“It does not do to leave a live dragon out of your calculations if you live near him.”
That sage advice from an unlikely business strategist—The Hobbit wizard, Gandalf—is germane to the need to address risks of serpent-like monsters. It also applies to the peril faced by hospitals when buyers and sellers neglect to calculate data management into the timeframe of M&A transitional service agreements (TSAs). The wrong TSA timeframe threatens the success of all transactions and each company’s
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
CHG Healthcare Acquires Physician Credentialing Company Modio Health
- CHG Healthcare has acquired physician credentialing company Modio Health for an undisclosed term. - Modio and CHG are combining forces to improve credentialing for CHG employees and the thousands of providers and healthcare facilities it works with, making the process faster, safer, and more cost-effective.Healthcare staffing company CHG Healthcare has acquired Modio Health, a San Francisco, CA-based physician credentialing provider. The acquisition will improve credentialing for Change
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Cerner Acquires Strategic Health IT Consulting & Engineering Firm AbleVets
- Cerner announced it will acquire strategic health IT consulting and engineering firm AbleVets as a wholly-owned subsidiary. - The acquisition will help Cerner expand its scale and expertise in implementing health IT modernization solutions in the federal market.Today, Cerner Corporation announced a definitive agreement to acquire AbleVets—a strategic health IT consulting and engineering firm—as a wholly-owned subsidiary. Through its work with civil and defense health agencies, AbleVets
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RLDatix to Acquire Quantros’ Patient Safety Business to Extend Reach Into GRC
- RLDatix has acquired Quantros Inc.’s patient safety business with more than 800 hospitals and health system customers across the United States. - All Quantros Safety Suite customers leveraging their safety solutions and modules will transition to RLDatix. - Quantros staff focusing on the patient safety business will also join RLDatix to ensure no disruption in service or support for Safety Suite users.RLDatix, a provider of governance, risk, and compliance (GRC) solutions that drive patient
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Appriss Health Acquires Behavioral Health Platform OpenBeds
- Appriss Health acquires cloud-based behavioral health platform OpenBeds to remove gaps in behavioral health treatment referrals. - OpenBeds ensures that providers don't spend hours of their day manually trying to find treatment facilities for patients, because the data is available to them within minutes.- The acquisition of OpenBeds helps Appriss Health to build on its efforts to address the complex and changing opioid crisis plaguing communities through proven solutions for patient
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WebMD Acquires Digital Health Engagement Solution Aptus Health
- WebMD enters an agreement to acquire Aptus Health, a digital health engagement solution for health and life sciences companies.
- The acquisition includes Aptus Health’s core brands Univadis, EngagedMedia, and Tomorrow Networks.
- Aptus Health will continue to operate as an independent subsidiary of WebMD, as the companies build on and integrate products, platforms, and services.
WebMD Health Corp today
announced that it has entered into an agreement to acquire
Aptus Health,
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ECG Management Consultants Joins Siemens Healthineers As Stand-Alone Unit
- ECG Management Consultants joins Siemens Healthineers and will operate as a stand-alone unit as part of the global Enterprise Services business of Siemens Healthineers.
- ECG, as a separate consulting business, will continue to focus on strategic, financial, operational, and information technology services and operate independently of the medical technology business of Siemens Healthineers.
- As part of the agreement, Siemens Healthineers will acquire a majority stake in ECG
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PE Firm Warburg Pincus Acquires CareLogic Behavioral Health EHR Platform
- Private equity firm Warburg Pincus has acquired CareLogic behavioral health platform to accelerate product development and expand sales and marketing efforts.
- Qualifacts' CareLogic Enterprise Software is a comprehensive Electronic Health Record (EHR) designed for behavioral health, mental health, & human services.
- The partnership will also help the company identify strategic relationships and acquisition opportunities.
Warburg Pincus,
a healthcare technology
private
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Lafayette General Health Signs Intent to Merge with Ochsner Health System: 7 Things to Know
- The Board of Trustees of Lafayette General Health and Ochsner Health System have signed a letter of intent for Lafayette General to merge with Ochsner Health System.
- Ochsner will invest $365 million in capital and resources in Acadiana over the next 10 years.
- A 10-year, $10 million Community Support Fund overseen by the Lafayette General Board will be created to advance health and wellness in Acadiana.
- $1 million will be invested in the Healthcare Innovation Fund at the
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EMPATHIQ Acquires Patient Experience & Reputation Platform Rivews
- EMPATHIQ acquires Rivews, a patient experience and reputation platform that enables healthcare organizations in instantly connecting with patients via text-message post-care.
- The acquisition will enable EMPATHIQ to further advance from its current online reporting and monitoring platform to enabling healthcare organizations in the collection of real-time patient feedback and surveys after-care.
- To date, Rivews has identified over 32,500 patient complaints with 17,500 of them
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