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Voalte

Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- 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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Global Digital Health VC Funding Breaks $5.1B in First Half of 2019

by Fred Pennic 07/16/2019 Leave a Comment

VC Funding in Digital Health Hits $5.1 Billion in 1H 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

by Fred Pennic 04/17/2019 Leave a Comment

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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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary

by Fred Pennic 04/06/2019 Leave a Comment

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

by Jasmine Pennic 03/11/2019 Leave a Comment

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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Voalte Appoints Adam McMullin as Chairman and CEO

by HITC Staff 04/19/2016 Leave a Comment

Voalte Appoints Adam McMullin as Chairman and CEO

Voalte, a Sarasota, FL-based company that develops smartphone alternatives that simplify caregiver communication has appointed Adam McMullin as chairman and chief executive officer, replacing Founder and President Trey Lauderdale. The company recently announced the addition of 125 hospitals to its customer basePrior to joining Voalte, McMullin led Hill-Rom’s Clinical Workflow Solutions business where he defined and initiated a new growth strategy, built a new leadership team, acquired and
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Uber Teams with Voalte, SMH to Offer Patients Rides to Doctor’s Appointment

by Jasmine Pennic 11/13/2015 Leave a Comment

Uber Teams with Voalte, SMH to Offer Patients Ride to Doctor's Appointment

Sarasota, FL-based healthcare communication company Voalte is teaming up with  Uber and Sarasota Memorial Health Care System, to create a new Voalte app that could make scheduling transportation easier for patients who need a ride to their doctors’ or medical appointments. Pilot Program Details The pilot program will integrate Voalte's app with Uber’s internet-enabled platform to give a group of Sarasota Memorial patients discharged from the hospital a convenient option to pre-arrange
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Voalte Raises $17M to Improve Hospital Communication with Smartphones

by Jasmine Pennic 09/03/2015 Leave a Comment

Voalte

Voalte, a Sarasota, FL-based company that develops smartphone alternatives that simplify caregiver communication has raised $17 million in Series D funding led by Ascension Ventures, Cerner Capital, Inc., an affiliate of Cerner Corporation, and Bedford Funding. The funding will be utilize to sustain triple-digit growth trajectory as revenues grew by 250 percent year-over-year in the second quarter, due in large part to continual product innovation as well as a rapidly expanding customer base.
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