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

GHX Acquires Syft, AI-Powered Hospital Supply Chain Platform

by Fred Pennic 02/28/2022 Leave a Comment

GHX Acquires Syft, AI-Powered Hospital Supply Chain Platform

What You Should Know: - Today GHX announced its acquisition of Syft, a leading provider of AI-enhanced inventory control and end-to-end supply chain management software and services.  - As a wholly-owned subsidiary of GHX, Syft joins GHX’s value-based care division’s growing portfolio of solutions that help modernize the supply chain. Modernizing Healthcare Supply Chain to Overcome COVID-19 Related Challenges As health systems shift to value-based care as well as overcome
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Definitive Healthcare Acquires Analytical Wizards, Healthcare Analytics Platform

by Fred Pennic 02/25/2022 Leave a Comment

Definitive Healthcare Acquires Analytical Wizards, Healthcare Analytics Platform

What You Should Know: - This week, Definite Healthcare announced the acquisition of Analytical Wizards, an advanced analytics company revolutionizing analytics in healthcare by combining our AI/ML-powered technology, domain expertise, and high-touch relationship model. Financial details of the acquisition were not disclosed. - Founded in 2015, Analytical Wizards automates complex analytic models using tools that expedite efficient big data mining using artificial intelligence (AI) and
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Benchling Acquires Overwatch Research to Accelerate Breakthroughs for Biopharma Companies

by Jasmine Pennic 02/24/2022 Leave a Comment

Benchling Acquires Overwatch Research to Accelerate Breakthroughs for Biopharma Companies

What You Should Know: - Today, R&D Cloud pioneer Benchling announced it has acquired Overwatch Research to accelerate in vivo research. - The acquisition will create the industry’s first comprehensive, cloud-native in vivo solution – a critical component of drug discovery and development – drastically accelerating the time it takes biopharma companies to bring products to market.  Digital Transforming R&D In vivo studies are a critical component of drug discovery and
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WellSky Acquires TapCloud, Health AI Platform to improve Patient Engagement

by Fred Pennic 02/22/2022 Leave a Comment

WellSky Acquires TapCloud, Health AI Platform to improve Patient Engagement

What You Should Know: - Today, Wellsky announced the acquisition of TapCloud, a virtual, interoperable, and AI-driven patient engagement platform that allows patients to share symptoms and other health data with providers via virtual visit technology, secure messaging, and remote symptom screening protocols. - Frequent communication between patients, clinicians, and payers is critical to providing quality care and delivering on value-based care. TapCloud’s interoperable, AI-driven platform
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Sirona Medical Acquires Nines Radiology AI Division

by Fred Pennic 02/18/2022 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a software company with a cloud-native solution for radiologists, has announced its acquisition of Nines Radiology’s AI division. Sirona Medical did not acquire Nines' teleradiology business, Nines Radiology. The terms of the deal were not disclosed. - This is Sirona’s first acquisition just months after its exit from stealth in Aug. 2021 with a total of $62.5M in Series A & B financing rounds.  Why It Matters The FDA-cleared medical
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H1 Acquires London-Based Faculty Opinions to Broaden Global Doctor Network

by Fred Pennic 02/16/2022 Leave a Comment

H1 Acquires London-Based Faculty Opinions to Broaden Global Doctor Network

What You Should Know: H1, a global healthcare professional data ecosystem to enable life sciences, academic medical institutions, health systems, and payors acquires London-based Faculty Opinions Ltd, formerly known as Faculty of 1000 and F1000 Prime.  Financial details of the acquisition were not disclosed. - A close partner of H1, Faculty Opinions fuses the comments and opinions of thousands of top researchers in the Life and Medical Sciences to highlight and validate the most
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VillageMD Acquires Patient Education Platform Healthy Interactions

by Jasmine Pennic 02/15/2022 Leave a Comment

VillageMD Acquires Patient Education Platform Healthy Interactions

What You Should Know: - VillageMD announced it has acquired Healthy Interactions, which helps patients manage chronic conditions through interactive educational programming as part of a stronger patient-provider relationship. - The Healthy Interactions program, which offers virtual, in-person and hybrid sessions, will be available from Village Medical and Village Medical at Walgreens providers in 14 markets by the end of 2022. More than 30 million patients around the world have used
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LifeSpeak To Acquire Wellbeats for up to $92.5M

by Fred Pennic 02/14/2022 Leave a Comment

LifeSpeak To Acquire Wellbeats for up to $92.5M

What You Should Know: - LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. As the leader in mental health and total wellbeing for employers, this acquisition enables LifeSpeak to meet the rapidly growing demand for a comprehensive, single-vendor solution that addresses both mental and physical health support needs. - Wellbeats, a Minnesota-based market-leading provider of an on-demand,
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Signify Health Acquires Caravan Health, Forming Largest Networks of At-Risk Providers

by Fred Pennic 02/10/2022 Leave a Comment

Signify Health Acquires Caravan Health, Forming Largest Networks of At-Risk Providers

What You Should Know: - Today, Signify Health announced it has reached an agreement to acquire Caravan Health, a leader in enabling accountable care organizations (ACOs) to succeed in value-based care payment. Together, the companies form one of the largest networks of at-risk providers in the U.S.  - Together, Signify Health and Caravan Health will be better positioned to enable organizations to manage larger populations covered by value-based arrangements and to
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Withings Acquires Health and Fitness App 8Fit to Strengthen Personalized Wellness Capabilities

by Fred Pennic 02/02/2022 Leave a Comment

Withings Acquires Health and Fitness App 8Fit to Strengthen Personalized Wellness Capabilities

What You Should Know: -  Withings, the leader in at-home connected health, today announced the acquisition of 8fit, worldwide health, fitness, and wellness app with more than 40 million downloads. Financial details of the acquisition were not disclosed. - The acquisition is part of a $30M investment Withings is announcing over the next three years in its strategy to combine cutting-edge medical devices with personal health and wellness plans. This news follows last month’s announcement of
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