Mergers and acquisitions

Business officials shake hands to close a deal
By  Adam Ang 07:36 pm December 17, 2024
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 providers sitting in a circle
By  Jessica Hagen 03:20 pm December 4, 2024
Aya Healthcare, a talent software and staffing company, has signed a definitive agreement to acquire tech-enabled healthcare staffing company Cross Country Healthcare for $18.61 per share in an all-cash transaction valued at around $615 million. Calif.-based Aya Healthcare offers a healthcare-focused digital staffing platform that includes travel nursing and allied health, per diem staff,...
Several people sitting in a courtyard looking away from the camera
By  Jessica Hagen 02:35 pm November 19, 2024
U.K.-based Vitality, which offers tools to promote positive behavioral change in patients, announced its acquisition of U.S.-based coaching platform WellSpark.  WellSpark was formed out of EmblemHealth, one of the largest nonprofit health insurers in America, and provides employers with a coaching platform that leverages science, technology and human connection.   Vitality, also known as Vitality...
Executives discussing business deal
By  Anthony Vecchione 01:38 pm November 13, 2024
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...
LADO and Neurophet officials pose after an MOU signing
By  Adam Ang 06:46 pm November 10, 2024
Neurophet sets up China JV Medical imaging AI company Neurophet from South Korea has established a joint venture in China.  It recently signed an exclusive deal with LADO, one of the leading medical software providers in China, to market its AI-based software for quantifying levels of Alzheimer's disease biomarkers in PET images.  The deal, which also establishes a joint venture with LADO, aims...
Two people standing in a room shaking hands while two other people stand by them and watch
By  Jessica Hagen 12:04 pm November 7, 2024
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...
Person doing rehabilitation exercises while wearing a headset and standing next to a PT
By  Jessica Hagen 04:22 pm November 6, 2024
Therapeutic extended reality platform XRHealth announced it acquired cognitive training VR platform NeuroReality and its assets, including its main product, Koji's Quest. Boston-based XRHealth offers a catalog of immersive medical extended reality (XR) experiences focused on the physical and cognitive space, including symptom management, meditation exercises, upper extremity rehabilitation,...
Healthcare professional consulting with patient
By  Anthony Vecchione 01:23 pm November 5, 2024
Digital Healthcare company WELL Health Technologies Corp. entered into definitive agreements to acquire the clinical assets of Jack Nathan Medical Corp., which includes a network of 16 owned and operated primary care clinics across 13 Canadian cities and a clinic-licensing business with 62 licensee clinics, which the company says will become the model for its new Affiliate Clinic business stream...
Oura Ring
By  Jessica Hagen 05:20 pm October 31, 2024
Health-tracking ring maker Oura announced it has agreed to acquire data company Sparta Science, which offers a platform that collects and analyzes health and performance information. Oura will leverage Sparta Science’s Trinsic data platform to expand its B2B offerings. The company says the acquisition will enhance its Oura Teams platform to serve enterprise, healthcare and government customers. ...
Company officials shake hands to close a business deal
By  Adam Ang 02:35 am October 18, 2024
Presagen divests IVF AI line to Japanese manufacturer Adelaide-based Presagen has sold its line of AI solutions for in vitro fertilisation to Japanese assisted reproductive technology manufacturer, Astec. The Life Whisperer series assesses embryo and oocyte images. It features AI algorithms that determine an embryo's likelihood of leading to pregnancy and being genetically normal, evaluate its...