digital health mergers and acquisitions
The deal includes an additional $5 million that could be paid to Catapult based on its performance after the sale.
When considering a merger or acquisition, potential buyers should ask for the seller’s security policies and procedures, a risk analysis, and whether they have had recent security incidents, says Adam Greene, partner at Davis Wright Tremaine.
The publicly traded company, which announced it was seeking strategic alternatives for its business last month, will go private thanks to the merger.
CB Insights' State of Digital Health 2021 Report also found 574 M&A deals, up 44% from 2020.
Headspace Health is combining Ginger and Headspace for Work into a single offering for employers.
Valo’s flagship product is its Opal Computational Platform, designed to create a new model for drug discovery.
PWNHealth will rebrand as Everly Health Solutions and will operate as an independent arm of Everly Health.
The companies expect the deal to close in the second quarter of 2021, subject to customary closing conditions.
Together, the two companies will provide healthcare teams across the continuum of care with access to real-time patient data at any stage of a patient’s healthcare journey.
The company hopes to reach new and existing customers with the addition of LifeDojo’s digital tools that can lead to better health outcomes and lower associated costs.