Slideshow Top 15 Healthcare IT M&As

Published
  • February 25 2016, 11:28am EST
16 Images Total

Top 15 Healthcare IT M&As

A ranking of 2015’s largest HIT mergers and acquisitions, according to Mercom Capital Group, which put together a list of deals where the value of the transaction was publicly disclosed.

Merge Healthcare

Merge Healthcare: $1 billion. IBM Corp. acquired Merge Healthcare, a major vendor of medical imaging management systems, in the third quarter of 2015.

Content Continues Below


Altegra Health

Altegra Health: $910 million. Emdeon, a provider of revenue cycle management services that include a giant claims clearinghouse, as well as clinical data exchange solutions, in Q3 acquired Altegra Health, which sells payment management software that enables health plans and providers to generate, analyze and submit the data needed to manage member care and ensure appropriate reimbursement.

Virtual Radiologic Corp

Virtual Radiologic Corp.: $500 million. MEDNAX, a national medical group that provides neonatal, maternal-fetal and pediatric physician subspecialty services as well as anesthesia services, in Q2 bought Virtual Radiologic Corporation (vRad), a provider of teleradiology and telemedicine services.

MyFitnessPal

MyFitnessPal: $475 million. Under Armour, a sports clothing, footwear and accessories company, in the first quarter of 2015 acquired MyFitnessPal, developer of a nutrition and fitness platform that enables users to track their health goals and provides nutritional information.

Content Continues Below


CECity

CECity: $400 million. Premier, a stakeholder collaborative and services company, in Q3 acquired CECity, which operates a cloud-based analytics platform supporting performance management, pay-for-value reporting and professional education.

StuderGroup

StuderGroup: $325 million. Huron Consulting, providing advisory services and strategic organizational software, acquired complimentary consultancy Studer Group for $325 million in Q1.

naviHealth

naviHealth: (for 71%), $290 million. Cardinal Health, a healthcare services company, acquired 71 percent of naviHealth, a vendor of post-acute care coordination and management of bundled payment programs, in the third quarter.

Content Continues Below


CliniSys Group

CliniSys Group: $261 million. Roper Technologies, a diversified vendor of products and solutions for various markets, including healthcare, agreed in Q4 2015 to acquire CliniSys, a provider of laboratory information management systems.

MISFIT

Misfit: $260 million. Fossil Group, a global design, marketing and distribution company that specializes in consumer lifestyle and fashion accessories, entered into a definitive agreement to acquire Misfit, a developer of wearable sensor products and services for wellness and medical applications. The deal was announced in Q4.

Healthland

Healthland: $250 million. Computer Programs and Systems (CPSI), a provider of healthcare information systems to rural and community hospitals, in Q4 entered an agreement to buy rival Healthland Holding and its affiliates, American HealthTech (post-acute EHR) and Rycan Technologies (revenue cycle).

Content Continues Below


Runtastic

Runtastic: $240 million. Adidas, which makes sports shoes, clothing and accessories, bought Runtastic, developer of a fitness app, in a transaction that was signed and closed in the third quarter of the year.

Equian

Equian: $225 million. New Mountain Capital, an investment firm, in the fourth quarter acquired Equian, a medical billing service, from private equity firm Great Point Partners.

HealthFusion

HealthFusion: $190 million. Quality Systems, a vendor of practice management and electronic health records, announced in Q4 that it would buy HealthFusion, a developer of cloud-based EHRs for physician practices. The deal was for $165 million with consideration of $25 million more if HealthFusion meets certain performance metrics.

Content Continues Below


Avalere Health

Avalere Health: $140 million. Inovalon, a provider of cloud-based analytics and data-driven intervention platforms to the healthcare industry, acquired Avalere Health, a provider of data-driven advisory services and business intelligence solutions to the pharmaceutical and life sciences industry, in Q3.

Acclaris

Acclaris: $140 million. Towers Watson, a global professional services company, acquired Acclaris, a provider of SaaS-based technology and services for consumer-driven healthcare and reimbursement accounts, in Q2.