Mergers & Acquisitions

Cloud-based IT developer athenahealth announced Aug. 29 that it has acquired the care coordination platform Patient IO to expand the company's focus on patient-centered care.

Leidos, which along with Cerner and Accenture, last year won a $9 billion contract to provide the Department of Defense with a new electronic health record at DoD facilities worldwide, has recently positioned itself to gain even more healthcare business.

The first half of 2016 has seen more healthcare organization M&A activity than the same timeframe in 2015 as providers are figuring out how to navigate rapid industry change and emerging payment models, Kaufman Hall said. 

Officials say the deal will help providers moving to value-based pop health models.

Imprivata, the Lexington, Massachusetts-based developer of health IT security tools, has agreed to be acquired by an affiliate of Thoma Bravo, a San Francisco private equity firm. The deal is valued at approximately $544 million.

With an eye toward taking the healthcare supply chain to new levels, UPMC on July 8 launched Pensiamo, a new company whose goal is to help hospitals improve the supply chain, where costs are high and getting higher.

The companies expect the acquisition to close on July 1.

The move, announced June 28, expands Medsphere’s enterprise healthcare IT products and services to include ChartLogic’s ambulatory EHR, practice management and medical billing technology.

McKesson Corp. and analytics company Change Healthcare are joining forces to create a new health IT entity. McKessson will combine its information technology business with Nashville-based Change, formerly known as Emdeon.

The combined company’s worth is pegged at $10 billion.