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

Accolade Acquires MD Insider for Machine Learning Physician Performance

by Fred Pennic 08/05/2019 Leave a Comment

Accolade Acquires Machine Learning Physician Performance Company MD Insider

Accolade, a Seattle-based leader in personalized advocacy solutions for employers has acquired MD Insider, a Santa Monica, CA-based provider of machine learning-enabled physician performance transparency. Enabled by the acquisition of MD Insider, Accolade is launching new solution called Accolade Total Care that combines data-driven physician quality insights with cost transparency to ensure members have the best health outcomes while reducing costs for them and their employers.Machine Learning
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DAS Health Acquires Health IT and Medical Billing Conglomerate

by Fred Pennic 08/02/2019 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

DAS Health, an industry leader in health IT and management, announced today it completed the acquisition of a Milwaukee-based healthcare solutions conglomerate, including WRT Specialties, Inc., Easy PC Solutions, LLC, EasyMed Billing, LLC and Houston-based Systech Solutions. This follows DAS’ acquisition of Houston-based Altex Business Solutions earlier this year, and three Chicago-based companies at the end of 2018. Financial details of the acquisition were not disclosed.DAS Health Growth
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Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

by Fred Pennic 08/02/2019 Leave a Comment

Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

Karate Health merges with Progentec to pursue comprehensive disease management solutions for lupus and multiple sclerosis (MS) that combine laboratory testing with digital technologies. Progentec Diagnostics, Inc. and Karate Health, Inc. announced that they have merged, offering laboratory testing and digital technologies for the diagnosis and management of lupus (SLE), multiple sclerosis (MS), and other autoimmune diseases. The merger is a substantive step towards the Progentec mission of
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D2 Consulting Acquires Patient Engagement Company WorkUp

by Fred Pennic 07/22/2019 Leave a Comment

D2 Consulting Acquires Patient Engagement Company WorkUp

Life sciences consulting firm D2 Consulting, today announced it has acquired Brooklyn, NY-based patient engagement company WorkUp, Inc. The acquisition expands D2’s existing technology solutions, providing value-added support for clients, including manufacturers, specialty pharmacies, HUBs, payers, pharmacy benefit managers and integrated delivery networks.Founded in 2013 to support high maintenance patients, WorkUp’s patient engagement solution, Status improves operational efficiencies and
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ECG and Oncology Resource Consultants Merge to Expand Oncology Consulting Practice

by Jasmine Pennic 07/19/2019 Leave a Comment

ECG and Oncology Resource Consultants Merge to Form Oncology Consulting Practice

ECG Management Consultants (ECG), a national healthcare consulting firm, announced the expansion of its oncology consulting practice through a merger with Oncology Resource Consultants (ORC). By acquiring the ORC, ECG continues to build on its commitment to excellence in client services and expanding its oncology advisory expertise.Founded in 1990, ORC has provided the oncology community with strategic cancer center and facilities planning, coupled with operations improvement and implementation
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Philips Acquires Patient Navigation Platform Medumo

by Fred Pennic 07/17/2019 Leave a Comment

Philips Acquires Patient Navigation Platform Medumo

Philips has acquired Boston-based patient navigation platform Medumo for an unclosed sum, according to CBNC reports. Founded in 2013, Medumo helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. The company has raised a total of $2.1M. Its patient navigation platform ensures that patients appropriately schedule, show up on time, have all their pre-appointment tasks completed, and continue to follow instructions when they go home after their
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OSF Healthcare In Talks To Merge With Little Company of Mary Hospital, Expected to Close Early 2020

by Jasmine Pennic 07/17/2019 Leave a Comment

OSF Healthcare In Talks To Merge With Little Company of Mary Hospital, Expected to Close Early 2020

OSF HealthCare and Little Company of Mary Hospital and Health Care Centers have entered into a period of exclusive negotiations for a full merger. Over the next several months, the two healthcare organizations finalizing agreements and seeking the necessary regulatory and canonical approvals. Expected to finalize in early 2020, the merger would allow OSF HealthCare and Little Company of Mary to share services, develop and expand academic partnerships, and create strategies to meet the unique
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Why Hospital M&A Activity Must Include Plans for EHR Data Integration

by Erica Garvin 07/17/2019 Leave a Comment

How to Solve the Hospital M&A Crisis

John Walton, a data expert who worked under Ross Perot, shares his insights on how organizations can successfully come together without coming undone. Data—it’s the thread that promises to tie merging healthcare entities together, but more often than not, it can feel more like the primary source of its unraveling. So why are newly merged and acquired health organizations, particularly hospitals, feeling so threadbare? Despite the belief that such a move will make data sharing easier, evidence to
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Rhapsody and Corepoint Merge to Support Healthcare Interoperability Initiatives Including FHIR

by Jasmine Pennic 07/10/2019 Leave a Comment

Rhapsody and Corepoint Merge to Support Healthcare Interoperability Initiatives Including FHIR

Rhapsody, a Boston-based international leader in healthcare interoperability and data connectivity solutions, has announced an agreement to merge with Corepoint Health, a provider of enterprise healthcare interoperability software solutions, to develop a next generation interoperability platform and enhance data integration and connectivity for existing and future customers. The companies will continue to operate as two separate entities for the foreseeable future. Combined Entity Supports
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Waystar Acquires AI Firm Digitize.AI to Tackle Prior Authorizations

by Fred Pennic 07/10/2019 Leave a Comment

Waystar Acquires AI Firm Digitize.AI to Tackle Prior Authorizations

Bain-Capital-backed revenue cycle management company Waystar is acquiring Digitize.AI, an artificial intelligence firm, to enable faster and smarter prior authorizations in healthcare – one of the largest pain points for both providers and consumers.Financial Impact of Prior AuthorizationsPrior authorizations, the process by which insurance companies and payers determine if they will cover a prescribed procedure or medication, are meant to help patients avoid surprise bills and unexpected
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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