- 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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Virtual Healthcare | News, Analysis, Insights - HIT Consultant
VirTrial Acquires Virtual Care Management Platform SnapMD
- VirTrial acquires SnapMD, a Los Angeles, CA-based full-service enterprise telehealth technology innovator, and solutions provider.- The acquisition supports VirTrial’s goal of making hybrid decentralized clinical trials seamless for sponsors, sites, and patients. - Financial details of the acquisition were not disclosed.VirTrial, a portfolio company of Kinderhook Industries, LLC, announced today the acquisition of SnapMD, an LA-based provider of telemedicine tools and services that improve
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Partners HealthCare Launches $100M, 5-Year Digital Health Initiative to Reshape the Patient Experience
- Partners HealthCare launches $100M, five-year digital health initiative focused on patient experience, clinical transformation, scaling research and development, and streamline hospital operations. - The digital health initiative will incubate innovative programs under development with the goal of expanding programs that show provider adoption and patient impact.Partners HealthCare today announced it has launched a five-year digital health initiative to improve the patient experience, boost
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The Future of Whole-Person Care: The Intersection of Tech and Holistic Health
There is a common misconception in the healthcare field that technological innovation is opposed to the philosophy of holistic care. Tech is viewed as artificial, manufactured, and impersonal — it values human experience only for the sake of developing better algorithms and treats the physical body of the patient without care for their personhood.
In contrast, holistic care is seen as organic and natural; elevating the physical, emotional, and spiritual needs of an individual and seeing them
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Analysis: November 2019 Health IT M&A Activity, Public Company Performance
– Healthcare Growth Partners' (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of November 2019We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached
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Philips, Humana Partner on 2 Pilot Programs to Improve Care for At-Risk Medicare Advantage Members
- Philips and Human collaborate on new pilot programs designed to help support independent living for at-risk Medicare Advantage members by providing 24/7 access to care. - Humana is identifying a pilot group of members with severe CHF. Philips is providing members with kits that include an interactive tablet that syncs data from connected measurement devices via wireless technology. - Humana is identifying members who are at-risk and offering them Philips Lifeline medical alert service,
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The Future of Healthcare: 3 Predictions for the Next Five Years
Medical science was taking great strides around the turn of the 20th century. An Austrian biologist had learned that humans have different blood types, researchers were discovering the existence of vitamins and a Dutch physician invented electrocardiography.
The landscape looks a little different now, just a short 100 or so years later. Medical science is using stem cells to grow new organs, a surgeon in New York City removed the gall bladder of a patient in France using remote robotic arms and
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Aetna to Offer Prenatal App Babyscripts to Support PA Medicaid Members
- Aetna Better Health of Pennsylvania, Aetna’s Medicaid managed care organization in Pennsylvania enters a strategic partnership with Babyscripts. - Strategic partnership will enable Aetna Better Health of Pennsylvania to deliver pregnancy care solutions to plan members at participating WellSpan Health sites using Babyscripts prenatal application. - New point of care model allows low-risk pregnant patients to receive the benefits of remote monitoring and virtual care.Aetna Better Health of
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Q/A: UnitedHealthcare Executive Talks Investment in Telehealth Innovation
Are
telehealth innovations the future of care delivery? Pat Keran, vice president
of product and innovation for UnitedHealthcare shared his insights and what’s
to come from the integration of telehealth innovations in the healthcare
landscape.
It’s should be of no surprise that in today’s app-fascinated world that telehealth services are becoming increasingly popular both for consumers and employers. According to a recent report from the National Business Group on Health, 39 percent of
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Mercy Integrates with Bright.md’s Virtual Care Platform to Modernize Care Delivery
- Mercy, a four-state health system serving Arkansas, Louisiana, Mississippi and Texas will integrate Bright.md services into their care delivery platform to expand their ability to care for patients.- Growing adoption of solutions like Bright.md’s SmartExam underscores increasing demand for non-video telehealth platforms as a more cost-effective and convenient means for treating patients with low-acuity illnesses and conditions that might be considered embarrassing for some individuals such as
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