2014 DIGITAL HEALTH M&A

Below is a regularly updated list of all 2014 M&A activity in digital health. If there are deals missing from this list please add them in the comments with a source. 

1.1.14

(1) ISirona retires its name following its January 2014 acquisition by NantHealth. (Press Release)

1.3.14

(2) HealthcareData Solutions acquires StratCenter, a provider of healthcare provider data. (HDS Press Release)
(3) Stryker Corporation will acquire surgical sponge counting technology vendor Patient Safety Technologies, Inc. for $2.20 per share. The company's market cap is $85 million. (Press Release)

1.8.14

(4) PressGaney acquires On The Spot Systems, developer of a real-time data capture system for patient feedback, and launches Point of Care, a solution that allows providers to capture patient feedback via tablets and mobile devices. (Press Release)

1.10.14

(5) EndoHealth Solutions will sell its HealthTronics business to Altaris Capital Partners for total consideration of up to $130 million, including $85 million in cash upfront. HealthTronics is a provider of urological products and services, including the UroChart EHR and meridianEMR systems. (Press Release)

1.15.14

(6) Surgical Information Systems acquires ambulatory surgery EMR and management software vendor AmkaiSolutions. (Press Release)
(7) Online employee health shopping systems vendor HealthSparq acquires ClarusHealth Solutions, which offers a provider search function for consumers. HealthSparq's president is Scott Decker, formerly of NextGen and Healthvision. (HealthSparq Press Release)
(8) Post-acute care software provider Brightree acquires Strategic AR, a provider of private-pay billing and collection services. (Press Release)

1.17.14

(9) Streamline Health will acquire St. Louis-based patient scheduling and surgery systems vendor Unibased Systems Architecture. (MarketWatch)

1.22.14

(10) GE will acquire API Healthcare, a provider of healthcare workforce management software and analytics solutions. (HISTalk)
(11) Etransmedia Technology acquires Medigistics, a Columbus-OH based provider of RCM and AR management services for the healthcare industry (Press Release)
(12) Myriad Genetics will acquire Crescendo Bioscience for $245mm in cash. (Myriad Press Release)

2.5.14

(13) Streamline Health completes its acquisition of Unibased Systems Architecture. (WSJ Online)
(14) BlueStep Systems, a clinical platform provider for the long-term and post-acute care market, merges with  BridgeGate Health, a system integration provider. (GE Press Release)

2.7.14

(15) Bottomline Technologies will pay $8 million for Rationalwave Analytics, an early-stage predictive analytics company. (Press Release)

2.21.14

(16) UnitedHealth's Optum division acquires a majority stake in Audax Health, the developer of a consumer health management platform that was founded four years ago by the now 24-year-old Grant Verstandig. (Press Release)

(17) Healthwise and the Informed Medical Decisions Foundation announce their pending merger. (Press Release)

3.3.14

(18) TelusHealth acquires Med Access, a British Columbia-based vendor that claims its EMR is #1 in Canada with 4,000 users. (MarketWatch)

3.12.14

(19) CompuGroup Medical acquires three European HIT providers: lab software provider vision4health Laufenberg & Co and office-based physician software vendors Imagine Editions and Imagine Assistance. (Press Release)
(20) QuestDiagnostics completes its acquisition of Solstas Lab Partners Group and raises its full-year 2014 financial guidance. (Press Release)

3.19.14

(21) Varian Medical Systems will acquire the oncology team imaging collaboration software product of Atlanta-based Velocity Medical Solutions.

3.21.14

(22) Social health management vendor Welltok acquires wellness game developer Mindbloom. (MobiHealth News) Welltok has raised $48mm to change consumer patient behavior at the population scale.
(23) Defense contractor ManTech International will acquire 7Delta, which provides healthcare IT contracting to the VA, DoD, and HHS. ManTech wants a piece of the VA's Transformation Twenty-One Total Technology program, for which 7Delta has won more task orders than any other vendor.

3.25.14

(24) AirStrip acquires Sense4Baby assets from West Health (MobiHealth)

3.31.14

(25) Icon acquires US clinical trial designer Aptiv Solutions for $143.5 million. (Irish Times)

4.5.14

(26) 3DSystems will acquire Medical Modeling, the leading provider of individualized 3D printed anatomy for use in surgical simulation and planning. (Motley Fool)

4.7.14

(27) IQuum acquired by Roche Holding for $450MM. (Roche Press Release)
(28) Pharmacy benefits-management company Magellan Health Services Inc. said Tuesday it will pay as much as $370 million in cash and stock to acquire CDMI LLC, a clinical consulting company based in Newport. (Press Release)
(29) Perficient acquires BioPharm for $17.6mm. (STLToday)

4.17.14

(30) Pharma company Opko acquires smart inhaler startup for at least $10mm. (MobiHealth)
(31) Following weeks of speculation, Nuance has formally acquired mobile-focused image-sharing company Accelerad. (MobiHealth)
(32) Facebook acquires ProtoGeo, maker of activity tracking app Moves (MobiHealth)
(33) Intel confirms acquisition of health wearable company Basis Science at a value of between $100-150mm. (MobiHealth and TechCrunch)
(34) Radiology outsourcer Alliance HealthCare Services acquires the assets of OnPoint Medical Diagnostics, which offers a cloud-based scanner quality control system used by 81 hospitals, for $1 million in cash and two years of royalties. (WSJ Online)

4.23.14

(35) Kaufman Hall, a provider of financial consulting services and software for healthcare, acquires Axiom EPM, a provider of financial performance management software for healthcare and other industries. (Press Release)

4.24.14

(36) NexJ Systems acquires Liberate Ideas, developer of a point-of-care patient education solution. (MarketWatch)
(37) Heart Corporation expands its Hearst Health group and Zynx Health division with the acquisition of CareInSync, the developer of a mobile platform for provider-patient communications. (MobiHealth)
(38) TruvenHealth Analytics acquires Simpler Consulting, a provider of Lean enterprise transformation services to healthcare, government, and other commercial organizations.
(39) ZirMed acquires the payment processing, patient eligibility, and patient estimation business owned by TransEngen. (Source)
(40) GE Healthcare will acquire CHCA Computer Systems, the Canada-based developer of the Opera software application for OR management and analytics, of which GEHC Is a distributor.
(41) Practice software vendor edgeMED acquires revenue cycle management company Physician's Billing Alternative.

4.28.14

(42) TruvenHealth Analytics acquires Fortel Analytics' predictive healthcare fraud technology, which will be integrated into Truven's payment integrity solutions. (PE Hub)
(43) PressGaney acquires Dynamic Clinical Systems, a patient-reported outcomes services and solutions provider. (Press Release)
(44) Infor completes its acquisition of substantially all the assets of GRASP Systems International, a provider of automated patient acuity, workload management, patient assignment, and consulting services. (Press Release)
(45) Consumer engagement provider Accolade acquires konciergeMD, which offers a platform for care plan adherence. (Press Release)

4.30.14

(46) Etransmedia Technology acquires Medical Billing Solutions, expanding its geographic presence placing it in the top 10 large scale RCM services business. (Press Release)

5.5.14

(47) Huron Consulting Group closes its acquisition of Epic consulting firm Vonlay of Madison, WI. (Nasdaq)
(48) Covidien acquires BioHarness-maker Zephyr Technology. (MobiHealth)

5.6.14

(49) Weight Watchers confirms Wello acquisition, plans API-enabled fitness platform. (MobiHealth)
(50) Xerox will acquire ISG Holdings, which offers workers' compensation software systems under the StrataCare and Bunch CareSolutions brands, for $225 million. (IFA WebNews)

5.7.14

(51) Streamline Health will acquire the assets of cost and spend management solutions vendor CentraMed. (MarketWatch)
(52) GoogleVentures invests $130 million in oncology data platform vendor Flatiron Health, which will use some of the money to acquire oncology EMR vendor AltosSolutions. (Flatiron Health Press Release)

5.12.14

(53) TheAdvisory Board Company says in its earnings call that it paid $25 million to acquire HealthPost, a physician finder and appointment scheduling site that will be rolled into the company's Crimson analytics offerings that are used by 1,400 hospitals. HealthPost has seven employees, seven customers, $1 million in annual revenue, and is break-even on the P&L side.

5.13.14

(54) Pharma commercialization services vendor Quintiles will acquire consulting firm EncoreHealth Resources, hoping to use real-time EHR information to give drug companies outcomes data. Houston-based Encore has 250 consultants (Quintiles Press Release)
(55) Bankrate acquired Caring.com, a senior care resource for those seeking information and support as caregivers, for $54 million. Caring generates revenue primarily through referral fees from senior housing communities, as well as subscription and display revenue. (Press Release)

5.27.14

(56) Ebix acquires Healthcare Magic and its Ask A Doctor service with an online network of approximately 15,000 doctors and will incorporate the service in its large online library of medical education tools. (Press Release)

5.29.14

(57) CardioMEMS gets FDA clearance for implanted artery pressure sensor, St. Jude to acquire it. (MobiHealth)

6.2.14

(58) Net Health acquires The Rehab Documentation Company (ReDoc), leader in physical therapy electronic medical records. (Press Release)

6.3.14

(59) TrialScope acquires Deloitte Analytics LLC assets including its PharmaCM Business. (MarketWatch)

6.10.14

(60) T-System sells its ED billing business to Intermedix, saying it will focus on its clinical and coding initiatives that will continue to be offered under the RevCycle+ brand. (Press Release)

6.12.14

(61) Mediware acquires Harmony Information Systems, whose systems help state and local agencies track long-term care policies. (MarketWatch)

6.13.14

(62) Elsevier acquires Amirsys, which offers clinical decision support and learning tools for radiology, pathology, and anatomy that will be integrated with the Elsevier Clinical Solutions suite. (Online WSJ)

6.17.14

(63) BioClinica, a provider of eClinical solutions for the pharmaceutical industry, acquired Blueprint Clinical, a company offering risk-based monitoring technology for clinical trials. The acquisition adds Compass, a cloud-based scoring tool to the BioClinica eClinical platform. (BioClinica Press Release)

6.18.14

(64) Cost management systems vendor Equian, which changed its name from Health Systems International a few weeks ago, completes its acquisition of AfterMath Claim Science, which offers data mining cost analysis solutions to payors. 
(65) Consulting firm VeritechIT acquires Health Technology Solutions, a one-employee consulting firm run by Terry Grogan, acting CTO for Temple University Hospital (PA). It appears from VeritechIT’s bio page that Michael Feld — listed as founder, president, and CEO – is also acting CTO of Lancaster General Health System (PA).
(66) Medical device maker Medtronic acquires competitor Covidien for $42.9 billion in cash and stock, giving Medtronic a convenient excuse to move its headquarters out of US tax jurisdiction to Ireland even though the company’s name will continue as Medtronic and its “operational headquarters” will remain in Minneapolis. 

6.25.14

(67) Emdeon will acquire Capario for $115 million in cash from its private equity owner Marlin Equity Partners, with Emdeon announcing plans to incorporate the CaparioOne revenue cycle management product into its Intelligent Health Network.
(68) KPMG acquires Cincinnati-based Zanett Commercial Solutions, an Oracle partner and health IT consulting firm.
(69) IMSHealth will acquire some product lines of Cegedim, which sell life sciences marketing solutions, for $520 million in cash. Cegedim’s Pulse Systems products for medical practices (PM/EHR, RCM, patient portal, patient kiosk) weren’t mentioned as being part of the deal.
(70) Quintiles completes the acquisition of Encore Health Resources (MedCity News)

7.8.14

(71) Mobile health startup Validic has acquired Silicon Valley-based competitor Infometers in a deal that expands the sensor data aggregation company's ecosystem by 44 percent and gives them a presence outside of their Research Triangle home. 

7.14.14

7.30.14

(74) 3D Systems acquires Simbionix Surgical Simulation for $120mm in cash. (3DPrint.com)

8.5.14

(75) Cerner has announced $1.3 Billion acquisition of Seimen's health care services business, making it the undisputed largest Health IT company in the world in terms of workforce (and possibly total revenue as well). (Cerner Press Release

8.6.14

(77) Practice Fusion has acquired after-hours house call startup Ringadoc. (MobiHealth News & Practice Fusion Press Release)
(78) Clinical surveillance software developer Theradoc was acquired by Premier for $117mm in cash. (Premier Press Release)
(79) WedMD acquires TheraSim. (MobiHealth News

9.17.14

(80) Viverae acquires mobile-enabled, behavioral health startup OneHealth. (MobiHealth News)

9.22.14

(81) MedAssets completes acquisition of Sg2 for $142mm. (Press Release)

9.23.14

(82) HCA, the largest hospital system in the US, announced it will acquire PatientKeeper, developer of mobile apps for physicians that merge data from multiple systems inside one institution. (Healthcare IT News)

10.2.14

(83) Nextech will acquire MDIntelleSys, maker of cloud-based EHR software for Eye Care. (Press Release)

10.9.14

(84) Box will acquire medical image sharing startup MedXT to boost the growing cloud-services company's healthcare offering in the run-up to their IPO. (MedCity News)
(85) NetPulse acquires Club Apps for an undisclosed sum. (MobiHealth News)

10.28.14

(86) Vitals has acquired price transparency service Compass Health Advisors. (MobiHealth News

11.3.14

(87) PDR Network has merged with LDM Group, provider of medication adherence and behavioral health information solutions. (Press Release
(88) Aetna has acquired Chicago-based maker of insurance exchange software bswift for $400mm. (MobiHealth News)

11.4.14

(89) Physical Therapy EHR provider WebPT acquires WebOutcomes, which has developed a web-based outcomes tracking tool for physical therapy patients. (Press Release)
(90) Truven Health Analytics has bought JWA Consulting. (Press Release)

11.20.14

(91) ShareCare will acquire Quality Health and its 50 million members. (MobiHealth News)

11.21.14

(92) Emdeon will acquire Change Healthcare in a deal valuing the Nashville-based startup at nearly $185mm. (MobiHealth News

12.9.14

(93) Welch Allen has completed the purchase of remote patient monitoring startup HealthInterlink. (MobiHealth News)

12.10.14

(94) Happtique has been snapped up by Las Vegas-based Social Wellth. (MedCity News)

12.15.14

(95) Neos Technologies has acquired AFrame Digital, one of the original smartwatch companies with a medical-grade quantified self device which has largely been distributed through licensing deals with third parties such as Sprint. (Press Release)

12.22.14

(96) HTC Global Services has acquired CareTech Solutions, which develops health IT and web products for health systems. (MedCity News

12.24.14

(97) AMN Healthcare Services acquires Avantas in a deal for $16.5mm cash and a potential for $8.5mm in additional earn-out based on future performance. (MedCity News)

12.31.14

(98) In the final deal of 2014 Modernizing Medicine snaps up Aesyntix Health for an undisclosed sum. (MedCity News








No comments:

Post a Comment