Midmark Corporation, a provider of outpatient workflow solutions has entered into a definitive merger agreement to acquire real-time locating system provider Versus Technology, Inc. (“Versus”). As part of the acquisition, Midmark will acquire all the issued and outstanding common shares of the Tranverse City, MI-based Versus. Versus core operations will also remain in Traverse City, Mich.Versus is the most-deployed real-time locating systems (RTLS) provider in healthcare, using location
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
e-MDs Acquires Ambulatory Software Asssets from McKesson to Boost Market Share
Ambulatory EHR provider e-MDs announced on Wednesday that it has agreed to acquire several ambulatory software assets from McKesson Business Performance Services in a move to boost its market share in the ambulatory EHR space. These McKesson assets include McKesson Practice Choice™, Medisoft®, Medisoft® Clinical, Lytec®, Lytec® MD, and Practice Partner®.
"The McKesson team supporting these products is passionate about the same thing we are ─ helping doctors maintain focus on the patient,”
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eviCore Acquires Partners HealthCare Spinout QPID Health
eviCore healthcare, a Bluffton, SC-based company enabling better outcomes for patients, payers and providers through advanced medical benefits management, announced that it has acquired Boston-based QPID Health. The company has raised more than $16.3M to date backed by Matrix Partners, Partners Innovation Fund, Massachusetts General Physicians Organization and Cardinal Partners. QPID Health will continue to maintain its offices in Boston, MA and Carlsbad, CA and will retain its name. Financial
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IBM Watson Health to Acquire Truven Health Analytics for $2.6B
IBM Watson Health today announced plans to acquire Truven Health Analytics, a provider of cloud-based healthcare data, analytics and insights for $2.6 billion. The acquisition will boost IBM Watson Health to one of the world’s largest and most diverse collections of health-related data, representing an aggregate of approximately 300 million patient lives acquired from three companies. Through the Watson Health Cloud, healthcare organizations will be able to take previously disparate data sets,
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Doctor Search Portal Practo Acquires Insta Health For $12M
After raising $90 million in Series C funding in August, India-based physician search portal Practo has acquired cloud-based hospital information management company Insta Health for $12 million (Rs 80 crore) in a cash and equity deal. Founded in 2008, Insta Health provides hospital information systems and EMR solutions to hospitals across South East Asia, Middle East, India, and Africa. The Insta Health acquisition marks the company's third acquisition in less than six months. The acquisition
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Medtronic to Buy Covidien for $42.9B, Rebase to Ireland to Reduce Tax Burden
Medtronic To Buy Smaller Rival Covidien In $43 Bln Deal (via http://361db.com)
Medical device maker Medtronic, Inc. (MDT: Quote) agreed late Sunday to acquire smaller rival Covidien plc (COV: Quote) in a cash and stock deal valued at about $42.9 billion. The deal will help Medtronic shift base to Ireland and save it from paying…
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