mergers and acquisitions

By Heather Mack November 17, 2016
Telemedicine provider MDLive has hired Scott Decker as the company’s new chief executive officer. The company’s current CEO and founder, Randy Parker, will now be MDLive’s chief business development officer and also serve on the board of directors. Decker comes to MDLive from HealthSparq, where he was also CEO and where he built a cloud-based healthcare shopping and price transparency platform...
By Jonah Comstock November 2, 2016
Vital Images, a diagnostic imaging company based in Minneapolis, will acquire Karos Health, a Waterloo, Ontario-based maker of clinical information systems, including a patient-facing clinical communication app called Rialto. The amount of the acquisition was undisclosed. “Karos Health’s solution-set enables collaboration between healthcare providers and patient engagement, while providing secure...
By Jonah Comstock September 15, 2016
As we noted in our in-depth last week, the digital health space is still holding its breath for big pharma and big payers to dive in with serious M&A. At the opening session for Digital Medicine Connect in Boston, a part of EBD Group’s BioPharm America conference, speakers from around the digital health world weighed in on how that landscape is changing. “When I think about M&A in the...
By Jonah Comstock September 9, 2016
Right after reporting that the month of August had an unusual four acquisitions, we had nearly as many in just the first week of September. It seems, going purely on volume, like M&A in digital health is picking up. This week we saw iHealth Labs acquire eDevice for $100 million, HMS Holdings buying Essette for $20 million, and HCA buying Mobile Heartbeat for an undisclosed amount. For a round...
By Jonah Comstock September 6, 2016
iHealth Labs, the connected device subsidiary of Andon Health with offices in Paris and Mountain View, California, has acquired Bordeaux, France-based eDevice for $106 million (98.33 million euros). eDevice is a longtime European provider of back-end infrastructure that connects remote monitoring devices to hospitals and healthcare providers. "eDevice is an amazing company and together, we will...
By Jonah Comstock August 31, 2016
Cardinal Health, an Ohio-based healthcare products and services company, has acquired TelePharm, an Iowa-based company which, among other things, uses telemedicine to connect pharmacists to patients. The sale price was not disclosed. The Des Moines Register broke the news.  TelePharm was founded in 2012. It raised one $2.5 million funding round in 2014, from venture capitalist John Pappajohn and...
By Jonah Comstock July 21, 2016
Medicast, the company that helped launch the recent mobile-enabled physician house call trend, has been acquired by Providence St. Joseph Health, a Washington state-based health system formed from the recently merged Providence Health & Services and St. Joseph Health System. "I’m thrilled to announce that Medicast has been acquired by Providence, and that we will be joining the system’s...
By Mike Miliard July 13, 2016
Imprivata, the Lexington, Massachusetts-based developer of health IT security tools, has agreed to be acquired by an affiliate of Thoma Bravo, a San Francisco private equity firm. The deal is valued at approximately $544 million. "We are now in a stronger position to pursue market opportunities through innovating and expanding the products and services we offer," said Omar Hussain, president and...
By Jonah Comstock July 7, 2016
Silver Spring, Maryland-based mental health care management company Mindoula Health has acquired Care at Hand, a Boston-based healthcare analytics company that offers a mobile-based early warning system for home caregivers, for an undisclosed amount. "We have dedicated our company to transforming what we see as a broken behavioral health system,” Mindoula CEO Steve Sidel said in a statement. “Our...
By Jonah Comstock June 30, 2016
Lewisville, Texas-based telemedicine company Teladoc has announced plans to acquire Scottsdale, Arizona-based employee health benefits app-maker HealthiestYou for $125 million in a mix of cash and stock. HealthiestYou, which raised $30 million from Frontier Capital in November, provided employees with an app to access a location-aware provider directory to read reviews, ratings and background...