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

Intrado Acquires EHR-Embedded Closed-Loop Solution Asparia – M&A

by Fred Pennic 12/22/2020 Leave a Comment

Intrado Acquires EHR-Embedded Closed-Loop Solution Asparia – M&A

Intrado Corporation (“Intrado” or the “Company”), a global leader in technology-enabled services, announced today that it has acquired Asparia, Inc., a leading provider of patient engagement solutions for health systems, hospitals, and medical practices. EHR-Embedded Automated Patient Communication Platform​ Asparia acts as the communications bridge between the EHR and patients. The company’s simple, easy-to-use platform complements existing functions and reduces staff burden
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M&A: Zipari to Merge with Healthx to Create Leading Consumer Experience Platform for Healthcare Payers

by Fred Pennic 12/21/2020 Leave a Comment

Zipari to Merge with Healthx to Create Leading Consumer Experience Platform for Healthcare Payers

What You Should Know: - Zipari, the first and only consumer experience platform built specifically for health insurance, today announced a strategic growth investment from private equity firm Thoma Bravo, valuing the company at more than half a billion dollars. As part of the strategic investment, Zipari will merge with Healthx, a provider of trusted healthcare engagement technologies, to create the leading CX platform and solutions for health insurance payers and third-party administrators.
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M&A: Gainwell to Acquire HMS for $3.4B in Cash

by Fred Pennic 12/21/2020 Leave a Comment

M&A: Gainwell to Acquire HMS for $3.4B in Cash

What You Should Know: - Veritas Capital (“Veritas”)-backed Gainwell Technologies (“Gainwell”), a leading provider of solutions that are vital to the administration and operations of health and human services programs, today announced that they have entered into a definitive agreement whereby Gainwell will acquire HMS, a technology, analytics and engagement solutions provider helping organizations reduce costs and improve health outcomes. - With over 7,500 employees, Gainwell Technologies
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M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B

by Fred Pennic 12/18/2020 Leave a Comment

M&A: Philips Acquires Remote Cardiac Monitoring Platform BioTelemetry for $2.8B

What You Should Know: - Philips acquires BioTelemetry, a U.S. provider of remote cardiac diagnostics and monitoring for $72.00 per share for an implied enterprise value of $2.8 billion (approx. EUR 2.3 billion). - With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services. - BioTelemetry business is expected to deliver double-digit growth and improve its
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M&A: Kyruus Acquires HealthSparq from Cambia Health Solutions

by Jasmine Pennic 12/17/2020 Leave a Comment

M&A: Kyruus Acquires HealthSparq from Cambia Health Solutions

What You Should Know: - Kyruus is acquiring HealthSparq from Cambia Health Solutions, a family of more than 20 companies working to make healthcare more economically sustainable and efficient for people and their families. - HealthSparq is a healthcare guidance and transparency technology company serving the health plan market. - With the acquisition, the combined entity now serves more than 60 health systems and 100 health plan brands nationwide. Kyruus, the leader in provider
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M&A: Cedar Gate Acquires Deerwalk to Enhance Value-Based Care Analytics

by Jasmine Pennic 12/17/2020 Leave a Comment

M&A: Cedar Gate Technologies Acquires Deerwalk to Enhance Value-Based Care Analytics

What You Should Know: - Cedar Gate acquires Deerwalk, an innovative population health management, data management, and healthcare analytics software company based in Lexington, Massachusetts. - By acquiring Deerwalk, Cedar Gate expands its employer-based offerings with the ability to actively engage employers and ASOs as they manage rising healthcare costs. The combined suite of offerings improves the patient experience and delivers financial sustainability. Cedar Gate Technologies
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M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

by Fred Pennic 12/16/2020 Leave a Comment

M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

What You Should Know:  - Cerner announces it will acquire Kantar Health, a leading data, analytics, and real-world evidence and commercial research consultancy serving the life science and health care industry. - This acquisition is expected to allow Cerner’s Learning Health Network client consortium and health systems with more opportunities to directly engage with life sciences for funded research studies. The acquisition is expected to close during the first half of
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M&A: HealthStream Acquires myClinicalExchange for $4.5M in Cash

by Fred Pennic 12/10/2020 Leave a Comment

HealthStream Acquires myClinicalExchange for $4.5M in Cash

What You Should Know: - HealthStream acquires substantially all of the assets of myClinicalExchange LLC,  for approximately $4.5 million in cash. - For the first time, HealthStream’s footprint expands to include the healthcare workforce before graduation, providing new opportunities to make the transition-to-practice by medical, nursing, and allied healthcare students more seamless. HealthStream, a Nashville, TN-based provider of workforce and provider solutions for the
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M&A: Ro Acquires On-Demand, In-Home Platform Workpath

by Fred Pennic 12/08/2020 Leave a Comment

M&A: Ro Acquires On-Demand, In-Home Platform Workpath

What You Should Know: - Ro announced it has acquired Workpath, a technology platform that powers on-demand, in-home healthcare and diagnostics services nationwide. - Through this acquisition, Ro’s platform will now uniquely bring together a patient's doctor, pharmacy, and diagnostics/lab--offering a personalized, end-to-end experience with no insurance required. - Ro is also announcing a partnership with Quest Diagnostics, which operates more than 2,200 locations nationwide, to
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

by Fred Pennic 12/08/2020 Leave a Comment

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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