Mergers & Acquisitions

By Dave Muoio 03:03 pm October 14, 2020
Press Ganey, a care-quality services firm best known for distributing patient satisfaction surveys, announced two purchases yesterday that it says will help form "the largest healthcare consumerism platform in the industry." The first of these is the outright acquisition of Doctor.com, a digital platform neck-deep in provider directories, online bookings, provider reputation analyses and other...
By MobiHealthNews 03:26 pm October 9, 2020
While the third quarter of 2020 may not be remembered for its volume of M&A deals, it will likely be bookmarked as a clear example of front-runner consolidation within digital health.  Over the last three months, MobiHealthNews tracked and covered only nine confirmed M&A deals, plus one credibly reported acquisition (not counting deals involving special purpose acquisition companies [...
By Laura Lovett 02:51 pm August 26, 2020
This morning Consumer Medical, a clinic-decision-support and second-opinions company, announced that it purchased virtual-specialist medical-opinion company InfiniteMD.  Boston-based InfiniteMD was founded in 2015 and was designed to help patients get more information about their condition via virtual visits. When a patient uses the service, they can ask for doctors to evaluate their diagnosis,...
By Dave Muoio 02:28 pm August 25, 2020
Sonde Health, a PureTech Health spinout focused on vocal biomarkers for various health conditions, has acquired voice-based survey-platform-maker NeuroLex Laboratories, the companies announced this morning. The terms of the deal were not disclosed, although the companies noted that NeuroLex CEO Jim Schwoebel will be stepping into Sonde's executive team as its new VP of data and research. Sonde's...
By Laura Lovett 02:30 pm August 21, 2020
Autonomous AI platform Digital Diagnostics, previously known as IDx, announced that it has purchased 3Derm Systems in a move that would expand its reach into the dermatology space. Digital Diagnostics got its start as an AI tool for diabetic retinopathy, but it’s now looking to expand its specialties. That is where the company is making bets on 3Derm. Boston-based 3Derm specializes in providing...
By Dave Muoio 02:21 pm August 20, 2020
Vocera Communications, the maker of hands-free communication devices for hospitals, announced yesterday that it has purchased patient-messaging technology company EASE Applications. While the two companies did not share the terms of the deal, the announcement did note that "approximately eleven" EASE employees would be issued restricted stock units equal to roughly 60,000 shares of Vocera common...
By Jonah Comstock 03:03 pm August 17, 2020
The current moment of health innovation and investment spurred by the COVID-19 crisis seems to be accelerating, if not driving, the consolidation of the digital health space. While Teladoc and Livongo loom as the most striking recent example, Omada’s purchase of Physera in May was also bolstered by the pandemic and its follow-on effects, CEO Sean Duffy told MobiHealthNews in a recent interview....

 (Photo by Kimberly White/Getty Images for TechCrunch)

By Laura Lovett 02:06 pm August 13, 2020
Last week the digital health world was taken by storm when news broke that virtual health giant Teladoc was set to acquire chronic care management platform Livongo in a whopping $18.5 billion deal.  Livongo has had quite a year in a half. Last July, it went public with a listing price of $28 a share. At the time of the acquisition, each share was valued at roughly $159. Its news has also included...
By Laura Lovett 11:26 am August 11, 2020
This morning medical device company Medtronic announced its plans to buy Companion Medical, which is best known for making the InPen, an insulin pen that integrates a companion app, for an undisclosed sum.  Companion Medical has been in the digital health game for some time. Its InPen fist scored FDA clearance in 2016 and its funding round attracted the likes of pharma giant Eli Lilly. The...
By MobiHealthNews 03:05 pm August 7, 2020
The MobiHealthNews team members — host Jonah Comstock, Managing Editor Laura Lovett and Associate Editor Dave Muoio — sit down to unpack the major shakeup that hit the digital health markets this week when telemedicine giant Teladoc announced its plan to merge with chronic condition management success story Livongo. We talk details, motivations and implications of this digital health mega-company...