athenahealth, Inc., today announced private equity firms Veritas Capital and Evergreen, the private equity subsidiary of Elliott Management will acquire athenahealth for approximately $5.7 billion in cash ($135 per share). The acquisition comes months after Elliot Management made an unsolicited bid to acquire the company for $6.5B.Financial DetailsUnder the terms of the agreement, athenahealth shareholders will receive $135 in cash per share. The per share purchase price represents a premium of
Read More
Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
BREAKING: GetWellNetwork Acquires Patient Engagement Startup HealthLoop
GetWellNetwork, a precision engagement healthcare company has acquired automated patient engagement startup HealthLoop. The acquisition will help expand GetWellNetwork’s reach into nearly 700 health care providers, placing it at the forefront of the changing healthcare landscape and at the heart of the patient journey. From inpatient to outpatient, to physician practices and urgent care clinics, to patients on the go, GetWellNetwork offers the only cross-continuum platform that performs across
Read More
3 Strategic Insider Tips to Follow When Selling Your Digital Health Startup
Growing your digital health company to the point of acquisition can be exciting, but do you know the right steps to strategically close the deal? CarePort Health’s Marc Camm explains.Stand around any drawing board long enough and you’ll hear a familiar question regardless of the innovation: how do we scale this? Startup growth, especially in digital health, is challenging—some will seek acquisition—some will take the bootstrap route—and most will fail regardless. Still, there is room to succeed.
Read More
Telhealth Startup Medici Acquires HIPAA-Secure Messaging App DockMD
Medici, an Austin, TX-based global HIPAA-compliant mobile app with secure text, voice and video messaging and allows doctors to provide virtual healthcare to patients, today announced its acquisition of HIPAA-secure messaging company DocbookMD. DocbookMD’s secure healthcare messaging app features real-time alerts to streamline communication, accelerate workflows and enhance team collaboration. For Medici, the acquisition will offer doctors and other healthcare providers access to a broad range
Read More
BREAKING: ResMed to Acquire MatrixCare EHR for $750M
Connected care company ResMed announced it will acquire MatrixCare, a provider of long-term care EHR software, for $750M to expand its out-of-hospital SaaS portfolio. Named "Best in KLAS" for long-term post-acute care software, MatrixCare’s solutions help Accountable Care Organizations, skilled nursing and senior living providers, life plan communities, and home health organizations to connect, collaborate and prosper as we migrate to a fee-for-value healthcare system. In addition to electronic
Read More
Mobile Chronic Care Management Startup cliexa Acquires Preventative Technology Solutions Inc.
cliexa, a Denver-based healthcare technology company with a modular software platform for chronic care management and patient-reported outcomes, today announced the acquisition of Preventative Technology Solutions Inc.(PTSI). PTSI) is a Colorado-based provider of medical assessment applications and mHealth prevention services for adolescents and young adults.With this acquisition, cliexa will develop a suite of behavioral health apps for primary care and family medicine physicians and clinicians
Read More
OptimizeRx Acquires CareSpeak Communications to Expand Pharma Mobile Messaging
OptimizeRx Corp., a provider of digital health messaging for the pharmaceutical industry, today announced it has acquired CareSpeak Communications, a provider of interactive health messaging for improved medication adherence and care coordination. For OptimizeRx, the acquisition addresses the critical industry need for direct communication between pharma and patients, supporting greater medication adherence, patient engagement, and health outcomesAs part of the acquisition, CareSpeak will
Read More
Waystar Acquires UPMC’s Ovation Transaction Services Business for Enhanced Claims Monitoring Capabilities
Waystar(formerly known as ZirMed), a provider of healthcare revenue cycle management services, today announced it will be acquiring a major part of the transaction services technology business of Ovation, a health information management and management cycle solution currently owned and operated by University of Pittsburgh Medical Center (UPMC). Financial details of the acquisition were not disclosed.Ovation Transactions uses advanced algorithms to monitor claims at many health systems and
Read More
RCM Provider Waystar Acquires Predictive Analytics Company Connance
Waystar, a revenue cycle technology company, today announced its acquisition of Connance, a provider of healthcare predictive analytics. As Waystar became one of the nation’s largest healthcare financial data sources through the merger of Navicure and ZirMed last year, this new acquisition will enable the company to bolster existing end-to-end revenue cycle technology offerings and predictive analytics capabilities to more than 450,000 providers, 22,000 healthcare organizations and 750 health
Read More
Identity Automation Acquires Single Sign-On Technology Provider HealthCast
Identity Automation, a leading provider of Access Management (AM), Identity Governance (IGA), and Multi-Factor Authentication (MFA) software, today announced its acquisition of Boise, ID-based HealthCast Inc., provider of award-winning enterprise single sign-on (eSSO) and virtual desktop technology for the healthcare industry. Financial details of the acquisition were not disclosed.Increased regulation and the shift from paper-based to digital records has created new challenges in securing and
Read More
