Auckland-based health IT company Medtech Global has been acquired by software acquirer Banyan Software from the United States.
Founded in 1989, Medtech claims to develop the first practice management system in New Zealand. It also offers a payment solution and a digital health application integration platform.
WHY IT MATTERS
Medtech was first sold during the thick of the pandemic in 2020 to...
New York-based virtual care company Teladoc Health announced it has signed a definitive agreement to acquire virtual preventative care company Catapult Health in an all-cash deal worth $65 million.
The deal includes an additional $5 million in contingent earnout consideration, meaning Teladoc agrees to pay additional cash or provide equity interests to Catapult should certain events occur after...
Cloud platform provider for the property and casualty (P&C) insurance economy business, CCC Intelligent Solutions (a subsidiary of CCC Intelligent Solutions Holdings), has acquired EvolutionIQ, a platform for AI-powered guidance for disability and injury claims management, for $730 million.
The aim of the acquisition is to expand CCC’s market reach into strategic adjacencies and strengthen...
Toronto-listed HEALWELL AI is making a multi-million-dollar purchase of New Zealand-based Orion Health to combine their capabilities in data infrastructure and AI.
The Canadian healthcare AI company signed a deal to acquire Orion Health, which offers health data management solutions, for CA$165 million or NZ$200 million ($115 million).
The transaction, advised by JP Morgan, is expected to close...
Health Catalyst, a U.S.-based provider of healthcare data and analytics for care organizations, signed a definitive agreement to acquire all equity interests of cybersecurity provider Intraprise Health for an aggregate purchase price of approximately $43 million.
Intraprise offers an end-to-end cybersecurity risk management and services platform, while Health Catalyst's healthcare data and...
New York-based mental health technology company Resilience Lab has acquired online psychiatric medication management platform Options MD, which will allow Resilience to offer integrated prescription management and psychotherapy services for moderate to severe mental illness.
Resilience Lab is an online mental healthcare platform that connects patients with therapists who specialize in depression...
Kipu Health, a company that provides technology solutions for behavioral health announced it acquired Hatch Compliance, a cloud-based compliance management and software provider focused on behavioral health companies.
The acquisition is expected to augment Kipu's suite of offerings by adding "robust governance, risk and compliance" abilities.
Kipu interacts with patients via customer...
Today, a tale of two markets are seen in healthcare mergers and acquisition: the present (as reflected in the data about declining dealmaking) and the future (reflected in the increasingly positive outlook by dealmakers).
While deal data can vary according to how it is defined and who is reporting, it has declined substantially across the board since the high-water mark in late 2021 and early...
Amwell is in talks to acquire struggling teletherapy company Talkspace for about $200 million, according to Israeli business publication Calcalist.
Talkspace's stock price surged in the wake of the deal rumors. It went public in 2021 after a merger with a special purpose acquisition company, opening at $8.90 per share. The deal valued Talkspace at $1.4 billion.
But the digital mental health...
Pfizer completes ResApp purchase for over $115 million
Biopharmaceutical giant Pfizer has finalised its acquisition of ASX-listed digital health startup ResApp for A$179 million ($116 million), according to the University of Queensland.
Brisbane-based ResApp has developed a mobile app that analyses cough sounds and diagnoses respiratory diseases, including asthma, pneumonia, bronchiolitis, croup...
