The Global Ambulatory Diagnostic Cardiology Market is evolving at a rapid pace, driven by technological developments, and shifting models of healthcare service delivery and funding. The overall market will grow from $2.5 billion in 2021, to $3.3 billion by 2026, with Long-Term ECG and, to a lesser extent, Mobile Cardiac Telemetry (MCT), being the principal engines of growth. Unsurprisingly, these two markets are garnering serious attention from large incumbent vendors in the more established
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Hill-Rom
Social Distancing: Addiction Recovery Programs Go Virtual for COVID-19
We have been following the social distancing guidelines for two weeks now with more weeks to go. One population that truly needs and is literally prescribed social interaction is that of Substance Use Disorder (SUD). In fact, the 12 step (recovery approach) community, relies on being social wherein attending group meetings to share experience, strength, and hope is a part of the proven philosophy.
Turns out, social distancing while helpful with the COVID-19 crisis is creating another one;
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Hospital IQ Launches AI-Enabled Workforce Management Solution
- Hospital IQ launches an AI-enabled workforce management solution to help staffing managers more accurately align staff to forecasted patient demand.
- Using accurate forecasts of patient demand, Hospital IQ enables staffing managers to proactively plan staffing needs, ensuring appropriate levels of patient care.
- Hospital IQ also announced the addition of Shawn Sefton, MBA, RN, vice president, client operations, and John Zapf, senior director, sales, to support the company’s
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Global Digital Health VC Funding Breaks $5.1B in First Half of 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
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Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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Cerner Enters Cooperation Agreement with Activist Hedge Fund
Key Highlights- Cerner cooperates with activist hedge fund Starboard Value LP- Four New Directors to Be Immediately Appointed to the Cerner Board of Directors- Commitment to Adjusted Operating Margin Targets for Q4 2019 and Q4 2020 of 20% and 22.5%- Creation of Finance and Strategy Committee of the Board to Oversee Operational Improvement Initiatives- Increases Share Repurchase Authorization Resulting in $1.5 Billion Available for RepurchaseCerner Corporation, today announced that the Company
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Hill-Rom Acquires Mobile Communication Platform Voalte for $180M
Mobile technology company Hill-Rom Holdings, Inc., today announced it has acquired Voalte, a Sarasota, FL-based real-time, mobile healthcare communications for $180 million in cash and up to an additional $15 million in payments related to the achievement of certain commercial milestones. For the Hill-Rom, the acquisition will accelerate its capabilities in clinical communication. Founded in 2008, Voalte develops smartphone solutions that simplify caregiver communication. Ranked number-one and
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