WELL Health Expands Telehealth Portfolio
WELL Health Technologies Corp. (TSX.V: WELL) has been on an acquisition marathon this year. The company has announced six transactions so far, based on search results from our HealthCareMandA.com Deal Database, including a new deal this week for Toronto-based INSIG Corporation. INSIG is a virtual care platform with a SaaS-enabled marketplace currently supporting over 2,800 healthcare practitioners. The platform has performed approximately 200,000 virtual care appointments in the last 90 days and has been used by over 500,000 patients since its inception. WELL Health is a digital health company leveraging the latest technology and trends in digital health. It owns and operates 20 primary... Read More »
CloudMD Announces Back-to-Back Deals
It was another busy week for CloudMD Software & Services Inc. (OTCMKTS: DOCRF). The Canadian digital health company announced two acquisitions, giving the company a total of nine deals in 2020, according to search results in HealthCareMandA.com Deal Database. CloudMD offers SaaS-based health technology solutions to medical clinics across Canada and provides services to a combined ecosystem of 376 clinics, more than 3,000 licensed practitioners, and almost 3 million patient charts across its servers. It was formed in 2013 and was formerly known as Premier Health Group. On October 21, CloudMD announced the acquisition of Canadian Medical Directory, Canada’s largest directory of medical... Read More »
CarePort Health Sold to WellSky
Four years after acquiring CarePort Health, healthcare IT company Allscripts Healthcare Solutions Ltd. (NASDAQ: MDRX) is selling the post-acute patient care business to WellSky Corp. for $1.35 billion. Allscripts announced its acquisition of CarePort on October 20, 2016, for an undisclosed amount, according to search results in HealthCareMandA.com Deal Database. Allscripts, known for its electronic health record (EHR) business, was looking for solutions to help it navigate the shift in healthcare reimbursement and legislation that was pushing healthcare providers and support services to deliver better outcomes for patients. “Managing post-acute care is now a necessary and integral... Read More »
CloudMD Expands Patient Engagement Portfolio
CloudMD Software & Services Inc. (OTCMKTS: DOCRF) just keeps rolling out new deals and acquisitions. The company has been very active this year, with six acquisitions on the books so far across various sectors, according to search results in our Deal Search Online database. Last week, CloudMD acquired Toronto-based iMD Health Global Corp. for $4.58 million, or $3.38 million in CloudMD shares and $1.2 million in cash. CloudMD offers SAAS based health technology solutions to medical clinics across Canada. It was formed in 2013 and was formerly known as Premier Health Group. iMD’s digital patient engagement platform is used by healthcare professionals (including doctors, nurses,... Read More »
WELL Health Moves into the U.S. Market
WELL Health Technologies Corp. (TSX.V: WELL), a Vancouver-based digital health company, has moved into the U.S. healthcare market. The company has made several acquisitions in Canada and has a sizeable market presence there; WELL Health owns and operates 20 primary healthcare medical clinics and is Canada’s third-largest EMR supplier serving over 2,000 medical clinics. However, with its purchase of Circle Medical, a national U.S. telehealth provider, for $14 million, WELL Health now has a foothold in the U.S. market, which is more than 17 times greater than the Canadian healthcare market. The deal and WELL Health’s U.S. expansion is being supported by a $23 million investment led by Hong... Read More »Schedule a demo
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