mergers and acquisitions

By Jonah Comstock December 4, 2017
CVS Health made a surprising announcement yesterday: It has reached a deal to acquire health insurer Aetna for $69 billion. While a pharmacy chain buying a health insurer seems strange on the surface, from the perspective of the consumerization of healthcare it makes sense, and the two companies said as much in their official announcement. "This is the next step in our journey, positioning the...
By Jonah Comstock October 11, 2017
Health enterprise software company Welltok has acquired Tea Leaves Health from j2 Global subsidiary Ziff Davis for north of $80.8 million. While the company didn't disclose the amount of the acquisition, CEO Jeff Margolis told MobiHealthNews in an interview that the company was required to file with the FTC under the Hart-Scott-Rodino Act, and that $80.8 million is the HSR reporting threshold....
By Jonah Comstock September 13, 2017
Mountain View, California-based Livongo Health, the chronic condition management technology company founded by former Allscripts CEO Glen Tullman, has acquired Diabeto, a diabetes management company based in Piscataway, New Jersey in the US and Maharashtra in India. The terms of the acquisition were not disclosed. Though it was founded in 2012, Diabeto really hit the scene in 2015 with an...
By Jonah Comstock June 19, 2017
Dutch investment company Main Capital Partners has acquired a majority stake in Verklizan, a Dutch telehealth infrastructure company. Currently Verklizan operates in the Netherlands, Germany, England, France, and Spain, but one of the goals of the acquisition is to support continued international expansion. Verklizan offers a "innovative, cloud-based, Connected Healthcare platform for social...
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 Heather Mack May 18, 2017
The Wellness Network, a Pewaukee, Wisconsin-based television and digital media network for hospitals, has acquired patient education video publisher Milner-Fenwick. The financial terms of the deal were not disclosed. The Wellness Network is among the largest in-hospital education networks in the country, comprising 2,300 hospitals and 300,000 screens (TV, tablet), and they collaborate with a...
By Jonah Comstock April 24, 2017
Medidata, a New York City-based company that offers cloud storage and data analytics services for clinical trials, announced last week its plans to acquire Mytrus, a clinical trial technology company focused on patient-focused electronic informed consent and remote trials. The terms of the acquisition were not disclosed. “The informed consent process is one of the most important parts of running...
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 Heather Mack March 16, 2017
Irving, Texas-based HMS Holdings, which owns a number of subsidiaries that offer software tools for payers, has acquired health engagement platform provider Eliza Corporation for a cash purchase price of $170 million. Eliza offers a SaaS engagement platform to employers, providers, health plans, hospitals, pharmacies and clinics to help them establish the best method and time to engage customers...
By Jonah Comstock February 22, 2017
Patient engagement company Medfusion has acquired NexSched, which makes a patient-facing appointment scheduling tool. The terms of the deal were not disclosed. “With NexSched, we are meeting the patient demand for an improved healthcare experience, and arming practices with the technology they need to be successful in a consumer-driven market,” Kimberly Labow, CEO of Medfusion, said in a...