Mergers and acquisitions

Executives in a meeting
By  Anthony Vecchione 11:17 am December 27, 2024
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...
Five businesspersons sitting around a table with two of them shaking hands
By  Jessica Hagen 08:00 am December 27, 2024
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...
Person in a wheelchair and another people standing beside them in a room with a large window
By  Anthony Vecchione 02:38 pm December 23, 2024
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...
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...