Mergers and acquisitions
Babylon became a strategic investor in Higi, the maker of health-checking kiosks found in groceries and pharmacies, in May 2020.
Midas will bring a data set of 100 million claims.
Earlier this week Oracle announced the acquisition of EHR company Cerner for $28.3 billion.
2022 Look Ahead
Digital health leaders and execs discuss whether funding will continue at the same rapid pace next year.
The acquisition agreements come about a week after the digital pharmacy finalized its purchase of another specialty pharmacy, Infusicare Canada, Inc.
Digital health companies raised a lot of money this year. Executives and company leaders weigh in on the big funding numbers and the effects on the industry.
Insignia Health developed the Patient Activation Measure.
The deal will cost the Canadian digital pharmacy C$1.85 million.
This news comes just days after Quartet announced a $60 million funding round.
The prescription digital therapeutics company said the transaction generated approximately $175 million.