Mergers and acquisitions

HealthHero, Qare

Credit: HealthHero

By  Sara Mageit 07:21 am April 12, 2021
Digital health provider HealthHero has entered the French market with its acquisition of Paris-based telehealth startup Qare. Backed by health tech venture builder Kamet Ventures, the acquisition strengthens HealthHero's telehealth position in Europe and now covers 22 million people, with plans to provide just under three million consultations this year. WHY IT MATTERS Qare combines medical...
Family on telemedicine

(Photo credit: Lisa5201/Getty Images) 

By  Laura Lovett 01:15 pm April 7, 2021
Insurtech company Bright Health has snapped up telehealth startup Zipnosis for an undisclosed sum. The acquisition, which was first reported by MedCityNews, signals that the unicorn health insurance company is looking to strengthen its foothold in the telemedicine market. According to a release by Zipnosis' financial officer, Cain Brothers, this deal will allow Bright Health to deliver...
Business people shaking hands

Photo by Martin Barraud/Getty Images

By  Mallory Hackett 12:01 pm April 7, 2021
Better Therapeutics, a nutritional cognitive behavioral therapy digital therapeutics company, announced plans today to go public by merging with special purpose acquisition company Mountain Crest Acquisition Corp II. The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company. It includes a $50 million private investment in...
(Photo by Klaus Vedfelt/Getty Images)
By  Laura Lovett 11:51 am April 5, 2021
Canadian digital health company WELL Health Technologies has acquired medical software company Intrahealth Systems for just over $19 million. As part of the deal, WELL Health will integrate Intrahealth Systems' EMR and clinical healthcare software into its services. Intrahealth works with a number of stakeholders, including health systems, public health centers and community centers. According to...
Business people shaking hands in a conference room

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By  Dave Muoio 01:28 pm March 31, 2021
SOC Telemed (formerly Specialists on Call) announced yesterday that it has purchased fellow acute care telemedicine provider Access Physicians. The cash and stock transaction is valued at roughly $194 million, with the potential for additional considerations based on performance. WHAT'S THE IMPACT SOC Telemed was already a major name in the enterprise telemedicine space. The company reported...
Uprise Health

(Photo: Screenshot Uprise Health website)

By  Laura Lovett 01:54 pm March 30, 2021
This morning IBH, a tech-enabled population health platform, announced its plans to acquire digital mental health company Uprise. Both companies work in the employer health space and focus in on behavioral health. As part of the acquisition, IBH will take ownership of Uprise's platform, which enables mental healthcare via self-guided modules, live coaching and in-person therapy. Employees can...
A Peloton Tread+ device

(Image courtesy of Peloton)

By  Dave Muoio 03:06 pm March 24, 2021
Peloton's acquisition spree. Bloomberg reports three smaller acquisitions by connected fitness company Peloton Interactive over the past several months. These include AI voice assistant company Aiqudo in February, as well as fitness smartwatch maker Atlas Wearables and interactive workout mat Otari in the final quarter of last year. Peloton told the publication that the three deals had closed and...

Photo by Everlywell

By  Mallory Hackett 12:17 pm March 24, 2021
Everlywell, a leader in the at-home diagnostic testing space, has acquired PWNHealth and its subsidiary Home Access Health to form a new parent company called Everly Health. PWNHealth and Home Access Health both have self-collected lab test services, and by combining the companies, Everly Health will support more than 20 million people annually in all 50 U.S. states, Canada and Puerto Rico,...
Group of business people shaking hands.

Photo by Martin Barraud/Getty Images

By  Mallory Hackett 11:37 am March 23, 2021
Louisville, Kentucky-based Appriss Health announced today that it has entered into a definitive agreement to acquire the Boston-based care-coordination platform PatientPing. Appriss Health did not disclose the terms of the transaction, but the deal values PatientPing at approximately $500 million, people familiar with the transaction shared with PE Hub. The companies expect the deal to close in...
Merger deal

(Photo by Klaus Vedfelt/Getty Images)

By  Laura Lovett 01:28 pm March 16, 2021
Telehealth provider Doctor on Demand announced its plans to merge with clinical navigation platform Grand Rounds to form a new integrated virtual health company. The terms of the deal were not disclosed, but the companies have shared that it is expected to close in the first half of 2021. This news comes less than a year after Grand Rounds landed a whopping $175 million in funding to fuel ...