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Posts Tagged ‘acquisition’

Last week, NaviNet announced its acquisition of Prematics, a company founded a few short years ago targeting the market for mHealth provider solutions. While there are significant synergies and overlap between the two companies’ product offerings, NaviNet’s main driver with this acquisition was to extend itself beyond the desktop and into to the exam room [...]

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Just as we are trying to put the final touches to the forthcoming HIE Market Report, another major HIE vendor gets acquired and again it is a very big fish swallowing a small and very pricey little fish. Geez, they are making our life difficult here at Chilmark. This morning, Aetna announced that it will [...]

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On Monday, Covisint announced that it had acquired DocSite. Yesterday, we were finally able to catch-up with Covisint VP Brett Furst to get some background on the acquisition.  Following is what we learned and our assessment. Some Background: Covisint was orignally founded by the Big Three auto makers to assist them with their supplier relations [...]

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Last week, Ingenix announced that it would be acquiring Axolotl.  Probably no one was happier than the folks at Gilat Satellite Networks who had invested $4.5M in Axolotl over ten years ago, had written off that investment during the dot-com bust in 2001 and now is looking at getting some $24M in cash plus another [...]

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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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