M&A

By Dave Muoio 03:26 pm March 5, 2020
SymphonyAI Group, a collection of private B2B artificial intelligence companies spanning multiple sectors, announced yesterday that it has acquired TeraRecon, the maker of products for medical-image post-processing and other related products. As the group’s seventh portfolio company, TeraRecon will continue building out its radiology, cardiology and vascular-surgery AI-imaging support. However,...
By Laura Lovett 04:29 pm February 27, 2020
Caravan Health, a company that helps providers transition into accountable care organizations (ACO), has dipped into the digital space with the acquisition of patient engagement tech vendor Wellpepper, according to the startup’s former CEO Anne Weiler.  Founded in 2012, Wellpepper works with health plans to provide their patients with digital treatment plans, messaging services and an alert...
By Laura Lovett 02:41 pm February 24, 2020
Digital health engagement platform Sharecare announced this morning that it is acquiring Visualize Health, a population health and quality measurement platform that helps providers catch any gaps in patient care.  Visualize Health’s program is focused on the value-based care model. Its platform helps to identify any quality measure gaps and deficiencies in documentation. When the program catches...
By Laura Lovett 01:12 pm February 20, 2020
This morning digital fitness coaching platform Pear Sports announced that it has purchased fellow exercise-focused startup Functional Solutions.  Following this acquisition, Pear Sports (not to be confused with digital therapeutics darling Pear Therapeutics) plans to roll Functional Solutions’ visual programming and custom fitness content into its enterprise SaaS. This can then be sold to gyms,...
By Dave Muoio 01:16 pm January 30, 2020
This week in M&A. Imprivata, a tech company providing identity and authentication tools designed specifically for healthcare, has acquired GroundControl Solutions, inc., which is known for its automated enterprise mobile device management software. Imprivata anticipates that the purchase of this new tech will augment its platform with new capabilities for large and small healthcare...
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...