digital health M&A
This morning, the employee wellness and health engagement platforms Virgin Pulse and RedBrick Health announced that they are merging under the Virgin Pulse name.
EHR vendor Allscripts has made an agreement to purchase patient communication app maker HealthGrid for $60 million in cash, with an additional $50 million in earnout payments based on HealthGrid achieving certain revenue targets over the next three years, according to a recently registered SEC filing.
Digital health funding is on the rise -- for example, MobiHealthNews tracked $689 million in deals this quarter, spread across 49 deals, compared to $392 million in Q3 of last year.
I'm excited to share that HIMSS Media has acquired MobiHealthNews.
Qualcomm Life, the mobile technology company's subsidiary focused on medical device connectivity, has acquired Capsule Technologie, a France-based clinical data management company that currently serves 1,930 hospital clients in 38 countries, for an undisclosed amount.
In one more take on the first half of 2015 funding, Health 2.
Funding by category, from Rock Health's report
Seed investor Rock Health and digital health academy StartUp Health, two companies that track funding and other data points about digital health, are both reporting 2014 as a record-breaking funding year for digital health in multiple categories.
PatientKeeper's charge capture application.