mergers and acquisitions

By Jonah Comstock September 9, 2016
Right after reporting that the month of August had an unusual four acquisitions, we had nearly as many in just the first week of September. It seems, going purely on volume, like M&A in digital health is picking up. This week we saw iHealth Labs acquire eDevice for $100 million, HMS Holdings buying Essette for $20 million, and HCA buying Mobile Heartbeat for an undisclosed amount. For a round...
By Jonah Comstock September 6, 2016
iHealth Labs, the connected device subsidiary of Andon Health with offices in Paris and Mountain View, California, has acquired Bordeaux, France-based eDevice for $106 million (98.33 million euros). eDevice is a longtime European provider of back-end infrastructure that connects remote monitoring devices to hospitals and healthcare providers. "eDevice is an amazing company and together, we will...
By Jonah Comstock August 31, 2016
Cardinal Health, an Ohio-based healthcare products and services company, has acquired TelePharm, an Iowa-based company which, among other things, uses telemedicine to connect pharmacists to patients. The sale price was not disclosed. The Des Moines Register broke the news.  TelePharm was founded in 2012. It raised one $2.5 million funding round in 2014, from venture capitalist John Pappajohn and...
By Jonah Comstock July 21, 2016
Medicast, the company that helped launch the recent mobile-enabled physician house call trend, has been acquired by Providence St. Joseph Health, a Washington state-based health system formed from the recently merged Providence Health & Services and St. Joseph Health System. "I’m thrilled to announce that Medicast has been acquired by Providence, and that we will be joining the system’s...
By Mike Miliard July 13, 2016
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. "We are now in a stronger position to pursue market opportunities through innovating and expanding the products and services we offer," said Omar Hussain, president and...
By Jonah Comstock July 7, 2016
Silver Spring, Maryland-based mental health care management company Mindoula Health has acquired Care at Hand, a Boston-based healthcare analytics company that offers a mobile-based early warning system for home caregivers, for an undisclosed amount. "We have dedicated our company to transforming what we see as a broken behavioral health system,” Mindoula CEO Steve Sidel said in a statement. “Our...
By Jonah Comstock June 30, 2016
Lewisville, Texas-based telemedicine company Teladoc has announced plans to acquire Scottsdale, Arizona-based employee health benefits app-maker HealthiestYou for $125 million in a mix of cash and stock. HealthiestYou, which raised $30 million from Frontier Capital in November, provided employees with an app to access a location-aware provider directory to read reviews, ratings and background...
By Jonah Comstock June 9, 2016
Jawbone quietly acquired a company last year that could shed some light on the company's rumored clinical wearable, MobiHealthNews has learned. Spectros, a startup founded by current Jawbone Chief Medical Officer David Benaron, was acquired by Jawbone in 2015. The company confirmed the news to MobiHealthNews in an email. Benaron is a serial entrepreneur whose previous company, Insite, was...
By Jonah Comstock May 23, 2016
Los Angeles-based Canary Health, a startup that uses digital health tools to help populations prevent and manage chronic diseases, has acquired stress management app company bLife for an undisclosed amount.  Canary Health sells its disease-management programs to hospitals and health systems, whereas bLife was a direct-to-consumer app company that created direct-to-consumer stress management apps...
By Jonah Comstock April 26, 2016
Nokia Technologies will acquire French connected health device maker Withings for $191 million (170 million euros). Withings, which makes smartphone-connected weight scales, blood pressure cuffs, activity trackers, and, recently, thermometers, has raised $34 million to date, with the latest being a $30 million round in 2013. As we wrote last month, Nokia has been searching for a new focus area...