Mergers and acquisitions

Healthcare provider wearing a stethoscope around their neck and scrubs sitting at a desk and looking at a computer
By  Jessica Hagen 02:40 pm November 1, 2023
IKS Health, a technology-backed care enablement platform that offers administrative, clinical and operational support, announced it acquired tech-enabled medical-coding, clinical-documentation and revenue-support company AQuity Solutions for $200 million.  IKS' platform includes technology and services for clinical support, revenue optimization, digital health and value-based care.  The company...
Healthcare provider sitting in a chair at a desk with a computer on it while looking at a tablet
By  Jessica Hagen 01:20 pm October 12, 2023
Insurer Cigna's health services subsidiary Evernorth announced it acquired asynchronous platform Bright.md, which it will use to enhance the virtual care offerings of its portfolio company MDLIVE.  Portland-based Bright.md offers an automated patient intake and virtual care connection platform to improve efficiency for hybrid care providers and patients.  Through Bright.md's platform, patients...
A person standing up, holding paperwork watching something while two other people are sitting and one other person has their back turned
By  Jessica Hagen 01:40 pm September 27, 2023
Virgin Pulse, a mobile-first employee wellness and engagement company, announced its intent to merge with HealthComp, a benefits and analytics platform, to create a technology and data-enabled healthcare service for employers.  The reported $3 billion deal, first reported in the Wall Street Journal, will form a combined entity that utilizes technology and an AI-enabled data platform to deliver...
Healthcare provider sitting on a couch with a patient in their home checking their vitals.
By  Jessica Hagen 12:30 pm September 12, 2023
Shareholders of healthcare-at-home specialist Amedisys voted in favor of the roughly $3.3 billion pending acquisition by Optum, a subsidiary of UnitedHealth Group, according to a Securities and Exchange Commission filing. The shareholders approved the adoption of the merger agreement, as well as compensation to the company's executive officers in connection with the merger. Still, the deal...
A doctor answering online inquiries on a laptop
By  Adam Ang 03:44 am September 8, 2023
Online health information platform AskDr has been acquired for an undisclosed sum by Health Innovations, a group of medical doctors based in Singapore. AskDr serves as an online avenue for trusted medical advice and personalised health information. It enables patient-led discussions with doctors as moderators.  Launched during the pandemic, it was run by volunteer doctors who help address medical...
Person sitting down with a computer in front of them with a healthcare provider on the screen
By  Jessica Hagen 12:38 pm September 5, 2023
London-based multinational digital health firm Babylon has sold almost all of its U.K. assets to digital health company eMed Healthcare U.K., a subsidiary of U,S, company eMed, after announcing in early August that its deal to merge with Swiss tech firm MindMaze was canceled. Babylon Healthcare Services Limited, the piece of Babylon purchased by eMed and the bulk of what remained of Babylon...
Mike Miliard, Executive Editor of Healthcare IT News; Hal Wolf, president and CEO of HIMSS; and Ken McAvoy, president of South Florida Ventures at Informa Markets
By  Jessica Hagen 02:16 pm August 3, 2023
The Healthcare Information and Management Systems Society (HIMSS) and exhibition organizer Informa Markets announced the pair had signed an agreement for Informa to take over management of the HIMSS Health Global Conference & Exhibition, with HIMSS continuing to oversee expert content and event programming.  HIMSS Global Conference & Exhibition drew over 40,000 healthcare and technology...
Healthcare provider sitting next to a hospital bed with a teenager in it looking at a phone
By  Jessica Hagen 03:36 pm July 14, 2023
Digital therapeutics company Big Health announced it acquired Limbix, a maker of prescription digital therapeutics aimed at treating depression in teens and young adults.  Limbix is the creator of SparkRx, a PDTx that uses the principles of cognitive behavioral therapy to address depression in teens and young adults ages 13 to 22.  The self-guided CBT-based treatment was released in October 2021...
Alodokter mobile app
By  Adam Ang 08:12 pm July 6, 2023
Indonesian digital health company Alodokter has acquired the pregnancy app Diary Bunda from Japanese conglomerate Marubeni Corp. for an undisclosed sum. Meanwhile, Marubeni also pledged an investment to Alodokter's parent company, Singapore-based Ranelagh, which also operates the doctor platform Alomedika.  WHY IT MATTERS Launched in 2020, Diary Bunda provides personalised medical information and...
People standing in a room shaking hands in front of a large window
By  Jessica Hagen 10:45 am June 23, 2023
Multinational digital health firm Babylon announced it has accepted a take-private proposal from AlbaCore Capital on behalf of its affiliate digital-neurotherapy company MindMaze, which will transition Babylon from a publicly-traded company to a private entity. Babylon and MindMaze, which makes game-like rehabilitation tools for neurological conditions and injuries, will form a global privately-...