What You Should Know:
- Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation.
- The acquisition will create the first unified
healthcare payments platform with both commercial and government payer
connectivity, resulting in greater value for providers.
Waystar, a provider of healthcare payments software, today
announced a definitive agreement
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Cone Health to Merge with Sentara Healthcare Totaling $11B in Assets
What You Should Know:
- Cone Health has signed a letter of intent to merge with
Norfolk, Virginia-based Sentara Healthcare for a combined $11B in assets.
- The merger creates one large health system totaling of
17 hospitals – 11 Sentara hospitals in Virginia and one in Elizabeth City,
N.C., and five Cone Health hospitals in the area surrounding Greensboro.
Cone Health has signed a letter of intent to merge with Norfolk, Virginia-based Sentara Healthcare. The merger will
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Providence Acquires MEDITECH Consulting Firm Navin, Haffty & Associates
What You Should Know:
- Providence acquires MEDITECH Consulting Firm Navin,
Haffy & Associates to combine with Engage IT Services to become a leading
solutions and services provider for the healthcare industry.
- The two firms are part of Providence Services Group (PSG), a family of top-tier healthcare technology services firms, brought together by Providence Health System, as part of Providence's broader ongoing strategy to launch an independent solutions and
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Medtronic Acquires Smart Insulin Pen Company Companion Medical
What You Should Know:
- Today, Medtronic announced that it will
acquire Companion Medical, the manufacturer of InPen, a smart insulin pen
system paired with an integrated diabetes management app.
- The addition of Companion’s InPen system builds
upon Medtronic's strategic acquisitions of Nutrino and Klue to further
improve overall automated decision-making capabilities and optimizes dosing
decisions using algorithms and AI for patients.
Medtronic,
today announced the
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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical
What You Should Know:
- Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020.
- Deal expected to close in 1H 2021.
- Varian Medical will maintain its brand name and operate “independently”
- Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction.
News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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Analysis: July 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 July 2020.
While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23. More notably, the Nasdaq has outperformed
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Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know
What You Should Know:
- Teladoc Health to merge with Livongo for $18.5B in cash
and stock to create a powerhouse leader in consumer-centered virtual care.
- Teladoc Health shareholders will own approximately 58
percent and existing Livongo shareholders will own approximately 42 percent of
the combined company.
- Jason Gorevic, current CEO of Teladoc Health, will be
the CEO of the combined company.
Teladoc Health
(TDOC) and Livongo (LVGO), today
announced that they have entered
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Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization
What You Should Know:
- Centauri Health Solutions acquires Applied Revenue
Analytics (AppRev) for undisclosed terms to enhance Centauri’s market
leadership in hospital revenue cycle optimization.
- AppRev delivers technology-enabled revenue cycle
optimization services in a Software-as-a-Service (SaaS) model.
Centauri Health
Solutions (“Centauri” or the “Company”), an innovative healthcare
technology and services company, announced today that it has acquired
Applied Revenue Analytics
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DAS Health Acquires Managed IT Services and CyberSecurity Company Technology Seed
- Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition
DAS Health Ventures, Inc., a provider of health IT and management, announced today it completed the acquisition of Technology Seed, LLC, a managed IT and cybersecurity services company based in Salem, NH. This acquisition strengthens DAS’ position in the MSP sector and significantly advances its growth strategy to
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Ciox Health Acquires Biomedical NLP Company Medal
What You Should Know:
- Ciox Health has acquired Medal, Inc., a biomedical
Natural Language Processing (biomed-NLP) technology company.
- The acquisition will lead Ciox to better and more
quickly enable real-world data in support of research that advances patient
care.
Ciox
Health, a leading health technology company, today announced its acquisition
of San Francisco-based biomedical Natural Language Processing (biomed-NLP)
technology company, Medal, Inc., a leader
in
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