Mergers & Acquisitions (M&A) Activity
OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform
OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
Read More
Philips | News, Analysis, Insights - HIT Consultant
Philips Capsule Surveillance Receives 510(k) Clearance
What You Should Know:
- Philips Capsule Surveillance solution has received 510(k) market clearance from the U.S. Food & Drug Administration (FDA), paving the way for widespread deployment across healthcare systems in the USA.
- Capable of utilizing streaming data from virtually any connected medical device, the solution aggregates patient data, analyses it to generate actionable insights and alerts, and sends timely notifications to the patient’s caregivers so that they can
Read More
Philips Launches First At-Home, 12-Lead ECG Integrated Solution for Decentralized Clinical Trials
What You Should Know:
- Philips introduced the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for use in decentralized clinical trials.
- The solution is the most advanced patient-centric ECG offering within the company’s cardiac monitoring portfolio, pairing data readings comparable to clinical, site-based ECGs with Philips leading cloud-based data collection and analysis services.
Patient Attrition Issues
Patient attrition is one of the biggest
Read More
Philips Extends AI-Enabled CT Imaging Portfolio
What You Should Know:
- Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced new additions to its CT imaging portfolio at the Radiological Society of North America (RSNA) annual meeting (November 28 – December 2, Chicago, USA). The new CT 5100 – Incisive – features CT Smart Workflow [1], a comprehensive suite of artificial intelligence* (AI) enabled capabilities designed to accelerate CT workflows, enhance diagnostic confidence, and maximize equipment
Read More
Philips Acquires Cardiologs to Expand Cardiac Diagnostics & Monitoring Portfolio
What You Should Know:
- Philips today announced that it has signed an agreement to acquire Paris-based Cardiologs, a France-based medical technology company focused on transforming cardiac diagnostics using artificial intelligence (AI) and cloud technology.
- Cardiologs will further strengthen Philips’ cardiac monitoring and diagnostics offering with innovative software technology, electrocardiogram (ECG) analysis and reporting services. Financial details of the acquisition were not
Read More
HIMSS21 Day 1 Roundup: Google Cloud, Salesforce, Zoom, Philips, GE Healthcare, GoodRx
Google Cloud Unveils New Research examining COVID-19’s Acceleration of Innovation in Healthcare
Google Cloud revealed new research unveiling the impact of COVID-19 on reshaping technology’s role in healthcare. This research is the second phase of research that Google Cloud published in July, showcasing how critical data interoperability is in improving patient outcomes. The research reveals healthcare organizations accelerated technological upgrades over the course of the pandemic.
After
Read More
Philips, Cognizant Partner to Develop Digital Health Solutions to Providers, Researchers and Patients
What You Should Know:
- Cognizant and Phillips announced a strategic collaboration to develop digital health solutions intended to improve patient care and accelerate the clinical trials process by increasing connectivity across patients, providers and clinical researchers.
- The strategic alliance brings together Philips HealthSuite, a cloud-based platform and Cognizant’s digital engineering expertise
Read More
UCSF, Philips Partner to Enhance Digital Patient Experience & Interoperability
What You Should Know:
- Today, Philips announced its collaboration with the University of California, San Francisco (UCSF) to develop technology that will enable a more streamlined patient experience and set a new standard for healthcare delivery.
- As part of the strategic collaboration, UCSF will use Philips HealthSuite Digital Platform to enable patient care personalization and make it easier for patients to select providers, access their health information and receive virtual
Read More
Connect America Acquires Royal Philips’ Aging and Caregiving (ACG) Business
What You Should Know:
- Connect America has acquired international healthcare technology leader, Royal Philips’ Aging and Caregiving (ACG) business in a strategic deal that expands Connect America’s customer base and connect care portfolio.
Connect America is an independent provider of medical alert systems in North America and has become known as a leader in technology solutions that help aging individuals and vulnerable populations
Read More
Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
Read More
