Nordic Capital Becomes Majority Owner of Arcadia
Arcadia and Nordic Capital have announced a strategic partnership where Nordic Capital will become the majority owner of Arcadia. The transaction is expected to close in the second half of 2025, subject to customary regulatory approvals and closing conditions. Arcadia is a population health management technology company supporting healthcare enterprises taking on risk and transitioning to value-based care. Arcadia’s platform integrates data from across the healthcare ecosystem and transforms it into insights that generate improved outcomes and quality, increased revenue and reduced costs for providers, payers and government organizations. With differentiated access to rich datasets,... Read More »
Best Buy Sells Current Health Back to Co-Founder
Best Buy has sold Current Health, a remote patient monitoring (RPM) company it had acquired in October 2021 for $400 million. Current Health co-founder Christopher McGhee is reacquiring the company, according to a June 24, 2025 LinkedIn post. Financial terms of the deal were not disclosed. Founded in 2015, Current Health is a leading care-at-home technology platform based out of Edinburgh. The company’s platform combines RPM, telehealth and patient engagement all into a single solution for healthcare organizations. Best Buy acquired the company in 2021 for $400 million. “I came back to build Current Health into a globally significant company,” McGhee stated in a LinkedIn post. “We have so... Read More »
CoachCare Acquires MD Revolution
CoachCare, a New York-based virtual health company, announced that it purchased MD Revolution. The financial terms were not disclosed. MD Revolution is a software and clinical services platform enabling healthcare organizations to improve patient outcomes and revenue generation, at scale. It provides remote patient monitoring and chronic care management to more than 1,700 providers and 150,000 patients, collecting and evaluating more than 19 million vital measurements through care delivery. CoachCare’s suite of virtual tools includes remote patient monitoring, video conferencing, real-time messaging, screening, content sharing and connected devices. It benefits more than... Read More »
Prompt Health Announces Acquisition of PredictionHealth
Prompt Health announced its acquisition of PredictionHealth for an undisclosed price. PredictionHealth developed Sidekick, an AI scribe and coding assistant used by thousands of clinicians nationwide. Its compliance analytics platform, practice intel, delivers real-time insights into revenue and risk, helping practices document smarter, bill more accurately and stay audit ready. Prompt Health is the AI-powered operations platform built specifically for rehab therapy. With workflows for scheduling, documentation, billing and patient engagement, Prompt helps practices drive better outcomes with less overhead. Headquartered in Hoboken, New Jersey, Prompt Health powers clinics across the... Read More »
Knowtion Health Buys Healthcare RCM Company Switch RCM
Knowtion Health announced the acquisition of Switch RCM on June 23, 2025. The acquisition of Switch RCM enhances Knowtion’s differentiated service model with additional data intelligence, digitization and engineering expertise. Founded in 2017, Switch RCM utilizes data and automation to enhance revenue cycle outcomes, identifying revenue opportunities for its clients. Switch RCM’s headquarters are located in Madison, Wisconsin. Knowtion Health, formerly known as RSource Healthcare, helps the health system revenue cycle resolve denied and complex claims, recover low balance accounts and defend against payer audits. The company serves more than 350 hospitals nationwide and... Read More »Schedule a demo
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