digital health mergers and acquisitions

By Jonah Comstock 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 Jonah Comstock February 26, 2019
Crossover Health, which provides medical services to large employers, Apple and Facebook among them, has acquired Sherpaa, an asynchronous telehealth company that has also mostly focused on serving employer populations. The terms of the deal were not disclosed, but Sherpaa founder Dr. Jay Parkinson and his team will all become part of Crossover Health. “Our physicians work in designated care...
By Jonah Comstock February 11, 2019
Private equity firm Francisco Partners has acquired Qualcomm Life, the Qualcomm subsidiary focused on medical device connectivity. The terms of the acquisition were not disclosed. Qualcomm Life will spin out as a new company under the name Capsule Technologies — the name of a clinical data management company that Qualcomm acquired in 2015. The new Capsule Technologies will continue to use the...
By Jonah Comstock January 30, 2019
Chronic condition management startup Livongo has acquired MyStrength, a Denver-based digital behavioral health company. The company did not disclose the acquisition price, but Livongo CEO Glen Tullman told MobiHealthNews the figure is in the tens of millions. “This entry into behavioral was to complete what we call the whole person platform, and to be able to go to someone and say ‘Whatever...
By Jonah Comstock 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...
By Jonah Comstock September 18, 2018
Correction: Updated to include financial details. A previous version of this story included an inaccurate estimate. Nearly two years to the day after its launch was announced at a Boston conference, app-enabled healthcare transportation company Circulation has entered into an agreement to be acquired by Logisticare, the nation’s largest non-emergency medical transportation (NEMT) broker, for $44...
By Jonah Comstock September 4, 2018
Pune, India-based Persistent Systems acquired Herald Health, a two-person health tech startup with successful pilots at Brigham and Women's and Boston Childrens hospitals in Boston, for a total valuation of $5.2 million, MobiHealthNews has learned. Multiple Indian publications are reporting the $5.2 million figure (which the companies did not disclose) including the Economic Times, which reports...
By Jonah Comstock July 5, 2018
This week, the acquisition everyone’s talking about is Amazon’s reported billion-dollar deal to buy pharmacy startup PillPack. But that deal was just the capstone on a busy quarter with 15 digital health mergers and acquisitions.   The area of digital health shaken up the most by deal activity this quarter was certainly telemedicine. Both Teladoc and American Well picked up smaller telehealth...
By Jonah Comstock March 30, 2018
(This story has been updated to include some acquisitions we missed.) The first quarter of 2018 was light on mergers and acquisitions compared to previous quarters, but those that did crop up were significant, including major companies like Fitbit, Allscripts, Roche, and Johnson & Johnson. As usual, we'll recap the quarter's exits in descending order by price tag, with the undisclosed deals...
By Jonah Comstock March 16, 2018
Platinum Equity, a Los Angeles-based global investment firm focused on mergers, acquisitions, and operations, has made a binding offer to acquire Johnson & Johnsons' Chesterbrook, Pennsylvania and Zug, Switzerland-based LifeScan business, which sells the OneTouch line of connected and non-connected glucometers. Platinum Equity will pay $2.1 billion for the business, which reported $1.5...