Mergers & Acquisitions

The new organization will operate under parent company Ascension and sweeping leadership and structural changes will accompany the consolidation. 

Marking a "new chapter as a company," Nokia Technologies announced Tuesday that it plans to acquire French connected health device maker Withings for $191 million.

CloudMedx, a big data health analytics company, has acquired Gyrus Labs to extend its CloudMedx Analytics Platform, which is designed to help improve patient care through data insights.

The first quarter of this year saw a 27 percent spike in health IT venture capital and the most M&A activity in a single quarter, according to a report from Mercom Capital Group.

Rather than streamlining operations such as clinical and IT that could create significant savings, many merged organizations continue running acquired hospitals as individual entities, the consultancy found. 

e-MDs, an Austin, Texas-based developer of ambulatory electronic health records and practice management tools, will acquire several technology assets from McKesson Business Performance Services.

Experian Health is the new brand for what were 11 businesses that serve the healthcare field, the company announced at HIMSS16.

UPMC says it will take a majority interest in New York-based medCPU, become a customer of the company and also will co-develop new products to take to market.

McKesson is expanding its footprint in the oncology field with a combined $1.2 billion acquisition of two companies – Vantage Oncology and Biologics.

Medsphere Systems, maker of the OpenVista electronic health record, and MBS/Net have merged, adding physician practice services and proprietary applications to Medsphere’s existing healthcare IT tools and services for acute and inpatient behavioral health settings.