Healthtech Deal Updates

Sensor-based spirometer devices and AI-enabled remote patient monitoring software provider Aluna was bought by Huma to strengthen its offerings for respiratory disease management.

Genoox, an AI-driven genomic data interpretation software firm, was acquired for $70M by preclinical-stage biotechnology company QIAGEN to add next-generation sequencing (NGS) data analysis capabilities to support clinical decision-making. 

UpLift, a virtual mental healthcare therapy services provider,was pocketed by Teladoc Health for $30M at 2 times revenue to build out its mental health business and provide better access to the benefits coverage.

AI-powered cancer detection software provider iCAD was acquired for $99M at 4.1 times revenue in April by diagnostic imaging services and digital health solutions company RadNet to enhance its DeepHealth solutions portfolio and facilitate early cancer detection.

HealthEdge, a healthcare administration and workflow management software provider, was acquired by Bain Capital for $2.6 billion.

AI-based EMR and practice management software provider CentralReach was purchased by Roper Technologies for $1.65B.

Medical data and advisory services provider​​​ CareAllies was acquired by HCSC for $3.3B in March, making it the largest deal so far this year.

Nexus, a German medical information systems and IT services firm, was bought by TA Associates for $1.3B in January.