23andMe raises $79M following shift into drug development
23andMe recently hired Genentech veterans Robert Gentleman and Richard Scheller, who led drug discovery there.
Virtual care provider HealthTap marks milestone with Quest Diagnostics deal
Doctors will have the ability to order common lab tests such as diabetes screening, cardiovascular risk assessment, hepatitis C screening.
The Power Behind Enterprise EHR Software for Large Healthcare Systems
Enterprise EHR boosts scalability, interoperability, and governance for large healthcare systems.
Rock Health’s Fitbit IPO analysis highlights retention challenge of wearables
Fitbit’s filing for its initial public offering was met with a lot of excitement and rightfully so. It’s positioned to be one of the largest IPOs for the consumer health category and will increase the ongoing discussion about fitness trackers place in healthcare. But one issue that has dogged Fitbit and other fitness trackers is […]
A health professional scheduling startup grows in UK with $7.2M Series A
A health IT scheduling business designed to help consumers find everything from a podiatrist to a dentist has raised $7.2 million in a Series A round to help its expansion across the UK and into Europe, according to its blog. A TechCrunch article noted Zesty’s growth follows its beginnings in 2013 when it started with […]
These 8 digital health M&A deals stood out in 2014
If you take a look at the 40 mergers and acquisitions in digital health this year, many were by or for startups, according to a StartUp Health report published this month. It shows that these companies are maturing and seek tools and products that will expand their customer base and effectiveness. I’ve selected a few […]
Vitals adds price transparency to doctor reviews with acquisition
Vitals’ acquisition of Compass Healthcare Advisers brings together two criteria that consumers can use to determine whether they want to see one physician over another: what other patients think of them and the price tag for their procedures. The terms of the deal weren’t disclosed. Vitals CEO Mitch Rothschild told MobiHealthNews: “Anytime you decide on […]
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Personal Health Record provider CareSync raises $4.25 million for national expansion
Personal health records get mixed reviews, depending on the perspective. Some consumers see then as an easy way to control their own data, but doctors and hospital IT folks tend to see them as incomplete at best and fictional at worst. CareSync wants to make them more effective by having employees do the time-consuming work […]
Box adds medical image sharing business MedXT to modernize care coordination
Cloud computing storage business, Box, has acquired a medical imaging company focused on teleradiology called MedXT, according to a blog entry on Box’s website penned by CEO and co-founder Aaron Levie. It fits into its strategy of providing cloud support to different industries, particularly healthcare. MedXT co-founders Reshma Khilnani and Cody Ebberson will join Box […]
HealthPrize inks deal to track medication adherence for injectables
HealthPrize Technologies has inked a deal with West Pharmaceuticals that will expand the company’s medication adherence meets gaming technology to injectable drugs that are self-administered, according to a company statement. The injectable devices will use Bluetooth low energy wireless capability to convey to HealthPrize when someone has taken their latest dosage. It’s the first deal […]
Health data aggregator Validic goes bicoastal with Infometers acquisition
Validic’s first acquisition shows that data aggregators are on the rise. Health IT companies that can pull data from medical devices, wearables and mobile health apps to make remote monitoring easier for medical staff are helping hospitals as they rely more on outpatient services to generate revenue. The acquisition of Infometers not only illustrates the […]
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Here are 6 trends that will increase healthcare M&A deals in 2014
A survey of healthcare and life science professionals and investors suggests healthcare M&A activity will surge past 2013 levels when there were 394 deals valued at $97 billion. The report by Bass Berry & Sims and Mergermarket indicates that market disruption, brought on by the Affordable Care Act, will lead to more consolidation deals across […]
Physicians Interactive acquires patient community MedHelp, marking entry to consumer market
Two mobile health companies — one a clinician-facing business and the other a patient-oriented healthcare forum — have taken different approaches to patient engagement in healthcare. Physicians Interactive’s acquisition of MedHelp for an undisclosed amount gives the physician-oriented marketing company a consumer channel, according to a company statement. Merck Global Health Innovations financed the deal. […]
Medtronic and Covidien merger casts light on medical device purchasing trends
Aside from the tax benefits, I was interested in finding out what some of the other driving forces were behind Medtronic’s $42.9 billion deal to acquire Covidien. A phone chat with Charles Whelan, Director of Consulting for Healthcare and Life Sciences for North America at Frost & Sullivan, highlighted some of the underlying trends in […]
In California biotech deal, startup Viking Therapeutics snags 5 programs, $2.5M
A San Diego biotech startup focused on treating metabolic and endocrine disorders has picked up a portfolio of drug candidates and a $2.5 million investment from Ligand Pharmaceuticals (NASDAQ:LGND). Viking Therapeutics said it’s licensed five programs from Ligand, including a Phase 2 program aimed at type 2 diabetes and another at wasting syndrome in cancer. […]
Physician appointment scheduling startup HealthPost snapped up in $25M deal
The Advisory Board Company snagged physician referral and appointment scheduling startup, HealthPost, for around $25 million, executives disclosed in a conference call. It’s an interesting move because it overlooks higher profile scheduling platforms such as Vitals and ZocDoc. The Advisory Board Company’s motivations have a lot to do with the versatility of the cloud-based platform […]