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

Press Ganey Acquires Doctor.com, Acquires Majority Stake in Binary Fountain

by Fred Pennic 10/14/2020 Leave a Comment

Press Ganey Acquires Doctor.com, Acquires Majority Stake in Binary Fountain

What You Should Know: - Press Ganey advances the healthcare consumerism movement with acquisitions of Doctor.com and a majority stake in Binary Fountain. - Expanded technology platform enables industry-leading management of providers’ online brand and seamless Web-wide patient acquisition and loyalty strategies. Press Ganey today announced the expansion of its market-leading health care consumerism platform with the acquisitions of Doctor.com and a majority equity stake in Binary
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WellSky Acquires CarePort Health from Allscripts for $1.35B

by Jasmine Pennic 10/14/2020 Leave a Comment

WellSky Acquires CarePort Health from Allscripts for $1.35B

What You Should Know: - Health technology leader WellSky has agreed to acquire CarePort Health to power coordinated care transitions for acute and post-acute care patients for $1.35B. - By providing end-to-end visibility across the continuum, WellSky and CarePort can improve outcomes, lower costs, and increase patient satisfaction. WellSky, a global health, and community care technology company, announced today that it has entered into a definitive agreement with Allscripts to
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HealthStream Acquires Nurse Scheduling Solution ShiftWizard for $32M

by Fred Pennic 10/12/2020 Leave a Comment

HealthStream Acquires Nurse Scheduling Solution ShiftWizard for $32M

What You Should Know: - HealthStream acquires ShiftWizard, a SaaS-based nurse scheduling software saves your hospital time & money with an innovative scheduling solution and mobile app made by nurses, for nurses. - HealthStream acquired ShiftWizard, Inc. for approximately $32.0 million in cash, subject to working capital and other customary purchase price adjustments. HealthStream today announced that it has acquired ShiftWizard, Inc., a Raleigh, North Carolina-based company
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TrustHCS, Visionary RCM, T-System, RevCycle+ Merge to Form New Entity CorroHealth

by Fred Pennic 09/30/2020 Leave a Comment

TrustHCS, Visionary RCM, T-System, RevCycle+ Merge to Form New Entity CorroHealth

What You Should Know: - CorroHealth – a newly-formed entity – combines the services and technologies of TrustHCS, Visionary RCM, T-System, and RevCycle+. - Under this new entity, CorroHealth is committed to helping clients navigate regulatory compliance complexities, ease physician burdens and improve financial outcomes. Today, four revenue cycle management services and technology organizations have merged together as a newly-formed entity—CorroHealth. TrustHCS, Visionary RCM,
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M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

by Jasmine Pennic 09/24/2020 Leave a Comment

M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

What You Should Know: - Health insurer Anthem is in late-stage negotiations to acquire home healthcare benefits manager CareCentrix, according to PE Hub. - PE Hub reports that customer concentration issues have been a factor in negotiations; however, the deal is far from certain. - Backed by growth private equity firm Summit Partners, East Hartford, CT-based CareCentrix provides specialty benefit management services to health plans, improving quality and reducing costs in several
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Parexel Acquires Healthcare NLP Provider Roam Analytics

by Jasmine Pennic 09/23/2020 Leave a Comment

Parexel Acquires Healthcare NLP Provider Roam Analytics

What You Should Know:   - Parexel acquires healthcare software company Roam Analytics, Inc. to strengthen and enhance Parexel’s pharmacovigilance (PV) services. - The acquisition provides significant opportunities to apply Roam Analytics’ natural language processing (NLP) technology to further streamline and extract insights from unstructured data. - Parexel will also use Roam’s AI technology to leverage various data, from clinical notes, medical images, patient surveys,
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M&A: Provation Acquires Perioperative Care Coordination Platform ePreop

by Fred Pennic 09/16/2020 Leave a Comment

Provation Acquires Perioperative Care Coordination Platform ePreop

What You Should Know: - Provation announces the acquisition of ePreop, a comprehensive perioperative care coordination, and quality reporting solutions for an undisclosed sum. - Acquisition creates a comprehensive clinical productivity SaaS platform, streamlining workflows, and documentation from patient intake and pre-op through recovery and follow-up. Provation, a software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital
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Revint Merges with Triage to Deliver Comprehensive Revenue Integrity

by Fred Pennic 09/14/2020 Leave a Comment

Revint Merges with Triage to Deliver Comprehensive Revenue Integrity

What You Should Know: - Revint, a leader in technology-enabled revenue integrity solutions for healthcare providers, announced they will be merging with Triage Consulting Group, one of the nation’s premier healthcare revenue integrity companies. - With this merger, Revint continues to invest in its technology and product solutions that recover revenue through a guaranteed ROI model that hospital systems can depend on. Revint Solutions, a leader in technology-enabled revenue integrity
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Radiology Partners Acquires MEDNAX Radiology Solutions for $885M

by Fred Pennic 09/14/2020 Leave a Comment

Radiology Partners Acquires MEDNAX Radiology Solutions for $885M

What You Should Know: - Radiology Partners acquires MEDNAX Radiology Solutions, a division of MEDNAX, Inc. for $885M in cash. - The acquisition accelerates Radiology Partners’ mission to transform radiology, offer unparalleled clinical value and service at scale, and further elevate the role of radiologists within the healthcare field. Radiology Partners (RP),a radiology practice in the U.S., announced a definitive agreement to acquire MEDNAX Radiology Solutions, a division
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Verisk Acquires MSP Compliance Provider Franco Signor for $160M

by Fred Pennic 09/11/2020 Leave a Comment

Verisk Acquires MSP Compliance Provider Franco Signor for $160M

What You Should Know: - Verisk acquires Franco Signor, a Bradenton, FL-based full-service provider of MSP compliance software and services for $160M. - Property/casualty insurers, self-insureds, and TPAs will benefit from the most comprehensive suite of fully integrated Medicare compliance solutions and greater access to the nation’s top Medicare experts. Verisk, a data analytics provider, announced today that it has acquired Franco Signor, a Medicare Secondary Payer (MSP) service
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