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Capsa Healthcare Scoops Up New York City-Based Humanscale Healthcare
Capsa Healthcare, a leading innovator in healthcare delivery solutions for hospitals, long-term care, and retail pharmacy providers, announced the acquisition of Humanscale Healthcare, a designer and manufacturer of flexible technology solutions and computing workstations based in New York, New York. Financial terms of the transaction were not disclosed. For more than 50 years, Capsa has been a leading developer of mobile storage and technology products that improve user workflow, process efficiency and healthcare outcomes. The company offers a unique ability to meet the demands of diverse healthcare environments and offers a broad range of products including medication carts, medical... Read More »
HybridChart and Kovo HealthTech Form Strategic Partnership
On February 10, HybridChart, the leader in mobile charge capture and workflow solutions for rounding physicians, announced a partnership with Kovo HealthTech Corporation, a leader in healthcare technology and Billing-as-a-Service. Financial terms of the transaction were not disclosed. HybridChart, a leading provider of medical technology, connects healthcare teams, increases efficiency and improves patient outcomes. HybridChart EVOLVE, the fourth version of this software, adapts to unique workflows and enhances profitability. Used by providers from diverse specialties, practices of all sizes across the United States benefit from EVOLVE’s 5 core features: Charge Capture, Census... Read More »
ETAO International Group Goes Public and Merges with Mountain Crest Acquisition Corp III
ETAO International Group, a multinational digital healthcare company founded in 2017, is merging with Mountain Crest Acquisition Corp III, a publicly traded special purpose acquisition corporation. ETAO International Group, a Cayman Islands company, aims to be the world’s leading digital healthcare group providing a range of online and offline healthcare services in China, including telemedicine, hospital care, primary care, pharmacy and health insurance covering all life stages of patients. The transaction values ETAO at a pro forma fully diluted enterprise value of approximately $2.5 billion with existing ETAO shareholders rolling over 100% of their equity into equity of the... Read More »
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 »
