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

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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Avaap Acquires Navigator Management Partners to Expand Depth in IT Advisory & Management Consulting

by Jasmine Pennic 07/08/2019 Leave a Comment

Avaap Acquires Navigator Management Partners to Expand Depth in IT Advisory & Management Consulting

Avaap, an industry-focused IT advisory and management consulting firm, today announced its acquisition of Navigator Management Partners, a cross-platform management and technology consulting firm specializing in ERP systems, business intelligence (BI), and change management. The combined organization creates a depth and breadth of services for the major ERP platforms for organizations in healthcare, retail, higher education, non-profit, government, manufacturing, and other commercial
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Net Health Acquires Post-Acute Care EHR Provider Optima Healthcare Solutions

by Fred Pennic 07/02/2019 Leave a Comment

Net Health Acquires Post-Acute Care EHR Provider Optima Healthcare Solutions

Net Health, a provider of cloud-based software solutions for specialized outpatient care, today announced it has acquired cloud-based post-acute care EHR provider Optima Healthcare Solutions. Optima post-acute care EHR platform supports contract therapy companies, skilled nursing and assisted living facilities, outpatient therapy clinics, home health therapy providers and hospice organizations.Acquisition Benefits for Net HealthOnce the acquisition closes, the combined company will serve
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Carenet Health Acquires Engagement, Telehealth Subsidiary of Citra Health

by Fred Pennic 07/02/2019 Leave a Comment

Carenet Health Acquires Engagement, Telehealth Subsidiary of Citra Health

Carenet Health, a San Antonio, TX-based provider of healthcare engagement, clinical support, advocacy and 24/7 telehealth solutions, has acquired the engagement and telehealth solution subsidiary of Citra Health Solutions. The acquisition is the second acquisition of its kind by Carenet in a span of seven months. Financial terms of the acquisition were not disclosed.The recent acquisition complements Carenet’s ongoing commitment to delivering high-quality, cost-effective, on-demand telehealth
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Providence St. Joseph Health Acquires Epic Consulting Firm Bluetree

by Fred Pennic 06/27/2019 Leave a Comment

Providence St. Joseph Health Acquires Epic Consulting Firm Bluetree

Providence St. Joseph Health, a national, not-for-profit Catholic health system, announced today that it will acquire Bluetree, an Epic consulting and strategy company that helps health care providers maximize their use of technology. Based in Madison, Wisconsin, and with offices in Denver and New York, Bluetree’s integrated team approach helps health care providers realize higher returns from their Epic EHR platform investment.Acquisition Benefits for Providence St. JosephBy acquiring Bluetree,
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PE Firm Acquires Secure Health Information Exchange Company Vyne

by Jasmine Pennic 06/26/2019 Leave a Comment

PE Firm Acquires Secure Health Information Exchange Company Vyne

Vyne, a provider of secure health information exchange and electronic healthcare communication management has been acquired by The Jordan Company, L.P., a middle-market-focused private equity firm with original capital commitments in excess of $11 billion. This new investment supports Vyne’s commitment to providing market-leading healthcare technology and support to thousands of dental practices, hospitals and major health systems across the United States.Expansion Plans for VyneThe acquisition
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Datica, Sansoro Health Merge to Offer Self-Service Platform for Cloud-based Healthcare Apps

by Fred Pennic 06/26/2019 Leave a Comment

Datica, Sansoro Health Merge to Offer Self-Service Platform for Cloud-based Healthcare Apps

Sansoro Health, Inc. and Datica Health, LLC announced today they have merged, offering a self-service platform for securing cloud-based applications and integrating patient data from multiple sources. The combined company is solving these problems today for an impressive list of customers; including Johnson & Johnson, VigiLanz, Vineti, and more.Healthcare’s Rapid Migration to the CloudHealthcare is rapidly migrating to the cloud. Healthcare cloud spend will grow from $24 billion this year to
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CentralReach Acquires Applied Behavior Analysis Therapy Software Pathfinder Health Innovations

by Fred Pennic 06/25/2019 Leave a Comment

CentralReach Acquires Applied Behavior Analysis Therapy Software Pathfinder Health Innovations

CentralReach, a provider of EHR and practice management solutions that enable Applied Behavior Analysis (ABA) for therapy has acquired Pathfinder Health Innovations (PHI), a practice management and data collection software solution designed for small to medium-sized (SMB) businesses. The acquisition increases CentralReach’s market share and is expected to provide SMB organizations with a quick-start and easy-to-use solution to gain immediate operational efficiencies.Founded in 2010, Pathfinder
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UnitedHealth Group Acquires Personalized Health Network PatientsLikeMe

by Jasmine Pennic 06/24/2019 Leave a Comment

UnitedHealth Group Acquires Personalized Health Network PatientsLikeMe

UnitedHealth Group has acquired PatientsLikeMe, a personalized health network, according to an email confirmation from CNBC. The acquisition comes off the reports in April that PatientsLikeMe was being forced by Trump administration’s Committee of Foreign investment over its Chinese majority owner Tencent.Founded in 2004, PatientsLikeMe is the world’s largest personalized health network, helps people find new options for treatments, connect with others, and take action to improve their outcomes.
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UnitedHealth to Acquire Payment Integrity Company Equian for $3.2B

by Fred Pennic 06/21/2019 Leave a Comment

UnitedHealth to Acquire Payment Integrity Company Equian for $3.2B

UnitedHealth Group Inc. has agreed to acquire payment integrity provider Equian from its private-equity owner New Mountain Capital for about $3.2 billion, according to the Wall Street Journal report on Thursday evening.Equian delivers payment integrity solutions through proprietary content, enabling technology, and highly responsive customer service. The company analyzes over $500B in healthcare and insurance data to ensure payments are fair, accurate, and paid by the correct party—resulting in
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