Tag

M&A

Nov 19 2013

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!!

http://online.wsj.com/article/PR-CO-20131114-909210.html?dsk=yhttp://
Nov 18 2013

On-site clinic company QuadMed is acquiring NoviaCare, which also operates clinics at companies.  The combined entity will have more than 90 locations.

http://online.wsj.com/article/PR-CO-20131009-908471.html
Nov 12 2013

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.

http://www.businesswire.com/news/home/20131111006050/en/Health-Care-Service-Corporation-Acquire-Lovelace-Health
Nov 12 2013

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.

http://www.healthcare-informatics.com/news-item/advisory-board-acquires-care-team-connect
Nov 07 2013

Passport Health Communications is being acquired by Experian for $850 million.  Passport helps health care providers manage their revenue cycles and obtain payment.

http://www.passporthealth.com/about_us/news/13-11-06/Passport_to_be_Acquired_by_Experian.aspx?CntPageID=1
Nov 04 2013

IOD Inc., a vendor of health information systems, has acquired ApeniMed, which specializes in health information exchange products.

http://www.iodincorporated.com/iod-incorporated-acquires-apenimed-technology-to-streamline-release-of-information-efforts/
Nov 04 2013

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.

http://medseek.com/news/medseek-acquires-symphonycare
Nov 04 2013

Inventiv has acquired medication adherence firm Catalina Health and will combine it with its Adheris unit to improve patient specific messaging around drug use.

http://www.modernhealthcare.com/article/20131101/NEWS/311019949?AllowView=VW8xUmo5Q21TcWJOb1gzb0tNN3RLZ0h0MWg5SVgra3NZRzROR3l0WWRMWGFWZjBBRWxiNUtpQzMyWmFxNTMwWUpiaW8=&utm_source=link-20131101-NEWS-311019949&utm_medium=email&utm_campaign=hits&utm_name=top
Nov 01 2013

According to Levin Associates health care M & A activity was up 16% in the third quarter of 2013 over the second quarter and 20% over the comparable period in 2012.  The 267 transactions, however, had a 35% greater value than the prior year third quarter deals.  Biotech, pharmaceutical, medical device, long-term care and hospitals were very active sub-sectors.

http://www.businesswire.com/news/home/20131023005141/en/Health-Care-MA-Spending-Softens-Q3-2013
Oct 30 2013

WebMD has acquired Avado, Inc., a provider of cloud-based patient relationship managment tools.

http://investor.shareholder.com/wbmd/releasedetail.cfm?ReleaseID=801336&CompanyID=WBMD
Oct 24 2013

Health Systems International, a company which assists payers in avoiding fraud and inappropriate provider reimbursement, has acquired The Reclaim Group, which provides similar services.

http://www.prweb.com/releases/2013/10/prweb11246703.htm
Oct 24 2013

WellTok, a population health management and wellness company, announced that it has acquired IncentOne, which was an early pioneer in providing incentives for wellness and care management programs.

http://www.marketwired.com/press-release/welltok-acquires-leading-health-incentive-management-company-set-new-performance-standard-1843386.htm