Healthcare software company Commure announced it acquired digital care navigation platform Memora Health.
Commure provides a FHIR-compliant development platform for health systems, vendors and startups to build healthcare applications and software. The company offers a suite of products including Scribe, automatic clinical documentation powered by AI; Strongline, wearable duress badges that allow...
Executives across the digital health sector shared their insights with MobiHealthNews on whether mergers and acquisitions will continue to play a major role in the industry in 2025. Many pointed to factors such as shifts in the political climate, company valuations and large organizations seeking to expand their portfolios as potential drivers of increased M&A activity.
Sean Mehra, cofounder...
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...
Scripta Insights announced it raised $17 million in Series B funding led by Aquiline, bringing its total raise to $42 million.
Contour Venture Partners, Eastside Partners and ReMY Investors participated in the round.
Avery Klinger from Aquiline will be joining Scripta's board of directors as part of the deal.
WHAT IT DOES
Scripta Insights develops pharmacy navigation solutions for self-insured...
Precision medicine startup Promise Bio announced that it has emerged from stealth with an $8.3 million seed investment.
Awz Ventures led the round with funding from AION Lab's venture seeding track from AstraZeneca and Pfizer, which provided Promise Bio with financial backing to accelerate the development of its platform.
In addition to the funding, the company received a grant from the Israel...
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...
Healthcare technology company athenahealth, introduced new automation and AI-based software innovations that streamlines and lowers the burden of revenue cycle management (RCM) for thousands of physician practices.
The company aims to eliminate at least half of the work currently handled by athenahealth practices over the next three years, while increasing the speed, accuracy and quality of RCM...
Redesign Health, a company that builds, launches and finds funding for other healthcare startups, has closed a $175 million investment for a new fund focused on igniting the creation of healthcare companies.
Declaration Partners, Euclidean Capital and True North Advisors participated in the round.
WHAT IT DOES
Redesign has launched more than 60 health tech companies since its founding in 2018,...
Qi Biodesign, a company involved in genome-editing technologies, announced that it has completed a $75 million funding round, which includes seed funding and Series Pre-A and Series A stages.
Beijing Medical and Health Care Industry Investment Fund led the round, with additional participation from Beijing Changping Technology Innodevelop Group, Mingzhe Capital and returning investor CD Capital. ...
Former employees of California-based virtual healthcare provider HealthTap have filed a complaint in the State of Delaware against the company, venture firm Mohr Davidow Ventures (MDV), board members and executives, alleging that MDV orchestrated a process to dilute the company's valuation to become a majority controlling shareholder.
The lawsuit also names HealthTap board members and executives...
