Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40

Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
Alphabet Subsidiary Verily Acquires SignalPath

Alphabet Subsidiary Verily Acquires SignalPath

Alphabet (Google) is making another move into the healthcare space. Verily, its life sciences research platform and subsidiary, has announced an agreement to acquire SignalPath for an undisclosed sum. SignalPath is a privately held company that has developed the SignalPath platform, a clinical trial management system (CTMS) that improves the ease, quality and efficiency of conducting clinical research at study sites. SignalPath’s platform reduces fragmentation by leveraging a modern software architecture with a cloud-based platform to optimize the management of a study site’s clinical trials portfolio. SignalPath’s robust technology infrastructure offers novel approaches... Read More »
Labcorp Expands Presence in Women’s Health

Labcorp Expands Presence in Women’s Health

The global life sciences company Labcorp has announced the acquisition of Ovia Health, a digital health platform focused exclusively on women’s health. No specific financial terms were disclosed. Although Ovia highlights its health application for individual patients that provide daily, personalized family health support and data feedback to guide them through pregnancy, the company also works with employers and health plans. For employers, Ovia offers a platform that integrates within the company’s family benefits ecosystem, offering health plan care management, fertility and family building benefits, onsite and virtual care, patient engagement programs and more. On Ovia’s website,... Read More »
Amwell Buys SilverCloud Health & Conversa Health

Amwell Buys SilverCloud Health & Conversa Health

Last week, Amwell announced it was buying two digital health companies to boost its telehealth platform. The companies are SilverCloud Health, which delivers a range of digital cognitive behavioral health programs that are evidence-based and clinically validated, and Conversa Health, which helps leading healthcare organizations including Northwell Health, UCSF Health, UNC Health, University Hospitals and Prisma Health to remotely manage and engage patients by delivering configurable, automated text-based conversations to support a wide range of clinical needs.  For the two companies, Amwell will pay $320 million in a mix of stock and cash. Aggregated 2021 calendar revenue of Conversa... Read More »
Amwell Buys SilverCloud Health & Conversa Health

Waystar Buys Revenue Cycle Management Firm Patientco

With the support of three financial backers, Waystar has been steadily expanding over the past few years. The company specializes in revenue cycle management services and partners with more than 450,000 providers, 750 health systems and hospitals, and 5,000 payers and health plans. To bolster its services and network, it added eSolutions in 2020 from Francisco Partners, which has 6,000 payer connections in the healthcare and post-acute market and maintains a powerful and growing data set of billions of transactions.  And last week, Waystar added Patientco, a portfolio company of Accel-KKR and The Blue Venture Fund. Patientco provides omnichannel patient payments, communications and... Read More »
Amwell Buys SilverCloud Health & Conversa Health

Verisys Corporation and Aperture Health Merge in PE-Backed Deal

Two digital health companies, Verisys Corporation and Aperture Health, have been acquired and combined by funds managed by Stone Point Capital, a Greenwich, Connecticut-based private equity firm. No terms were disclosed. Verisys provides a comprehensive cloud-based technology platform of data, analytics, and services that supports enterprise-wide compliance in the U.S. healthcare industry. The company’s platform protects healthcare consumers by enforcing competency and regulatory compliance, system integrity, and patient safety through transparency. The company has been around for more than 30 years. Aperture Health helps health plans, health systems, and state Medicaid agencies... Read More »
Datavant Acquires Ciox Health

Datavant Acquires Ciox Health

Private equity-backed Ciox Health has been sold in a $7 billion deal. The buyer was Datavant, a San Francisco-based digital health company that helps healthcare organizations safely link their data to improve medical research and patient care. It is backed by Roivant Sciences, SoftBank Vision Fund and Founders Fund.  Ciox Health manages a platform that leverages clinical data to improve patient outcomes and lower healthcare costs. The company simply and securely connects healthcare decision-makers with the data and hidden insights in patient medical records. It was a portfolio company of New Mountain Capital.  The combined company’s ecosystem of data and analytics will now include... Read More »