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

Invitae Acquires Ciitizen for $325M to Strengthen its Patient-Consented Health Data Platform

by Fred Pennic 09/07/2021 Leave a Comment

Ciitizen Launches Solution to Help HIEs Comply with Info Blocking Regulation

What You Should Know: - Medical genetics company Invitae today announced its $325M acquisition of Ciitizen, a patient-centric consumer health tech company that offers a global platform to help patients collect, organize, store and share their medical records digitally. - Ciitizen is a patient-centric consumer health technology platform that enables patients to collect, store and share their medical records in a single location. Ciitizen developed proprietary machine learning and AI
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Stryker Acquires Med Device Company Gauss Surgical

by Fred Pennic 09/07/2021 Leave a Comment

Stryker Acquires Med Device Company Gauss Surgical

What You Should Know: - Stryker today announced the acquisition of Gauss Surgical, a Menlo Park, CA-based medical device company that has developed Triton™, an artificial intelligence-enabled platform for real-time monitoring of blood loss during surgery. Financial details of the acquisition were not disclosed. - Triton combines the power of A.I. with the simplicity of a mobile device to deliver accurate blood loss during surgery. Triton has demonstrated improvements in maternal and
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Provation Acquires endoPRO Software Portfolio from PENTAX Medical

by Fred Pennic 09/01/2021 Leave a Comment

Provation Acquires endoPRO Software Portfolio from PENTAX Medical

What You Should Know:  - Provation, a SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of the endoPRO® endoscopy informatics and software portfolio from PENTAX Medical. Terms of the carve-out transaction were not disclosed. - The Provation-acquired endoPRO portfolio of software solutions includes endoPRO iQ® endoscopy procedure
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One Medical Completes Acquisition of Iora Health

by Jasmine Pennic 09/01/2021 Leave a Comment

One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A

What You Should Know: - Today, One Medical closed its acquisition of Iora Health, a value-based primary care group serving roughly 39,000 Medicare patients. Together, One Medical and Iora will extend its combined reach to provide human-centered, technology-powered care across every stage of life, with nationwide digital health coverage and a combined office footprint in 28 markets covering 120 million people or nearly 40% of the entire U.S. population. - The acquisition, taking on
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Hoy Health Acquires Mobile Med Units Company HomeFront Health

by Jasmine Pennic 08/31/2021 Leave a Comment

Hoy Health Acquires Mobile Med Units Company HomeFront Health

What You Should Know: - Hoy Health, a bilingual digital primary care platform today announced the acquisition of HomeFront Health, a San Antonio, TX-based service-driven mobile healthcare organization that delivers frontline medical services to patients in their homes as an extension of hospital- and provider-centric care models. By harnessing the untapped resource of military-trained and field-tested veteran medics, the mobile medical units provide unparalleled in-person patient care when
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DirectTrust Acquires Assets of SAFE Identity to Support Healthcare Interoperability

by Jasmine Pennic 08/31/2021 Leave a Comment

DirectTrust Acquires Assets of SAFE Identity to Support Healthcare Interoperability

What You Should Know: - DirectTrust today announced it has acquired the assets of SAFE Identity (including Trust Framework), an industry consortium and certification body supporting identity assurance and cryptography in healthcare.  Financial details of the acquisition were not disclosed. - The acquisition substantially extends DirectTrust’s capabilities and services and is expected to enable new and expanded interoperability use cases. Post-Acquisition Plans As part of the
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Alight Acquires Expert Medical Advice Platform ConsumerMedical

by Fred Pennic 08/27/2021 Leave a Comment

Alight Acquires Expert Medical Advice Platform ConsumerMedical

What You Should Know: - Alight Solutions, a cloud-based provider of integrated digital human capital and business solutions announced it will acquire ConsumerMedical, a clinical advocacy and expert medical opinion company that serves 6 million people through the nation’s largest employers, health plans, carriers and private exchanges. This is a key move as healthcare navigation services is a rapidly expanding market and one that’s critical to Alight’s growth. - With its comprehensive
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AccessDX Acquires 2bPrecise from Allscripts for Actionable Precision Medicine Insights

by Jasmine Pennic 08/25/2021 Leave a Comment

AccessDX Acquires 2bPrecise from Allscripts for Actionable Precision Medicine Insights

What You Should Know: - AccessDX, a leading diagnostic laboratory, and diagnostic technology company has acquired 2bPrecise, a genomic and healthcare informatics innovator, from Allscripts Healthcare Solutions. This merger comes as advances in genetic research and medicine have driven skyrocketing demand for genetic testing, data, and insights by healthcare providers, laboratories, and consumers around the world. Financial details of the acquisition were not disclosed. - Hospitals, health
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Ginger and Headspace Merge to Form Headspace Health to Support Mental Health

by Fred Pennic 08/25/2021 Leave a Comment

Ginger and Headspace Merge to Form Headspace Health to Support Mental Health

What You Should Know: -Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge. - The combined entity, Headspace Health, will provide the full spectrum of proven, effective virtual support - from mindfulness and meditation to text-based behavioral health coaching, to video-based therapy and psychiatry - for all types of patient populations (consumers, employees,
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K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy

by Jasmine Pennic 08/24/2021 Leave a Comment

K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy

What You Should Know: - KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed. - Trusst has built a proprietary, simulated way for users to have virtual conversations with national experts on topics ranging from shyness to trauma. The
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