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

HealthAxis Group Acquires BI/Data Warehouse Company Analytics Partners

by Jasmine Pennic 04/03/2019 Leave a Comment

HealthAxis Group, an IT solutions provider for healthcare payers, including TPA's and insurance companies has acquired Analytics Partners, a provider of business intelligence and data warehouse solutions for healthcare organizations. Under terms of the acquisition, HealthAxis Group will acquire Analytics Partners stock and assets and will begin consolidating all business under the HealthAxis Group brand.Analytics Partners OverviewAnalytics Partners specializes in analytics solutions such as
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TriNetX Acquires European Clinical Data Network InSite

by Jasmine Pennic 04/02/2019 Leave a Comment

TriNetX Acquires European Clinical Data Network InSite

TriNetX, a global health research network that revolutionizes clinical research and enables discoveries through the generation of real-world evidence (RWE) has acquired Belgium-based Custodix NV and its InSite network. InSite network is a European-based provider of services for clinical trial design, patient feasibility, and enabling workflow for patient recruitment. Financial details of the acquisition were not disclosed. InSite Clinical Data Network Background The InSite platform is an
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Healthcare M&A: How Carestream Will Change Philips Strategy in Imaging Informatics

by Steve Holloway, Director at Signify Research 03/28/2019 Leave a Comment

Philips-to-Acquire-Carestream-Health’s-Health-IT-Business-Unit

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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Guardant Health to Acquire Cancer Diagnostic Company Bellwether Bio

by Jasmine Pennic 03/27/2019 Leave a Comment

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

by Fred Pennic 03/26/2019 Leave a Comment

Netmeds acquires 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

by Jasmine Pennic 03/21/2019 Leave a Comment

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

by Fred Pennic 03/19/2019 Leave a Comment

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

by Jasmine Pennic 03/11/2019 Leave a Comment

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

by Fred Pennic 03/07/2019 Leave a Comment

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

by Fred Pennic 03/06/2019 Leave a Comment

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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