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

Merck Subsidiary Acquires Mobile Infectious Disease Analytics Solution Teqqa

by HITC Staff 11/16/2017 Leave a Comment

Teqqa Acquisition

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

by Fred Pennic 11/16/2017 Leave a Comment

ConnectiveRx Acquires Specialty Pharma Startup Careform  to Further Speed-to-Therapy 

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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Revint Solutions Acquires Health Check to Expand Revenue Integrity Services for Providers

by Jasmine Pennic 11/01/2017 Leave a Comment

Revint Solutions

Revint Solutions, a Chicago-based provider of revenue integrity and recovery services for healthcare providers has acquired Health Check, a provider of Zero Balance Revenue Recovery services to over 100 healthcare providers. Founded in 1995, the Florida-based company has collected over $300M in underpayment recoveries with a successful track record working with all major payers and geographic areas.For Revint Solutions, the acquisition will expands the company's broad suite of revenue integrity
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Imprivata Acquires Caradigm’s Identity and Access Management Business

by Jasmine Pennic 10/24/2017 Leave a Comment

The Imprivata Report on the Economic Impact of Inefficient Communications in Healthcare

Healthcare IT security firm Imprivata has acquired the identity and access management division of Caradigm, a GE Healthcare company. Preventing fraud has become a top concern, and authentication demands are driving rapid adoption among healthcare organizations. Caradigm provides a range of Identity and Access Management solutions, including Governance, Risk Management and Compliance and Clinical and IT Efficiency solutions such as single sign-on and multi-factor authentication to over 100
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Bracket Acquires Mobile Patient Engagement Tool for Clinical Trials Provider mProve Health

by Fred Pennic 10/24/2017 Leave a Comment

Bracket Acquires Mobile Patient Engagement Tool for Clinical Trials Provider mProve Health

Bracket, a provider of clinical trial technology and specialty services provider has acquired mProve Health Inc., a provider of mobile patient engagement tools for clincial trials to support life sciences companies. For Bracket, the acquisition will help improve patient engagement through the use of "Bring Your Own Device" mobile tools in clinical trials.Founded in 2010, mProve offers industry-grade, regulatory compliant mobile solutions for patient recruitment, patient engagement, and
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Quest Diagnostics Acquires Cleveland HeartLab to Establish Cardiometabolic COE

by Jasmine Pennic 10/20/2017 Leave a Comment

Quest Diagnostics Acquires Cleveland HeartLab to Establish Cardiometabolic COE

Quest Diagnostics has signed a definitive agreement to acquire Cleveland HeartLab, a provider of innovative diagnostic services for managing cardiovascular disease. A spin-off of Cleveland Clinic, Cleveland HeartLab has created a specialized approach to identifying risk of heart disease, based in part on science published in more than 100 peer reviewed journals. As part of the acquisition,  Cleveland HeartLab will serve as the base for Quest's first national center of excellence in
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Medsphere Systems, Stockell Healthcare Merge to Form Leading EHR/RCM Solution

by Fred Pennic 10/18/2017 Leave a Comment

Medsphere OpenVista EHR

Medsphere Systems Corporation and Stockell Healthcare Systems today announced an agreement to merge the two companies, uniting under one banner a subscription-based OpenVista EHR system and suite of proven revenue cycle management (RCM) tools. Financial details of the merger was not disclosed and is expected to officially close later this month.As part of the merger, Stockell will become a division of Medsphere and continue to use the Stockell name. Medsphere and Stockell are well integrated
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Azalea Health, Prognosis Innovation Healthcare Merges to Strengthen Market Share in Rural Care Market

by HITC Staff 10/11/2017 Leave a Comment

Azalea Health, Prognosis Innovation Healthcare Merges to Strengthen Market Share in Rural Care Market

Azalea Health, a fully-integrated web-based healthcare solutions and services provider, today announced the merger of Prognosis Innovation Healthcare, a Houston, TX-based EHR provider to rural and community hospitals. For Azalea, the merger of Prognosis inpatient solution will expand its presence into critical access and small community hospitals, and effectively deliver a complete continuum of care platform to an expanded rural market segment.Azalea Health now services thousands of ambulatory
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Welltok Acquires Tea Leaves Health to Expand Growth in Hospital Market

by Fred Pennic 10/11/2017 Leave a Comment

Welltok Acquires Tea Leaves Health to Expand Growth in Hospital Market

Welltok, a consumer health enterprise SaaS company has announced the acquisition of Tea Leaves Health, a provider of a SaaS-based analytics and marketing technology platform used by hospital systems to target consumers and physicians with coordinated engagement campaigns. Financial terms of the acquisition were not disclosed. The acquisition will propel Welltok’s growth within the hospital market, while enriching its data assets and product portfolio to better serve all types of population
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Express Scripts to Acquire EviCore for $3.6B to Broaden Its Reach Beyond Prescription Drugs

by Jasmine Pennic 10/11/2017 Leave a Comment

Express Scripts

Express Scripts, a St. Louis-based integrated pharmacy benefit management services provider, announced it has acquired eviCore healthcare, a provider of evidence-based medical benefit management services for $3.6 billion. For Express Scripts, the acquisition will combine its pharmacy benefit management offering and eviCore's highly complementary medical benefits management (MBM) platform to create a uniquely comprehensive patient benefit management solution. In addition, the acquisition of
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