What You Should Know:
- HealthEdge Software announces the acquisition of The Burgess
Group, LLC (“Burgess”), an innovative payment integrity software company
focused on improving healthcare payment operations for an undisclosed sum.
- The strategic acquisition will boost Health Edge’s position in
the payment integrity market and extends best-in-class claims processing to
include software-driven payment integrity
- Burgess’ product, Burgess
Source®, is the first solution to natively
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Curavi Health, CarePointe, U.S. Health Systems Merge to Form Arkos Health to Power Virtual Care for Seniors
Curavi Health, CarePointe, U.S. Health Systems announced a merger agreement to form Arkos Health. Arkos Health will provide virtual care solutions and health insights to vulnerable populations across the United States. These three entities will become wholly-owned subsidiaries of Arkos Health, and the executive leadership teams will be merged. UPMC will continue to own a financial stake in Arkos Health, while remaining both a customer and service provider.
CarePointe, founded in 2015 and
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Health Catalyst Acquires Clinical Workflow Optimization Solution healthfinch
What You Should Know:
- Health Catalyst announces an agreement to acquire
clinical workflow optimization solution healthfinch using a mix of stock and
cash.
- As part of the acquisition, healthfinch will be a new
application suite category called EMR Embedded Insights and its refills, care
gaps closure, and visit planning applications will continue to be available in
their original configuration.
Health
Catalyst, Inc., a provider of data and analytics technology and services
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Brainlab Acquires Medical Video Game Innovator Level Ex
What You Should Know:
- Brainlab, a digital medical technology company based in
Munich, Germany has acquired Level Ex, a digital health startup creating
medical video games designed to advance the clinical skills of physicians and
surgeons.
- The acquisition will accelerate product development, allow Level Ex to enter new clinical areas faster, and expand its footprint in global markets, benefitting more medical professionals across a wider-range of specialties and cases.
- Level Ex
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Cedar Gate Technologies Acquires Citra Health Solutions to Expand Value-based Technology
Cedar Gate Technologies
(Cedar Gate), a Greenwich, CT-based value-based care
performance management company, today announced its acquisition
of Citra Health Solutions (Citra), a
provider of capitation management software solutions.
Expands Value-Based Care Technology Suite with Citra's Capitation
Management Solutions
By acquiring Citra, Cedar Gate expands its software and
services capabilities across the full spectrum of value-based care. By
combining Cedar Gate's existing capabilities in
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MTBC Acquires RCM Vendor Meridian Medical Management
What You Should Know:
- MTBC acquires Meridian Medical Management, a former GE
Healthcare IT company to enhance its cloud-based healthcare IT solutions and
services.
- Meridian Medical Management has been providing revenue cycle
management solutions to the ambulatory medical practice management marketplace
for over 20 years.
MTBC, Inc., a Somerset,
NJ-based provider of cloud-based
healthcare IT solutions and services announced it has acquired
Meridian Medical Management
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M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business
Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to:
- Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad).
- Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group.
Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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Walmart Acquires Medication Management Platform CareZone for $200M to Enhance Digital Health & Wellness Capabilities
What You Should Know:
- Walmart acquires app-based patient medication management
platform CareZone for reportedly $200M to enhance its digital health and
wellness capabilities.
- CareZone’s technology and team members will join
Walmart to augment their current Health & Wellness capabilities and support
its focus on digital health care solutions. CareZone will remain a separate
company unrelated to Walmart.
Walmart announced
it has acquired
CareZone, a San Francisco,
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Unite Us Acquires SDoH Data Analytics Company Staple Health to Expand Capabilities
What You Should Know:
- Unite Us acquires social determinants of health (SDoH)
analytics company Staple Health to greatly expand its valuable predictive data
analytics capabilities.
- Predictive analytics and outcome data are essential as
Unite Us supports local communities, addressing needs and providing proactive
social care infrastructure where it is lacking.
- The acquisition of Staple Health brings 10 years of
data experience and a database of 270M individuals, with notable
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Foundation Medicine Acquires Precision Oncology Company Lexent Bio
What You Should Know:
- Foundation Medicine acquires Lexent Bio, a precision oncology company developing novel liquid biopsy platforms.
- The acquisition will accelerate Foundation Medicine’s liquid biopsy R&D and advance cancer care through an expansion of multiomics capabilities.
Foundation Medicine, Inc., announced that it has completed the acquisition
of Lexent Bio, Inc., a precision oncology
company located in California, developing novel multiomics liquid biopsy
platforms
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