Sharecare Enters Into Definitive Agreement to be Acquired by Altaris
Atlanta, Georgia-based Sharecare announced that it has entered into a definitive agreement to be acquired by an affiliate of Altaris Capital Partners. According to data captured in the LevinPro HC database, this acquisition represents the 116th eHealth transaction of 2024, and the 13th in the patient engagement specialty. Sharecare develops a mobile platform that lets patients manage their health through tools that include medication adherence and chronic disease management, and then communicate with a physician or doctor for consultation. According to its most recent financial report, Sharecare’s revenue for the full year 2023 was $445.3 million, and adjusted EBITDA was $16.5... Read More »
The Wilshire Group Expands RCM Services With Trifecta Group Acquisition
The Wilshire Group announced on June 24 the acquisition of Trifecta Group, Inc., headquartered in Redwood City, California. This acquisition will enhance Wilshire Group’s capabilities, extending its reach and reinforcing its commitment to providing comprehensive and client-focused revenue cycle management (RCM) consulting. Trifecta Group is a specialized consulting firm dedicated to helping healthcare providers improve their RCM processes and system utilization. The Trifecta Group serves payers, providers and healthcare systems across the country. Its portfolio of services includes evaluation and assessment of people, process and/or technology performance, project management,... Read More »
knownwell Expands AI-Enabled Obesity Treatment With Alfie Health Acquisition
Needham, Massachusetts-based knownwell announced on June 20 the acquisition of Alfie Health. Alfie Health is an online precision medical and obesity management clinic that uses artificial intelligence to generate evidence-based recommendations for weight management. Alfie’s AI-powered ObesityRx™ technology analyzes patient medical history to determine the most effective treatment strategies for sustainable metabolic health improvements, leveraging a data-driven approach to balance cost and improve outcomes. knownwell is an in-person and virtual, weight-inclusive primary care and metabolic health company. knownwell practices evidence-based medicine that supports a patient’s unique goals,... Read More »
Sidekick Health Expands Oncology and Women’s Health Portfolio With PINK!
Sidekick Health has announced the acquisition of PINK!, a pioneering digital health company specializing in cancer support and women’s health. This acquisition enhances Sidekick Health’s portfolio and strengthens its position in the digital therapeutics market. PINK! operates a physician-led online platform for breast cancer patients, offering digital therapeutics. The health-tech startup from Hamburg developed PINK! Coach, the first and only breast cancer app permanently approved as a DiGA (app on prescription). This app serves as a digital companion for breast cancer patients, providing scientifically-based medical information and guidance. Founded in 2020, PINK! employs 27... Read More »
Remote Patient Monitoring May Continue Growth Trend for the Rest of the Decade
Consistent annual growth in deal volume has characterized the remote patient monitoring (RPM) market in recent years. Projections throughout much of the rest of the decade support the possibility that the trend will continue. According to MarketsandMarkets, the size of the global RPM market in terms of revenue was estimated to be worth $71.9 billion in 2023 and is poised to reach $207.5 billion by 2028, growing at a compound annual growth rate of 23.6 percent from 2023 to 2028. RPM allows patients to be monitored for specific health conditions and can prevent complications for those who can’t easily travel, according to telehealth.hhs.gov. Symptoms and conditions that can be tracked... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
