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

ALKU Acquires Health IT Consulting Firm Holland Square Group

by HITC Staff 12/13/2017 Leave a Comment

ALKU Acquires Health IT Consulting Firm Holland Square Group

Specialized staffing firm ALKU has acquired Holland Square Group, a Nashville, TN-based provider of health IT consulting and staffing solutions to providers, payers, and suppliers of healthcare technology and services. The acquisiton will help expand and diversify ALKU’s specialized service offerings to the health IT market, as well as establish a market share in the health IT consulting market.“We immediately recognized the unique opportunity that combining with Holland Square Group represents
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QGenda Acquires ED Physician Scheduling Vendor Tangier

by Fred Pennic 12/13/2017 Leave a Comment

QGenda Acquires ED Physician Scheduling Vendor Tangier

QGenda, a cloud-based automated physician scheduling software has acquired Tangier, a provider of of emergency medicine, hospital medicine, and urgent care scheduling software. With the acquisition of Tangier, QGenda extends its leadership position and adds two decades of experience in emergency medicine, hospital medicine, and urgent care scheduling.Since its inception, Tangier has grown to serve more than 400 customers and 50,000 providers in emergency medicine, hospital medicine, urgent care
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SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health

by Jasmine Pennic 12/12/2017 Leave a Comment

SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health

SymphonyCare, a population health and patient engagement solutions company has acquired the Empower patient portal business unit from Birmingham, AL-based Influence Health. The acquisition was led by SymphonyAlpha Ventures, the venture capital arm of Symphony Corporation, a leader in digital healthcare innovation and technology solutions. Financial details of the acquisition were not disclosed.The Empower patient engagement product alone currently reaches more than a half a million patients
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Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings

by Fred Pennic 12/11/2017 Leave a Comment

Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings

Philips has acquired VitalHealth, a Netherlands-based provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Building on the acquisition of Wellcentive in 2016, the acquisition complements Philips population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions. Financial details of the acquisition were not
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Dignity Health and Catholic Health Initiatives Merge to Expand Access to Quality Care Across 28 States

by HITC Staff 12/08/2017 Leave a Comment

Dignity Health

nOn Thursday, Catholic Health Initiatives (CHI) and Dignity Health have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health systems, allowing the organizations to expand their mission of service and create a healthier future for people and communities across 28 states. The new health system will build a stronger operational and financial foundation to expand access to quality care, build upon complementary resources and capabilities, and reinvest in
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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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