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

Providence-Backed Tegria Acquires Healthcare IT Consulting Firm Cumberland

by Fred Pennic 03/16/2021 Leave a Comment

Providence-Backed Tegria Acquires Healthcare IT Consulting Firm Cumberland

What You Should Know: - Tegria today announced the acquisition of Cumberland, a leading healthcare IT consulting and services firm for payers and providers. Financial details of the acquisition were not disclosed. - The acquisition accelerates the growth of Tegria, launched by Providence in October 2020 to provide next-generation technologies and services to the healthcare sector. As a result of this transaction, Tegria increases its consulting capabilities for payer organizations while
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Grand Rounds Merges with Doctor on Demand to Create New Virtual Care Company

by Fred Pennic 03/16/2021 Leave a Comment

Grand Rounds Merges with Doctor on Demand to Create New Virtual Care Company

What You Should Know: - Grand Rounds, a leader in healthcare quality and clinical navigation, and Doctor on Demand, the nation’s leading virtual care provider, announced their merger agreement, creating a first-of-its-kind integrated virtual care company. - These two premier platforms will offer a patient and provider experience unmatched elsewhere, providing a full suite of digital and interactive solutions to help people address the $300 billion problem of uncoordinated care in the
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Vytalize Health to Acquire Patient Financial Experience Platform MedPilot

by Fred Pennic 02/17/2021 Leave a Comment

Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion

What You Should Know: - Vytalize Health to acquire patient financial experience platform MedPilot to accelerate data-driven engagement technology to its ACO's Medicare population. - An alumnus of the Cedars-Sinai Accelerator, MedPilot’s platform has already helped over 1 million patients to date and boasts a 97% patient satisfaction score.   Vytalize Health, a leading provider of value-based healthcare announced it is acquiring MedPilot, a Cleveland-based patient financial
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Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation

by Fred Pennic 02/12/2021 Leave a Comment

Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation

What You Should Know: - Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B. - The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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Seed Health Acquires Auggi’s Stool Recognition AI Tech & Algorithms

by Jasmine Pennic 02/12/2021 Leave a Comment

Seed Health Announces Acquisition of Digital Health Company Augg

What You Should Know: - Seed Healthv, a microbial sciences company, announced the acquisition of Auggi, a digital health company with a suite of artificial intelligence and machine learning technologies to track and analyze digestive health. - As part of the acquisition, Seed Health will acquire Auggi's technology assets, including its AI algorithm for real-time Bristol stool typing, the world's largest stool image database, and a mobile monitoring application for clinical research. -
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Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara

by Jasmine Pennic 02/08/2021 Leave a Comment

Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara

What You Should Know: - Nuance acquires ambient AI healthcare voice assistant Saykara, Inc. to bring complementary AI technology and engineering talent to conversational AI and ambient clinical intelligence market leader. - Kara’s AI-powered healthcare voice assistant can be used during a physician-patient encounter without any voice commands, promising to eliminate up to 100% of after-hours charting and records entry Nuance Communications, Inc. today announced the acquisition of
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Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

by Fred Pennic 02/02/2021 Leave a Comment

Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

What You Should Know: - As healthcare access continues evolving due to the pandemic, Premise Health, the world’s largest direct health care provider, today announced an acquisition of Sonic Boom Wellness, a leading provider of corporate wellness technology. - In the last year, Premise Health has emerged as a leader in digital wellness, delivering nearly 20 products virtually through its innovative Digital Wellness Center. The addition of Sonic Boom allows Premise Health — which
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NexHealth Acquires Paperless Digital Forms Company Enlive

by HITC Staff 02/02/2021 Leave a Comment

NexHealth Acquires Paperless Digital Forms Company Enlive

What You Should Know: - NexHealth acquires integrated paperless forms company Enlive to expand its patient experience platform, making patient data collection easy and secure.  - Paperless forms solve long-standing difficulties that healthcare practices have faced with paper-based forms, including data entry, filing, shredding, and scanning patient paperwork. Enlive offers HIPAA-compliant online forms that seamlessly integrate with EHR systems such as Dentrix, Eaglesoft, and Practice
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Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M

by Fred Pennic 02/02/2021 Leave a Comment

Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M

What You Should Know: -  Volpara Health, an integrated breast care platform assisting in the delivery of personalized patient care has acquired breast cancer risk assessment platform CRA Health. - CRA Health, LLC, is a breast cancer risk assessment company spinoff from Massachusetts General Hospital — a Harvard Medical School teaching hospital. Today the company delivers more than two million assessments annually to women’s imaging clinics. - CRA software is cloud-based
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Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

by Jasmine Pennic 02/01/2021 Leave a Comment

Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

What You Should Know: - Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally. - Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain
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