Health Catalyst Adds Quarvis Health to Investment Portfolio

Health Catalyst Adds Quarvis Health to Investment Portfolio

Health Catalyst announced at the start of July 2024 that it has added Quarvis Health, Inc. to its portfolio of digital health investments. Quarvis Health is a healthcare technology platform that virtually connects both the aging population and employees/health plan members to their health needs through AI-enabled text-based chat and voice-enabled devices. Quarvis offers a comprehensive solution to engage and navigate users to existing, underutilized benefits, reducing distress and improving behavioral health access and overall well-being. Quarvis Health was formed by the merger of HCC portfolio company Sibly, Inc. with Health4Home, LLC, d/b/a HandsFree Health, also announced in July 2024.... Read More »
Google Set to Acquire Home Healthcare App CareClic247

Google Set to Acquire Home Healthcare App CareClic247

Google announced on July 2 that it is set to acquire CareClic247, a prominent home healthcare app. The addition of CareClic247 amplifies Google’s healthcare portfolio and complements Google’s existing healthcare technologies.  CareClic247 has developed an app that connects medical and non-medical, in-home caregivers for physically and mentally impaired seniors. The app can send a doctor, nurse or a caregiver to a patient’s home 24/7 on demand.  Google focuses on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics and artificial intelligence. Google’s parent company is Alphabet Inc.... Read More »
Arcadia Acquires Healthcare Analytics Company CareJourney

Arcadia Acquires Healthcare Analytics Company CareJourney

Arcadia announced on June 27 that it has acquired CareJourney. The transaction strengthens Arcadia’s position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health and Beth Israel Lahey Health. CareJourney is an Arlington, Virginia-based provider of cost and quality data that covers more than 300 episodes of care across more than 50 specialties and subspecialties. CareJourney derives market-leading analytics from Medicare, Medicaid, Medicare Advantage and Commercial claims data across more than 300 million beneficiaries and more than 2 million providers nationwide. Payers, providers and employers can use these actionable... Read More »
Health Catalyst Adds Quarvis Health to Investment Portfolio

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 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

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 »