader in sleep and respiratory care diagnostics software. Financial details of the acquisition were not disclosed. Somnoware software streamlines the processes of physicians and sleep labs for diagnosing and evaluating a patient’s sleep and respiratory care test results, ordering treatment equipment, setting up appointments, tracking therapy compliance,
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Quest Diagnostics Completes Acquisition of Haystack Oncology

by Healthcare M&A 06/23/2023 Leave a Comment

Quest Diagnostics Acquires Haystack Oncology for $300M in Cash

What You Should Know:  Quest Diagnostics announced that it has completed its $450M acquisition of Haystack Oncology.Haystack Oncology has developed a highly sensitive minimal-residual disease (MRD) testing technology, based on circulating tumor DNA (ctDNA), to aid in the early detection of residual or recurring cancer and better inform therapy decisions.Acquired back in April, the acquisition will leverage Quest’s expertise and scale in oncology, genomics and pathology.  Quest
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M&A: Apixio and ClaimLogiq Merge to Minimize Reimbursement Inaccuracies

by Jasmine Pennic 06/15/2023 Leave a Comment

M&A: Apixio and ClaimLogiq Merge to Minimize Reimbursement Inaccuracies

What You Should Know:  Apixio announced it has completed its merger with ClaimLogiq, a healthcare technology business that delivers savings for health plans by reducing claim errors prior to payment. Together, the combined entity will be branded as Apixio.Together, the combination of Apixio and ClaimLogiq’s critical infrastructure, artificial intelligence, and proprietary healthcare data will accelerate the shift toward outcomes-based reimbursement models by reducing costs, minimizing
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M&A: BurstIQ Acquires Olive AI’s Business Intelligence Platform

by Fred Pennic 06/14/2023 Leave a Comment

BurstIQ Acquires Business Intelligence Platform from Olive AI

What You Should Know:  BurstIQ, a provider of data-driven healthcare solutions announced it has acquired Olive AI's business intelligence solution. The acquired solution, now known as LifeGraph Intelligence, further enhances BurstIQ's offerings, revolutionizing how organizations see and use their data. Financial details of the acquisition were not disclosed. The strategic acquisition expands BurstIQ's portfolio of innovative products, reinforcing its commitment to helping healthcare
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Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics

by Health M&A 06/07/2023 Leave a Comment

Wolters Kluwer Acquires AI Drug Diversion Detection Company Invistics

What You Should Know:  Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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M&A: Cardinal Health’s Outcomes to Merge with Transaction Data Systems

by Fred Pennic 06/05/2023 Leave a Comment

M&A: Cardinal Health’s Outcomes to Merge with Transaction Data Systems

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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M&A: Florence Acquires Virtual Care Solution Zipnosis

by Syed Hamza Sohail 05/24/2023 Leave a Comment

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

by Executive Insights 05/22/2023 Leave a Comment

M&A: Kaiser Acquires Geisinger, Forms Risant Health

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

by Jasmine Pennic 05/18/2023 Leave a Comment

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

by Healthcare Mergers & Acquisitions 05/15/2023 Leave a Comment

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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