- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
VirTrial Acquires Virtual Care Management Platform SnapMD
- VirTrial acquires SnapMD, a Los Angeles, CA-based full-service enterprise telehealth technology innovator, and solutions provider.- The acquisition supports VirTrial’s goal of making hybrid decentralized clinical trials seamless for sponsors, sites, and patients. - Financial details of the acquisition were not disclosed.VirTrial, a portfolio company of Kinderhook Industries, LLC, announced today the acquisition of SnapMD, an LA-based provider of telemedicine tools and services that improve
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VerityStream Acquires CredentialMyDoc for $9M in Cash
- VerityStream acquires CredentialMyDoc, a Savannah, GA-based web-based, software for credentialing and provider for $9M in cash. - The acquisition of CredentialMyDoc bolsters VerityStream’s leadership position in the outpatient facility market segment.VerityStream, f/k/a Verity, a wholly owned subsidiary of HealthStream (Nasdaq: HSTM), which is focused on delivering enterprise-class solutions that are transforming credentialing, enrollment, privileging, and evaluations for healthcare
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ESO Acquires Trauma Registry Software Clinical Data Management
- ESO acquires Clinical Data Management (CDS) to extend its product portfolio in the trauma registry market.- CDS’s innovative trauma registry software will help drive data collection and analysis across the healthcare spectrum to improve patient safetyESO, an Austin, TX-based data and software company serving emergency medical services (EMS), fire departments and hospitals, announces it has acquired Clinical Data Management (CDS) to extend its product portfolio in the trauma registry market. By
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Corrona Acquires Patient Experience Company HealthiVibe
- Corrona acquires patient experience company HealthiVibe to further expand its presence in the patient experience marketplace. - HealthiVibe uses a systematic, evidence-based process to help pharmaceutical clients spearhead patient engagement initiatives at every stage of the product lifecycle.Corrona, LLC, a provider of real-world observational and syndicated registry data, announced today that it has acquired HealthiVibe, LLC, an Arlington, VA-based patient experience company. Financial
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Analysis: November 2019 Health IT M&A Activity, Public Company Performance
– Healthcare Growth Partners' (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of November 2019We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached
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Waystar Acquires AI-Powered Revenue Cycle Platform Recondo Technology
- Waystar acquires Recondo Technology, a provider of revenue cycle automated solutions powered by robotic process automated (RPA). - Recondo brings additional artificial intelligence and machine-learning technologies to Waystar’s broad portfolio of solutions.- With new capabilities, improved data efficacy and a larger team, Waystar can help healthcare organizations consolidate vendors and capture more revenue.Waystar, a provider of revenue cycle technology, today announced the acquisition of
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Dedalus to Acquire Agfa’s HCIS Business: Impact on European EMR Market
Yesterday Agfa announced it had entered exclusive negotiations with Dedalus Holding to sell part of its Healthcare IT business, specifically the business tied to its EMR and Integrated Care offerings. The facts are:- In May 2019 Agfa stated it would explore selling its Hospital IT and Integrated Care (HCIS) solutions business.- This process was brought a step forward towards the conclusion yesterday with the announcement that the deal (valued at €945M) would be completed during Q2 2020, and
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Elsevier Acquires 3D Anatomy Platform 3D4Medical
- Elsevier acquires Dublin, Ireland-based 3D4Medical, an advanced 3D anatomy platform for an undisclosed sum.
- The 3D4Medical acquisition complements Elsevier's well-established and trusted health education offerings.
Elsevier, a global information analytics business specializing in science and health, and part of RELX, has acquired 3D4Medical, the global anatomy education company headquartered in Dublin, Ireland. With this acquisition, 3D4Medical joins Elsevier's
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XSOLIS Acquires Real-Time, Secure Messaging Platform MEDarchon
- XSOLIS acquires MEDarchon, a health tech firm focused on HIPAA-compliant, real-time secure messaging for hospitals.- The MEDarchon acquisition will extend its operational impact within the hospital and gives new modalities to support nurses and physicians for XSOLIS.- MEDarchon clients will experience no immediate change in service or support.XSOLIS, a Nashville, TN-based company channeling healthcare data into predictive intelligence and action, today announced that it has acquired MEDarchon,
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