Mergers and acquisitions

Amazon sign
By  Emily Olsen 11:58 am February 22, 2023
Amazon closed its $3.9 billion acquisition of primary care provider One Medical shortly after multiple news outlets reported the Federal Trade Commission wouldn't sue to block the deal. The acquisition marks another move into healthcare for the tech and retail giant. It's launched a number of ventures in the space, including the new Amazon Clinic and the recently shuttered Amazon Care offering...
A doctor showing a patient and a family member information on a tablet.
By  Emily Olsen 10:32 am February 16, 2023
Elation Health, which offers tools for telehealth, patient engagement and an EHR geared toward primary care providers, announced on Thursday that it had acquired billing and practice-management company Lightning MD. Elation said it would combine the billing and revenue cycle software with its tools to offer an all-in-one product in beta starting this summer. Practices who use other management and...
Insulet product offering
By  Jessica Hagen 02:20 pm February 13, 2023
Mass.-based insulin-pump maker Insulet acquired assets related to Bigfoot Biomedical's pump-based automated insulin delivery (AID) technologies for $25 million.  Insulet and Bigfoot offer two distinct forms of diabetes-management care: Insulet's Omnipod system that delivers insulin via a wearable, tubeless pump dubbed the Pod; and a remote controller called the Personal Diabetes Manager (PDM)....
Satish Kannan, CEO and co-founder, MediBuddy
By  Adam Ang 11:18 pm February 9, 2023
Virtual health company MediBuddy has acquired the telehealth business of US-based managed healthcare company Aetna in India. vHealth by Aetna, which is run by Aetna's subsidiary Indian Health Organisation (IHO), offers subscription-based primary healthcare services, including telephone and video consultations and delivery of medicines, blood tests and other home healthcare products across 38...
A doctor conducting a cardiac ultrasound.
By  Emily Olsen 01:28 pm February 9, 2023
GE HealthCare announced Thursday it had signed an agreement to acquire Caption Health, maker of AI-enabled ultrasound guidance software.  The deal marks the newly independent company's second acquisition announcement since it completed its spin-off a month ago. Shortly after the newly spun-off GE HealthCare debuted on Nasdaq, the company revealed it had entered into an agreement to buy French...
A masked person walking by a CVS pharmacy.
By  Emily Olsen 11:46 am February 8, 2023
After weeks of rumors, CVS Health announced plans to acquire Oak Street Health, a primary care provider geared toward the Medicare population, in a deal worth approximately $10.6 billion. Chicago-based Oak Street Health runs 169 clinics in 21 states, employing about 600 primary care providers. CEO Mike Pykosz will continue to head up the company following the deal's close, which the companies...
Businesspeople shaking hands.
By  Emily Olsen 12:35 pm February 7, 2023
CVS Health is reportedly getting close to an agreement to acquire Oak Street Health, a primary care provider geared toward the Medicare population, for about $10.5 billion including debt. According to reporting by the Wall Street Journal that cites sources familiar with the deal, the companies are considering a price of about $39 per share. The acquisition could be announced this week, pushing...
People standing around talking
By  Jessica Hagen 03:28 pm February 2, 2023
Workplace wellbeing company Unmind announced Thursday it had acquired Dublin-based employee mental healthcare platform Frankie Health. Alongside the deal, the company launched Unmind Talk, an offering based on Frankie Health's global network of mental health providers. Unmind Talk offers employees a personalized number of sessions with professional mental health providers, along with Unmind's...
Businesspeople shaking hands.
By  Emily Olsen 01:31 pm February 2, 2023
Clinical trial tech company Science 37 announced Thursday it has acquired a life science platform from Vault Health, which offers COVID-19 testing and health-screening services for employers.  Science 37 said the deal accelerates its plans to add features like advanced scheduling, investigational product tracking and data sharing with electronic data capture systems and EHRs.  The company said...
A doctor and patient in a face-to-face consultation
By  Adam Ang 10:53 pm January 12, 2023
Amplify Health absorbs AI firm AiDA  Health tech company Amplify Health, a Singapore-based joint venture between AIA and Discovery Group, has acquired AI solutions provider AiDA Technologies. Based on a press statement, AiDA, which was founded in 2016, develops proprietary ML technologies that are used to automate underwriting, claims processing, and detect fraud, waste, and abuse.  "The...