Mergers and acquisitions

A doctor reviewing a patient's file on a digital tablet
By  Adam Ang 06:05 am February 24, 2025
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...
Person wearing a virtual reality headset
By  Jessica Hagen 11:56 am February 18, 2025
Boston-based therapeutic extended reality platform XRHealth has acquired virtual reality digital therapeutics company RealizedCare, which combines digital therapeutics with wraparound virtual services to supply value-based chronic care management.  XRHealth offers medical extended reality (XR) experiences focused on the physical and cognitive space, including immersive environments designed to...
Person addressing business meeting
By  Anthony Vecchione 03:43 pm February 14, 2025
Exero Medical, a company focused on early detection of post-operative complications using tissue healing data, has secured up to $12.7 million in funding to complete its FDA trial and launch its breakthrough-designated xBar system in the United States.  The round includes $10 million in upfront funding and additional milestone-based warrants, as well as $2.7 million in non-dilutive grants. The...
Person interacting with a healthcare professional via a telehealth visit
By  Anthony Vecchione 02:26 pm February 14, 2025
Kyruus Health, a care access platform, is partnering with Abundant Health Acquisition (aha!), a health experience company, to integrate Kyruus Health's care access platform with aha"s "low-code/no-code" platform directly within a health system's digital experience platform.  The two companies aim to deliver data-driven patient access that includes a data foundation for seamless patient access. ...
Person sitting on a couch while holding a cup and talking to a healthcare provider on their computer
By  Jessica Hagen 04:51 pm February 5, 2025
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...
Healthcare provider talking on the phone while looking at a chart
By  Anthony Vecchione 05:31 pm January 30, 2025
NeuroFlow, a behavioral health technology and analytics company, announced it acquired virtual mental and behavioral health platform Quartet Health in a deal that is expected to close at the end of January. NeuroFlow’s technology and analytics platform combines behavioral health into physical health workflows while focusing on the "enablement of care delivery and visibility into quality and risk...
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...