Inside the 2025 Telehealth M&A Market

Inside the 2025 Telehealth M&A Market

After several years of heightened dealmaking, telehealth M&A has settled into a steadier rhythm in 2025. Investors and acquirers are still active, but the focus has shifted from the rapid expansion of the pandemic years to more targeted, strategic transactions. As of August 29, 2025, 32 telehealth deals have been announced, representing 15% of the 210 eHealth transactions year to date. That marks only a slight increase in volume over the same period in 2024 when 29 deals (18% of 162 eHealth transactions) were recorded. Telehealth M&A activity in 2025 is slower than the peak years of 2021 to 2023. Deal volume was modest before the surge, with 20 deals in 2017, 12 in 2018, and 24 in... Read More »
Morgan Stanley Capital Partners sells Clarity Software Solutions to mPulse

Morgan Stanley Capital Partners sells Clarity Software Solutions to mPulse

Morgan Stanley Capital Partners, a division of Morgan Stanley, announced that it has completed the sale of Clarity Software Solutions to mPulse. The transaction was supported by PSG, mPulse’s current majority investor, along with investments from other existing mPulse shareholders. Clarity Software Solutions provides technology-driven healthcare engagement through multimodal communications. Each year, Clarity produces and delivers more than 150 million member communications for more than 100 health plans nationwide. mPulse, a leader in conversational AI solutions for the healthcare industry, improves health outcomes and business efficiencies by engaging individuals. mPulse combines... Read More »
Morgan Stanley Capital Partners sells Clarity Software Solutions to mPulse

Advent International to Acquire Patient Engagement Company PatientPoint

Advent International announced that it has signed a definitive agreement to acquire PatientPoint, Inc. for an undisclosed price. The transaction is expected to close in the fourth quarter of 2025. PatientPoint provides integrated patient engagement solutions that surround key points of care, helping healthcare professionals improve patient health. The company operates a digital network in 30,000 physician offices, connecting patients, providers and health brands with information. Advent International is a global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. With 16 offices across five continents, the firm has... Read More »
Morgan Stanley Capital Partners sells Clarity Software Solutions to mPulse

Custom Health Acquires PatchRx to Expand Patient Connected Care Platform

Custom Health, Inc. has announced the acquisition of Tulsa, Oklahoma-based PatchRx, Inc. PatchRx is a medication adherence and remote monitoring technology company. PatchRx’s patented PatchCap smart pill bottle cap technology is utilized in clinics and pharmacies across the United States to monitor and enhance patient adherence remotely. Custom Health connects people with community pharmacists to manage drug complexity and maximize health benefits through personalized med delivery, virtual monitoring and proactive care. The company’s automated hubs, proprietary health platform and medication adherence network power a scalable solution to chronic condition management that leads... Read More »
CentralReach Acquires SpectrumAI and AI Measures 

CentralReach Acquires SpectrumAI and AI Measures 

CentralReach, based in Fort Lauderdale, Florida, announced on August 19 that it acquired two companies; SpectrumAI and AI Measures.  SpectrumAI is a predictive analytics and video capture platform for registered behavior technicians. Its main platforms are Twyll, a next-generation electronic health record (EHR) for data collection, and Patterns ABA, a platform that measures network performance analytics, specifically for payors.  Based in Cleveland, Ohio, AI Measures is a multi-modal assessment tool for care plan analysis.  CentralReach provides EHR, electronic medical record and practice management solutions that enable ABA clinicians and educators to produce superior... Read More »
Morgan Stanley Capital Partners sells Clarity Software Solutions to mPulse

Teladoc Health Acquires Telecare 

Teladoc Health reported that it acquired Telecare for an undisclosed price.   Telecare operates Australia’s leading virtual care clinic and provides software solutions to the healthcare sector. It has more than 300 virtual specialists in upwards of 30 specialties. It supports both GP-referred appointments as well as providing virtual care services to public hospitals across Australia, Telecare helps reduce patient wait times and increases access to specialty care.  Teladoc Health manages digital health services such as telehealth, AI and analytics. The organization delivers care in 175 countries and in more than 30 languages, partnering with employers, health systems... Read More »