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Google Acquires Sound Life Sciences
Google has acquired Seattle-based Sound Life Sciences. Terms of the deal were not disclosed. Google focuses on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence and consumer electronics. In 2017, Google acquired Senosis Health, which develops apps to monitor health, including hemoglobin levels and bone strength. Senosis also developed an app to measure breathing by holding a phone at arm’s length and blowing on it. Mountain View, California-based Google and its parent Alphabet have invested in health technology for many years. Alphabet subsidiary Verily Life Sciences uses connected devices for patient... Read More »
New Mountain Capital Acquired ClaimLogiq
Private equity firm New Mountain Capital, LLC has announced an investment in ClaimLogiq. No financial terms were disclosed, but New Mountain Capital is investing alongside ClaimLogiq’s existing investor, Eir Partners. ClaimLogic is a medical claims and processing company that provides integrated revenue cycle management (RCM) solutions and electronic transaction processing systems, as well as tools for healthcare providers of all sizes, including hospitals and physicians. The company is based in Mt. Pleasant, South Carolina. This isn’t New Mountain Capital’s first investment in the digital health market. In 2019, the firm purchased emids, which partners with health technology... Read More »
National Medical Billing Services Acquires RCM Provider MedTek
National Medical Billing Services, a healthcare revenue cycle management (RCM) company serving the surgical market, has acquired Woodland Hills, California-based RCM provider MedTek, LLC. This partnership will further enhance National Medical’s position as the complete end-to-end provider of outsourced revenue cycle solutions serving ASCs, surgical practices and anesthesia groups. Neal, Gerber & Eisenberg and Ropes & Gray LLP served as legal counsel to National Medical. Lincoln International served as the exclusive financial advisor to MedTek for this transaction and Proskauer Rose LLP served as legal counsel to MedTek. Founded in 2001 and headquartered in Woodland Hills,... Read More »
Cegedim Acquires Clinityx
Cegedim acquired Clinityx in a deal involving companies based in France. Terms of the transaction were not disclosed. Founded in 1969, Cegedim is a technology and services company in the field of digital data flow management for healthcare ecosystems and B2B, and a business software publisher for healthcare and insurance professionals. Cegedim employs more than 5,600 people in more than 10 countries and generated revenue of €525 million ($518.34 million USD) in 2021. Founded in 2018, Clinityx partners with academic establishments to build data warehouses. Clinityx also provides consulting services and manages all aspects of real-world studies from protocol design to final report. According... Read More »
Verseon International Corporation Acquires Edammo
Fremont, California-based Verseon International Corporation has acquired Iowa City, Iowa-based Edammo, Inc. Terms of the deal were not disclosed. Verseon International Corporation is a clinical-stage pharmaceutical company. It is developing several drug discovery programs in cardiometabolic diseases and cancer featuring drug candidates that represent novel chemical matter designed using molecular physics and artificial intelligence. Verseon’s pipeline includes seven drug programs in the areas of anticoagulation, diabetic retinopathy, hereditary angioedema, oncology and metabolic disorders. Edammo provides businesses and individuals with real-time predictive analytics. Edammo... Read More »Schedule a demo
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