What You Should Know: - ChrysCapital, India's largest homegrown private equity (PE) firm, is reportedly exploring the sale of GeBBS Healthcare Solutions, a Los Angeles-based healthcare business process outsourcing (BPO) company. - This comes roughly six years after ChrysCapital acquired GeBBS in 2018. The potential $1 billion valuation reflects a significant increase from the acquisition price in 2018. This transaction could signal ChrysCapital's strategy of entering a
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Vista Equity Partners Acquires Model N for $1.25B
What You Should Know: - Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners ("Vista"). - Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. - The transaction is expected to close in
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SnapCare Acquires Medecipher to Transform Healthcare Workforce Management
What You Should Know: - SnapCare, a leading healthcare workforce solutions provider, has announced the acquisition of Medecipher, Inc., a cloud-based predictive analytics staffing platform. - The strategic acquisition strengthens SnapCare's position in the market by offering a comprehensive suite of solutions for optimized staffing across the entire care continuum. Medecipher AI-Powered Scheduling Medecipher's intelligent staffing platform tackles the challenge of manual scheduling
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QuickMD Acquires Project Recovery, Expanding Access to Telehealth Addiction Treatment in South Dakota
What You Should Know: - QuickMD, a leader in telehealth addiction treatment, has announced the acquisition of Project Recovery, a well-respected addiction treatment clinic in South Dakota. This strategic move strengthens QuickMD's commitment to making high-quality addiction treatment accessible and compassionate for individuals battling substance use disorders. - The acquisition allows QuickMD to offer a seamless continuum of care, from telehealth consultations to in-person appointments
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Sagility Acquires BirchAI: Boosting Healthcare Engagement with Generative AI
What You Should Know: - Sagility, a healthcare services provider acquires BirchAI, a Seattle-based company specializing in cloud-based, AI-powered customer support solutions. This strategic move strengthens Sagility's commitment to leveraging technology for a more efficient and impactful healthcare experience. - The acquisition broadens Sagility’s analytics and automation-backed healthcare engagement services that it provides to large national payers, Blues plans, regional payers, health
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Strengthening Cybersecurity Preparedness for Small Organizations: Lessons from the Change Healthcare Ransomware Attack
Here we go again. The US health system is in a desperate cybersecurity state of affairs. Another healthcare cyberattack has made the news and it’s a big one. UnitedHealth Group’s technology unit, Change Healthcare, is currently facing an ongoing ransomware attack which has reverberated through healthcare systems and affected prescription deliveries. This should raise red flags for all healthcare organizations regardless of their size, but particularly for smaller organizations with
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Syllable Acquires Healthcare CRM Intelligence Platform Actium Health
What You Should Know: Syllable, a leader in healthcare artificial intelligence and process automation, today announced its purchase of Actium Health. Financial details were not disclosed.As the industry evolves, health systems are faced with multiple challenges: Revenue growth with limited capacity, managing and retaining a highly-skilled, but burnt-out workforce, increasing operational costs, and making the most of their care delivery capacity to ensure patient access to high-quality
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AstraZeneca Acquires Fusion Pharmaceuticals for $2B to Bolster Radioconjugate Pipeline
What You Should Know: AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs).The acquisition marks a major step forward in AstraZeneca delivering on its ambition to transform cancer treatment and outcomes for patients by replacing traditional regimens like chemotherapy and radiotherapy with more targeted treatments. AstraZeneca's Acquisition of Fusion:
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Anatomy IT Acquires Manta HealthTech, Expands into Healthcare Sub-Verticals
What You Should Know: - Anatomy IT, a leading provider of healthcare IT and cybersecurity solutions, announced today the acquisition of Manta HealthTech, a healthcare-focused managed IT services firm. - The acquisition positions Anatomy IT as a leading force in healthcare IT solutions, offering comprehensive support across diverse healthcare settings. Financial details of the acquisition were not disclosed. Expanding Expertise and Geographic Reach Headquartered in the Minneapolis-St.
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Mahana Acquires Cara Care to Expand into the European Market
What You Should Know: - Mahana Therapeutics, a provider of digital chronic condition management programs acquires Cara Care, a Berlin-based company specializing in digital digestive healthcare. - The acquisition of Cara Care is expected to accelerate Mahana’s market entry in Europe where the reimbursement of digital programs is outpacing the United States. Financial terms of the acquisition were not disclosed. Expanding Digestive Health Portfolio and Global Reach: The
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