23andMe Sells Lemonaid Health 

23andMe Sells Lemonaid Health 

On September 16, Bambu Ventures announced that, alongside Innova Capital Partners, it was purchasing Lemonaid Health. The transaction is being done through a special purpose vehicle (SPV) where the two companies will be acquiring a 100% stake in Lemonaid Health.   The seller, 23andMe Holding Co., initially purchased Lemonaid Health in October 2021 for $400 million.  Founded in 2013, Lemonaid Health is a leading innovator in telemedicine and prescription drug delivery. The Lemonaid Health platform leverages clinical algorithms to augment its experienced medical providers’ knowledge base, enabling patients to quickly, safely and inexpensively get care and prescriptions for a... Read More »
PracticeSuite Buys EHR Company MicroMD

PracticeSuite Buys EHR Company MicroMD

PracticeSuite announced that it has successfully acquired Youngstown, Ohio-based MicroMD. MicroMD delivers a mature electronic health record (EHR) platform with intuitive, customizable features that enhance efficiency, care delivery and patient satisfaction. Since it was founded in 1982, MicroMD has served thousands of physicians across primary care and specialty disciplines. PracticeSuite provides an end-to-end medical office solution that helps physicians operate at the highest level of efficiency and allows patients to interact with the office electronically, including electronic check-in and e-payments. The transaction closed in 2024. As a subsidiary of PracticeSuite, MicroMD continues... Read More »
EqualizeRCM Acquires Pittsburgh-Based Revenue Cycle Solutions

EqualizeRCM Acquires Pittsburgh-Based Revenue Cycle Solutions

EqualizeRCM announce it has acquired the assets of Pittsburgh, Pennsylvania-based Revenue Cycle Solutions, LLC (RCS). Founded in 2001, RCS is a leading revenue cycle management (RCM) services and software company with a focus on small to medium hospitals, primary care physicians and specialty practices. The company partners with healthcare providers nationwide to maximize reimbursement and streamline operations through customized RCM solutions comprised of skilled, cost-effective teams and proprietary RCM software. Headquartered in Austin, Texas, EqualizeRCM is a leading provider of RCM services to physicians, hospitals, ambulatory surgery centers, labs and other healthcare providers and... Read More »
TailorCare Acquires Patient Monitoring Company Stabl

TailorCare Acquires Patient Monitoring Company Stabl

TailorCare has announced the purchase of the advanced computer vision-enabled patient monitoring platform developed by Stabl, a leading healthcare software company. Financial terms of the deal were not disclosed.  Stabl is a leading healthcare software company that has developed an advanced computer vision-enabled patient monitoring platform. Its proprietary technology enables real-time form-tracking to help patients perform exercises safely and effectively from the comfort of their homes without the need for wearable sensors. This technology is especially valuable for patients in between clinical visits or engaging in recovery independently, providing personalized feedback and... Read More »
Phreesia to Buy AccessOne for $160 Million

Phreesia to Buy AccessOne for $160 Million

Phreesia, Inc. announced on September 4 that it is acquiring AccessOne Parent Holdings, Inc. and all of its subsidiaries for aggregate consideration of $160 million in cash. AccessOne is a market leader in providing financing solutions for healthcare receivables, working with some of the largest health systems in the United States. AccessOne currently manages a receivables portfolio of approximately $450 million. Prior to this deal, AccessOne was a portfolio company of North Carolina-based growth equity firm Frontier Growth. Phreesia, formerly a portfolio company of Boston, Massachusetts-based venture capital firm Polaris Partners, offers a digital platform that provides revenue cycle... Read More »
Visibly Acquires Easee 

Visibly Acquires Easee 

Visibly announced on September 2 that it entered into an agreement to acquire Easee.  Easee is an international leader in digital eyecare, specializing in telemonitoring and hybrid care pathways. Its online eye exam platform, now certified under the new MDR, exemplifies its approach, combining medical expertise with technology to offer accessible and accurate eye measurements, including full refraction.  Visibly is a Chicago, Illinois-based healthcare technology company founded in 2012. The company builds digital vision care solutions that enable patient choice and provider capacity.  It provides online vision testing services.  This acquisition solidifies... Read More »