HMS Holdings Corp. has acquired Eliza Corporation (“Eliza”), an engagement management and member analytics firm providing comprehensive and personalized member-centric outreach and engagement solutions for $170 million in cash. Through its subsidiaries, HMS Holdings provides coordination of benefits, payment integrity and care management solutions for payers. HMS serves state Medicaid programs; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
GlobalMed Acquires On-Demand Telehealth Startup TreatMD
Telehealth delivery provider GlobalMed has acquired TreatMD, a Miami, FL-based telehealth startup for an undisclosed sum. TreatMD first introduced the first International platform for Telemedicine referred to as an "On-demand Healthcare Platform" that also combines the management of office visits, in-home visits, insurance reimbursement, E-Prescribing, and mHealth devices and monitoring.Upon completion of the acquisition, GlobalMed plans to integrate TreatMD's platform with its existing
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TruClinic Acquires Healthcare Automation Intelligence Startup Overl.ai
TruClinic Inc., a provider of web-based telemedicine solutions for providers and organizations has acquired Overl.ai Inc., a New York-based healthcare automation intelligence startup. Once the acquisition closes, the integrated product offering will improve patient intake experience and strengthens EHR integration capabilities of the TruClinic telehealth platform. Financial terms of the acquisition were not disclosed.“Ensuring an intuitive, user-friendly patient experience is paramount to a
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Jvion Acquires Predictive Analytics Firm Predixion’s Healthcare IT Practice
Jvion, an Atlanta-based cognitive clinical science machine firm has acquired predictive analytic firm Predixion’s Healthcare IT practice for an undisclosed sum. For Jvion, the acquisition will help augment the company's market positioning while amplifying the value delivered by Predixion to their current client base by enabling access to Jvion’s Cognitive Clinical Success Machine.Predixion, which raised $42M+ to date, received $20M in its third round of investment and is backed by giants
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Medfusion Acquires Patient Self-Scheduling Company NexSched, LLC to Improve Patient Experience
Medfusion, Inc., a provider of patient experience solutions has acquired the business and certain assets of NexSched, LLC, a privately held New York-based company that specializes in patient self-scheduling solutions. According to a recent Accenture study, 77 percent of patients think that the ability to book, change or cancel appointments online is vitally important to their healthcare experience.The acquisition of NexSched addresses the rise of healthcare consumerism and demand for greater
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Career Step Acquires Panacea Healthcare Solution’s Revenue Cycle Management Divisions
Career Step, LLC, a portfolio company of Revelstoke Capital Partners, a Denver-based private equity firm has acquired the Revenue Capture and Coding and Documentation Divisions of Panacea Healthcare Solutions. After completion of the acquisition, Career Step and Panacea will now provide end-to-end education, consulting and data analytics solution to the revenue cycle and healthcare financial marketplaces. Financial details of the acquisition were not disclosed.For Career Step, the acquisition
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DrFirst Acquires VisibilityRx to Optimize Clinical Trial Recruitment
DrFirst, a provider of electronic prescribing, integrated medication management and secure communication for healthcare has acquired Duluth, GA-based VisibilityRx, a provider of clinical trial recruitment services to life sciences, clinical research organizations and pharmacies. Financial terms of the acquisition were not disclosed. For DrFirst, the acquisition provides 60,000 physician clients the ability to easily identify and refer their patients to the latest clinical trials and
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GoodRx and Iodine Merge Quietly to Bring Transparency to Drug Pricing
GoodRx, a Santa Monica, CA-based startup that compares retail prices of prescription drugs from different pharmacies in the United States has quietly merged with San Francisco-based startup Iodine, FastCompany first reports. The merger was not announced publicly, but Iodine CEO Thomas Goetz confirmed the deal took place at the end of 2016. Financial terms of the merger were not disclosed.Founded in 2013, Iodine mines clinical data to help consumers make better decisions about their medications.
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Harris Corporation Unloads Government IT Services Business for $690M in Cash
Private equity firm Veritas Capital has agreed to acquire Harris Corporation’s government IT services business for $690 million in cash. The transaction is subject to regulatory review and other customary closing conditions and is expected to close in the second quarter of 2017.Headquartered in Herndon, Virginia, Harris’ government health IT business helps healthcare organizations achieve better patient outcomes by increasing interoperability, making clinical and administrative workflow more
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Concept Plus Acquires Federal Health IT Management Services Firm Thao, Inc.
Concept Plus, LLC (Concept Plus), a professional services firm specializing in the comprehensive design, implementation, and maintenance of IT initiatives for the Federal Government has acquired health IT management firm Thao, Inc. (THAOINC). THAOINC provides health IT services and program management support exclusively to federal healthcare customers through its highly skilled staff. Financial details of the acquisition were not disclosed. Founded in 2010 by Thao Sofo, THAOINC offers
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