June 3, 2015
Medtronic's Guardian Mobile CGM app, yet to be released in the US.
Despite speculations to the contrary from analysts last year, it looks like Medtronic will continue to acquire early-stage health companies even after its Covidien acquisition. On a fourth quarter earnings call, Medtronic CEO Omar Ishrak told analysts that the company would use new cash from the Covidien deal to invest in early...
May 19, 2015
Denver-based Welltok, the health management company that makes the CafeWell Health Optimization Platform, has acquired Predilytics, a Burlington, Massachusetts-based predictive analytics company, for an undisclosed amount. Welltok will incorporate Predilytics' engine into CafeWell, to help health plans, at-risk providers and other population health managers better understand and anticipate the...
May 18, 2015
The big health payer news last week was that Aetna was mulling the acquisition of one or more of its competitors: particularly Humana or Cigna. A recent Forbes analysis suggested that such a move would be a result of changes to payment models in healthcare. But Humana, Cigna, and Aetna have all been important players in the digital health. So what might a merged Aetna-Cigna or Aetna-Humana...
April 22, 2015
Austin, Texas-based Motion Computing, a longtime player in the semi-rugged tablet space that served the healthcare industry among others, has been acquired by rugged tablet PC maker Xplore, also based in Austin. Earlier this month Xplore bought Motion's assets for $9 million cash, plus the assumption of $7 million in net liabilities, after Square 1 Bank foreclosed on most of Motion's assets.
February 19, 2015
Melon, the EEG-tracking headband company that raised nearly triple its initial goal in a 2013 crowdfunding campaign, has been acquired by DAQRI, an enterprise augmented reality company founded in 2010, for an undisclosed amount.
DAQRI's CEO Brian Mullins announced the acquisition from the keynote stage at the 4D Expo, an event hosted by the company. DAQRI is working on something it calls "4D," a...
November 20, 2014
Sharecare, the health and wellness engagement platform founded by WebMD founder Jeff Arnold and television personality Dr. Mehmet Oz, has acquired QualityHealth, a patient identification and engagement platform that works with health systems and pharmaceutical companies, for an undisclosed sum. QualityHealth will be kept more or less intact as its 50 million member database will help Sharecare...
October 2, 2014
PatientKeeper's charge capture application.
Last week, the Hospital Corporation of America (HCA), a company that manages 164 hospitals and 114 freestanding surgery centers in 20 states and England, announced it would be acquiring PatientKeeper, one of the oldest mobile health software companies still in operation, for an undisclosed sum.
HCA will continue to operate PatientKeeper as an...
August 18, 2014
The transaction for Practice Fusion's acquisition of Ringadoc included a transfer of $2 million in Practice Fusion equity, according to an SEC document. It's unclear exactly how the equity sale fits in with the acquisition, but in all likelihood Ringadoc's investors and owners now hold a $2 million stake in Practice Fusion.
“Practice Fusion filed a Form D yesterday with the SEC in connection with...
July 17, 2014
Healthcare information technology companies, including mobile and digital health companies, raised more than twice as much in total venture capital funding in the second quarter of 2014 as they did in the first, according to a new report from communications and consulting firm Mercom.
"It was a quarter of several milestones," Raj Prabhu, CEO and cofounder of Mercom Capital Group, said in a...
June 5, 2014
As we head into the halfway point of 2014, it's already clear that the trend of mobile and digital health acquisitions is up. Just five months into the year, MobiHealthNews has tracked 16 mergers, acquisitions, asset buys and majority stake acquisitions -- just one less transaction than we tracked during the whole of 2013.
While many of the buys were medical software acquisitions of various kinds...