Ability Network, which offers technology for health care administrative tasks, demonstrates an ability to sniff out a good deal, hounding ShiftHound til the health care technology workforce manager agrees to be bought.
Quality Systems, a vendor of EHR and other health care software, through its NextGen subsidiary, is acquiring Entrada Systems for $34 million, kind of astounding since Entrada has revenue of $12 million and a loss of $2 million. Entrada has a mobile app that allows patients to access EHR and other provider systems.
UnitedHealth has sold its Connextion unit to customer service communications vendor TeleTech for $80 million, which seems like it must be a less than UnitedHealth paid for the unit, so either they are keeping some of the business or other payers weren't that interested in buying or continuing to use Connextion's services when it was owned by UnitedHealth.
Patient engagement (let's see, where have I heard that phrase before) firm Global Behavioral Solutions, picks off a rival, literally, acquiring Rival Health, which has a platform to help patients manage wellness.
global behavioral solutions rival health
Apr062017
MindBody, which has scheduling and management software for gyms and workout studios, has acquired Lymbar Wellness, which helps such facilities with pricing.
New York-based third-party administrator Pomco Group is being purchased by UnitedHealth Group. UHG does many, many relatively small acquisitions like this every year, most unannounced, as it expands its footprint across the entire health care industry.
India-based business process outsourcing company WNS Holdings has acquired HealthHelp for $95 million. HealthHelp provides a care management platform for payers.
CarePayment, which helps providers and patients ensure that care will be paid for, has been majority recapitalized by a PE firm and is moving headquarters to Nashville.
Hearst Company division First DataBank, a vendor of information and software relating to drugs, has purchased Polyglot Systems, which assists patients with medication instructions in multiple languages.
HMS Holdings, which helps Medicaid and other payers with programs to ensure appropriate payments to providers, has acquired Eliza, which offers patient engagement and member analytics for a whopping $170 million in cash.
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.