Headlines

Recent Health Care News

 

Dec 13 2019

VirTrial, a vendor of software for clinical trials, has acquired SnapMD, which makes a telemedicine platform for providers.

https://snap.md/snapmd-completes-soc-2-and-hitrust-examinations-of-health-data-security-and-controls-2/
Dec 13 2019

Yet another firm to supposedly to facilitate sharing of information in the health system, Bridge Connector, has raised $5 million in new capital.

https://medcitynews.com/2019/12/with-5m-investment-bridge-connector-readies-new-product-to-tackle-interoperability/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=80738274&_hsenc=p2ANqtz-_butUINHNKUElB6jQW1FOqpmUlAGHgP8O6pFgEuhY-ybkG3Xq0ia8YjAnYprvnwP4_MgKyQB1ub2rwetqHO26sZdh3yClpi_In9smnW4-ZkWi1OD8&_hsmi=80738274&rf=1
Dec 11 2019

A private equity firm has combined two firms specializing in delivering pharmacy services to patients served by community health centers--Long's Drugs and PharMedQuest Pharmacy Services.

https://www.kinderhook.com/press-release/kinderhook-recapitalizes-longs-and-pharmedquest-to-create-leading-covered-entity-pharmacy-services-provider/
Dec 10 2019

A private-equity firm is buying Centria, a vendor of autism treatment services, for around $415 million.

https://www.pehub.com/thomas-h-lee-partners-buys-centria-in-400-mln-plus-deal/?utm_source=sailthru&utm_medium=email&utm_campaign=pe%20hub%20wire%202019-12-10&utm_term=pehub%20wire
Dec 09 2019

And the big just keep getting bigger, as OptumRx, the UnitedHealth unit, is buying Diplomat, a specialty pharmacy and infusion vendor, for around $4 a share.

https://www.businesswire.com/news/home/20191209005205/en/Diplomat-OptumRx-Combining-Advance-Access-Specialty-Pharmacy
Dec 05 2019

Mitchell/Genex, a vendor of managed care and other services for workers' compensation and other insurers, is acquiring CompAlliance, which performs case management for workers' compensation plans.

https://www.businessinsurance.com/article/20191203/NEWS08/912331999/MitchellGenex-acquires-managed-care-services-firm?utm_campaign=BI20191204WorkersComp&utm_medium=email&utm_source=ActiveCampaign&utm_campaign=BI20191204WorkersComp&utm_medium=email&utm_source=ActiveCampaign
Dec 03 2019

As part of its effort to close the WellCare acquisition, Centene is selling its Illinois health plan to CVS/Aetna for an undisclosed amount.

https://www.reuters.com/article/us-wellcare-health-m-a-centene/centene-to-sell-illinois-health-plan-unit-to-cvs-to-aid-merger-with-wellcare-idUSKBN1Y614D
Dec 03 2019

Trilliant is brilliant, getting a "major" but undisclosed investment from a PE firm to support its business of helping hospitals grow revenue.

http://astartemedical.com/pr-newswire-2/
Dec 03 2019

HMS Holdings, a payment integrity vendor, has acquired Accent for $155 million, which also offers payment integrity solutions.

https://www.healthdatamanagement.com/news/hms-buys-accent-for-155m-to-expand-offerings-for-health-plans
Dec 02 2019

Presidium Health, a vendor of mobile health management services for treating complex patients at home, has raised $3.5 million in initial capital.

https://www.businesswire.com/news/home/20191119005049/en/Presidium-Health-Announces-Series-Funding