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MiCare Path Announces Acquisition of SmarTrac
MiCare Path is expanding across markets in need of musculoskeletal solutions by acquiring SmarTrac, the only “smart” patient compliance sensor on the market today, from OnTracMD. SmarTrac enables physicians, therapists, nurse case managers and adjustors to monitor critical elements of a home exercise program including compliance, therapy progress and outcome data. SmarTrac is FDA registered. MiCare Path has developed a reimbursable integrated mobile health platform designed to promote clinical efficiencies for patient experience. The company’s platform builds a connection with patients, guides on wellness, tracks patients’ clinical scores, activity levels and weight... Read More »
Australian Pharmaceutical Industries Acquires InstantScripts
Australian Pharmaceutical Industries (API), a wholly-owned subsidiary of Wesfarmers Limited since March 2022, is buying local telehealth business InstantScripts for A$135 million ($91 million). InstantScripts will become part of the Wesfarmers Health division, which has increased its focus on digital health since it formed in March 2022. Founded in 2018, InstantScripts is an online health clinic offering a range of digital services, including telehealth consultations, online prescriptions, medical certificates, blood test requests, health management plans and specialist referrals. The company also operates InstantCosmetics, which provides prescribing services and offers injectable products... Read More »
Thirty Madison Acquires Assets of The Pill Club
New York-based Thirty Madison, Inc. announced on June 14 that it purchased assets of The Pill Club for $32.3 million. This transaction follows The Pill Club’s Chapter 11 bankruptcy filing in April 2023 after the company faced Medicaid charges in California. The Pill Club is an online birth control and women’s health company that helps women access birth control and reproductive education. It was founded in 2016 in San Mateo, California. Thirty Madison is a premier healthcare company for people living with chronic conditions. In June 2021, it raised more than $210 million in Series C round funding led by investor HealthQuest Capital. Investors also included Mousse Partners,... Read More »
Kovo HealthTech Acquires Kairos Billing Solutions
Kovo HealthTech Corporation announced on June 8 that it entered into a binding agreement to acquire Kairos Billing Solutions LLC, a Utah-based digital medical billing provider that specializes in mental health billing solutions. Kovo agreed to pay a cash consideration of $150,000 for the acquisition. Kovo is a growing healthcare technology company that specializes in Billing-as-a-Service offering SaaS-style recurring revenue contracts and software for US healthcare clinics, hospitals and private practices. Kovo helps healthcare providers digitally track and manage complex patient care registration, services, billing and payments in a seamless way, using its proprietary OneRev technology... Read More »
PSG Acquires Loopback Analytics
PSG, a growth equity firm, announced on June 8 that it acquired Loopback Analytics. According to data captured from the LevinPro HC database, this transaction marks the 128th eHealth acquisition of 2023, and the 21st in the analytics specialty. Founded in 2009, Loopback Analytics is a leading provider of data analytics and insights that simplify understanding, access and innovation for patients requiring specialty care. According to its website, Loopback serves more than 40 health system clients, more than 250 hospitals and millions of patients nationwide. PSG partners with middle-market software and technology-enabled service companies to help them navigate transformational growth,... Read More »Schedule a demo
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