OncoHealth Secures Strategic Investment from Arsenal Capital Partners & McKesson Corporation

OncoHealth Secures Strategic Investment from Arsenal Capital Partners & McKesson Corporation

OncoHealth, the leading digital health company dedicated to oncology, announced on Monday it has received strategic investments from Arsenal Capital Partners, a private equity firm specializing in building transformational healthcare businesses, and from McKesson Corporation. The investments will support OncoHealth’s innovation and delivery of its oncology-specific digital health solutions for people with cancer, and Arsenal will take a majority ownership stake in the business. Financial terms were not disclosed. OncoHealth helps health plans, employers, providers, patients and life science researchers navigate the physical, mental and financial complexities of cancer through... Read More »
Florida Revenue Cycle Management Company Billed Right Acquires Ruffe Systems

Florida Revenue Cycle Management Company Billed Right Acquires Ruffe Systems

On April 26, Billed Right, a nationwide revenue cycle management (RCM) company headquartered in Longwood, Florida, announced the acquisition of Ruffe Systems, Inc. (RSI) Ruffe Systems is a Miami, Florida-based medical billing company founded in 1982 that specializes in medical billing services for hospital-based physician groups such as pathology and radiology. Financial terms of the transaction were not disclosed. Founded in 2006, Billed Right provides leading and innovative expertise in RCM solutions and operational management for healthcare organizations of all specialties. This deal will complement the experience Billed Right gained over the last 16 years in the medical billing... Read More »
GoodRx Completes Acquisition of vitaCare for $150 Million

GoodRx Completes Acquisition of vitaCare for $150 Million

GoodRx, a leading consumer-focused digital healthcare platform, announced the completion of its previously announced acquisition of vitaCare Prescription Services from TherapeuticsMD for $150 million in cash, with an additional $7 million of consideration contingent payment upon vitaCare’s financial performance through 2023. VitaCare Prescription Services is a technology and services platform that helps patients navigate key access and adherence barriers for brand medications. Specifically, vitaCare helps patients understand coverage and identify available savings opportunities, and facilitates communications between providers and payors. The platform also offers a seamless path for... Read More »
GoodRx Completes Acquisition of vitaCare for $150 Million

MedPiper Strengthens Position in India

On March 25, MedPiper announced that it was acquiring MedWriter. Financial terms of the transaction were not disclosed. MedPiper, based in Bengaluru, India, is a platform to help verified healthcare professionals track job alerts, industry updates, research trends and more. It boasts of a database of over 65,000 verified health care providers and it provides its services for 35 healthcare organizations. MedWriter is an artificial intelligence writing assistant for doctors. MedWriter was designed and built by Lonere Labs, which acted as the seller in this transaction. Lonere Labs is a Bangalore-based product lab run by Abhijeet Katte. Already, more than 1,000 doctors and healthcare... Read More »
GoodRx Completes Acquisition of vitaCare for $150 Million

Consensus Cloud Solutions Acquires Summit Healthcare

Consensus Cloud Solutions, a trusted global source for the transformation, enhancement and secure exchange of digital information, announced that it has acquired Summit Healthcare Services in a deal finalized on February 4, 2022. Financial terms of the transaction were not disclosed. The combination of Summit Healthcare’s technology solutions and services with Consensus Cloud Solution’s advanced cloud and Natural Language Processing (NLP)/Artificial Intelligence (AI) capabilities will provide many benefits throughout the continuum of care, including improved staff productivity and care continuity, which will positively impact health outcomes. This is Consensus’ first acquisition as a... Read More »
Allscripts to Sell Hospital and Large Physician Practice Assets for up to $700 Million

Allscripts to Sell Hospital and Large Physician Practice Assets for up to $700 Million

Constellation Software Inc. completed its agreement with Allscripts Healthcare Solutions to acquire the net assets of Allscripts’ Hospitals and Large Physician Practices business segment, which largely focuses on electronic health record services and backend office support, through its wholly-owned subsidiary, N. Harris Computer Corporation. Allscripts’ Hospitals and Large Physician Practices business segment includes the Sunrise™, Paragon®, Allscripts TouchWorks®, Allscripts® Opal and dbMotion™ solutions. However, the assets of Allscripts’ Veradigm business segment are not included in this transaction and will continue to be owned by Allscripts going forward. According to... Read More »