MedSolutions has purchased Triad, a musculoskeletal care management vendor, to add to its overall cost management capabilities.
http://www.medsolutions.com/news/11-19-13.html
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Apax Partners and associated funds are purchasing One Call Care Management for a believed $2.3 billion and also acquiring Align Networks. Both entities serve the workers comp industry and when combined will be the major vendor to employers and insurers in the space.
The Hearst Corporation, owner of First DataBank and other health care software divisions, is acquiring Homecare Homebase, a provider of software for the home care and hospice industry.
Towers Watson has purchased private health insurance exchange vendor Liazon to add to its capabilities and to its earlier purchase of Extend Health. All of the large benefits consultants are aggressively engaged in providing this capability to clients.
iVantage Health Analytics, which serves primarily hospitals, has acquired Xylem Consulting to boost its capabilities in helping health systems with payer contract negotiation and analysis.
CVS Caremark is buying the home infusion of Apria Healthcare, Coram, for about $2.1 billion. This will make CVS the largest provider of home infusion and a bigger player in specialty drugs.
MapMyFitness, a maker of apps to enter and track various kinds of exercise and fitness apps, hit the jackpot, being bought out by Under Armour, a maker of sports clothing for a cool $150 million. Map that!!
Health Care Service Corporation, a large Blues plan, announced an agreement to acquire Lovelace Health Plan of New Mexico. HCSC already owns the Blues plan in New Mexico so this action will reduce competition in the state.
The Advisory Board has acquired Care Team Connect, which offers software helping to connect providers caring for the same patient. The acquisition furthers The Advisory Board's offerings for care management by providers.
Passport Health Communications is being acquired by Experian for $850 million. Passport helps health care providers manage their revenue cycles and obtain payment.
Medseek, a provider of software to hospitals and other provider organizations, has acquired SymphonyCare, which offers population health management tools for providers. This acquisition is part of the ongoing trend for HIT vendors to offer broader wellness and care management solutions to providers, particularly those at risk for care costs.
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.