Mergers and acquisitions

Advanced Human Imaging website
By  Adam Ang 03:05 am December 2, 2022
ASX-listed Advanced Human Imaging has restructured its board while completing its takeover of Canadian digital health company wellteq.  In a corporate disclosure, AHI announced the appointment of wellteq CEO and co-founder Scott Montgomery as its incoming CEO.  Montgomery has helped build wellteq, serving as CEO, President and director, since its inception in 2013. He has over two decades of...
A woman talking to a provider on a tablet.
By  Emily Olsen 12:13 pm November 29, 2022
Amwell is in talks to acquire struggling teletherapy company Talkspace for about $200 million, according to Israeli business publication Calcalist. Talkspace's stock price surged in the wake of the deal rumors. It went public in 2021 after a merger with a special purpose acquisition company, opening at $8.90 per share. The deal valued Talkspace at $1.4 billion. But the digital mental health...
Person using a wearable watch
By  Jessica Hagen 01:48 pm November 23, 2022
ASX-listed health tech firm CardieX announced it acquired Silicon Valley-based Blumio, a developer of cardiovascular sensor algorithms and data analytics tools. CardieX focuses on hypertension, cardiovascular health and other arterial health disorders, while Blumio develops wearable-sensor technologies focused on capturing cardiovascular data, including blood pressure measurements.  The...
Person using a smartphone
By  Emily Olsen 11:57 am November 18, 2022
Digital behavioral health company SonderMind announced this week it had acquired Total Brain, a platform that allows users to track their mental capacity, emotions and stress levels.  Total Brain's offerings include brain assessments and tracking, screeners for common mental health conditions, and personalized self-care and stress relief programs. The company was previously listed on the...
Logos of HCAH and Seniority
By  Adam Ang 02:42 am November 18, 2022
HCAH acquires digital care platform Seniority HCAH, a health tech company in the out-of-hospital care segment in India, is expanding to elderly care with its acquisition of senior-centric digital care platform Seniority by the RPG Group. Seniority is one of the largest elderly care platforms in India with a portfolio of more than 20,000 medical and lifestyle products for seniors.  HCAH bought the...
A woman talking to a doctor through a video chat on her laptop.
By  Emily Olsen 12:20 pm November 11, 2022
Telehealth staffing and services company Wheel will acquire GoodRx's backend virtual care technology for $19.5 million in cash.  The deal, which is expected to close at the end of the month, includes GoodRx Care's EHR, clinical management tools and patient experience software.  Wheel will integrate the tech into its virtual care offerings, though GoodRx will continue to own and operate its...
A surgeon looking at a monitor.
By  Emily Olsen 03:45 pm November 9, 2022
Anumana, a joint venture between EHR data company nference and the Mayo Clinic, announced this week it had purchased NeuTrace, which focused on developing AI applications for assessing electrical signals in the heart.  The deal includes the NeuTrace EP Data Biome, a platform designed to link devices and AI tools during electrophysiology procedures, as well as AI applications in development that...
A person presenting to investors
By  Emily Olsen 11:18 am November 8, 2022
Health tech companies in the U.S. and the European Union have raised about $23 billion so far this year, a downward shift as the market recovers from the massive investment in 2021, according to a report by Silicon Valley Bank. The report, which tallies funding through Sept. 30 this year, noted the decline was particularly sharp in the third quarter, dropping 39% from Q2 and 67% from the height...
Businesspeople shaking hands.
By  Emily Olsen 11:44 am November 7, 2022
VillageMD, a primary care provider backed by Walgreens, announced Monday it had signed a definitive agreement to buy Summit Health, a multispecialty medical practice and parent company of urgent care provider CityMD. The deal is valued at $8.9 billion and includes investments from Walgreens Boots Alliance and Evernorth, the health services subsidiary of insurer Cigna. The acquisition marks...
Businesspeople shaking hands
By  Emily Olsen 11:58 am November 2, 2022
Hint Health announced it had purchased AeroDPC, which offers an EHR and practice management software for direct primary care clinics. Hint's tools include HintOS, a platform geared toward practices using a subscription-based payment model for care instead of working through insurers. It assists with enrollment, member management, billing and administration.  Immediately following the deal,...