Cardinal Health entered into a definitive agreement with GI Alliance (GIA) and Advanced Diabetes Supply Group (ADSG) with the aim of advancing its presence in the multispecialty GI and at-home diabetes spaces.
The company will acquire a majority stake in GIA for $2.8 billion giving it 71% ownership. For its part, GIA will operate as a platform within Cardinal Health's pharmaceutical and specialty...
Medically Home Group, a services company that supplies remote care technology for at-home acute care, has added a $10 million strategic investment from Cardinal Health and other unnamed backers of its ongoing Series B funding round.
WHAT THEY DO
The company pitches its “Virtual Hospital” service as an alternative to lengthy and expensive hospital stays. It deploys monitoring and communication...
This year is shaping up to be a big one for acquisitions, if not for the money (many are for undisclosed amounts) but for sheer volume. We’ve seen 30 so far, and with a little over three months to go, 2016 may well end up eclipsing 2015’s total of 37 deals. Rather than just list the companies, we've broken them down into different categories based on who the acquirer is, to try to outline some...
Cardinal Health, an Ohio-based healthcare products and services company, has acquired TelePharm, an Iowa-based company which, among other things, uses telemedicine to connect pharmacists to patients. The sale price was not disclosed. The Des Moines Register broke the news.
TelePharm was founded in 2012. It raised one $2.5 million funding round in 2014, from venture capitalist John Pappajohn and...
HealthSpot, a Dublin, Ohio-based company building telemedicine kiosks for workplace and retail locations, has raised $8 million from undisclosed investors, bringing the current raise, which began in March 2013, to $18 million total. This is the company's first round since 2012 and brings their total known funding to $23 million.
HealthSpot kiosks are designed for supermarkets, pharmacies, and...
Fresh off its partial takeover by a venture capital firm, Duet Health, a Columbus, Ohio-based provider of mobile communications services for patient education, is looking to raise its profile.
The first step for Duet Health, which got a majority investment of an undisclosed amount from Baird Capital Partners over the summer – not widely publicized until this month – is to develop a marketing...
Amir Jafri, COO, West Wireless Health Institute
The West Wireless Health Institute (WWHI) announced that former Cardinal Health executive Amir Jafri has joined the Institute as its chief operating officer (COO) and former UN Foundation executive Mitul Shah has joined the WWHI as its senior director of programs and partnerships for engineering. Jafri begins immediately, while Shah will take his...
Vanguard Health Systems has become the tenth company to join the Dossia Consortium, which is a non-profit organization made up of U.S. employers that seek to empower their employees to make smarter, more informed healthcare decisions by providing them with access to their healthcare data through what the consortium calls a personally-controlled health record (PCHR). That sounds a lot like a...
