Lohmann & Rauscher Acquires German Telemedicine Company OnlineDoctor
Lohmann & Rauscher (L&R) announced on February 26 that it has acquired telemedicine company OnlineDoctor AG. This acquisition of a digital health start-up marks the first in L&R’s corporate history. OnlineDoctor is a provider of teledermatology in Switzerland and Germany, offering digital skin diagnoses by medical specialists. With around 800 dermatologists and partnerships with pharmacies and health insurance companies, OnlineDoctor enables rapid diagnoses. L&R is a German-Austrian manufacturer of medical devices and hygiene products. The company is a result of a merger in 1998 between Lohmann (established in 1851) and Rauscher (formed in 1899). L&R’s... Read More »
EXA Capital Acquires EHR Company PrecisionCare
EXA Capital has announced the acquisition of PrecisionCare for an undisclosed price. This acquisition strengthens EXA Capital’s presence in the healthcare technology sector and expands its portfolio into the space of care management solutions. Founded in New York in 1999, PrecisionCare provides a SaaS platform specializing in electronic health records (EHR) and care management solutions for the behavioral health and long-term care industries. EXA Capital is a long-term focused acquirer and operator of software companies. Founded in 2020, EXA focuses on a buy-and-hold forever strategy for enterprise software companies. EXA Capital is committed to preserving the mission, values and... Read More »
Revco Solutions and Wakefield & Associates Announce Strategic Merger
Revco Solutions and Wakefield & Associates announced on February 19 a strategic merger between the two companies. The combined entity will operate as Revco Solutions. Established in 1933, Wakefield & Associates offers healthcare revenue cycle management (RCM) solutions to maximize revenue and streamline operations. The company is based in Aurora, Colorado. Revco Solutions, a portfolio company of Longshore Capital Partners, was formed through the merger of Professional Recovery Consultants and Credit Bureau Collection Services in 2019. The company provides RCM services across a multitude of industries. Leadership continuity has been a key focus throughout this transition. Mark... Read More »
Summer Health Acquires Caraway Health
New York City-based Summer Health announced on February 11 that it entered into an agreement to acquire Caraway Health. Caraway Health is a Gen Z-focused virtual care company that was founded in 2022. The company is focused on caring for Gen Z women’s health. It offers a wide array of mental health services, as well as physical and reproductive health, for women between the ages of 18 and 29. Summer Health is a pediatric telehealth messaging service that provides parents with access to pediatric care at any time of the day via text message. The deal will give Summer Health a new foothold in adolescence and early adult health. Financial terms of the deal were not... Read More »
