February 5, 2019
This morning PerfectServe, a Tennessee-based medical communication and collaboration platform, announced two new acquisitions in the digital health space. The first is CareWire, which is a mobile patient communication platform. The second is Lightning Bolt Solutions, an artificial intelligence-run physician shift scheduling technology designed for hospital and healthcare system.
January 28, 2019
This morning BioTelemetry, a remote and wireless company with a specialization in health information, announced that it is acquiring startup Geneva Healthcare, maker of remote monitoring for implantable cardiac devices, for $45 million in upfront cash with additional performance-based earn-out considerations of no less than $20 million.
The plan is for the two companies to merge together under...
January 14, 2019
Online fitness membership platform ClassPass announced last week that it will be acquiring GuavaPass, a similar competing service active in Asia and the Middle East.
The deal is set to close before the end of the month. Although the specific terms were not disclosed in the original announcement, a company spokesperson told Fortune that the purchase ran ClassPass $4.2 million. Along with assuming...
December 14, 2018
Updated 12/21 with additional deals.
MobiHealthNews has been tracking mergers and acquisitions in the digital health space since 2013, and with the exception of a small blip last year, the number has gone up every year. In 2018, we saw a record-breaking 56 acquisitions and mergers in the space, 13 of which had disclosed price tags totaling $7.6 billion.
This year was notable not only for the...
December 3, 2018
This morning Tabula Rasa Healthcare, a digital health company focused on medication safety, announced that it has agreed to acquire Australian company DoseMe for an undisclosed sum.
The acquisition, which is set to close the first quarter of 2019, means Tabula Rasa will be acquiring DoseMeRx, a platform designed to help clinicians and pharmacists figure out the proper dose of medication for high...
December 3, 2018
This morning ResMed, maker of connected respiratory devices, announced that it is acquiring Wisconsin-based digital respiratory health company Propeller Health for $225 million.
ResMed, a publicly traded company, is set to finalize the acquisition of Propeller Health by March 2019, which marks the end of its 2019 fiscal year.
Propeller is best known for its smart inhalers that help people...
November 21, 2018
Medtronic has announced that it will acquire long-time partner Nutrino, an AI powered personalized nutrition platform for an undisclosed sum.
As part of the deal Medtronic will be integrating Nutrino’s AI-driven personalized insights and food database. The acquisition is set to specifically boost Medtronic’s offerings for people living with diabetes and offer the company’s predictive glycemic...
November 13, 2018
Switzerland-based MindMaze announced yesterday its acquisition of fellow neuro-rehabilitation tech company Neuro Motor Innovations Corporation (NMI) for an undisclosed sum.
According to the announcement, MindMaze will acquire a perpetual license to NMI’s rehabilitation technology and pick up NMI cofounder Dr. John Krakauer as its now chief medical and chief scientific advisor. Krakauer and...
November 8, 2018
GetWellNetwork — a company offering tools to drive patient engagement and support clinical care teams — has acquired the digital engagement platform HealthLoop, the companies announced this morning. The deal was closed on November 6.
While the terms of the acquisition remain under wraps, GetWellNetwork CEO and founder Michael O’Neil told MobiHealthNews that his company plans to keep on, and...
November 5, 2018
This morning ResMed, maker of connected respiratory devices, announced that it is set to acquire MatrixCare, a Minnesota-based EHR company, for $750 million.
MatrixCare’s EHR is targeted towards long-term post acute care services, such as skilled nursing facilities, life plan communities and senior living homes.
The deal is expected to help ResMed expand its software-as-a-service offerings,...