Insulet Pays $25 Million for Assets of Bigfoot Biomedical’s Insulin Delivery Technologies

Insulet Pays $25 Million for Assets of Bigfoot Biomedical’s Insulin Delivery Technologies

Insulet Corporation paid $25 million for assets related to Bigfoot Biomedical’s pump-based automated insulin delivery technologies. The acquisition includes certain Bigfoot patents related to pumps that may be used for automated insulin delivery therapy. Bigfoot Biomedical is a leader in developing intelligent connected injection support systems. Insulet is a medical device company dedicated to simplifying life for people with diabetes and other conditions through its Omnipod product platform. According to data captured in the LevinPro HC database, this acquisition represents the second remote patient monitoring (RPM) deal of 2023. There were 15 RPM transactions in... Read More »
India’s MediBuddy Acquires vHealth From Aetna

India’s MediBuddy Acquires vHealth From Aetna

MediBuddy has acquired Dehli, India-based vHealth from Aetna Inc. Over the next six months, vHealth will transition to be rebranded as MediBuddy vHealth. Terms of the deal were not disclosed. vHealth is the India-based health business of Aetna Inc., a CVS Health company. vHealth offers subscription-based primary healthcare services such as telehealth consultations, an outpatient network, pharmacy, diagnostics and dental as well as other benefits. Bangalore, India-based MediBuddy is a healthtech platform that was founded in 2013 by Satish Kannan and Enbasekar Dinadayalane. It has a network of 2,500 pharmacies, 3,000 diagnostic centers, 7,000 hospitals and 90,000 doctors in several Indian... Read More »
ImageTrend Announces Strategic Growth Investment From WCAS

ImageTrend Announces Strategic Growth Investment From WCAS

ImageTrend, Inc. announced an equity investment from Welsh, Carson, Anderson & Stowe (WCAS). Robert W. Baird & Co. acted as the financial advisor for ImageTrend. Kirkland & Ellis LLP served as legal counsel and Shea & Co. served as financial advisor to WCAS. Terms of the deal were not disclosed. ImageTrend delivers software solutions, data analytics and services for EMS departments, hospitals, community paramedicine (CP), critical care, fire and preparedness functions to enable fully integrated patient-centric healthcare and public safety. WCAS is a private equity firm focused on two target industries, technology and health care. Since its founding in 1979, the firm has... Read More »
Medline Acquires ShiftKey

Medline Acquires ShiftKey

Northfield, Illinois-based Medline Industries, Inc. has acquired ShiftKey, which is based in Irving, Texas. ShiftKey integrates with a solution in Medline’s tech portfolio, OnShift, an end-to-end workforce engagement platform. This integration provides a view of the schedule, including facility employees, agency workers and those on the ShiftKey platform all in one place. Prior to this transaction, ShiftKey made a strategic investment in OnShift to further complement its workforce technologies. Terms of the deal were not disclosed.  ShiftKey is a scheduling and credential management platform designed to combat the national healthcare staffing shortage by empowering healthcare... Read More »
Medline Acquires ShiftKey

DrFirst Acquires Diagnotes Secure Messaging and Care Coordination Platform

Rockville, Maryland-based DrFirst has acquired certain assets of Diagnotes, an Indianapolis-based provider of a secure messaging and care coordination platform. The acquisition will allow DrFirst’s Backline platform to expand its capabilities and break through communication silos in health care. Terms of the deal were not disclosed. Diagnotes provides collaboration tools built for the healthcare sector. The Diagnotes app increases clinicians’ productivity by allowing healthcare providers to communicate with colleagues in their system and affiliates in other systems. Launched in 2011, the company primarily serves clients in the Midwest and South. DrFirst offers software solutions that... Read More »
India’s MediBuddy Acquires vHealth From Aetna

Tivity Health, Inc. Acquires Burnalong

Tivity Health, Inc. announced on January 31 that it entered into a definite agreement to acquire Burnalong, a health and wellness platform.  Burnalong provides wellness solutions focused on helping people achieve their potential through a digital platform, social support and motivation, proprietary data/analytics and AI. The platform includes access to more than 30,000 live classes, taught by more than 5,000 instructors, across more than 60 fields. Tivity Health Inc., formally known as Healthways, provides access to in-person and virtual physical activity, social and mental enrichment programs, as well as a full suite of physical medicine and integrative health services. The company... Read More »