The market for mergers and acquisitions among healthcare IT companies is firing up this year. Here are some of the most promising deals to keep an eye on.
Wolters Kluwer Health announced October 4 it will acquire Chicago-based Emmi Solutions for $170 million in cash. Founded in 2002, Emmi's patient engagement platform offers peer-reviewed content and personalized communication to help patients across the continuum of care, from prevention to treatment to follow-up. Wolters Kluwer CEO Diana Nole said engaging patients can help providers strive to impove care quality and control costs.
Cloud-based IT developer athenahealth announced on Aug. 29 that it hasacquired the care coordination platform Patient IO to expand the company's focus on patient-centered care. athenahealth said the acquired 'API-first' architecture of Patient IO will form the foundation of its athenawell patient-facing mobile application. Pictured: athenahealth CEO Jonathan Bush.
Tech giant Apple appears to be taking a giant step further into healthcare with the purchase of startup Gliimpse, a personal health data company launched three years ago.
Leidos, which along with Cerner and Accenture, last year won a $9 billion contract to provide the Department of Defense with a new electronic health record at DoD facilities worldwide, recently positioned itself gain even more healthcare business in a deal with Lockheed Martin.
Imprivata, the Lexington, Massachusetts-based developer of health IT security tools, has agreed to be acquired by an affiliate of Thoma Bravo, a San Francisco private equity firm. The deal is valued at approximately $544 million. Pictured: Imprivata CEO Omar Hussain.
Evolent Health and Valence Health have reached a definitive agreement for Evolent to purchase the majority of Valence's business, excluding its state insurance cooperative contracts, for approximately $145 million, the companies announced today. Pictured: Evolent CEO Frank Williams.
The Pittsburgh healthcare giant partnered with Big Blue to launch a new company, applying IBM Watson's artificial intelligence to drive efficiency in the healthcare supply chain. Pictured: James Szilagy of UPMC's new supply chain company.
Texas-based Teladoc has signed a definitive agreement to acquire mobile patient engagement company, HealthiestYou, which is based in Scottsdale. HealthiestYou is a telehealth consumer engagement technology platform in the small to mid-sized employer market that offers a suite of tools to help its members control healthcare access and costs, including physician locator, and prescription pricing and benefits.
The move, announced June 28, expands Medsphere’s enterprise healthcare IT products and services to include ChartLogic’s ambulatory EHR, practice management and medical billing technology. Medsphere Systems CEO Irv Lichtenwald (pictured) said his company's merger with ChartLogic will create a comprehensive healthcare IT platform
The companies partnered to form a new healthcare IT startup focused on managing the transition to value-based care. Change Healthcare CEO Neil de Crescenzo said that bringing together complementary solutoins from both entities will enable the companies to deliver innovative new solutions that they otherwise could not.
Affinity Health System, Columbia St. Mary's, Ministry Health Care and Wheaton Franciscan Healthcare revealed their intentions to combine into Ascension Wisconsin. The new system will be part of parent company Ascension, the largest nonprofit health system in the United States and the world's largest Catholic health system.
CloudMedx, a big data health analytics company, has acquired Gyrus Labs to extend its CloudMedx Analytics Platform, which is designed to help improve patient care through data insights. Tashfeen Suleman, co-founder and CEO of CloudMedx, said "CloudMedx resolves two major paint points for healthcare organizations: achieving quality and dealing with revenue pressure,"
UPMC says it will take a majority interest in New York-based medCPU, become a customer of the company and also will co-develop new products to take to market.
McKesson is expanding its footprint in the oncology field with a combined $1.2 billion acquisition of two companies – Vantage Oncology and Biologics.Vantage Oncology provides radiation oncology, medical oncology and integrated cancer care across the country.Biologics is an oncology pharmacy services company.
e-MDs, an Austin, Texas-based developer of ambulatory electronic health records and practice management tools, will acquire several technology assets from McKesson Business Performance Services. Terms of the deal were not disclosed.
Medsphere Systems, maker of the OpenVista electronic health record, and MBS/Net have merged, adding physician practice services and proprietary applications to Medsphere’s existing healthcare IT tools and services for acute and inpatient behavioral health settings.
Experian Health, a technology vendor that specializes in automating and integrating revenue cycle and patient care coordination, has announced at HIMSS16 that it has adopted the brand Experian Health across its entire portfolio of healthcare businesses. The company is making the change to reflect the unification of 11 of its brand names, including Experian Healthcare.
IBM executives say the purchase adds not only a massive repository of health data to the Watson Health Cloud, but also an extensive client roster to IBM's Watson Health unit.
Epic will buy the Mayo Clinic’s data center for $46 million in a sale-leaseback deal for the 62,000-square-foot facility. That means the EHR giant will lease it back to Mayo for four years, with an option to continue doing so in perpetuity, as first reported by Finance and Commerce.
NantHealth announced plans to acquire Boston-based NaviNet, wrapping up what iCEO Patrick Soon-Shiong, MD, alled a 10-year plan for the tech firm,