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

Philips Acquires Open-Standards-based Interoperability Provider Forcare

by Jasmine Pennic 12/07/2017 Leave a Comment

Philips Acquires Open-Standards-based Interoperability Provider Forcare

Philips has acquired Forcare, a Netherlands-based open-standards-based interoperability software solutions for fast and flawless data flows between medical systems and information sources at the departmental and enterprise levels, as well as Health Information Exchanges (HIEs) across health systems. Forcare and its team will provide highly complementary capabilities for Philips, and will enable Philips to deliver more effective, seamlessly integrated informatics solutions that improve clinical
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UnitedHealth’s Optum to Acquire DaVita Medical Group for $4.9B in Cash

by Jasmine Pennic 12/06/2017 Leave a Comment

UnitedHealth’s Optum to Acquire DaVita Medical Group for $4.9B in Cash

UnitedHealth’s Optum has agreed to acquire DaVita Medical Group, one of the nation’s leading independent medical groups and a subsidiary of DaVita Inc. Under terms of the acquisition, Optum will acquire DaVita Medical Group for approximiately $4.9 billion in cash and is expected to close in 2018. DaVita plans to use the proceeds from the acquisition for significant stock repurchases over the next one to two years following the closing of the transaction, as well as to repay debt and for general
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Aptean Acquires Web-based Clinical Portal Connect to Expand Healthcare Offerings

by Fred Pennic 12/06/2017 Leave a Comment

Aptean Acquires Web-based Clinical Portal Portal Connect to Expand Healthcare Offerings

Aptean, a global provider of mission-critical enterprise software solutions, has acquired the Connect division of Influence Health to add to its growing suite of products that serve the healthcare industry and public sector. As part of the acquisition, employees focused on the Connect product have joined Aptean and will continue to work in their current locations. Financial terms of the acquisition was not disclosed. Connect, a division of Influence Health, offers a web-based clinical portal to
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CVS to Acquire Health Insurer Giant Aetna for $69B: 8 Things to Know

by HITC Staff 12/03/2017 Leave a Comment

Aetna

CVS Health has agreed to acquire health insurer giant Aetna for $69 billion in a landmark deal that that will redefine access to high-quality care in lower cost, local settings whether in the community, at home, or through digital tools.This is the next step in our journey, positioning the combined company to dramatically further empower consumers. Together with CVS Health, we will better understand our members' health goals, guide them through the health care system and help them achieve their
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Philips Acquires Startup Analytics Informatics to Expand Radiology Solutions

by Fred Pennic 11/27/2017 Leave a Comment

Analytics Informatics to Expand Radiology Solutions Philips Acquires Startup

Philips has announced the acquisition of startup company Analytical Informatics, Inc., complementing its own innovation initiatives to expand its current offerings and accelerate the roadmap for Philips Radiology Solutions. Founded in 2011, Analytical Informatics’ products and capabilities, which include vendor-agnostic, advanced workflow tools and applications, strengthen Philips’ PerformanceBridge portfolio of operational performance solutions to optimize assets, uptime, utilization, practice,
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Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

by HITC Staff 11/20/2017 Leave a Comment

Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

Change Healthcare is once again shifting the paradigm for dental practices and payers alike. Today the company expanded its capabilities and product offerings with dental provider credentialing software technology acquired from Docufill, LLC. The cloud-based technology allows providers to use a single shared form across the organization to streamline the otherwise administratively complex and redundant credentialing process, resulting in cost reduction and the freeing of resources for patient
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Roche Acquires Lab Data Analytics Platform Viewics

by Fred Pennic 11/20/2017 Leave a Comment

Roche Acquires Lab Data Analytics Platform Viewics

Roche, a pharmaceuticals and diagnostics focused on advancing science has announced an agreement to acquire Viewics, Inc., a laboratory business analytics platform. Under the terms of the agreement, Roche is acquiring all shares of the company. Financial details of the acquisition were not disclosed. As part of the acquisition, Viewics, Inc. will become an integral part of Roche and add further digital capabilities on top of Roche Diagnostics’ Integrated Core Lab offering to make faster
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Merck Subsidiary Acquires Mobile Infectious Disease Analytics Solution Teqqa

by HITC Staff 11/16/2017 Leave a Comment

Teqqa Acquisition

ILÚM Health Solutions, a provider of innovative technology and services to support infectious disease management (created by Merck’s Healthcare Services and Solutions (HSS) division), today announced it has acquired Teqqa LLC, which provides precision analytics for infectious disease management. Teqqa has been a development partner with ILÚM since the latter’s founding; this acquisition formalizes and strengthens the ongoing relationship. Financial details of the acquisition were not
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ConnectiveRx Acquires Specialty Pharma Startup Careform to Enhance Patient Engagement for Specialty Drugs

by Fred Pennic 11/16/2017 Leave a Comment

ConnectiveRx Acquires Specialty Pharma Startup Careform  to Further Speed-to-Therapy 

ConnectiveRx, a company helping patients with affordability, access and medication adherence messaging, has acquired Careform a Pittsburgh-based provider of technology-enabled “hub” services driving patient and provider engagement and support. The acquisition will enable both ConnectiveRx and Careform to improve patient outcomes by improving speed-to-therapy, and prescription compliance and persistence. Financial details of the acquisition were not disclosed.ConnectiveRx delivers affordability
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Revint Solutions Acquires Health Check to Expand Revenue Integrity Services for Providers

by Jasmine Pennic 11/01/2017 Leave a Comment

Revint Solutions

Revint Solutions, a Chicago-based provider of revenue integrity and recovery services for healthcare providers has acquired Health Check, a provider of Zero Balance Revenue Recovery services to over 100 healthcare providers. Founded in 1995, the Florida-based company has collected over $300M in underpayment recoveries with a successful track record working with all major payers and geographic areas.For Revint Solutions, the acquisition will expands the company's broad suite of revenue integrity
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