Back to the PE world, as EDG Partners is providing financing to allow newly-formed PWNHealth to buy a lab services authorization division from Medivo, which offers data analytics for clinical labs.
Xerox, which is not a PE firm, is acquiring a division of Inventiv Health, which is PE owned, called Patient Access Solutions, that helps pharmaceutical companies identify and engage patients.
Medical device manufacturer GreatBatch is buying Lake Regional Medical, which all does outsourcing work for medical device companies, for $1.7 billion.
WebPT, a vendor of administrative software for the rehab providers, is acquiring Therabill, which offers practice management solutions in the same market.
Health care analytics firm Innovalon is acquiring Avalere, which offers consulting and analytics for life sciences companies, for $140 million. Expect more acquisitions from these shouldn't be public HIT companies as they try to maintain growth.
Its not everyday you see this, consumer health information provider Everyday Health, looking into the future, is acquiring Tea Leaves Health, which helps hospitals engage patients.
Large group purchasing firm Premier continues its diversification push, with another software acquisition, buying health care financial management analytics firm Healthcare Insights for $65 million.
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.