Healthtech Deal Updates

Performant, a payment integrity, eligibility verification, and data analytics software, was bought by Machinify for $667M to broaden Machinify's customer base and deliver more cost-efficient payments.

Paige.AI, a provider of AI-powered digital pathology software for cancer detection, diagnostics, pathology image analysis and biomarker prediction, was acquired by Tempus AI to build out Tempus' dataset and experienced technical team while establishing a footprint in the digital pathology space. 

Arkstone, a provider of AI-powered decision support systems to help physicians choose effective antibiotic treatments, was acquired in July by ARCHIMED to expand Arkstone's global footprint and deepen its R&A capabilities.

Iodine, a provider of AI-based revenue cycle and clinical documentation integrity management software, was pocketed by Waystar for $1.2B.

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.

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.