Teladoc Health and Livongo Merge
The combination of Teladoc Health and Livongo creates a
global leader in consumer-centered virtual care. The combined company is
positioned to execute quantified opportunities to drive revenue synergies of
$100 million by the end of the second year following the close, reaching $500
million on a run-rate basis by 2025.
Price: $18.5B in value based on each share of Livongo
will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration
of
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Veritas Capital
Holon Solutions Appoints Jon Zimmerman As New CEO
- Healthcare IT leader Jon Zimmerman has been named CEO of Holon Solutions to accelerate their transition to value-based care through the adoption of purpose-built technology that solves their biggest challenges.
- Value-based care executive selected for his nearly 30 years’ experience in enhancing healthcare interoperability and proven track record in scaling growth-stage companies.
Holon Solutions, an Atlanta-based healthcare IT company that liberates healthcare data, today announced it has
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M&A: PE-Backed Guidehouse Acquires Navigant Consulting for $1.1B
Guidehouse (formerly PwC’s US Public Sector business), a portfolio company of private equity firm Veritas Capital has acquired global management consulting firm Navigant Consulting, Inc. for approximately $1.1 billion. The newly combined entity will bring together each organization’s strong expertise in highly regulated industries across both the commercial and government sectors, with a focus on supporting client needs in the industries of Healthcare, Financial Services, Energy, National
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KLAS: Cerner and MEDITECH Expanse Lags Behind EpicCare in Customer Satisfaction
Cerner and MEDITECH Expanse still lags behind Epic EpicCare Inpatient EMR in customer satisfaction, according to a new KLAS report. The KLAS report, Acute Care EMR: Buyers Unwilling to Settle, reveals acute care EMR buyers know what is possible from an EMR and are now unwilling to settle for less.Acute Care EMR Market Based on Number of Hospital BedsCerner, Epic, and MEDITECH are most likely to be considered for large hospitals (500+ beds) and midsize hospitals (201–500 beds). The competition
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M&A: Veritas and Evergreen Coast Capital to Acquire athenahealth for $5.7B
athenahealth, Inc., today announced private equity firms Veritas Capital and Evergreen, the private equity subsidiary of Elliott Management will acquire athenahealth for approximately $5.7 billion in cash ($135 per share). The acquisition comes months after Elliot Management made an unsolicited bid to acquire the company for $6.5B.Financial DetailsUnder the terms of the agreement, athenahealth shareholders will receive $135 in cash per share. The per share purchase price represents a premium of
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GE Healthcare Unloads Value-Based Care Division for $1.5B in Cash
Veritas Capital (“Veritas”), a leading private equity investment firm has acquired GE Healthcare's Value-Based Care division for $1.05 billion in cash. GE Healthcare's Value-Based Care Division includes the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory Care Management (Centricity Practice Solution) and Workforce Management (formerly API Healthcare) assets. The healthcare technology space has been a key focus area for Veritas Capital, as illustrated by its
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