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Posts Tagged ‘acquisition’

Today, leading ambulatory EHR vendor AllScripts announced that it will merge (it’s really acquire) with one of the larger acute care EHR vendors, Eclipsys creating one of the largest EHR vendors in the market with some 180,000 physicians using their solutions.  This acquisition is being driven not by ARRA and all the taxpayer dollars flowing [...]

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This morning, IBM announced that it will acquire leading healthcare Master Data Management (MDM) vendor, Initiate for an undisclosed sum.  The healthcare IT (HIT) sector is white hot right now so it is likely IBM paid a pretty penny for Initiate, the clear healthcare market leader in Master Patient Index (MPI) technology.  Combining Initiate sales [...]

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Yesterday, MediConnect announced that it had acquired Florida-based PHR vendor, PassportMD. The acquisition is a good move by MediConnect as it will allow them to extend beyond just collecting records on behalf of consumers (it offers such a service on Google Health), but now provide consumers with a solution to present such records in an [...]

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Medem, one of the very early entrants into the Internet-based PHR (iPHR) market is calling it quits for its PHR efforts, selling its iHealth platform to Medfusion.  Really not all that surprising as Medem, which was originally spun-out of the AMA, has dedicated very little R&D dollars towards the iHealth product, a product that is [...]

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PHR Vendor CapMed Acquired

Recently, CapMed, one of the oldest PHR vendors in the market was sold by parent, Bio-Imaging Technologies to Metavante Technologies for $500K. Obviously a firesale. While Bio-Imaging seemed like an odd company to be in the PHR market, really don’t see the synergies at Metavante either.  Apparently not a very big deal to Metavante either [...]

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In mid-September, WebMD announced that it would acquire Marketing Technology Solutions (MTS), owner of the QualityHealth website and two other helth-centric Internet properties for ~$50M.  Now, barely 2 months later, WebMD announced, in a terse press release this morning, that it has backed away from a complete acquisition of MTS and has instead taken a [...]

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WebMD and Healtheon jointly announced earnings for Q3 (ending Sept. 30th) late this afternoon. Sat in on the conference call and pick-up a few tidbits of information to pass along. Comments will focus on WebMD’s operations. Why do an analysis of WebMD? Quite simply, they are arguably the largest market player in online health. This [...]

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Late yesterday, Johnson & Johnson announced that they have acquired HealthMedia, an online health & wellness service.  HealthMedia positions itself as an online health coaching service and sells this service to employers (eBay, J&J, etc.) and payers (BCBS plans, Aetna, etc.). In their press release, J&J state that HealthMedia is the base for their “Wellness [...]

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Back in February of this year, Healtheon and WebMD announced that they would merge.  At the time, our analysis was that the new combined entity would become more attractive for as an acquisition target. Well, that is not longer the case as this morning, Healtheon and WebMD made a joint announcement that the merger has [...]

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Philips Electronics announced on Friday that it will acquire Respironics for $66/share or about $5.13 billion, a 24% premium.   This is the third and largest healthcare-centric acquisition that Philips has made in December.  The first was Emergin, a small company (~100 employees, estimated $18 million in 2007 sales) and provider of medical alarming systems [...]

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