Inovalon, a technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models has acquired ABILITY Network (“ABILITY”) for $1.2 billion. The combination of Inovalon and ABILITY creates a vertically integrated cloud-based platform empowering the achievement of real-time, value-based care from payers, manufacturers, and diagnostics all the way to the patient’s point of care.ABILITY is a leading cloud-based
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
HIMSS Acquires Health Innovation Consulting Provider Healthbox
HIMSS has announced the acquisition of Healthbox, a Chicago-based healthcare innovation consulting firm and venture capital investment manager. For HIMSS, the acquisition of Healthbox adds health innovation consulting and fund management to its broader portfolio.Under terms of the agreement, Healthbox will continue to operate as a wholly-owned subsidiary of HIMSS. Financial details of the acquisition were not disclosed.Healthbox has evolved from a healthcare accelerator to an innovation
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R1 Acquires Intermedix Corporation for $460M to Expand End-to-End RCM
R1 RCM Inc., a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced a definitive agreement to acquire Intermedix Corp (Intermedix), including its healthcare division comprised of its physician and EMS RCM, practice management and analytics businesses, in a transaction valued at approximately $460 million.Intermedix provides revenue cycle management, practice management and data analytics services to more than 15,000 individual
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Roche Acquires Oncology EHR Startup Flatiron Health for $1.9B
Roche has reached an agreement to acquire Flatiron Health, a NYC-based oncology EHR startup focused on accelerating cancer research and improving patient care for $1.9B. Under terms of the acquisition, Flatiron Health will continue its current business model, network of partnerships and overall objectives. The integrity of segregated patient protected health information will be preserved, as will dedicated sales and marketing, provider-facing and life science business activities. In addition,
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Fitbit Acquires Health Coaching Platform Twine Health
Fitbit, today announced it has acquired Twine Health, a HIPAA-compliant health coaching platform that delivers a user-friendly experience to help people manage chronic conditions, such as diabetes and hypertension, and to support lifestyle interventions, such as weight loss and smoking cessation.Twine Health’s proven coaching platform is a strong foundation upon which Fitbit plans to expand its offerings to self-insured employers, health plans and health systems. Through the acquisition, Fitbit
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StayWell Acquires Digital Health Startup Provata Health, Expands Capabilities in Population Health
StayWell, a health empowerment company has acquired Provata Health, a Portland, Ore.-based digital health startup that delivers scientifically proven population health programs to employers, health plans, and hospital systems. Provata Health's native iOS and Android mobile apps, cutting-edge technology and innovative platform will be integrated with StayWell features to streamline the user experience and help deliver even greater physical and mental health benefits.Terms of the
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Varian Acquires Radiation Oncology Solution Mobius Medical Systems
Varian, a Palo Alto, CA-based provider of cancer care solutions has acquired Mobius Medical Systems, a provider of radiation oncology Quality Assurance (QA) software. The acquisition will expand Varian's leadership in radiation medicine, by increasing its portfolio of patient treatment plan QA and machine QA technologies, and enables the company to potentially impact more patients around the globe with software solutions designed to assure the quality of treatments.The Mobius QA software is in
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The HCI Group Acquires MEDITECH Certified Partner Infinity HIT
The HCI Group, a healthcare IT consulting firm has acquired Infinity HIT, a MEDITECH Ready-Certified consulting firm to expand its health IT service offerings. The HCI Group plans to leverage the acquisition of Infinity HIT's credentials to strengthen its capabilities as a MEDITECH READY Certified organization. Financial terms of the acquisition were not disclosed. Founded in 2012, Infinity HITp rovides consulting, implementation, optimization, staffing and support services to hospitals and
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Mediware Acquires Revenue Cycle Management Solution MEDTranDirect
Mediware Information Systems, Inc.announced it has acquired MEDTranDirect, a revenue cycle management solution and an approved network service vendor for Medicare. For Mediware, the acquisition complements the revenue cycle management and Medicare claims capabilities in Mediware’s home care market solution, Kinnser Software, while simultaneously leveraging Mediware’s heritage of supporting data-driven clinical excellence and improving efficiencies in administrative workflow.MEDTranDirect’s
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Change Healthcare Acquires National Decision Support Company
Change Healthcare announced the acquisition of National Decision Support Company (NDSC), a cloud-based solutions that deliver medical guidelines to the point of care through leading electronic health record (EHR) systems. The addition of NDSC accelerates the efforts of Change Healthcare to leverage evidence-based clinical information and next-generation technologies to reduce cost and help ensure appropriate care. Financial terms of the acquisition were not disclosed. NDSC and the Change
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