AllOne Health Announces Three EAP Acquisitions
AllOne Health announced the purchase of three employee assistance programs (EAP): Carebridge EAP, Comp EAP and ERC EAP. Headquartered in Exton, Pennsylvania, Carebridge EAP has been a provider of employee assistance and work-life services for more than 30 years, serving organizations nationwide. Based in Marlborough, Massachusetts, Comp EAP specializes in integrated employee assistance and organizational support programs, serving clients across New England and beyond. Located in Green Bay, Wisconsin, ERC EAP has been supporting employers and employees across the Midwest for more than 40 years. The company is known for its commitment to personalized care, organizational consulting and... Read More »
GE HealthCare Inks Deal to Acquire Intelerad for $2.3 billion
On November 20, GE Healthcare revealed plans to buy medical imaging software firm Intelerad in a $2.3 billion all-cash deal aimed at strengthening its foothold in outpatient healthcare markets. The deal gives GE HealthCare, whose equipment are prominent in hospitals, access to Intelerad’s cloud-based medical imaging software and other solutions that are used by outpatient care clinics. Intelerad is a leading medical imaging software and digital enterprise workflow solutions company with a significant presence in outpatient ambulatory care settings. Its cloud-first products are designed for radiology and cardiology and extend across both inpatient and outpatient care settings. GE... Read More »
Chesapeake Urology Associates Acquires Chesapeake Oncology-Hematology Associates
Chesapeake Urology announced on November 19 that it acquired Chesapeake Oncology-Hematology Associates. The financial terms of the acquisition were not disclosed. Chesapeake Oncology-Hematology Associates is a four-location oncology practice with four locations in Maryland. it operates out of Columbia, Annapolis, Stevensville and Glen Burnie. According to its website, there are five physicians and two advanced practice providers on staff. Chesapeake Urology provides a comprehensive array of urology services. It operates 28 medical offices and 18 AAAHC-certified ambulatory surgery centers across Maryland and southern Delaware. Its staff includes 87 physicians. It is an affiliate... Read More »
Abbott to Acquire Exact Sciences for $21 Billion
On November 20, Abbott and Exact Sciences announced a definitive agreement for Abbott to acquire Exact Sciences. The deal will enable Abbott to enter and lead in cancer diagnostics segments, serving millions more people. Under the terms of the agreement, Exact Sciences shareholders will receive $105 per common share, representing a total equity value of approximately $21 billion and an estimated enterprise value of $23 billion. Abbott’s financing contemplates absorption of Exact Sciences’ estimated $1.8 billion of net debt. As a leading provider of cancer screening and diagnostics tests, Exact Sciences helps patients and healthcare providers make timely, informed decisions... Read More »
Kooth Acquires U.S. Telehealth Platform from Kismet Health
On November 19, Kooth announced that it is acquiring U.S.-based pediatric digital health company Kismet Health’s telehealth platform. The platform has been designed with interactive, age-appropriate tools to enhance engagement during teletherapy, primarily for children aged 5-12. Kooth is a leading provider of digital mental health services. The company offers a wide range of therapeutic tools to help children and young people and support their mental wellbeing. Kooth will acquire Kismet’s intellectual property along with four key Kismet team members with significant clinical, product and technical experience who will deliver the telehealth platform as part of Kooth’s... Read More »
Community Hospice of South Alabama Joins ACG Hospice to Grow Resources for Care Delivery
Community Hospice of South Alabama is joining ACG Hospice, part of the Agape Care Group family of providers. The deal will grow care resources and expand clinically excellent hospice care throughout Alabama. Community Hospice of South Alabama is a hospice agency providing community-based home care services to terminally ill patients in Foley, Bay Minette and Mobile, Alabama. As a leader in hospice care, ACG Hospice serves patients across Alabama, Kansas, Louisiana, Mississippi, Missouri, Oklahoma and Virginia. “Community Hospice’s record of strong clinical quality and patient-centered focus allows our teams to reach more patients in need and to increase access to... Read More »
Independent Health Joins MVP Health Care’s Family of Companies
According to a November 18 announcement, Independent Health will join MVP Health Care’s family of companies, subject to regulatory approvals. Independent Health is an independent, not-for-profit health plan headquartered in Buffalo, New York, providing innovative health care products and benefits designed to engage consumers in their health and well-being. The company was established in 1980. Founded in 1983, MVP Health Care is a community-focused, not-for-profit health insurer caring for members in New York and Vermont. Independent Health will join MVP’s family of companies, subject to regulatory approvals. By aligning strengths, MVP and Independent Health will serve nearly... Read More »
Point Quest Group Acquires LinkUp Teletherapy, Boosting Teletherapy Capacity
Point Quest Group announced on November 18 the purchase of LinkUp Teletherapy, a virtual speech therapy provider serving Missouri, California and other key states. LinkUp Teletherapy is built specifically for school-based speech therapy and evaluation service delivery. It offers seamless scheduling, progress monitoring and interactive therapy tools that help clinicians engage students effectively in a virtual environment. Point Quest Group is a leading national provider of specialized educational, behavioral and therapeutic services for students ages 3 to 22. The company partners with more than 360 school districts and charter schools nationwide, and operate non-public Point Quest Schools,... Read More »
