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

AbleTo Acquires Digital Therapy App Joyable to Strengthen Virtual Behavioral Healthcare

by Fred Pennic 03/06/2019 Leave a Comment

AbleTo, Inc., a provider of virtual behavioral healthcare proven to improve clinical outcomes and lower healthcare costs has acquired Joyable, an app-based digital therapy innovator. The acquisition strengthens AbleTo's high-quality virtual behavioral healthcare with a digital platform that delivers clinically-based therapies supported by coaches to help individuals overcome depression, generalized anxiety, and social anxiety.Founded in 2014, Joyable offers users expert-designed digital
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Accenture Acquires Ireland-based Life Sciences Firm ESP

by Jasmine Pennic 03/05/2019 Leave a Comment

Accenture Acquires Ireland-based Life Sciences Firm ESP

Accenture, today announced it is acquiring Enterprise System Partners (ESP), an Ireland-based consulting and manufacturing services provider for the life sciences industry. As part of the acquisition, ESP will join Accenture Industry X.0, which helps clients master the digital reinvention of industry, strengthening Accenture’s capabilities to transform manufacturing for pharmaceutical, biotech and medical device clients globally.The combination of ESP’s digitally-enabled manufacturing services
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Medsphere Acquires ED EHR Provider Wellsoft

by Fred Pennic 02/27/2019 Leave a Comment

Medsphere to Acquire ED EHR Provider Wellsoft

Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced the acquisition of Wellsoft Corporation, a Somerset, NJ-based Emergency Department (ED) EHR provider. Wellsoft offers complete information management software for the challenging environment of the Emergency Department to improve operational efficiencies, productivity, care coordination, and revenue in Emergency Departments throughout the
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Crossover Health Acquires Virtual Primary Care Platform Sherpaa Health

by Jasmine Pennic 02/27/2019 Leave a Comment

Crossover Health Acquires Sherpaa Health Virtual Primary Care Platform

Crossover Health, a provider of comprehensive health services for self-insured employers, has acquired the exclusive rights to the technology platform developed by Sherpaa Health, the pioneer of virtual primary care. The announcement is part of Crossover Health’s efforts to accelerate the creation of a seamless “in person, online and anytime” system of health for its national base of self-insured employers and their employee members.Virtual Primary Care PioneerFounded in 2012 by Jay Parkinson,
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ICON Acquires Precision Medicine for Oncology Company MolecularMD

by Fred Pennic 02/21/2019 Leave a Comment

ICON Acquires Precision Medicine for Oncology Company MolecularMD

ICON, a global provider of drug development solutions and services has acquired MolecularMD, a molecular diagnostic specialty laboratory that enables the development and commercialization of precision medicines in oncology. The acquisition of MolecularMD’s extensive scientific and clinical biomarker experience expands the ICON’s capabilities in molecular diagnostic testing and also adds expanded testing platforms, including next-generation sequencing and immunohistochemistry, to ICON’s
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CVS-Aetna Merger Impact : Consumers Open to Receiving Primary Care at CVS Clinics

by Fred Pennic 02/20/2019 Leave a Comment

CVS-Aetna Merger: Consumers Open to Receiving Primary Care at CVS Clinics

The CVS-Aetna merger has the potential to create an integrated model for consumer healthcare that could transform the consumer experience; however, are consumers embracing the prospect of receiving care in a CVS retail pharmacy setting? According to new research from J.D. Power, forty-five percent of consumers said they would probably or definitely would use primary care services in a CVS retail pharmacy setting. CVS-Aetna Merger Consumer Impact Survey BackgroundJ.D. Power's December 2018 pulse
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Johnson & Johnson to Acquire Auris Health for $3.4B to Expand Digital Surgery Portfolio

by Fred Pennic 02/13/2019 Leave a Comment

Johnson & Johnson to Acquire Auris Health for $3.4B to Expand Digital Surgery Portfolio

Johnson & Johnson, today announced it has entered into a definitive agreement to acquire Auris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately held developer of robotic technologies, initially focused on lung cancer, with an FDA-cleared Monarch platform currently used in bronchoscopic diagnostic and therapeutic procedures. This acquisition will accelerate Johnson & Johnson’s entry into robotics and strengthens its digital surgery
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MediQuant Acquires EMR Data Conversion Firm HeF Solutions

by Fred Pennic 02/12/2019 Leave a Comment

MediQuant Acquires EMR Data Conversion Firm HeF Solutions

MediQuant, an Ohio-based provider of enterprise active archiving solutions to hospitals and health systems, announced today that it has executed a purchase contract for HeF Solutions, a healthcare technology firm specializing in electronic medical records (EMR) data conversions, legacy data archival and technical services that support needed access to clinical records.The acquisition of HeF Solutions deepens MediQuant’s data conversion services, expanding the tools, resources and capabilities
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Francisco Partners Acquires Qualcomm Life, Renames as CapsuleTech

by Fred Pennic 02/11/2019 Leave a Comment

Francisco Partners Acquires Qualcomm Life, Renames as CapsuleTech

Francisco Partners ("FP"), a Silicon Valley-based technology-focused private equity (PE) firm, today announced it has acquired Qualcomm Life, Inc. a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity across the continuum of care. Financial details of the acquisition were not disclosed. Renames Qualcomm Life as CapsuleTechQualcomm Life will be separated from Qualcomm, be renamed as Capsule Technologies, Inc. ("CapsuleTech"), and continue operating
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PerfectServe Acquires AI Patient Scheduling Solution Lightning Bolt and CareWire

by Jasmine Pennic 02/05/2019 Leave a Comment

PerfectServe Acquires Lightning Bolt and CareWire to Optimize Patient Care

After 16 years of bootstrapped success, Lightning Bolt is being acquired by PerfectServe, a provider of cloud-based clinical communication and collaboration solutions. Lightning Bolt’s AI technology enables healthcare organizations to build smarter physician shift schedules that give doctors balanced hours, safer shifts, and more flexibility to take time off, all while still improving patient access.Founded in 2002 and based in San Francisco, California, Lightning Bolt is an AI-enabled solution
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