Mergers and acquisitions

(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
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
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
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...
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.
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
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 ...
Businessmen shaking hands
By  Mallory Hackett 12:50 pm March 15, 2021
Karuna Health, a virtual health communications platform, has been acquired by the healthcare software company Commure, according to a Substack post from Karuna’s CEO and cofounder Joe Kahn. Through the transaction, which closed on New Year’s Eve, Commure gained Karuna’s team, customers, technology and insights, Kahn said. The terms of the deal were not disclosed. WHY THIS MATTERS Commure is best...
By  Dave Muoio 02:59 pm March 11, 2021
Colorado-based cliexa, the maker of various software tools for providers, announced in a blog post yesterday that it has acquired ProSkedge.com, an automated scheduling platform for surgical procedures. The terms of the deal were not disclosed. WHAT'S THE IMPACT? ProSkedge is the work of Dr. Lukasz Kowalczyk, a practicing gastroenterologist who, according to his LinkedIn profile, started...
By  Dave Muoio 01:34 pm March 9, 2021
Digital musculoskeletal (MSK) care triple-unicorn Hinge Health today announced the upcoming acquisition of Enso, the maker of an eponymous non-invasive electrical nerve stimulation device for pain relief. Hinge Health did not disclose the terms of the deal or its impact on Enso employees, but a representative told MobiHealthNews that the purchase is set to close "within weeks." The Enso device is...