1st Group sells MyHeath1st to HealthShare
ASX-listed 1st Group has sold its human health bookings business to digital health firm HealthShare for A$1.25 million ($830,000).
According to corporate disclosure, 1st Group is divesting its healthcare service search and appointment bookings platform MyHealth1st to plug cash outflows while focusing its capital investments on its other businesses,...
Boston-based virtual reality platform XRHealth and Barcelona-based Amelia Virtual Care, a VR platform for mental health professionals, announced their intention to merge into one company under the XRHealth brand name.
XRHealth's platform allows patients on the autism spectrum and those with stress and anxiety, chronic pain, fibromyalgia and neurological conditions to connect with a provider via...
Healthcare automation company Olive is selling its AI-enabled utilization management tool for payers to health information network Availity.
The deal marks another product divestiture for Olive. Axios first reported last fall the company was selling its population health and 340B management tools to healthcare AI company Rotera.
Those sales came several months after Olive announced it was laying...
Sen. Elizabeth Warren (D-Mass.) is urging the Federal Trade Commission to scrutinize CVS Health's planned acquisition of Medicare-focused primary care provider Oak Street Health.
In a letter to FTC Chair Lina Khan and Commissioners Alvaro Bedoya and Rebecca Slaughter, the progressive senator wrote the deal could lower quality of care and hike costs.
She also pointed to other acquisitions – ...
Last month, two large retail and pharmacy companies made big moves in healthcare delivery: Amazon completed its purchase of One Medical, and CVS Health announced plans to buy Oak Street Health.
The deals aren't unexpected, said Christopher Lis, managing director of global healthcare intelligence at J.D. Power. More than 31 million people are now enrolled in Medicare Advantage plans, key...
Maven Clinic, which offers virtual care geared toward women and families, announced Tuesday it had purchased London-based Naytal to speed its expansion in the U.K. and other European markets. The company did not disclose financial terms of the transaction.
Founded in 2021, Naytal provides online consultations for fertility concerns, pregnancy and postpartum support, and menopause care. The...
Prescription digital therapeutics company Pear Therapeutics is exploring "strategic alternatives," including a possible company sale, merger or acquisition.
In a press release, the company said it hired a financial advisor to look into actions that could "maximize shareholder value." That includes a potential sale, M&A, divestiture of assets, licensing or other strategic transactions. It may...
Canadian health tech company PointClickCare has acquired Patient Pattern, a value-based care electronic health record and integrated care management platform.
Patient Pattern works with Medicare Advantage Special Needs Plans, PACE programs and ACO REACH participants.
The New York-based company offers Care Coach, a workflow management program to help organizations manage fee-for-service and...
WeightWatchers announced plans to buy telehealth platform Weekend Health, also known as Sequence, in a move toward offering prescription weight loss drugs.
The company said the cash and equity transaction is valued at $132 million, but the effective net purchase price is $106 million. The deal is set to close in the second quarter this year.
Along with telehealth consultations, insurance...
Transcarent, a digital platform focused on the self-insured employer market, announced plans to acquire assets from 98point6, including its AI-enabled virtual care platform and care business.
According to reporting by Forbes, the deal is worth up to $100 million. It includes 98point6's business with self-insured employers, health systems and payers, as well as an affiliated medical group.
The...
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