Mergers and acquisitions

An obstetrician-gynaecologist reading an automated report by Sonio Detect
By  Adam Ang 08:40 pm May 14, 2024
Seoul-based medical equipment maker Samsung Medison has recently agreed to fully purchase Sonio, a foetal ultrasound AI company in France, for 126 billion won ($92 million).  The four-year-old French startup has been developing IT solutions for obstetrics and gynaecology ultrasound, assisting medical professionals in documenting and evaluating ultrasound examinations.  Last year, it obtained the...
A doctor using a laptop to write referrals
By  Adam Ang 08:15 pm May 5, 2024
Consultmed to replatform to InterSystems' IRIS for Health Consultmed is moving its referral management software to InterSystems IRIS for Health data platform.  The move comes as the health IT provider looks to "do integrations at scale." Hosted on Microsoft Azure, Consultmed enables referral management, virtual triage, Advice & Guidance, secure messaging, digital patient forms, requests for...
Person holding tablet in front of person wearing surgical mask
By  Trevor Dermody 12:53 pm April 23, 2024
Patient-management company ABOUT Healthcare announced it has acquired AI analytics platform Edgility, enabling ABOUT to offer patient progression solutions with predictive and prescriptive analysis.  ABOUT Healthcare, formerly Central Logic, provides a product-care suite that allows it to move patients in and out of various settings, such as acute care and home-based care.  Edgility’s AI solution...
Four people in nursing uniforms, one wearing stethoscope
By  Trevor Dermody 02:26 pm April 22, 2024
Staffing and workforce management company ShiftMed has acquired workforce solutions managed-service provider CareerStaff Unlimited in a deal with post-acute-care provider Genesis HealthCare.  As part of the seven-year agreement, ShiftMed will provide services to 200 skilled nursing and 1,200 Powerback Rehabilitation centers for Genesis.  CareerStaff’s per diem and MSP platform enables healthcare...
Coreline Soft's flagship product, AVIEW LCS
By  Adam Ang 02:59 am April 5, 2024
South Korean medical AI company Lunit has recently secured deals with hospitals in Europe, where the medical device market – the second largest after the North American market – is worth $155 billion. It won the contract to supply a lung disease screening solution to TeleDiag, the largest teleradiology group in France.  Lunit was also chosen to provide a mammography analysis solution to the...
Group of people, two in lab coats, sit around table
By  Trevor Dermody 10:28 am April 3, 2024
Chicago-based GE HealthCare announced it closed its acquisition of AI and imaging solutions company MIM Software, expanding its digital imaging offerings.  Cleveland-based MIM Software provides remote software solutions for oncology, nuclear medicine, cardiac imaging and neuroimaging.  The company touts its products as reducing time spent on manual tasks, allowing clinicians to focus on providing...
A doctor reading a patient's chart while discussing it with another doctor on the phone
By  Adam Ang 01:08 am March 8, 2024
Magentus taps Google Cloud for genAI Magentus has engaged Google Cloud to help it build a "centralised and secure" foundation for customer data in the cloud, leveraging generative AI solutions and large language models. The health IT provider intends to assist clinicians in easily accessing information and simplifying the way they extract insights from complex, unstructured medical data, which...
Four people sitting in an audience looking at something off screen
By  Jessica Hagen 02:47 pm February 8, 2024
Direct primary care provider Everside Health and employer health provider Marathon Health are merging to offer primary care with offerings for patients, employees and union-sponsored clients utilizing a value-based care model.  Everside works with employers and unions to offer healthcare directly to their workers without an insurer middleman. It includes health centers and virtual care, and...
Two people standing in a hallway talking to each other, with one holding a tablet
By  Jessica Hagen 02:28 pm February 7, 2024
Mobile-first employee wellness and engagement company Virgin Pulse and benefits and analytics platform HealthComp, which merged in November, are rebranding under the name Personify Health. Personify combines Virgin Pulse's offerings with HealthComp's health plan administration solutions, offering one platform with health, navigation, benefits and wellbeing experiences alongside data-driven...
Four business people standing in a room with two of them shaking hands
By  Nathaniel Lacktman and Louis Lehot 12:00 pm December 8, 2023
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...