BehaVR and Fern Health Merge to Form RealizedCare
BehaVR and Fern Health have signed an agreement to merge their businesses and create a new digital care management solution for chronic pain. Fern Health is a virtual chronic pain management program available through employers and health plans. Guided programs deliver exercise therapy, interventions for sleep, nutrition, daily movement and emotional health. Members are supported through pain-focused 1:1 clinical coaching and pain neuroscience education to improve function, reduce pain and avoid unnecessary healthcare costs. Fern Health was previously majority-owned by German life science company Grünenthal, with other minority investors. Founded in 2016 and headquartered in... Read More »
GTCR to Acquire Cloudbreak Health
GTCR has announced that it has signed a definitive agreement to acquire Cloudbreak Health, LLC in a corporate carve-out transaction from UpHealth, Inc. Cloudbreak Health originally combined with UpHealth, Inc., formerly known as GigCapital2, Inc., and UpHealth Holdings, Inc. in November 2020. The combined UpHealth entity had a combined pro forma enterprise value of $1.35 billion and traded on the New York Stock Exchange under the ticker “UPH”. Under the terms of the agreement, the purchase price is $180 million, and the transaction is expected to close in the first quarter of 2024 following the receipt of customary regulatory and stockholder approvals and closing... Read More »
Kenyan Medical Care Chain Penda Health Acquires Femtech Startup Grace Health
Penda Health has made a strategic move to enhance its on-demand telehealth services by acquiring Swedish healthtech startup Grace Health. The acquisition marks a significant development in the African health space, as two prominent healthcare players join forces to expand their reach and impact. Grace Health was founded in 2018. The Grace Health platform has more than 1.3 million registered users in Ghana, Nigeria, Kenya and South Africa. The company’s app, launched in 2020, was designed to address the challenges of low data storage in Africa. It offers personalized messaging, automated chat, health assessments, tracking and education to support women throughout their... Read More »
Surescripts Acquires Cost-Focused Prescription Startup ActiveRADAR
Arlington, Virginia-based Surescripts announced that it has acquired ActiveRADAR, a clinical intelligence company that identifies therapeutic alternatives for prescriptions. ActiveRADAR, formerly known as RxTE Health, is a healthcare analytics company delivering value-based reimbursement products and services for prescription drug benefits. ActiveRADAR’s clinical catalogue covers more than 165 therapeutic categories, including more than 30 specialty drug categories and more than 33,000 drug pairs. Surescripts is an American information technology company that supports e-prescription, the electronic transmission of prescriptions between healthcare organizations and pharmacies,... Read More »
Health Catalyst Acquires Electronic Registry Systems
Salt Lake City, Utah-based Health Catalyst announced that it has acquired Electronic Registry Systems (ERS) in Cincinnati, Ohio. ERS has been providing cancer registry compliance and informatics services since 1989 and is widely recognized for its flagship platform solution, CRStar. Specifically designed for Certified Tumor Registrars, the CRStar platform records and reports vital cancer patient information to oncology registries. Health Catalyst is a data warehousing, analytics and outcomes-improvement company that helps healthcare organizations of all sizes perform the clinical, financial and operational reporting and analysis needed for population health and accountable... Read More »Schedule a demo
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