McKesson Health Solutions has acquired HealthQX™ to expand its value based care portfolio with HealthQX's value-based payment technology solution, ClarityQx. Financial details of the acquisition were not disclosed.The acquisition will strengthen McKesson's ability to support health plans transition to value-based care through automating and scaling complex bundled payments. Integrating ClarityQx with McKesson’s Episode Management gives health plans the ability to automate retrospective bundled
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
ECG Management Consultants Acquires Kurt Salmon’s Healthcare Division
Healthcare management consultant firm ECG Management Consultants, today announced it has acquired the healthcare division of Kurt Salmon. The sale of Kurt Salmon's healthcare division by parent company Management Consulting Group PLC, a London-based professional services company is expected to be $12M ((equivalent to approximately £9.2 million), Interactive Investor reports. An additional $1M of consideration is deferred and contingent on post completion performance. MCG will retain the reminder
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Definitive Healthcare Acquires Healthcare Analytics Provider Billian’s HealthDATA
Definitive Healthcare announced this week it has acquired Billian’s HealthDATA, a provider of data and analytics on U.S. healthcare organizations. Financial terms of the deal were not disclosed. The strategic acquisition will build on Definitive’s existing data on healthcare providers and facilities to provide data to over 1,500 clients ranging from the leading integrated delivery networks, hospitals and pharmaceutical companies to growing technology, medical device and staffing firms.Billian’s
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Teladoc Acquires Telehealth Startup HealthiestYou for $125M
Teladoc has signed an agreement to acquire HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization for $125 in a mix of cash and stock. Under terms of the acquisition, HealthiestYou purchase price consists of $45 million cash and 6.96 shares of Teladoc common stock worth $80 million. Teladoc expects the acquisition of HealthiestYou to close on July 1.Available to individuals and employers, HealthiestYou can be incorporated into any employee benefit
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Philips Acquires Northern Irish Digital Pathology Startup PathXL
Today, Philips announced it has acquired PathXL, Northern Ireland-based leader in digital pathology image analysis, workflow software and educational tools to complement its IntelliSite Pathology Solution. With this move, Philips seeks to accelerate its drive to support medical institutions around the world as they move from microscopy-driven workflows to digitized pathology workflows. Financial details of the acquisition were not disclosed. Founded in 2004 and headquartered in Belfast, Northern
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Ontario Systems Acquires Rev Cycle Provider Columbia Ultimate Business Systems
Ontario Systems, a provider of revenue cycle management (RCM) and accounts receivable management (ARM) software and services provider has acquired Columbia Ultimate Business Systems (CUBS™). Based in Vancouver, WA, Columbia provides software and services to outsourced revenue cycle management (RCM) and accounts receivable management (“ARM”) firms as well as government clients. The acquisition will benefit both organizations’ customers through expanded product offerings and access to an even
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MedData Acquires Revenue Cycle Company Cardon Outreach for $400M
MedData, a provider of patient-focused revenue cycle management services has acquired Cardon Outreach, LLC, an integrated revenue cycle management services provider for $400M. Once the acquisition closes, the combined companies will have 2,000 employees. Additionally, each entity will retain its brand and all current facilities will remain in place as they are today. Founded in 1996, Cardon Outreach provides revenue cycle management services and technology solutions focused on helping hospitals
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Hearst Acquires Majority Stake in Health Plan SaaS Company MedHOK
Hearst announced it has agreed to acquire a majority stake in Tampa-based MedHOK, Inc., a leading provider of software-as-a-service (SaaS) solutions for health plans offered by insurance companies, health systems and companies that administer drug benefits. Financial terms of the acquisition were not disclosed and the transaction is expected to close early this summer, subject to regulatory approvals.The announcement was made by Hearst President and CEO Steven R. Swartz, Hearst Business Media
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MedAssets-Precyse Acquires Healthcare Analytics Vendor Equation
MedAssets-Precyse has acquired Utah based healthcare analytics and consulting company Equation for an undisclosed sum. The acquisition will help MedAssets-Precyse enhanced its end-to-end healthcare financial and clinical business intelligence and analytics solution for the healthcare enterprise. Equation healthcare organizations with the analytic tools and consulting expertise to gain insights to improve healthcare delivery and patient satisfaction while strengthening financial and budgetary
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Israeli Digital Health Startup EarlySense Lands $25M for Contact-Free Monitoring
Israeli digital health startup, EarlySense, a contact-free continuous monitoring solutions provider, announced today that it has raised $25 million in funding, led by Israel’s largest bank, Bank Hapoalim. Pitango Venture Capital, JK&B Capital and other previous investors also participated in the round.The latest round brings the company's total funding to $100M including strategic investments from Samsung, Welch Allyn and Mitsui. The company will utilize the funding to scale its product
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