Preventice Solutions' BodyGuardian Mini Plus device and companion app.
January 21, 2021
Preventice Solutions, the maker of various wearable cardiac sensors for remote patient monitoring, is set to be acquired by medical technology firm Boston Scientific for $925 million, with as much as $300 million in potential commercial milestones on the table as well.
Due to Boston Scientific's existing 22% equity stake in Preventice, those price tags translate to $720 million and a potential $...
January 21, 2021
Consumer telehealth and wellness brand Hims & Hers wrapped up its merger with special purpose acquisition company (SPAC) Oaktree Acquisition Tuesday, and today began trading on the New York Stock Exchange.
The deal was first announced in October, and was originally expected to close before the end of its Q4 2020. After Tuesday's approval, the deal has provided Hims with $279.5 million, $205...
January 19, 2021
This morning Royal Philips announced its plans to acquire med tech Capsule Technologies for a whopping $635 million from Francisco Partners.
Capsule is best known for its suite of connected medical devices and its data integration platform that can combine device integration, vital signs monitoring and clinical surveillance services. The tool was designed to link up medical devices and EHRs via a...
January 14, 2021
Fourteen-and-a-half months later, Google has finally completed its acquisition of health wearables company Fitbit. The news was announced this morning in complementary statements from Fitbit cofounder and (now previous) CEO James Park and Rick Osterloh, Google's SVP of devices and services.
"This is just the beginning because becoming part of the Google family means we can do even more to inspire...
December 30, 2020
Back in July, we theorized that 2020 could end up being a record-setting year for digital health M&A, and that’s turned out to be the case. With 35 deals in the first half of the year, nine in the third quarter, and 20 more in Q4, MobiHealthNews and its sister publications tracked a staggering 64 deals this year.
That count, by the way, excludes “blank check” or Special Purpose Acquisition...
December 17, 2020
Following months of regulatory investigation, the European Commission has officially signed off on Google's $2.1 billion purchase of health-wearable-maker Fitbit. Still, the go-ahead is contingent on a handful of commitments from the tech company that focus on its competitive practices across advertising, digital health APIs and smart device interoperability.
"We can approve the proposed...
December 8, 2020
Direct-to-consumer virtual health company Ro is turning to the in-home healthcare space with the acquisition of digital platform Workpath.
Founded in 2015, Workpath created a tool that can offer on-demand in-home care services through an API system. Through the app virtual care providers can request to send in-home blood draws or in-home nurse visits to a patient.
The company’s API is able to...
December 3, 2020
London-based virtual care company HealthHero has acquired digital triage platform Doctorlink. This comes after Eight Roads sold its stake in the company to HealthHero.
Doctorlink has several different components, including online triage, urgent care triage, risk assessment and video consultations. The technology is built using artificial intelligence (AI). The company's online triage system was...
December 3, 2020
Put your X-ray where your mouth is. After fielding accusations of fraud that temporarily damaged the value of its stock, digital X-ray-imaging company Nanox gave a highly publicized live (but virtual) demonstration of its imaging technology at the Radiology Society of North America's annual meeting.
The demo – a recording of which Nanox said will be available to the public later today from the...
December 2, 2020
Physitrack, a London-based provider of digital physical therapy and patient engagement technology, is kicking off an M&A push with news that it has purchased one of its primary competitors.
Physitrack CEO and cofounder Henrik Molin told MobiHealthNews that the company has acquired Physiotools, a Finnish company that got its start selling physical therapy books, but over the years shifted its...