May 4, 2018
EHR vendor Allscripts has made an agreement to purchase patient communication app maker HealthGrid for $60 million in cash, with an additional $50 million in earnout payments based on HealthGrid achieving certain revenue targets over the next three years, according to a recently registered SEC filing. The merger of the two companies is expected to close sometime during Q2 2018.
September 25, 2017
Generali Global Assistance, the US division of Europ Assistance Group, has acquired CareLinx, a seven-year-old digital health startup that offers a matching service for families and caregivers. The terms of the deal were undisclosed.
“From the Generali perspective, we really believe we’re acquiring a unique asset with a competitive advantage of the nationwide caregivers as opposed to the...
December 1, 2016
According to a scoop from The Information last night, fitness tracker market leader Fitbit will buy beleaguered smartwatch pioneer Pebble. TechCrunch and Engadget are both citing anonymous sources, saying that the deal is for between $34 million and $40 million -- barely enough, TechCrunch says, for Pebble to cover its debts.
The news isn't entirely unexpected -- it was clear that Pebble was...
November 2, 2016
Vital Images, a diagnostic imaging company based in Minneapolis, will acquire Karos Health, a Waterloo, Ontario-based maker of clinical information systems, including a patient-facing clinical communication app called Rialto. The amount of the acquisition was undisclosed.
“Karos Health’s solution-set enables collaboration between healthcare providers and patient engagement, while providing secure...
July 8, 2016
If you look at the numbers alone, digital health mergers and acquisitions are pacing 2015's record-breaking year. MobiHealthNews tracked 18 acquisition deals during the first six months of 2016. The grand total from 2015 came to 37, which beat out 2014's 33 deals.
However, the first half of 2016 brought few big dollar acquisitions. Instead it included a number of small undisclosed acquisitions...
March 14, 2016
Palo Alto-based health tech company HealthTap has quietly acquired Docphin, a startup that makes it easier for physicians to find and read medical research, for an undisclosed sum. Docphin was a member of Rock Health's second accelerator class back in 2012 as well as StartUp Health's second class of startups later that same year. The company, which was founded in 2010, never publicly announced a...
October 7, 2015
Digital health funding is on the rise -- for example, MobiHealthNews tracked $689 million in deals this quarter, spread across 49 deals, compared to $392 million in Q3 of last year. But investors at a Health 2.0 panel this week said that dollar amounts don't tell the whole story.
"There are a lot of different sources of capital than there used to be before," Ankur Luther, an executive director at...
September 16, 2015
I'm excited to share that HIMSS Media has acquired MobiHealthNews.
The entire MobiHealthNews editorial team -- Jonah Comstock, Aditi Pai, and I -- are joining HIMSS Media. Apart from more content from me -- this deal has kept me busy in recent months -- the MobiHealthNews you know (and hopefully love) won't change.
As part of the deal, my good friend and Mobi co-founder Joe Maillie is moving on....
September 14, 2015
Qualcomm Life, the mobile technology company's subsidiary focused on medical device connectivity, has acquired Capsule Technologie, a France-based clinical data management company that currently serves 1,930 hospital clients in 38 countries, for an undisclosed amount.
Up until now, Qualcomm's focus has been on connecting the data from home healthcare devices back to the hospital. But with the...
July 9, 2015
In one more take on the first half of 2015 funding, Health 2.0 Market Intelligence has funding for the half at $2.2 billion, compared to $2.9 billion at the half-year mark last year. They tracked 2014's total funding at $4.6 billion.
"Funding in 2015 hasn’t kept pace with 2014 but there’s no reason to panic," the report reads. "Early 2014 saw a handful of blockbuster deals (Proteus, Flatiron,...