What You Should Know: - Frazier Healthcare Partners, a leading healthcare investment firm, announced today the successful acquisition of RevSpring. - RevSpring, a provider of end-to-end communication and payment solutions for healthcare and financial services companies, will join Frazier's portfolio. Frazier's Investment Fuels RevSpring's Future The acquisition brings together RevSpring's established presence in the communication and payment solutions market with Frazier's deep
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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant
Innovaccer Acquires Pharmacy Quality Solutions to Bolster Value-Based Care Initiatives
What You Should Know: - Innovaccer, a healthcare IT company, announced today the acquisition of Pharmacy Quality Solutions (PQS), a leader in Pharmacy-Payer performance technology. - By leveraging PQS's strengths, Innovaccer is poised to play a leading role in shaping the future of value-based care and medication management within the healthcare landscape. Enhancing Value-Based Care The acquisition positions Innovaccer to play a more significant role in the transformation of
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R1 RCM Forms Special Committee to Evaluate $5.8B PE Firm Buy-Out Offer
What You Should Know: - R1 RCM Inc. (NASDAQ: RCM), a provider of healthcare revenue cycle management solutions, announced the formation of a special committee comprised solely of independent directors. - The new committee will evaluate strategic options for the company in response to a recent $5.8B buy-out offer from private equity firm New Mountain Capital. Responding to New Mountain Capital On February 26, 2024, New Mountain Capital filed a Schedule 13D/A with the Securities and
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Linus Health Acquires Clinical-Grade Speech Platform Aural Analytics
What You Should Know: - Linus Health, a leader in early detection of Alzheimer's and dementia, has acquired Aural Analytics, a company specializing in clinical-grade speech analysis technology. Aural Analytics’ speech analytics platform provides objective, repeatable metrics—unlocking a new paradigm of patient care. - The strategic move strengthens Linus Health's position in the fight against cognitive decline by adding a powerful new tool to its assessment platform. Enhanced Detection
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UpLift Acquires TAO Connect: Integrated Mental Healthcare Platform for Higher Ed
What You Should Know: UpLift, a technology-driven behavioral health company delivering in-network therapy and psychiatry, today announced that it has acquired TAO Connect, a therapy-assisted mental health solution with digital tools and resources designed for higher education institutions. With the acquisition of TAO Connect, UpLift now provides services to over 170 enterprise customers nationwide and across Canada, covering over four million people, including over two million
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Carenet Health Acquires Health Dialog to Enhance Population Health Services
What You Should Know: - Carenet Health, a provider of healthcare engagement and technology solutions acquires Health Dialog, a global leader in personalized population health services. - Carenet is acquiring all assets of Health Dialog from Rite Aid, including its clinical staff, population health programs, and data analytics capabilities. - The combined platform will leverage Carenet's technology expertise and Health Dialog's robust data analytics and modeling capabilities to provide
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Healthpeak Properties Finalizes Merger with Physicians Realty Trust
What You Should Know: - Healthpeak Properties, Inc. (NYSE: PEAK) ("Healthpeak") announced the successful completion of its all-stock merger with Physicians Realty Trust. - The combined company will continue to operate under the name Healthpeak Properties, Inc. and will begin trading under the new ticker symbol "DOC" on the New York Stock Exchange today. $750M Growth Loan To support its growth objectives, Healthpeak has secured a new $750 million, 5-year unsecured term loan. The
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WebMD Acquires Healthwise Assets to Strengthen Patient Education Offerings
What You Should Know: - WebMD Health Corp., a provider of health information services, announced today the acquisition of certain operating assets from Healthwise, Inc., a company specializing in patient education and engagement solutions. - Healthwise's assets, including its extensive library of patient education content, technology platform, and client relationships, will be integrated into WebMD Ignite, WebMD's healthcare engagement division. Enhancing Patient Education and
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Veradigm Acquires ScienceIO for $140M in Cash to Accelerate AI Innovation in Healthcare
What You Should Know: - Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced an agreement to acquire ScienceIO, a leader in healthcare AI platform and foundation models. - The acquisition is valued at $140 million in cash, with $44 million deferred and payable in installments over three years. Veradigm will fund the transaction entirely from existing cash reserves. Strategic Acquisition to Enhance AI Capabilities This acquisition signifies
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DarioHealth Acquires Twill for $10M, Creating a Comprehensive Digital Health Platform for Chronic Conditions
What You Should Know: - DarioHealth Corp. (Nasdaq: DRIO) announced the acquisition of Twill, Inc., a leader in digital-led chronic care management, in a move that positions Dario as a major player in the digital health market. - This strategic acquisition will create a comprehensive platform addressing a wide spectrum of chronic conditions, from emotional health to diabetes and heart disease. Acquisition Financial Terms Under financial terms, Dario paid $10 million in cash and issued
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