HOPCo Acquires Remote Patient Monitoring Platform MyACTome
Healthcare Outcomes Performance Company (HOPCo), the largest orthopedic value-based care organization in the United States, continues its digital health platform expansion with the acquisition of MyACTome. As the only validated smartphone-based fall risk and frailty assessment platform, MyACTome leverages motion sensors within a smartphone to assess patient balance, walking dynamics and dynamic stability patterns to quantify patient biomechanical performance, frailty score and fall risk. Using the MyACTome digital solution, patient assessments are quickly performed in the clinic or at home without the need for external sensors or expensive equipment, with results available instantly... Read More »
Resurgens Technology Partners Acquires Valant Medical Solutions
Gemspring Capital, a private equity firm based in Westport, Connecticut, announced on December 4 the sale of Valant Medical Solutions to Resurgens Technology Partners. Aeris Partners served as financial advisor to Valant and McDermott Will & Emery LLP served as legal counsel to Gemspring. The financial terms were not disclosed. Valant Medical Solutions is a provider of SaaS-based electronic health record (EHR) and practice management software for behavioral health providers. It provides a comprehensive and differentiated software platform that enables customers to manage key operational, clinical and financial workflows to drive optimal business and patient outcomes. Valant... Read More »
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 »Schedule a demo
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