Mergers & Acquisitions
The healthcare cybersecurity company has entered into a definitive agreement to be bought in an all-cash deal. After the merger, it will be taken private as a subsidiary of Clearwater.
This acquisition will allow quip to offer virtual dental care.
The agreement will focus on access to Cigna's PPO provider network and on specialty pharmacy services, with an eye to improving affordability.
The addition of its technology will help secure third-party digital identities – "critical, but often overlooked and vulnerable points of access."
The combined nonprofit health system will encompass 33 hospitals and 385 clinics spread across six states.
Health system officials say the remote patient monitoring acquisition will enable more of its patients to "age independently, comfortably and affordably."
The group took a pro-merger stance, suggesting there are defects in the models used by the FTC to gauge merger appropriateness.
The move is a push by Optum and UHG to advance value-based care and expand into the home healthcare market.
An IT veteran spells out why so many giants have found the healthcare industry harder to crack than they reckoned and describes what Big Tech must do to succeed. He also discusses Oracle's pending acquisition of Cerner.
Responding to what they say is a "critical time" for cybersecurity, the two companies plan to build an "end-to-end security operations suite" by integrating Mandiant Advantage SaaS platform with the Google Cloud security portfolio.