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Publicly held PACE program pharmacy company Tabula Rasa is acquiring SinfoniaRx, a medication therapy management firm.
https://www.pehub.com/2017/09/pe-backed-tabula-rasa-buys-sinfoniarx/
Large workers' compensation managed care firm Genex has acquired pain management company Prium.
http://www.wcauthority.com/article/20170901/NEWS08/912315595/Genex-acquires-pain-intervention-program-provider-Prium?utm_campaign=BI20170906WorkersComp&utm_medium=email&utm_source=ActiveCampaign
UnitedHealth Group is buying the health consulting arm of Advisory Board for $1.3 billion. Be interesting to see how hospitals react to the new owner.
http://www.modernhealthcare.com/article/20170829/NEWS/170829882?utm_source=modernhealthcare&utm_medium=email&utm_content=20170829-NEWS-170829882&utm_campaign=mh-alert
Large Catholic-affiliated hospital network Ascension is merging with Presence Health, in another example of hospital consolidation which will do nothing to reduce health spending.
http://www.modernhealthcare.com/article/20170822/NEWS/170829976?utm_source=modernhealthcare&utm_medium=email&utm_content=20170822-NEWS-170829976&utm_campaign=am
Health care provider network analytics vendor Quest Analytics is being acquired by a PE firm for an undisclosed sum.
https://www.pehub.com/2017/08/3468552/
Illinois-based DuPage Medical Group is being sold from one PE firm to another for $1.45 billion.
https://www.pehub.com/2017/08/summit-exits-dupage-medical-in-1-45-bln/
eSolutions, which optimizes customers revenue cycle management processes, is buying RemitDATA, which offers data and analytics capabilities.
https://www.pehub.com/2017/08/pe-backed-esolutions-buys-remitdata/
A few giant tech companies seek to dominate every aspect of our lives, including our health. Google is buying health monitoring company Senosis Health to further its stealthy move into health.
https://www.geekwire.com/2017/exclusive-google-buys-seattle-health-monitoring-startup-senosis-bolstering-digital-health-push/
A PE firm is buying Covenant Surgical Partners, which operates surgicenters in 37 locations.
https://www.pehub.com/2017/08/kkr-to-buy-covenant-surgical-partners/
Air Medical Group is buying American Medical Response for $2 billion, combining two large medical ambulance and transportation providers.
https://www.pehub.com/2017/08/kkr-backed-air-medical-to-buy/
German medical services and products company Fresenius is buying NxStage Medical, which offers home dialysis equipment and services, for $2 billion.
https://www.nephrologynews.com/fresenius-medical-care-acquire-nxstage-medical/?utm_source=newsletter_080817&utm_medium=email&utm_campaign=newsletter&mkt_tok=eyJpIjoiWVRRelpEQTNOVFJoTW1FMyIsInQiOiI2RnpDb210bU04TnBwVWhOd2k2dlJGNmEyc3krZTZpaTZPZHZ1MHZ3Z3B4eVZpYUJQTVwvZ1Z6K2hnbzZ5b0ZZZWJPY01QNlJXN0JqQ2tYMFM3VGpUb0t0ZE8zZ1hZdlJZNDhNbWpJbFYzN2Zpb1laWEViWWR4MkowR2RhYjNyWEgifQ%3D%3D
EHR and practice management software vendor Allscripts is buying McKesson's hospital enterprise software businesses for $185 million.
http://www.modernhealthcare.com/article/20170803/NEWS/170809949?utm_source=modernhealthcare&utm_medium=email&utm_content=20170803-NEWS-170809949&utm_campaign=am
Lots of CRO deals lately. Now Evotec, a Germany-based vendor focusing on pre-clinical development, is acquiring Aptuit, which provides similar services, for $300 million.
http://www.fiercebiotech.com/cro/evotec-to-fill-pre-ind-service-gap-300m-aptuit-buy?mkt_tok=eyJpIjoiWm1ObFlUQm1NalUxT1RrNCIsInQiOiJ6UENNRjVhazRoS2Yycjg2XC9ydEtXRmJRVDZQRzJMNEJ2UGdqQlwvYTBvS1JDWnpzZHFQRTN0TEZueXBFUlcyWFZqWDBcL3VsSXhiSWpZNWdnRVwvbW1LVk8yVFN0Tm5lN29CekJMdm5tdkhOUFdNRWU1XC9FamN1bnVhS3BEbWc3K0NCIn0%3D&mrkid=635530&utm_medium=nl&utm_source=internal
Contract research firm Icon is buying Mapi, which provides data and analysis on the economic and other outcome benefits of drugs.
http://www.fiercebiotech.com/cro/icon-enhances-commercialization-arm-mapi-buy-reports-record-q2?mkt_tok=eyJpIjoiTldaaE5tUTBNREkxTURFMCIsInQiOiIrcHNGbUhXcUZTcjdGMmpwakxRRjdMZUU3QVVcL1RSRmlHcVo3Vm5UWjZyY2F2SDN3TXdXOTBpVmxsRVJNREl0TFFmQ1hhMHh5XC9lRzJEaFBiQ1NoTGw4Z3dJYjFBRmFXU0pCY2YzWlwvUFkxeFVRajdLRCtPRjRRbXcySlRUSzVHQyJ9&mrkid=635530&utm_medium=nl&utm_source=internal
This is what happens when you don't have a fruit in your company name, you get sold. Nursing home pharmacy chain Pharmerica is being bought by a PE firm for $1.4 billion. No word yet on whether the name will be changed to Pharnana.
https://www.pehub.com/2017/08/kkr-to-buy-pharmerica-corp-for-1-4-bln/
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.