Prenetics, a Southeast Asia-based global genetics, and digital health company announced it has acquired Kelaa App, the core product of Soma Analytics and associated assets. Founded in Germany in 2013, the Kelaa’ smartphone app available on Apple and Android devices provides tailored recommendations on how to deal with day-to-day stresses through bite-sized personalized daily sessions for employees and businesses. Used by a number of Britain’s leading medium to large enterprises, including
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
BioTelemetry Acquires Cardiac Remote Monitoring Startup Geneva Healthcare for $45M
BioTelemetry, a provider of remote and wireless medical technology announced it has agreed to acquire Geneva Healthcare, a provider of remote implantable cardiac device-monitoring services. Under terms of the acquisition agreement, BioTelemetry will pay $45M in cash upfront plus potential earn-outs of at least $20M. Geneva generated $6M in revenue in 2018. Founded in 2011 by a team of cardiologists and user experience designers, Geneva has developed a proprietary cloud-based platform that
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EBSCO Health Acquires Clinical Decision Support Tool HealthDecision
EBSCO Health, a provider of evidence-based clinical information tools has acquired HealthDecision, a decision support and shared decision-making tool for clinicians and patients. Founded in 2004, HealthDecision’s visual representation of medical outcomes is educational, easy-to-use and facilitates discussion between the clinician and patient to mutually agree on a personalized treatment plan.Developed by clinicians with subject matter expertise, HealthDecision integrates medical literature
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PerfectServe Acquires Secure Communication Platform Telmediq
PerfectServe, a provider of cloud-based clinical communication and collaboration (CC&C) solutions, announced the acquisition of secure communications platform Telmediq . The combined power of PerfectServe and Telmediq to connect physicians and nurses across the healthcare continuum creates a clear choice for healthcare organizations looking for a wide-ranging care team collaboration functionality, higher service levels and the latest advancements in technology. Telmediq unifies
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Definitive Healthcare Acquires HIMSS Analytics’ Data Services Business
Definitive Healthcare, a provider of data, intelligence, and analytics on the healthcare provider market, announced today that it has acquired the vendor data services business of HIMSS Analytics, which includes the Logic, Predict, Analyze and custom research products. The acquisition will build on the Definitive's articulated growth strategy to deliver the most reliable and consistent view of healthcare data and analytics available in the market.“HIMSS Analytics has developed an extraordinarily
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2018 Healthcare M&A in Review: 4 Trends Reshaping the Healthcare Landscape
The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers (defined as the smaller of two organizations in a transaction) reached $409 million, according to Kaufman Hall's new report, 2018 M&A in Review: A New Healthcare Landscape Takes Shape. This is the highest figure seen since Kaufman Hall began tracking this metric in 2008. It also represents a compound annual growth rate (CAGR) of almost 14 percent in the average
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HealthStream Acquires Providigm for $18M in Cash to Drive Quality Outcomes
HealthStream, a provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired Providigm LLC, a Denver-based company focused on quality assurance and performance improvement in healthcare, primarily serving skilled nursing facilities for approximately $18 million in cash. HealthStream adds to its workforce development solutions with a comprehensive quality management system created by Providigm, known as “abaqis,” which is the leading SaaS-based
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CentralReach Acquires Managed Billing Provider Bronco Billing
CentralReach, a provider of practice management software for ABA clinicians and educators, has recently acquired Bronco Billing, giving customers access to a team of billing experts to expedite the billing process and maximize revenue. The acquisition is an expansion of the existing partnership between Bronco Billing and CentralReach allowing customers to improve their billing process through auto-generated claims, receivables collections, payments, and denial re-submissions, so they can spend
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3M to Acquire M*Modal’s Technology Business for $1B
3M announced a definitive agreement to acquire the technology business of M*Modal, for a total enterprise value of $1 billion dollars. M*Modal is a healthcare technology provider of cloud-based, conversational Artificial Intelligence (AI)-powered systems that help physicians efficiently capture and improve the patient narrative so they can spend more time with their patients and provide a higher quality of care.M*Modal Acquisition DetailsAs part of the acquisition, 3M will maintain a strategic
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PeaceHealth to Acquire On-Demand Healthcare Provider ZOOM+Care
PeaceHealth to acquire ZOOM+Care to expand access to on-demand primary and specialty care for patients across the Pacific Northwest. PeaceHealth, a Vancouver, WA-based nonprofit Catholic health system serving the Pacific Northwest community, today announced it will acquire ZOOM+Care, a provider of on-demand retail and digital healthcare services including telemedicine. The acquisition increases access to a continuum of care that offers consumers in Oregon and Washington with more choice and
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