Mergers & Acquisitions

By  Laura Lovett 11:46 am January 14, 2021
This week, digital health company Amalgam Rx announced it has acquired clinical-decision-support company Avhana Health for an undisclosed sum. This will mark a new service for Amalgam Rx, which has been expanding its services since it was founded in 2016, and spans multiple facets of digital health, including patient support programs, digital therapies and combination products. Avhana’s platform...
HealthHero, MyClinic

Credit: HealthHero

By  Sara Mageit 06:53 am January 13, 2021
Ireland's holistic telehealth service, MyClinic has become the latest acquisition for London-based digital health provider, HealthHero. The acquisition will allow HealthHero to have a direct-to-consumer offer in Ireland, having previously provided services via insurance companies and through businesses to their employees. WHY IT MATTERS? HealthHero provides a holistic approach to healthcare to...
A handshake represents M&A deals in the digital health space.
By  Jonah Comstock 02:20 pm December 30, 2020
Back in July, we theorized that 2020 could end up being a record-setting year for digital health M&A, and that’s turned out to be the case. With 35 deals in the first half of the year, nine in the third quarter, and 20 more in Q4, MobiHealthNews and its sister publications tracked a staggering 64 deals this year. That count, by the way, excludes “blank check” or Special Purpose Acquisition...
Person works out on a cycling machine
By  Jonah Comstock 03:05 pm December 22, 2020
Connected fitness company Peloton, a unicorn famous for its connected-bicycle offering and virtual fitness classes, has acquired Precor, a major manufacturer of commercial fitness equipment, for $420 million. The acquisition is expected to close in early 2021. WHAT'S THE IMPACT? The acquisition will allow Peloton to bring much of its manufacturing in house and have more control over the supply...
By  MobiHealthNews 12:41 pm December 14, 2020
Well Dot, an artificial intelligence startup that uses data and behavioral economics to provide daily health recommendations, has closed a $40 million Series A round that combines debt and equity funding. General Catalyst, John Doerr, Mosaic Health Solutions and Hellman & Friedman partners all returned after participating in the startup's $25 million seed funding round from last year. Well...
Together, the two companies will provide healthcare teams across the continuum of care with access to real-time patient data at any stage of a patient’s healthcare journey.
By  Mallory Hackett 12:31 pm December 8, 2020
PointClickCare Technologies, a company focused on cloud-based software technology for the long-term and post-acute care market, today announced plans to acquire the cross-continuum coordinated care platform Collective Medical. Together, the two companies will provide healthcare teams across the acute, ambulatory and post-acute care settings with access to real-time patient data at any stage of a...
By  Laura Lovett 12:04 pm December 8, 2020
Direct-to-consumer virtual health company Ro is turning to the in-home healthcare space with the acquisition of digital platform Workpath.  Founded in 2015, Workpath created a tool that can offer on-demand in-home care services through an API system. Through the app virtual care providers can request to send in-home blood draws or in-home nurse visits to a patient. The company’s API is able to...
By  Laura Lovett 02:57 pm December 3, 2020
London-based virtual care company HealthHero has acquired digital triage platform Doctorlink. This comes after Eight Roads sold its stake in the company to HealthHero.  Doctorlink has several different components, including online triage, urgent care triage, risk assessment and video consultations. The technology is built using artificial intelligence (AI). The company's online triage system was...
Executives sign a contract
By  Dave Muoio 02:19 pm December 2, 2020
Physitrack, a London-based provider of digital physical therapy and patient engagement technology, is kicking off an M&A push with news that it has purchased one of its primary competitors. Physitrack CEO and cofounder Henrik Molin told MobiHealthNews that the company has acquired Physiotools, a Finnish company that got its start selling physical therapy books, but over the years shifted its...