Atrium Health, Wake Forest Baptist Health and Wake Forest University today announced the signing of a Memorandum of Understanding to merge that will establish a next-generation academic healthcare system. If approved, the mega-merger will enable three leading healthcare organizations to invest in the health and well-being of people throughout the region, as well as contribute ground-breaking research and innovation to the world. The organizations have agreed to start a period of exclusive
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
NTT DATA Services Acquires Cognosante’s Healthcare IT Consulting Division
NTT DATA Services, a provider of global technology services has acquired Cognosante Consulting, LLC, the consulting division of Cognosante, a provider in health information technology solutions and services for federal and state health agencies.Cognosante Consulting OverviewCognosante Consulting provides IT strategy, planning, quality assurance and project management for state health and human services (HHS) agencies undergoing large-scale Medicaid and related human services IT and business
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HealthAxis Group Acquires BI/Data Warehouse Company Analytics Partners
HealthAxis Group, an IT solutions provider for healthcare payers, including TPA's and insurance companies has acquired Analytics Partners, a provider of business intelligence and data warehouse solutions for healthcare organizations. Under terms of the acquisition, HealthAxis Group will acquire Analytics Partners stock and assets and will begin consolidating all business under the HealthAxis Group brand.Analytics Partners OverviewAnalytics Partners specializes in analytics solutions such as
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TriNetX Acquires European Clinical Data Network InSite
TriNetX, a global health research network that revolutionizes clinical research and enables discoveries through the generation of real-world evidence (RWE) has acquired Belgium-based Custodix NV and its InSite network. InSite network is a European-based provider of services for clinical trial design, patient feasibility, and enabling workflow for patient recruitment. Financial details of the acquisition were not disclosed.
InSite Clinical Data Network Background
The InSite platform is an
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Healthcare M&A: How Carestream Will Change Philips Strategy in Imaging Informatics
Earlier this month, Philips Healthcare announced it had signed an agreement to purchase the IT business (HCIS) of Carestream Healthcare for an undisclosed amount. The deal, expected to close in the second half of the year, is one of the largest M&A moves in the imaging informatics market for some time. While it was one of the worst kept secrets in the industry that the owners of Carestream were looking for a buyer, the decision to split off the HCIS business of Carestream was more of a
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Guardant Health to Acquire Cancer Diagnostic Company Bellwether Bio
Precision oncology company Guardant Health, Inc., announced that it
has entered into a definitive agreement to acquire
Seattle-based Bellwether Bio, an
oncology startup developing next generation cancer diagnostics using cell-free
DNA. The acquisition is expected to close in April 2019. Financial terms of the
acquisition were not disclosed.
Bellwether Bio Background
Spun out of the University of Washington in 2016, Bellwether
Bio (formerly known as Haverhill Genetics) is developing
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India-based Netmeds Acquires Clinic Management Platform KiViHealth
Netmeds, a Chennai, India-based online pharmacy announced on Monday it has reached an agreement to acquire KiViHealth, an India-based clinic management platform in a cash and stock deal. As part of the agreement, Netmeds will invest $10 million (Rs 70 crore) in KiVi Health to integrate and grow the KiViHealth business segment. The acquisition will help Netmeds to transform into a complete healthcare product and service company.
Founded in 2015 by Bhanu Mahajan and Rajandeep Singh,
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Vereco Acquires CynergisTek’s Managed Print Services Business
Vereco, LLC, a provider of healthcare document services, today announced an asset acquisition of CynergisTek’s managed print services (MPS) business. CynergisTek is a provider of healthcare cybersecurity, privacy, and compliance. Vereco’s private equity partner, Stella Point Capital, invested additional equity to fund the transaction. Acquisition Plans for CynergisTekPost-acquisition, Vereco will have 230 employees operating in 49 states. The combined organization’s clients include more than 350
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Teladoc Acquires French Telemedicine Provider MédecinDirect to Expand Global Footprint
Virtual care provider Teladoc Health has acquired Paris, France-based telemedicine provider MédecinDirect to offer its full continuum of services to insurers and employers in Europe’s third largest market. Co-founded by François Lescure and Marc Guillemo in 2008, MédecinDirect’s accredited and mobile platform of medical expertise provides secure and completely confidential, doctors are committed to answering all medical questions by telephone and Internet seven days a week. MédecinDirect
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Hill-Rom Acquires Mobile Communication Platform Voalte for $180M
Mobile technology company Hill-Rom Holdings, Inc., today announced it has acquired Voalte, a Sarasota, FL-based real-time, mobile healthcare communications for $180 million in cash and up to an additional $15 million in payments related to the achievement of certain commercial milestones. For the Hill-Rom, the acquisition will accelerate its capabilities in clinical communication. Founded in 2008, Voalte develops smartphone solutions that simplify caregiver communication. Ranked number-one and
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