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

Apple Quietly Acquires Childhood Asthma Monitoring Startup Tueo Health

by Fred Pennic 05/24/2019 Leave a Comment

Apple Quietly Acquires Asthma Monitoring Sensor Startup Tueo Health

Apple quietly acquired Tueo Health, a digital health startup developing a solution to assist parents in monitoring asthma-related symptoms in sleeping children, reports CNBC. The exact date of the acquisition is not known; however, Tueo's CEO and COO, Brownwyn Harris and Anura Patil, changed their employers from Tueo to Apple on LinkedIn in late 2018. Sleep Sensors for Data-Driven Asthma Management About 10% of children between 5-17 years of age, or more than 7 million kids in the US
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Nuvi Acquires Patient Experience Platform Banyan

by Fred Pennic 05/24/2019 Leave a Comment

Nuvi Acquires Patient Experience Platform Banyan

Nuvi, an enterprise social management software, today announced its acquisition of Banyan, Orem, Utah-based patient experience software company that provides best-in-class digital marketing, reputation management, and patient communications solutions. Financial details of the acquisition were not disclosed.Why Banyan?Founded in 2013, Banyan’s platform grants healthcare providers the ability to connect with their patients through their HIPAA-compliant social media application, enhancing the
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Healthcare M&A: Agfa to Consider Selling Health IT & Integrated Care Business

by Alex Green, Director at Signify Research 05/24/2019 Leave a Comment

Healthcare M&A: Agfa to Consider Selling Health IT & Integrated Care Business

 Last week Agfa announced its Board of Directors would investigate the sale of part of Agfa HealthCare, specifically, the business tied to its EMR and integrated care offerings. The facts are:·   In March 2019, Agfa initially stated that it would further extend the independence of Agfa HealthCare.·   It has now expanded on what this could potentially look like, stating it will explore selling is Hospital IT and Integrated Care solutions.·   In terms of its reportable business this is largely the
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WELL Health Acquires Ontario Open Source EMR OSCARprn for $876k

by Fred Pennic 05/23/2019 Leave a Comment

WELL Health Acquires Ontario Open Source EMR OSCARprn for $876k

WELL Health Technologies Corp. ("WELL"), a Vancouver, Canada-based company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector has acquired Ontario-based EMR provider OSCARprn – Treatments Solutions Ltd. OSCARprn is a trusted provider of EMR software, support and other services that work with OSCAR, an open source EMR platform developed by McMaster University in Hamilton, Ontario.OSCARprn Background/OverviewOSCARprn is one of only three
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JPMorgan Chase to Acquire Healthcare Payments Solution InstaMed

by Fred Pennic 05/17/2019 Leave a Comment

InstaMed Brings Apple Pay to Healthcare For First Time

JPMorgan Chase & Co., today announced its plan to acquire InstaMed, a Philadelphia-based healthcare payment network provider connecting providers, payers, and consumers on one platform. The acquisition will expand the bank's suite of payment services designed specifically for healthcare consumers, providers, and payers.Why InstaMed?U.S. healthcare spending is over $3 trillion and is challenged by significant transaction friction and inefficiency. Legacy approaches to bill pay, claims
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Discovery Health Partners Acquires HealthMind to Expand Revenue Integrity Solution Portfolio

by Fred Pennic 05/16/2019 Leave a Comment

Discovery Health Partners Acquires HealthMind to Expand Revenue Integrity Solution Portfolio

Discovery Health Partners, an industry leader dedicated to helping healthcare payers solve payment and revenue integrity challenges to improve financial outcomes, today announced they have acquired HealthMind, LLC (formerly known as Datametrix Inc.Founded in 2005, HealthMind specializes in pre- and post-payment services that ensure correct payment for both contracted and non-contracted providers using a continuous-looped platform with Dynamic Discovery.Rise of Healthcare SpendingWith U.S.
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Harris Healthcare Group Acquires Clinical Communications Platform Uniphy Health

by Fred Pennic 05/08/2019 Leave a Comment

Uniphy Health

Harris Computer Systems ("Harris"), today announced it has acquired Uniphy Health, an enterprise clinical communication, and collaboration platform through its Healthcare group. The acquisition will help extend Harris’ suite of clinical solutions in the acute and post-acute care settings to offer new ways to improve care coordination, physician and patient engagement.Uniphy Health BackgroundFounded in 2013, Uniphy Health is a secure and HIPAA-compliant clinical communication platform built for
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AMN Healthcare to Acquire Advanced Medical for $200M

by Jasmine Pennic 05/01/2019 Leave a Comment

AMN Healthcare to Acquire Advanced Medical for $200M

AMN Healthcare Services, Inc. (AMN), a nationwide healthcare workforce solution and staffing services, today announced a definitive agreement to acquire Advanced Medical Personnel Services, Inc. (Advanced) for $200 million. Advanced is an innovative healthcare staffing company that specializes in placing therapists and nurses in contract positions across multiple settings including hospitals, schools, clinics, skilled nursing facilities, and home health. Advanced Medical works with Occupational
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CareDx Acquires OTTR for $16M to Enable EMR Integrations at Transplant Centers

by Jasmine Pennic 04/29/2019 Leave a Comment

CareDx Acquires OTTR for $16M to Enable EMR Integrations at Transplant Centers

CareDx, Inc., a molecular diagnostics company focused on the discovery, development, and commercialization of clinically differentiated, high-value diagnostic solutions for transplant patients has agreed to acquire OTTR Complete Transplant Management (“OTTR”), a provider of organ transplant patient tracking software.Financial DetailsCareDx will pay approximately $16M to acquire OTTR and intends to fund the transaction with cash on hand. For the full year 2019, OTTR’s revenue is projected to be
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CPSI to Acquire Patient Engagement Company Get Real Health for $11M

by Fred Pennic 04/24/2019 Leave a Comment

CPSI to Acquire Patient Engagement Company Get Real Health for $11M

 CPSI, a community healthcare solutions company has reached an agreement to acquire Get Real Health, a Rockville, MD-based comprehensive patient engagement platform for $11 million in cash. CPSI is the parent of three companies – Evident, LLC, American HealthTech, Inc. and TruBridge, LLC. The acquisition will allow CPSI to advance their ability to care for patients outside the walls of a community healthcare facility.Value-Based Care Creating New Demands for Patient EngagementValue-based care
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