digital health mergers and acquisitions

By Jeff Lagasse August 2, 2017
NextGen Healthcare Information Systems, a subsidiary of Quality Systems, has agreed to plunk down $26 million to acquire EagleDream Health, a cloud-based analytics outfit that optimizes practice performance using clinical, financial and administrative data. The deal is expected to close this quarter, pending all the customary closing conditions.   NextGen is a healthcare information technology...
By Jeff Lagasse July 24, 2017
WebMD Health Corp., operators of the popular WebMD website, is being acquired by Internet Brands, a portfolio company of KKR, for about $2.8 billion. A subsidiary of Internet Brands will float a tender offer in the next 10 business days to acquire all of the issued and outstanding shares of WebMD common stock for $66.50 per share, to be paid in cash when the transaction’s a done deal. The...
By Jonah Comstock June 30, 2017
With today’s acquisition of mySugr by Roche, the second quarter of 2017 hits a total of 12 digital health acquisitions — tying Q1 and bringing the total for the year so far to 24. Among these are some major names in the space, including telemedicine leader Teladoc, early digital health entrants Voxiva and GreatCall and even consumer tech giant Apple. Because only one acquisition had terms...
By Jonah Comstock June 7, 2017
GreatCall, the San Diego company that started out making smartphones for seniors in 2006 but now offers a suite of connected safety products for aging in place individuals, has been acquired by Chicago-based private equity firm GTCR. The amount of the deal was not disclosed. "The business services team has been focused on this PERS world for the better part of a decade, looking for the option...
By Jonah Comstock May 10, 2017
Apple has acquired sleep tracking company Beddit for an undisclosed amount. CNBC broke the news last night based on a change in Beddit's privacy policy, and Apple has since confirmed it. This is an interesting acquisition for Apple, which has largely eschewed the sleep tracking space even as it's become commoditized for the rest of the wearable tracker space. MobiHealthNews noted when the Apple...
By Jonah Comstock April 27, 2017
Souix Falls, South Dakota-based DocuTAP, which makes tablet-based EMR and practice management software, has acquired Atlanta-based Clockwise.MD, a maker of mobile appointment-booking software. The terms of the deal were not disclosed. "DocuTAP shares our entrepreneurial approach and commitment to providing a better experience for patients and providers alike. We are pleased to join forces and...
By Jonah Comstock April 18, 2017
Only one quarter into 2017, there have already been an impressive number of mergers and acquisitions in the digital health space. While some were bigger and more unexpected than others, they all demonstrate a maturing and consolidating space. Read on for the 12 mergers and acquisitions we’ve tracked since January. They’re listed in descending order of acquisition price, with the undisclosed...
By Jonah Comstock March 16, 2017
UK-based Monica Healthcare, one of the earliest digital health companies, has been acquired by GE Healthcare. While the terms of the deal were not disclosed, investor Catapult Ventures shared that it recieved a 3.5x return on its investment. MobiHealthNews's reporting has the company's total funding to date around $7 million. “At GE Healthcare, we are committed to improving the health care...
By Jonah Comstock March 8, 2017
Miami-based TreatMD, a telemedicine company that uses a platform approach to connect patients and physicians around the world, has been acquired by site-to-site telemedicine technology group GlobalMed. Terms of the deal were not disclosed. “The addition and integration of TreatMD into the GlobalMed family cements our position as the only vertically integrated solution that spans the complete care...
By Jonah Comstock February 2, 2017
Molina, CareSpeak team up for adherence program. Molina Healthcare, a multi-state healthcare organization, tapped CareSpeak Communications to develop a text message program to improve medication adherence. Members in California, Michigan, and Ohio can recieve tailored reminders, feedback, and encouragement about their medications in English or Spanish. "Molina's mission is to provide quality...