- 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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Central Logic, Conduit Health Partners Team Up to Improve Patient Care Access and Transfer Centers
- The partnership allows health systems that don’t have their own transfer center to benefit from a comprehensive technology platform via Central Logic by outsourcing Access Center functions.
- Conduit Health Partners’ nurses have diverse clinical experience with adult and pediatric competencies, multi-state licensure, critical thinking skills, and clinical judgment skills.
- Client organizations typically achieve a 12-20% first-year transfer volume increase with sustained year
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4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT
Stephanie Kovalick, Chief Strategy Officer at Sage Growth Partners
Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone.
A recent survey of 100 C-suite leaders
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Source: Healthcare Growth Partners (HGP)
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and
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Philips Acquires Patient Navigation Platform Medumo
Philips has acquired Boston-based patient navigation platform Medumo for an unclosed sum, according to CBNC reports. Founded in 2013, Medumo helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. The company has raised a total of $2.1M. Its patient navigation platform ensures that patients appropriately schedule, show up on time, have all their pre-appointment tasks completed, and continue to follow instructions when they go home after their
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Belong.Life Raises $14M to Expand AI-Powered Social Network for Cancer Patients
Belong.Life, creators of the "Belong - Beating Cancer Together" mobile app, the world's largest social network and navigator app for cancer patients, caregivers and healthcare professionals announced it has raised $14M in Series B funding led by IQVI. The Series B round also included participation from The Group Ventures and other existing investors.Founded in 2015 by noted entrepreneurs Eliran Malki, Irad Deutsch and Ohad Rubin after each lost relatives to cancer, Belong - Beating Cancer
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6 Patient Influencers Redefining The Healthcare Landscape
Most people are now familiar with social media influencers. They're the individuals who use their popularity to encourage followers to try clothing brands, food, makeup, and gadgets. As anyone who watched either of the two Fyre Festival documentaries now knows, they can be instrumental in getting people on board with things associated with disastrous consequences.
There's a relatively new concept in the influencer world. It involves people known as patient influencers doing just as the name
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Boston Children’s Hospital Partners With Patient Navigation Platform Medumo
Pediatric hospital Boston Children’s Hospital has partnered with Medumo, a patient navigation platform whose technology promotes better patient engagement and activation, to deliver a targeted pediatric care messaging service to improve access and patient experience. Loss-to-follow-up missed appointments, and improper procedure preparation or discharge follow up leads to worse patient outcomes and is a multi-billion dollar a year problem to hospitals.Exclusive License with DisCoWith this
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Patient Navigation: 5 Steps for Fixing the Most Dangerous Communication Problem in Hospitals
A recent study documented what healthcare professionals have suspected for years: that communication breaks down somewhere between hospital discharge and outpatient follow-up. At best, it was unclear who was responsible for post-discharge testing or home healthcare. At worst, primary care physicians didn’t know their patients had been admitted at all.
With nearly 80 percent of serious medical errors involving miscommunication during patient transfers, it’s time to close this dangerous
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