After 16 years of bootstrapped success, Lightning Bolt is being acquired by PerfectServe, a provider of cloud-based clinical communication and collaboration solutions. Lightning Bolt’s AI technology enables healthcare organizations to build smarter physician shift schedules that give doctors balanced hours, safer shifts, and more flexibility to take time off, all while still improving patient access.Founded in 2002 and based in San Francisco, California, Lightning Bolt is an AI-enabled solution
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
BREAKING: eMDs Acquires Ambulatory EHR Aprima to Strengthen Position in Ambulatory EHR Market
eMDs announced today that it has acquired Aprima Medical Software (“Aprima”), a provider of electronic health record (EHR) and practice management (PM) software and revenue cycle management (RCM) solutions to ambulatory care organizations. The acquisition strengthens eMDs position in the ambulatory EHR space to serve over 63,000 providers in over 26,000 practices and hospitals across the world.For two decades, Aprima serves physicians in primary care and more than 70 specialties with a fast,
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Livongo Acquires Digital Behavioral Health Solution myStrength
Livongo Health, an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced that it has acquired Denver-based myStrength, Inc., a provider of digital behavioral health solutions. Financial terms of the acquisition were not disclosed. The acquisition enables Livongo to more fully address the health of the whole person by integrating behavioral health conditions including depression, anxiety, stress, substance use disorder,
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Prenetics Group Acquires ‘Psychologist in a Pocket’ Kelaa App
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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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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