M&A

By Laura Lovett 12:00 pm January 23, 2020
Employer health tech company Virgin Pulse has its eyes set on the diabetes space with the recent acquisition of digital therapeutic Blue Mesa Health, best known for its diabetes prevention program Transform. The financial details of the deal were not released.  Following the announcement, Blue Mesa Health’s technology will now be rolled into a new offering called Virgin Pulse Transform. The...
By Laura Lovett 03:37 pm January 22, 2020
The skinny on acquisition news. This morning Providence St. Joseph Health announced that it was acquiring weight management program HMR (Health Management Resources) from Merck. The tech-enabled program offers an app with weight loss resources, group phone coaching and in-person classes. Prior to this acquisition three of HMR’s clinics were inside of Providence facilities, and the organization...
By Laura Lovett 03:48 pm January 15, 2020
Tech-enabled sleep health startups Fusion Health and Nox Health have announced their plans to merge under the Nox Health name.  Atlanta-based Fusion Health works with payers and employers to deliver sleep treatment programs. Historically, its main focus has been on population sleep health.  Meanwhile, Icelandic company Nox is focused on sleep analytics and diagnostics. The company’s sleep...
By Dave Muoio 03:42 pm January 13, 2020
This weekend, Teladoc Health announced its $600 million purchase of InTouch Health, a fellow telehealth provider focused on enterprise offerings. The big ticket move is an effort to build a single point of entry for integrated virtual care across conditions, and across provider and consumer markets, the companies wrote in their announcement. ''Today marks a bold leap forward in Teladoc Health's...
By Laura Lovett 02:38 pm January 8, 2020
2019 closed out the decade with $7.4 billion in digital health deals and a spike of six health tech IPOs, according to Rock Health’s latest funding report.  Over the last decade the amount of yearly funding in digital health deals has generally been on the rise; however, 2019 saw a slight decrease in funding from 2018 ($8.2 billion). This wasn't surprising to Rock Health, which predicted this...
By Dave Muoio 02:55 pm December 19, 2019
Gympass, a platform for employer’s benefits programs that offers fitness class bookings to members, announced this week the acquisition of Lisbon, Portugal-based artificial intelligence company Flaner. With this, the Brazil-grown fitness platform will be opening up a new “Tech Hub” in Lisbon that will begin with Flaner’s current employees and expand to a full staff of 50, according to Gympass....
By Jonah Comstock 11:33 am December 17, 2019
Dublin-based medical technology company Medtronic has acquired digital health startup Klue, a two-year-old startup which uses gesture sensing and other behavioral health metrics to determine when someone is eating. Nothing was disclosed about the terms of the deal, except that Medtronic considers it to be immaterial to 2020 earnings per share. "Bringing Klue and their unique meal detection...
By Laura Lovett 02:17 pm December 16, 2019
Late last week virtual care company VirTrial scooped up fellow telehealth startup SnapMD for an undisclosed sum. Virtrial, a portfolio company of Kinderhook Industries LLC, focuses on providing telemedicine services to the clinical trial industry.  Meanwhile SnapMD has been more centered around providing enterprise services to health systems. As part of the new acquisition SnapMD will be a...
By Dave Muoio 02:57 pm December 11, 2019
Mt. Laurel, New Jersey-based InSight Telepsychiatry and Chicago-based Regroup Telehealth announced a merger of their businesses yesterday. The resulting entity is now the largest and most comprehensive telepsychiatry service provider in the US, they said, specifically in regard to the joined company’s combined revenue, national footprint, diversity of client types, and diversity and quantity of...
By Dave Muoio 02:42 pm December 4, 2019
Editor's note: This article has been edited after publication. Last December, Teladoc Health made an unannounced deal with TelaDietitian (formerly Nutrify), a consumer and enterprise platform for video consultations with registered dietitians, according to documents provided to MobiHealthNews. This strategic acquisition provided Teladoc access to the smaller company’s multi-state network of...