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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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
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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Philips to Acquire Carestream Health’s Health IT Business Unit
Royal Philips has signed an agreement to acquire Carestream Health’s healthcare information systems (HCIS) business unit. Carestream’s HCIS business unit includes enterprise imaging IT solutions for multi-site hospitals, radiology services providers, imaging centers and specialty medical clinics. The acquisition of Carestream’s enterprise imaging platform will help expand Philips’ healthcare IT business portfolio of VNA, diagnostic and enterprise viewers, multimedia reporting, workflow
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PointClickCare Acquires Senior Living EHR & eMAR Vendor QuickMAR
PointClickCare Technologies, a cloud-based EHR for long-term post-acute care (LTPAC) and senior living industries has acquired QuickMAR, an eMAR & EHR for long-term care, group homes and assisted living facilities. The combination of two leading organizations will offer senior living customers and pharmacy partners greater flexibility in how they adopt and scale their resident care strategies while working through a single technology vendor.Founded in 2007, QuickMAR is an EHR and eMAR
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AbleTo Acquires Digital Therapy App Joyable to Strengthen Virtual Behavioral Healthcare
AbleTo, Inc., a provider of virtual behavioral healthcare proven to improve clinical outcomes and lower healthcare costs has acquired Joyable, an app-based digital therapy innovator. The acquisition strengthens AbleTo's high-quality virtual behavioral healthcare with a digital platform that delivers clinically-based therapies supported by coaches to help individuals overcome depression, generalized anxiety, and social anxiety.Founded in 2014, Joyable offers users expert-designed digital
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Accenture Acquires Ireland-based Life Sciences Firm ESP
Accenture, today announced it is acquiring Enterprise System Partners (ESP), an Ireland-based consulting and manufacturing services provider for the life sciences industry. As part of the acquisition, ESP will join Accenture Industry X.0, which helps clients master the digital reinvention of industry, strengthening Accenture’s capabilities to transform manufacturing for pharmaceutical, biotech and medical device clients globally.The combination of ESP’s digitally-enabled manufacturing services
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