What You Should Know:
- Zipari, the first and
only consumer experience platform built specifically for health insurance,
today announced a strategic growth investment from private equity firm Thoma Bravo, valuing the company at more
than half a billion dollars. As part of the strategic investment, Zipari will merge
with Healthx, a provider of
trusted healthcare engagement technologies, to create the leading CX platform
and solutions for health insurance payers and third-party administrators.
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
M&A: Gainwell to Acquire HMS for $3.4B in Cash
What You Should
Know:
- Veritas Capital (“Veritas”)-backed Gainwell Technologies
(“Gainwell”), a leading provider of solutions that are vital to the
administration and operations of health and human services programs, today
announced that they have entered into a definitive agreement whereby Gainwell
will acquire HMS, a technology, analytics
and engagement solutions provider helping organizations reduce costs and
improve health outcomes.
- With over 7,500 employees, Gainwell Technologies
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M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B
What You Should Know:
- Philips acquires BioTelemetry, a U.S. provider of
remote cardiac diagnostics and monitoring for $72.00 per share for an implied
enterprise value of $2.8 billion (approx. EUR 2.3 billion).
- With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services.
- BioTelemetry business is expected to deliver double-digit growth and improve its
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M&A: Kyruus Acquires HealthSparq from Cambia Health Solutions
What You Should Know:
- Kyruus is acquiring HealthSparq from Cambia Health
Solutions, a family of more than 20 companies working to make healthcare more
economically sustainable and efficient for people and their families.
- HealthSparq is a healthcare guidance and transparency
technology company serving the health plan market.
- With the acquisition, the combined entity now serves
more than 60 health systems and 100 health plan brands nationwide.
Kyruus, the leader in
provider
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M&A: Cedar Gate Acquires Deerwalk to Enhance Value-Based Care Analytics
What You Should Know:
- Cedar Gate acquires Deerwalk, an innovative population
health management, data management, and healthcare analytics software company
based in Lexington, Massachusetts.
- By acquiring Deerwalk, Cedar Gate expands its
employer-based offerings with the ability to actively engage employers and ASOs
as they manage rising healthcare costs. The combined suite of offerings
improves the patient experience and delivers financial sustainability.
Cedar Gate Technologies
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M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash
What You Should Know:
- Cerner announces it will acquire Kantar Health, a leading data, analytics, and real-world evidence and commercial research consultancy serving the life science and health care industry.
- This acquisition is expected to allow Cerner’s Learning
Health Network client consortium and health systems with more opportunities to
directly engage with life sciences for funded research studies. The acquisition
is expected to close during the first half of
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M&A: HealthStream Acquires myClinicalExchange for $4.5M in Cash
What You Should Know:
- HealthStream acquires substantially all of the assets
of myClinicalExchange LLC, for approximately
$4.5 million in cash.
- For the first time, HealthStream’s footprint expands to
include the healthcare workforce before graduation, providing new opportunities
to make the transition-to-practice by medical, nursing, and allied healthcare
students more seamless.
HealthStream, a Nashville,
TN-based provider of workforce and provider solutions for the
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M&A: Ro Acquires On-Demand, In-Home Platform Workpath
What You Should Know:
- Ro announced it has acquired Workpath, a technology
platform that powers on-demand, in-home healthcare and diagnostics services
nationwide.
- Through this acquisition, Ro’s platform will now
uniquely bring together a patient's doctor, pharmacy, and
diagnostics/lab--offering a personalized, end-to-end experience with no
insurance required.
- Ro is also announcing a partnership with Quest
Diagnostics, which operates more than 2,200 locations nationwide, to
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network
What
You Should Know:
-
PointClickCare announces its intent to acquire Collective Medical to create the
largest combined acute and post-acute care network in North America for $650M.
-
Collective Medical’s platform connects more than 1,300 hospitals, thousands of
ambulatory practices and long-term post-acute care (LTPAC) providers, as well
as accountable care organizations (ACOs) and every national health plan in the
country, across a 39-state network.
- With the acquisition of
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M&A: Olive Acquires AI Prior Authorization Company Verata Health
What You Should Know:
- On the heels of $225.5 million dollars in funding and a
$1.5B valuation this week, Olive today announced its acquisition of Verata
Health to create a combined AI prior authorization solution for providers and
payers under the Olive name.
- Prior authorization is a $31 billion dollar issue in
healthcare, and one of the top reasons patient care is delayed. Olive is now
able to reduce write-offs by over 40% and cut turnaround times for prior
authorizations by up to
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