VitaCare was acquired by GoodRx

Seller: VitaCare

Buyer: GoodRx

Announced: March 2022

Deal Value: $150M

GoodRx VitaCare

Healthcare prescription management SaaS,  VitaCare was acquired by GoodRx for $150M, to strengthen its pharma manufacturer solutions.

 

Informa Pharma Intelligence was acquired by Warburg Pincus

Seller: Informa Pharma

Buyer: Warburg Pincus

Announced: February 2022

Deal Value: $2.3B

Warburg Pincus Informa Pharma

Informa’s clinical trial intelligence SaaS, Pharma Intelligence was purchased by Warburg Pincus, for $2.3B

 

Cerner acquired by Oracle

Seller: Cerner

Buyer: Oracle

Announced: December 2021

Deal Value: $28.3B

EV/S Multiple: 5.2x

Oracle Cerner

Cerner, a provider of healthcare practice management software, was bought for $28.3B at 5.2x revenue by Oracle.

 

ProVation was acquired by Fortive

Seller: ProVation Medical

Buyer: Fortive

Announced: December 2021

Deal Value: $1.4B

EV/S Multiple: 13x

Fortive ProVation Medical

Clinical workflow software solutions provider, ProVation Medical was bought by Fortive for $1.4Bat an estimated 13 times revenue, extending its Advanced Healthcare Solution offerings and customer reach. 

 

athenahealth acquired by Hellman&Friedman/Bain Capital

Seller: athenahealth

Buyer: Hellman&Friedman and Bain Capital

Announced: November 2021

Deal Value: $17B

Hellman&Friedman and Bain Capital athenahealth

athenahealth, an EHR and practice management SaaS, was acquired for $17B by Private Equity firms, Hellman&Friedman and Bain Capital.

 

PatientPop merged with Kareo

Seller: PatientPop

Buyer: Kareo

Announced: November 2021

Kareo PatientPop

Healthcare practice growth management SaaS, PatientPop agreed to merge with Kareo, provider of web-based EMR & medical billing software, to create Tebra, which intends to provide an all-in-one digital solution for healthcare providers, serving more than 85M patients. 

 

DrChrono was acquired by EverCommerce

Seller: DrChrono

Buyer: EverCommerce

Announced: November 2021

Deal Value: $182.5M

EverCommerce DrChrono

Open-source practice EHR management and billing SaaS, DrChrono was purchased for $182.5M by EverCommerce, adding mobile capabilities to its EverHealth suite.

 

HillRom acquired by Baxter

Seller: HillRom

Buyer: Baxter

Announced: September 2021

Deal Value: $10.5B

Baxter HillRom

HillRom acquired by medical supply firm Baxter

 

inovalon was acquired by Nordic Capital [Insight Partners]

Seller: inovalon

Buyer: Nordic Capital [Insight Partners]

Announced: August 2021

Deal Value: $6.4B

EV/S Multiple: 10.2x

Insight Partners inovalon

US-based healthcare analytics firm inovalon was taken private for $6.4B at 10.2 times revenue by a PE consortium, led by Insight Partners and Nordic Capital

 

Avelead was acquired by Streamline Health

Seller: Avelead

Buyer: Streamline Health

Announced: August 2021

Streamline Health Avelead

Streamline Health acquired revenue cycle solutions firm Avelead to improve revenue integrity for healthcare providers.