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Francisco Partners to Acquire IBM’s Healthcare Data and Analytics Assets
IBM and Francisco Partners, a global investment firm that specializes in partnering with technology businesses, announced that the companies have signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business. The assets being acquired include extensive and diverse data sets and products, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex and imaging software offerings. Francisco Partners is a private equity firm that specializes in investments in technology and technology-enabled service businesses. Since its launch in 1999,... Read More »
Headspace Health Grabs AI-Driven Mental Health and Wellness Company Sayana
On January 12, Headspace Health, the provider of the world’s most accessible, comprehensive digital mental health platform, announced the acquisition of Sayana, an AI-driven mental health and wellness company based in San Francisco, California. The financial terms of the transaction were not disclosed. Founded in 2018 and backed by Y Combinator in 2020, Sayana is an AI-driven mental health and wellness company that has supported users around the world to improve their mental wellness by helping its members become more mindful of the connections between their feelings and events. The Sayana Self-Care app leverages chat-based sessions with an AI persona named Sayana, who encourages users to... Read More »
PointClickCare Partners with Sound Physicians to Deliver Fully Integrated Virtual Health
On January 6, PointClickCare, a leader in cloud-based healthcare software for the long-term and post-acute care (LTPAC) market, announced a partnership with Sound Physicians to offer a fully integrated virtual health solution to LTPAC healthcare providers based in the United States. Founded in 1995, PointClickCare is the leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at any stage of a patient’s healthcare journey. PointClickCare’s single platform spans the care continuum, fostering proactive, holistic decision‐making and improved outcomes for all. Over 21,000 long‐term, acute and post‐acute care providers and over 1,300 hospitals... Read More »
Oracle Strikes a Deal for Cerner
Oracle Corporation, one of the world’s largest technology companies, just announced its largest deal ever for the healthcare software giant Cerner Corporation. The deal is valued at $28.3 billion, or $95 per share, a price per share premium of 19.57% based on Cerner’s closing share price on December 16, 2021, the date before media outlets first reported on the deal. Cerner’s health technologies connect people and information systems at thousands of contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. The company also offers a connected clinical and financial ecosystem to help manage day-to-day revenue functions,... Read More »
Quartet Health Advances Strategic Plan With InnovaTel Telepsychiatry Acquisition
On December 8, Quartet Health and InnovaTel Telepsychiatry, a provider of virtual mental healthcare with differentiated expertise in treating complex conditions, announced their decision to join forces and bring quicker access, improved experience and evidence-based care to all who need mental health care. The InnovaTel acquisition is Quartet’s next step to advance its new strategic direction that was announced last week. Founded in 2014, Quartet Health is a leading tech-enabled mental health company that works with health plans, systems and provider groups to deliver speed to quality mental health care for all. To date, more than 300,000 people across the country — across Medicaid,... Read More »Schedule a demo
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