Mergers & Acquisitions
The deal with Alternative Reproductive Resources is Kindbody's third so far this year.
The companies are shaping their future plans for cybersecurity risk management, patient safety data and other health IT use cases.
The merger agreement with the IT-driven primary care company aims to make healthcare more "accessible, affordable and even enjoyable" with in-person and virtual care services.
Francisco Partners has completed its purchase of Watson Health's data analytics tools and is spinning them off into an Ann Arbor, Michigan-based business.
The transaction, meant to bolster Evolent's value-based specialty care offerings, could eventually be worth an extra $87 million, depending on future performance milestones.
Shahab Vagefi, managing director at investment firm Thomas H. Lee Partners, specializes in healthcare information technology. He paints the landscape, talks how he "picks his spots" and reveals what's top of his mind on the sliding market.
Oracle Industries EVP Mike Sicilia says the newly combined companies will be focused on interoperability, innovation and user-centered design, transforming EHRs from "systems of record into systems of intelligence."
This marks the company's second deal this year. It announced plans to acquire a network of fertility clinics in February.
With the deal, terms of which were not disclosed, Lightbeam aims to expand its proactive and preventive analytics tools with Jvion's prescriptive models and health equity expertise.
"We expect Cerner to be a huge growth engine for years to come," said Oracle CEO Safra Catz of the $28.3 billion deal.