What You Should Know: - Verisk acquires Franco Signor, a Bradenton, FL-based full-service provider of MSP compliance software and services for $160M. - Property/casualty insurers, self-insureds, and TPAs will benefit from the most comprehensive suite of fully integrated Medicare compliance solutions and greater access to the nation’s top Medicare experts. Verisk, a data analytics provider, announced today that it has acquired Franco Signor, a Medicare Secondary Payer (MSP) service
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
AmWell IPO and Google Deal – Five Key Takeaways to Know
1) COVID-19 Has Driven Revenue Up 77% The headline revenue data (summarised below) provides very positive news for AmWell and its new investor, Google. Notably: - Even prior to COVID-19, the company was growing well with revenues increasing by 31% in 2019 compared to 2018. - This rate of growth has accelerated in 1H20, with overall revenue up 77% in the same period in 2019. - The 2019 growth was partly driven by a small increase in the number of health plan subscription customers and
Read More
Analysis: August Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of August 2020. M&A is back and the velocity of the rebound has outpaced all expectations. The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
Read More
Sonde Health Acquires NeuroLex Lab’s Voice-Based Survey Platform
What You Should Know: - Sonde Health acquires NeuroLex Laboratories, Inc. to forms one of the world’s preeminent biobanks focused on vocal biomarkers. - NeuroLex’s core product, SurveyLex, makes it easy to create and distribute voice surveys in less than a minute as URL links through web browsers. Sonde Health, a Boston-based digital vocal biomarker technology platform announced it has acquired NeuroLex Laboratories, Inc., a leading voice-enabled survey and data acquisition platform.
Read More
Experity Acquires Reputation Management Platform Calibrater Health
What You Should Know: - Experity, a provider of urgent care health IT, has acquired feedback management solutions company- Calibrater Health. - Through the acquisition, Experity will expand its patient engagement HIT platform by fully integrating Calibrater’s reputation management functionalities like AI-powered issue tracking, SMS patient surveys, and enhanced performance insights. Experity, a provider of clinical and practice management software to the urgent care space,
Read More
emids Acquires Payer IT Consulting Firm FlexTech
What You Should Know: - emids - a leader in digital engineering and transformation solutions for the healthcare and life sciences industries - today announced the acquisition of Nevada-based FlexTech, a payer IT consulting firm recognized by KLAS as a category leader. - The FlexTech deal will drive expanded channel partnership opportunities for emids among leading core platform vendors and position emids as the go-to partner for advancing adoption of new digital business
Read More
Vocera Acquires Secure Communications Platform EASE Applications
What You Should Know: - Today Vocera Communications acquires EASE Applications, a provider of a secure communication platform and mobile application that delivers updates, messages to patients’ loved ones, during surgeries and at other times. - The Orlando-based EASE offers a cloud-based service that is built to improve the patient experience by enabling friends and family members to receive timely updates about the progress of loved ones in the hospitals. Care team members can send
Read More
Change Healthcare Acquires Cloud-Native Imaging Platform Nucleus.io
What You Should Know: - Change Healthcare acquires Nucleus.io to create the first of its kind end-to-end, cloud-native Enterprise Imaging to integrate Change Healthcare’s next-generation medical imaging platform. - The acquisition will accelerate Change Healthcare’s timeline to implement a complete cloud-based, end-to-end Enterprise Imaging solution with customers by leveraging the 7,500+ organizations Nucleus.io currently serves. Change Healthcare (Nasdaq: CHNG) today announced the
Read More
Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital
What You Should Know: - Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare. - Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health. - Prior to Patient Square, he spent over 21 years at KKR, initially joining in 1996. He helped establish the firm’s health care industry group in 2001 and
Read More
Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation
What You Should Know: - Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. - The acquisition will create the first unified healthcare payments platform with both commercial and government payer connectivity, resulting in greater value for providers. Waystar, a provider of healthcare payments software, today announced a definitive agreement
Read More