What You Should Know:
- Flywheel, a biomedical research data management platform, announced the acquisition of St. Louis-based Radiologics. The two organizations’ combined capabilities in imaging research data management and analytics provide the medical research community unrivaled end-to-end research workflow solutions—from open source to global enterprise.
- In addition, the company announced a $22M Series C funding round led by 8VC with participation from investors iSelect, Argonautic
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Intermountain and SCL Health Announce Merger to Form 33-Hopsital System
What You Should Know:
- Intermountain Healthcare and SCL Health, two leading nonprofit healthcare organizations, have signed a Letter of Intent to merge and create a model health system that provides high-quality, accessible, and affordable healthcare to more patients and communities in Utah, Idaho, Nevada, Colorado, Montana, and Kansas. The intention is that a definitive agreement will be finalized and signed by the end of 2021.
- The pending merger will employ more than 58,000
Read More
Edifecs Acquires Talix to Expand Risk Adjustment Solution
What You Should Know:
- Edifecs, a global health IT provider announced it is acquiring Talix, a SaaS IT company, to expand Edifecs’ reach in the encounter management and risk adjustment space. Financial details of the acquisition were not disclosed.
- The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration.
Talix
Read More
Zelis Acquires Healthcare Transparency Leader Sapphire Digital
What You Should Know:
- Bain-backed digital health payments company, Zelis today announced the acquisition of Sapphire Digital, a healthcare consumer-centered pricing and navigation software company serving more than 100M members. Financial details of the acquisition were not disclosed.
- Sapphire’s platform offers tools for provider search and selection, quality ratings and reviews, pricing data, cost calculators, and more to help consumers find the lowest cost and highest quality care
Read More
Azalea Health Acquires dashboardMD for Integrated EHR‑based Business Intelligence
What You Should Know:
- Azalea Health Innovations Inc. (Azalea Health or Azalea), a provider of cloud-based patient management and health IT solutions, today announced its acquisition of dashboardMD, an innovative cloud provider of business intelligence reporting solutions and healthcare analytics. Financial details of the acquisition were not disclosed.
- The acquisition pairs two true innovators in the health IT space -- Azalea with its fully interoperable, cloud-based electronic health
Read More
Intelerad Acquires Insignia Medical Systems, UK-Based Enterprise Imaging Provider
What You Should Know:
Today, Intelerad Medical Systems, a provider of medical image management solutions, announced its acquisition of Insignia Medical Systems, a leading UK-based enterprise imaging provider. The deal signals an important step in expanding next-generation imaging solutions and resources to help modernize hospital trusts across the UK and marks the company’s fifth acquisition in the past year.
Notably, the UK healthcare system is facing an aging and growing population,
Read More
TransUnion Explores Sale of TransUnion Healthcare, Sources Say
What You Should Know:
- Credit reporting agency TransUnion is currently evaluating the sale of its revenue cycle management subsidiary, TransUnion Healthcare, PE Hub first reports.
- Sources report TransUnion Healthcare at an initial valuation of $1.9B to $2.2B with approximately $100M of earnings before interest, taxes, depreciation, and amortization (EBITDA).
- TransUnion Healthcare makes mutual trust possible between patients, providers, and payers by helping them navigate payment
Read More
Invitae Acquires Ciitizen for $325M to Strengthen its Patient-Consented Health Data Platform
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
Read More
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
Read More
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
Read More
