What You Should Know: - Today, Global Healthcare Exchange (GHX) announced that it has signed a definitive agreement to acquire Pittsburgh, Penn.-based Prodigo Solutions, Inc. (Prodigo), a supply chain and data enablement technology company. - Prodigo was founded in 2008 by UPMC, the world-renowned Pittsburgh-based healthcare provider and insurer. Prodigo’s offerings help to broaden the healthcare supply chain’s span of control, expanding the potential for savings
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Availity Acquires Olive AI’s Utilization Management Solution and Business Unit
What You Should Know: - Availity today announced a definitive agreement to acquire the utilization management solution and business unit from healthcare automation company Olive AI, Inc. Financial details of the acquisition were not disclosed. - The acquisition of Olive AI's utilization management solution offers numerous benefits for Availity’s national network of payers and providers. These include lower administrative and medical costs, improved patient access
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Clearday and Viveon Health Merge to Create Longevity Care Company
What You Should Know: - Clearday, an innovative longevity technology company using an integrated platform of robotic companion care and AI-driven technology to serve the senior adult care sector, and Viveon Health Acquisition Corp., a special purpose acquisition (SPAC) company have entered into a definitive merger agreement. - The combined company's pro forma equity valuation (assuming no share redemptions) is expected to be approximately $370M. VHAQ currently has $20M held in a trust
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Love.Life Acquires Telemedicine Platform Plant Based TeleHealth
What You Should Know: - Love.Life, a health and wellness company leading the convergence of food, medicine, and wellness therapies, is pleased to announce the acquisition of Plant Based TeleHealth Inc., a nationwide telemedicine service focused on the prevention and reversal of chronic disease utilizing lifestyle medicine. - The company has been rebranded as Love.Life Telehealth and will add to the robust suite of medical offerings that Love.Life will feature in its
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Cosmos Health Acquires Telemedicine Platform ZipDoctor – M&A
What You Should Know: - Cosmos Health Inc., a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, announced today that it has entered into a definitive agreement to acquire ZipDoctor Inc. from American International Holdings Corp (AMIH) for an undisclosed sum. - ZipDoctor Inc., a wholly owned subsidiary of American International Holdings Corp. (AMIH), is a direct-to-consumer
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PointClickCare Acquires Value-Based Care EHR Patient Pattern
What You Should Know: - PointClickCare Technologies, a healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, today announced the acquisition of Patient Pattern. Financial terms of the transaction were not disclosed. - The combination of PointClickCare and Patient Pattern will further the companies’ shared vision of enabling better care and outcomes for high-needs populations and provide
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Pfizer Acquires Seagen for $43B to Tackle Cancer
What You Should Know: - Pfizer announced it will acquire biotechnology company Seagen for $229 per Seagen share in cash, for a total enterprise value of approximately $43 billion. The proposed combination enhances Pfizer’s position as a leading company in Oncology. Seagen’s medicines, late-stage development programs and pioneering expertise in Antibody-Drug Conjugates (ADCs) strongly complement Pfizer’s Oncology portfolio. Seagen Background Seagen is a pioneer in ADC technology, with
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Clarapath Acquires AI-Powered Digital Pathology Platform Crosscope
What You Should Know: - Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissue acquires Mountain View, CA-based Crosscope. Financial details of the acquisition were not disclosed. - Crosscope is a digital pathology company with a turnkey imaging solution providing best-in-class workflow tools and slide management along with artificial intelligence (AI) and machine learning (ML) technology to assist pathologists with better
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WeightWatchers Acquires Clinical Weight Management Platform Sequence for $106M
What You Should Know: - WeightWatchers has entered into a definitive agreement to acquire Weekend Health, Inc., d/b/a Sequence, a subscription telehealth platform offering access to healthcare providers specializing in chronic weight management. - Sequence seamlessly integrates the patient and clinician experience for ongoing, clinical care and medication management while providing high-touch support in navigating the insurance approval process. - As part of the acquisition, WW will
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business
What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6. Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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