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