DarioHealth announced today that it is expanding its digital chronic-disease-management business beyond diabetes and hypertension with the purchase of Upright Technologies, a musculoskeletal (MSK) health company that specializes in connected posture correction devices and digital coaching.
The deal is expected to close on or around February 7, and will run DarioHealth $31 million to complete the...
Cardiac-monitoring device maker Bardy Diagnostics has agreed to an acquisition by Hillrom, a medical technology provider specializing in smart hospital beds and other connected monitoring tools. The $375 million deal is expected to close during fiscal Q2 2021.
Bardy's flagship product is the Carnation Ambulatory Monitor, often referred to as the CAM patch. It's a P-wave signal-capturing wearable...
Preventice Solutions, the maker of various wearable cardiac sensors for remote patient monitoring, is set to be acquired by medical technology firm Boston Scientific for $925 million, with as much as $300 million in potential commercial milestones on the table as well.
Due to Boston Scientific's existing 22% equity stake in Preventice, those price tags translate to $720 million and a potential $...
This morning Royal Philips announced its plans to acquire med tech Capsule Technologies for a whopping $635 million from Francisco Partners.
Capsule is best known for its suite of connected medical devices and its data integration platform that can combine device integration, vital signs monitoring and clinical surveillance services. The tool was designed to link up medical devices and EHRs via a...
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...
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...
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...
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...
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...
