Mergers & Acquisitions
The acquisition of Cambridge Medical and Rehabilitation Centre is said to be one of the biggest healthcare deals in the GCC region to date.
Set to close in Q2, the deal will provide the payer's healthcare services subsidiary with an integrated virtual care offering.
Machine Learning
Volpara is purchasing all outstanding equity of CRA for $18 million and will pay an additional $4 million if certain strategic targets are met within 18 months.
Saykara's founder and team will be augmenting Nuance's R&D division.
This week's top stories include a House bill that would expand virtual care access beyond the end of the COVID-19 pandemic, DarioHealth acquiring Upright, and the AHA asking CMS to withdraw the most favored nation model interim final rule.
Athenahealth SVP and Chief Product Officer Paul Brient predicts telehealth visits will even out, IPOs will continue and venture eyes will remain on digital health in 2021.
Accolade intends to strengthen its ability to provide users with second opinions, using 2nd.MD's provider network.
The company says the move will enable its customers to more efficiently connect patients with lifesaving therapies.
This week's top stories include Optum and Change creating a healthcare powerhouse; Amazon, Berkshire Hathaway and JPMorgan Chase's joint venture calling it quits; and patient engagement tech's role in streamlining the COVID-19 vaccine rollout.
The companies pointed to the potential to reduce administrative waste, inform patient care decisions and improve payment systems across the industry.