digital health M&A

By Dave Muoio 02:11 pm June 3, 2019
Best Buy has acquired remote senior monitoring service Critical Signal Technologies (CST) and will use its platform to bolster a push into the Medicare Advantage market, the retail electronics company shared during a May 23 investor call. Best Buy did not outline the terms of the deal during the call, only specifying that it had closed during Q2, funded with existing cash and not expected to have...
By Dave Muoio 11:47 am May 28, 2019
This month’s news that Apple had picked up the patent rights for a passive health monitoring system from startup Tueo Health does not appear to the only business occurring between the two companies. On Friday, CNBC reported that the consumer tech company had also outright acquired the small respiratory health company for an undisclosed sum. Tueo Health’s website was pulled down at some point late...
By Jonah Comstock 03:31 pm April 5, 2019
The first quarter of 2019 started off strong with 17 digital health mergers and acquisitions, including five over the course of two days at the end of February. The quarter's acquisitions included moves by ClassPass and Teladoc to bolster emerging international businesses with the acquisitions of GuavaPass and Médecin Direct, respectively, as well as a number of consolidation deals in niche...
By Laura Lovett 10:12 am April 4, 2019
This morning, maternal health focused femtech company Advantia Health announced that it has acquired Pacify, a live video chat platform for new and soon-to-be moms.  As part of the deal Advantia Health, which provides in-person care with a companion care coordination platform, will now be able to offer its members video chats. Advantia Health estimates that the services will be available to...
By Jonah Comstock 01:17 pm March 19, 2019
Teladoc Health has announced another acquisition that will bolster its growing international line of business. The US virtual care company will acquire Paris, France-based MédecinDirect, which provides confidential medical consultations via phone and internet. The terms of the acquisition were not disclosed, but Teladoc said “the acquisition will be immaterial to Teladoc Health’s financial...
By Laura Lovett 03:57 pm March 8, 2019
This week Zoll Medical Corporation, a medical device and software company, announced that it acquired patient charting and revenue cycle management company Golden Hour for an undisclosed sum.  The companies, which both offer charting and services related to the emergency medical services market, will now be able to combine its efforts, according to a statement.  “We have been looking at this...
By Laura Lovett 11:47 am March 6, 2019
This afternoon senior-focused EHR and health software company PointClickCare Technologies announced that it has acquired post-acute care management company QuickMar.  As part of the deal, PointClick Care will control QuickMar’s signature product, the CareSuite Manager. The system includes an EHR and electronic medication administration record (eMAR) that is targeted at post-acute care centers....
By Jonah Comstock 02:18 pm February 27, 2019
Guidewell Connect, a consumer engagement company that shares a parent company (Guidewell) with health insurer Florida Blue, has acquired Onlife Health, a health and wellness technology platform, from Blue Cross Blue Shield of Tennessee and Cambia Health Solutions. The terms of the deal were not disclosed. Onlife offers member engagement services that include wellness and chronic condition...
By Dave Muoio 01:47 pm February 27, 2019
Healthcare software and services company WellSky (previously known as Mediware) announced yesterday the acquisition of Health Care Software (HCS), which specializes in clinical and financial software for long-term care settings. The terms of the deal were not disclosed. Although HCS will keep its New Jersey office and continue operations, the company will gradually transition into the WellSky...
By Laura Lovett 12:01 pm February 27, 2019
Looking to the emergency medicine space, this morning interoperable health IT company Medsphere Systems Corporation announced that it is set to acquire Wellsoft, a company that specializes in ED information systems.  As part of the deal Medsphere will be acquiring Wellsoft’s signature product, the Emergency Department Information Systems (EDIS), which is targeted at improving workflow in EDs and...