What You Should Know:
- Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms.
- The potential Signify acquisition has a market value of around $4.7 B after its shares rose on the news of a potential sale.
Leveraging
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Netsmart Acquires SNF Claims Data Analytics Solution CORE Analytics
What You Should Know:
- Netsmart announced that it has acquired CORE Analytics, the industry-leading skilled nursing facility (SNF) claims data analytics offering from Zimmet Healthcare.
- With the addition of Core Analytics, Netsmart Simple™is now the only solution suite in the market capable of calculating quality measures and Five-Star ratings leveraging Minimum Data Set (MDS), Payroll-Based Journaling (PBJ) and UB-04 claims data.
Software Solutions to Problems in
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Healthcare & Life Science M&A Activity Plummets 1H’22
What You Should Know:
- The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%.
- Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector.
Key Trends and
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ResMed Acquires Digital Therapeutics App for Insomnia
What You Should Know:
- Today ResMed, a provider of digital health solutions for sleep and respiratory care, acquires Germany-based mementor, the maker of somnio, which provides a digital solution for treating insomnia and marks ResMed’s first foray into the digital therapeutics space.
- Founded in 2014, somnio is Germany’s first and only permanently approved Digital Health Application (DiGA) in the field of sleep medicine and thus eligible for reimbursement in
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Lyniate Acquires CareCom to Expand Semantic Interop Capabilities
What You Should Know:
- Lyniate, a global leader in healthcare data interoperability acquires CareCom, a provider of semantic interoperability. This acquisition builds on Lyniate’s recent merger with NextGate, a longtime leader in patient identity management.
- The combined organization will better support healthcare organizations in converting unstructured content into standardized data to help them assemble and manage more complete and accurate patient
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CareFirst BCBS Taps Headway to Expand Access to Mental Healthcare
What You Should Know:
- Today, CareFirst BlueCross BlueShield (CareFirst), the largest not-for-profit health plan in the mid-Atlantic region, and Headway, a tech-enabled company that expands access to in-network mental health care by removing barriers that providers, payers, and the people they serve face, announced a collaboration to scale CareFirst’s mental health care program.
- CareFirst launched a search in fall 2021 for a company to help them better support and engage their
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Zelis Acquires Healthcare Cost Control Provider Payer Compass
What You Should Know:
- Healthcare payments company Zelis today announced an agreement to acquire Payer Compass, a healthcare provider of reimbursement and claims pricing, administration, and processing solutions. Financial terms of the transaction were not disclosed.
- Through the acquisition, Zelis will integrate Payer Compass into its existing solution suite to further help clients and their members manage rising healthcare costs and establish more transparent and affordable
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ClaimLogiq Acquires SyTrue for Better Clinical, Coding, & Medical Reviews
What You Should Know:
- Payment integrity tech provider ClaimLogiq acquires SyTrue, a provider of healthcare natural language processing (NLP) technology. Financial details of the acquisition were not disclosed.
- The acquisition combines the premier payment integrity platform with the leading NLP technology solution to transform how health plans address payment integrity, risk adjustment and data management. By combining their technologies, the market will have a new seamless and cohesive
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Exo Acquires Medo to Make Ultrasounds Simple and Accessible
What You Should Know:
- Exo, a health information and devices company, today has announced it has acquired Medo, an FDA-cleared AI platform that makes ultrasound workflow faster, more reliable, and accessible to all.
- By integrating Medo’s AI, Exo enables more caregivers in more settings to capture and interpret medical images – allowing faster and more accurate diagnoses and treatment.
Make Medical Imaging as Easy as Snapping a Smartphone Photo
Ultrasound imaging is
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RLDatix Acquires Galen Healthcare Solutions
What You Should Know:
- RLDatix, the international leader in governance, risk and compliance (GRC) solutions for healthcare, announced today the acquisition of Galen Healthcare Solutions (Galen), the market leader in implementation, optimization, data migration and archival solutions for HIT systems.
- The Galen acquisition will enable RLDatix to help organizations meet regulatory requirements for data retention while also ensuring continuity of care for patients throughout their
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