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...
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...
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...
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...
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...
January 23, 2018
A new technology promises to give users an estimated lens prescription in 10 seconds. PlenOptika, a startup spinout of MIT, uses the auto refractor to measure refractive errors of the eye and produces estimated prescriptions, MIT News reports. The technology, named QuickSee, is more affordable than what is currently on the market, which could make it more accessible for people living in...
December 15, 2017
Both the fourth quarter and the whole year started strong for digital health acquisitions but finished weak. The quarter started out with six acquisitions in October, but didn’t see another until December. The year saw 12 and 14 acquisitions each in the first two quarters, respectively, which dropped to nine in the third and nine more in the fourth.
As is our tradition, we’ve rounded up the 44...
October 11, 2017
Health enterprise software company Welltok has acquired Tea Leaves Health from j2 Global subsidiary Ziff Davis for north of $80.8 million. While the company didn't disclose the amount of the acquisition, CEO Jeff Margolis told MobiHealthNews in an interview that the company was required to file with the FTC under the Hart-Scott-Rodino Act, and that $80.8 million is the HSR reporting threshold....
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...
August 2, 2017
NextGen Healthcare Information Systems, a subsidiary of Quality Systems, has agreed to plunk down $26 million to acquire EagleDream Health, a cloud-based analytics outfit that optimizes practice performance using clinical, financial and administrative data. The deal is expected to close this quarter, pending all the customary closing conditions.
NextGen is a healthcare information technology...