Digital Health Roars out of the Gate
The eHealth sector had a record 2019, with 222 deals now on the books, a roughly 9% increase over 2018’s volume, and $18.3 billion in spending. That momentum has carried over to the first month of 2020, with 19 eHealth deals in January and $1.8 billion in announced spending, according to our Deal Search Online database. January was capped off by Clarivate Analytics plc’s (NYSE: CCC) acquisition of Decision Resources Group (DRG) from Piramal Enterprises Limited (NSE: PEL) The purchase cost Clarivate Analytics $900 million in cash and $50 million in shares. DRG provides analytics and insights, driven by artificial intelligence (AI), to the pharmaceutical, biotechnology and life sciences... Read More »InTouch and Teladoc Merger Leads Busy Month for eHealth Deals
The eHealth sector hit the ground running in 2020. In the first two and a half weeks 15 eHealth transactions have been announced, and we expect it to easily eclipse January 2019’s deal volume of 16. It’s already matched last month’s total count of 15. The headline deal belongs to Teladoc Health, Inc.’s (NYSE: TDOC) acquisition of InTouch Health for $600 million, split into $150 million in cash and $450 million of Teladoc common stock. InTouch Health offers telehealth, cloud-based network, and virtual care solutions services for a broad array of healthcare environments. The company supports more than 3,600 care locations around the world, including many of the top 20... Read More »
2019’s Biggest Healthcare Deals, by Sector
2020 has just begun, which means it’s time to look back at the healthcare M&A landscape of 2019. Just three days into the new year, nearly 1,780 deals are already on the books for 2019. More deals will turn up as we search our many sources, but the number likely won’t top the record of 1,900-plus set in 2018. Thanks to the multi-billion-dollar deals announced in the Biotech and Pharmaceutical sectors, 2019 will set a new spending record. Preliminary data show $399.1 billion was spent on healthcare acquisitions last year, about 20% higher than in 2018. We expect that number to rise as we go through the year and the 10Ks and quarterly reports come out. It’s possible the... Read More »eHealth Deals Soar in 2019
It almost goes without saying that technology has permeated every aspect of healthcare, but dealmaking in 2019 underscores that point even further. Based on preliminary numbers, eHealth deals hit a record 212 this year, a slight uptick from 2018’s deal count of 204, according to our Deal Search Online database. Source: HealthcareMandA.com, December 2019 The graph above breaks out the number of deals by target type. Companies focused on providing management software solutions to support back-office operations led the sector this year, with 46 deals. These are usually small firms offering software-as-a-service (SaaS) platforms that could be implemented to aid any type of healthcare... Read More »
Telehealth Deals Pick Up in 2019
Digital health is hot, if deal volume is any measure (and we think it is). By mid-November, some 195 transactions are already on the books. That total is sure to surpass the 204 deals announced in all of 2018, which set a new record. In our DealSearchOnline database, the eHealth sector has grown in scope from simply electronic health records and revenue cycle management deals to include artificial intelligence and blockchain transactions in recent years. Telehealth has been around for some time, with the earliest deal in our database recorded in 2001. But the technology didn’t really take off, deal-wise, until 2016, when the number of deals rose to six. That doesn’t sound like... Read More »Schedule a demo
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