January 7, 2013
AthenaHealth, a provider of cloud-based EHR and practice management software, announced a definitive agreement to acquire Epocrates, a popular mobile medical app provider, for about $293 million in cash. Epocrates agreed to the offer, which was specifically $11.75 per share, a 22 percent premium over Epocrates closing price last Friday. Piper Jaffray & Co. and Cooley advised Epocrates on the...
July 18, 2012
San Diego-based aging in place technology platform provider Independa has inked a deal with GreatCall, which offers the Jitterbug mobile phone service for seniors, to bring the company's 5Star Urgent Response mPERS offering to its Artemis wireless monitoring platform. Independa has previously announced health and activity-related sensors will be a part of the platform. 5Star will become a feature...
June 7, 2012
This week Aetna added two more mobile health app developers as partners. One is now a part of its CarePass Sync Platform, which is where it has nestled iTriage -- the startup it acquired last year -- as it continues to build up its ACO strategy. MapMyFitness, a fitness app developer that has a number of apps and more than 9 million users, now integrates with CarePass. Meanwhile, GoodRx -- a cost...
May 22, 2012
Almost three months ago Epocrates announced that it was pulling back on it long-awaited mobile-focused EHR offering for small physician practices to focus on its core offerings, mobile medical apps for physicians. Since the EHR initiative was shutdown Epocrates has been fairly quiet.
Last week athenahealth CEO and co-founder Jonathan Bush brought up Epocrates during the Q&A period that...
May 15, 2012
"First off, hats off to Aetna, they clearly are a fast-moving player, because they beat me to the punch," athenahealth's VP of corporate development Karl Zachar said during his brief time on-stage at the Health 2.0 Spring Fling in Boston this week. Zachar said that iTriage is a "very disruptive innovative" startup that "was looking to create value" by integrating with large hospital systems and...
March 7, 2012
New York-based healthcare IT company Medivo has acquired WellApps, developer of mobile health app GI Monitor, that helps people with Inflammatory Bowel Disease (IBD), Crohn's Disease and Ulcerative Colitis. No financial details of the deal were released. WellApps co-founder and CEO Brett Shamosh will join Medivo as VP of Product Development.
WellApps' GI Monitor will be rebranded and become...
March 5, 2012
Last week NantWorks, Dr. Patrick Soon-Shiong's growing collection of health startups, acquired wireless health remote monitoring company Boston Life Labs for an undisclosed sum. Boston Life Labs, which will now be called NantCare, joines NantWork's NantHealth division. Boston Life Labs developed a number of devices that aimed to bring connectivity to existing medical devices, similar to Qualcomm'...
February 13, 2012
Mobile cardiac outpatient telemetry services provider CardioNet announced last week the acquisition of ECG Scanning & Medical Services, a cardiac monitoring provider, for $5.8 million in cash. The deal price could include an additional $600,000 cash earn out if certain performance milestones are met.
"We are excited to join forces with ECG Scanning. ECG Scanning is a respected cardiac...
January 18, 2012
This week Sharecare announced that it had raised $14 million from Galen Partners and TomorrowVentures. The company has also acquired The Little Blue Book (TLBB) from Galen Partners and other investors in exchange for shares in Sharecare.
TLBB has been a popular reference tool for physicians for more than 20 years. Sharecare will make some of TLBB's content available on its platform so that users...
August 31, 2011
Swedish telecom Doro announced this week the acquisition of tele-assistance company Birdy Technology for $1.87 million (1.29 million EUR). Of that sum, EUR 0.61 million is cash to non-executive shareholders and EUR 0.68 million is 241,543 Doro shares to Birdy Technology CEO Xavier Corbin, in exchange for his shares in Birdy Technology. As part of the deal, Corbin will work for Doro for at least...