Tag

M&A

May 02 2018

Telehealth provider American Well is expanding its offerings by acquiring Avizia, which provides telemedicine in acute care facilities.

https://www.avizia.com/resources/american-well-to-acquire-avizia-deepening-capabilities-in-acute-care-delivery
May 02 2018

Paperless Productivity is acquiring WiseClaim.  The former is a general provider of work automation systems and the latter does electronic claim submission services.

https://www.prnewswire.com/news-releases/paperless-productivity-acquires-wiseclaim-expands-presence-in-healthcare-claims-automation-niche-300624410.html
Apr 27 2018

Hospital system ProMedica is buying HCR Manor Care, an operator of post-acute care facilities, for about $3.3 billion.

https://www.prnewswire.com/news-releases/promedica-health-system-to-acquire-hcr-manorcare-redefining-care-for-seniors-300636947.html
Apr 24 2018

Fresenius is selling its Sound Medical division, which provides emergency and critical care physician and other services, for $2.15 billion euros.

https://www.reuters.com/article/us-fresenius-care-m-a/fresenius-medical-sells-u-s-sound-inpatient-for-2-15-billion-idUSKBN1HS0F3
Apr 23 2018

Humana and two PE firms are buying Curo Health, which operates hospices, for about $1.4 billion.

https://www.pehub.com/2018/04/humana-tpg-welsh-carson-buy-curo-health-1-4-bln/
Apr 19 2018

Two PE firms are doubling, no, wait, make that tripling, down by buying Triplefin, which provides patient support services for drug companies.

https://www.pehub.com/2018/04/water-street-jll-acquire-triplefin/
Apr 18 2018

Wellness and disease management vendor Livongo, which just raised a large round of funding, is acquiring Retrofit, which provides a weight and diabetes management service.

https://medcitynews.com/2018/04/livongos-latest-acquisition-adds-personalized-weight-management-diabetes-prevention-business/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=62187569&_hsenc=p2ANqtz-8Xzhp66i1Ux8f5J7hOcYapXLcDKbZ7P3Cr7blXa1uLFfJ52qQnmDKImb20GO-Yai00Q98to7ntxl87yrANHC8r9Rx5soQgS1B74HNe72FpYred2tc&_hsmi=62187569&rf=1
Apr 11 2018

Home health software company Axxess is acquiring Home Health Gold, which offers data analytics for the same market.

http://www.axxess.com/blog/news-and-events/axxess-acquires-home-health-gold/
Apr 10 2018

Infection control firm Cantel Medical is buying Aexis Medical, which helps hospitals track equipment reprocessing, for about $25 million.

https://www.prnewswire.com/news-releases/cantel-medical-acquires-aexis-medical-300617185.html
Apr 09 2018

EHR vendor Netsmart is acquiring Change Healthcare's home health care and hospice software business, which Change acquired when it bought McKesson's health IT division.

http://www.modernhealthcare.com/article/20180406/NEWS/180409933?utm_source=modernhealthcare&utm_medium=email&utm_content=20180406-NEWS-180409933&utm_campaign=financedaily
Apr 06 2018

Jordan Health Services, a large home-health care provider based in Texas, is being acquired by a PE firm, apparently for around $700 million.

https://www.prnewswire.com/news-releases/palladium-equity-partners-announces-acquisition-of-jordan-health-services-112497939.html
Apr 03 2018

Genae, which provides clinical trial services to medical device firms, is buying data management firm Hilbert Paradox for an undisclosed amount, solving a conundrum.

https://www.fiercebiotech.com/cro/medical-device-cro-genae-buys-health-data-management-company?mkt_tok=eyJpIjoiT0RkaVpqSTFNMk14TURneCIsInQiOiJxbnBaak1nRW92b24xRkpVSzZBazFsR2YxQjhLQXNVMDVzYzMyXC9UWW04N1BRXC91b2ZsV2owNjlKVmR5K0xcLzJlZituWTM1KzdBckJ6QlwvaHY5V2o1UXdUVUlibTg2NzVYaFpKcHVtUnp6T1RIcXFlemZETDM2SnhWdFhNSHdoOGIifQ%3D%3D&mrkid=635530
Apr 03 2018

General Electric is selling part of its health care information technology business to a PE firm for $1.05 billion.  The unit sells staffing, revenue cycle and practice management software and was originally cobbled together when GE intended to compete with large health IT firms.

https://www.reuters.com/article/us-ge-restructuring/ge-healthcare-to-sell-it-unit-to-veritas-for-1-05-billion-idUSKCN1H91HE
Apr 02 2018

Once disgraced revenue cycle management firm Accretive Health cleverly changed its name to R1 RCM and is now acquiring Intermedix' practice management and analytics business for $460 million.

https://www.crunchbase.com/organization/hellomd
Mar 19 2018

Continuing a whirlwind of recent deals, probably meant to mask serious issues, Centene has made a significant investment in RxAdvance, a supposedly futuristic PBM, with the right to increase its stake in the future.

https://www.prnewswire.com/news-releases/centene-and-rxadvance-establish-transformative-partnership-to-create-next-generation-pharmacy-management-solution-300612797.html