Megadeals
Specialty Networks/CardinalHealth
Seller: Specialty Networks
Buyer: CardinalHealth
Announced: January 2024
Deal Value: $1.2B
Specialty Networks, a group purchasing contract and practice enhancement software, was acquired by CardinalHealth for $1.2B.
Patient Engagement
Twill/DarioHealth
Seller: Twill
Buyer: DarioHealth
Announced: February 2024
Deal Value: $35.5M
EV/S Multiple: 3.5x
Twill, a mental health app, was bought by chronic decease management software provider, DarioHealth for $35.5M at 3.5 times revenue to build out the mental health capabilities.
BookWise/VitalHub
Seller: BookWise
Buyer: VitalHub
Announced: February 2024
Deal Value: $4M
EV/S Multiple: 2.6x
BookWise, a healthcare scheduling software provider, was purchased for $4M at 2.6 times revenue by VitalHub to widen its offerings.
Intrahealth/Healwell AI
Seller: Intrahealth
Buyer: Healwell AI
Announced: January 2024
Deal Value: $17.5M
EMR management software, Intrahealth was acquired for $17.5M in January by AI-based preventive care and decision support management software provider, Healwell AI to provide the next generation AI-powered EMR system.
Bright.md/98point6
Seller: Bright.md
Buyer: 98point6
Announced: January 2024
AI-powered asynchronous telehealth management assets of Bright.md were acquired by 98point6 to strengthen its product portfolio and to enable healthcare providers with both live and asynchronous care capabilities.