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MD Revolution Acquires RPM Provider NavCare
MD Revolution announced on August 1 that it has acquired NavCare based in Augusta, Georgia. NavCare is a remote patient care services company that provides virtual chronic care management (CCM), remote patient monitoring (RPM) and telehealth care management. Founded in 2011, MD Revolution, provides RPM and CCM to more than 1,700 providers and 150,000 patients, collecting and evaluating more than 19 million vital measurements through care delivery. According to Kyle Williams, CEO of MD Revolution, this merger will lead to MD Revolution being able to offer greatly expanded service to clients and patients. NavCare teams will become employees of MD Revolution. Chris MacInnis will become Chief... Read More »
Investor Interest Spikes for Telehealth in 1H:23
Telehealth demand has oscillated over the past several years. There was a peak in usage during 2020 and 2021 during the COVID-19 quarantine, driving dozens of deals in the healthcare M&A market. Deals such as Microsoft Corp.’s purchase of Nuance Communications for $19.7 billion in April 2021 and Teladoc Health’s acquisition of Livongo Health, Inc. for $18.5 billion are some notable examples. Several companies even hit the public market through a special purpose acquisition company (SPAC). Sharecare, Inc. merged with a SPAC in a deal valued at $3.9 billion in November 2021; Him & Hers joined Oaktree Acquisition Corp., sponsored by an affiliate of Oaktree Capital Management, L.P.,... Read More »
Axxess Acquires EMR Provider Complia Health
Axxess announced on July 24 its acquisition of Complia Health for an undisclosed price. Headquartered in Schaumburg, Illinois, Complia Health is a leading provider of electronic medical record (EMR) solutions, technology and services for home care, home health and hospice agencies. Complia’s roster of clients includes some of the largest home health, home care, hospice and palliative care providers among its more than 200 clients with thousands of locations. Axxess is a leading home health technology company, providing a complete suite of innovative, cloud-based software and services, empowering healthcare providers with solutions to make lives better. The company is trusted by more... Read More »
Aya Healthcare Acquires Polaris AI
Aya Healthcare, Inc. announced on July 20 its acquisition of Polaris AI for an undisclosed price. Polaris AI provides a machine learning platform that predicts future patient volume and staffing levels in clinical settings. Polaris AI facilitates accurate predictions of case volumes, enabling healthcare organizations to optimize staffing levels at the time when care is needed most. Aya Healthcare is one of the largest healthcare talent software and staffing companies in the United States. The company delivers every component of healthcare-focused labor services, including travel nursing and allied health, per diem, permanent staff hiring, interim leadership, locum tenens and non-clinical... Read More »
Pyx Health Receives Strategic Investment From TT Capital Partners
Pyx Health announced on July 20 that it received a majority growth investment from private equity firm TT Capital Partners. According to data captured in the LevinPro HC database, this acquisition represents the 155th eHealth transaction of 2023, including 33 in the telehealth specialty. Pyx Health is a scalable, 24/7 technology platform that reduces loneliness and social isolation by connecting with its members outside of the traditional care setting. Pyx Health was founded in 2017 and serves more than 6 million patients in more than 70 markets across nearly 30 states. The company works with nearly all major payers, as well as government, employer and community health plans across the... Read More »Schedule a demo
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