Healthtech Deal Updates

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.

AI-based practice management software provider RocketDoctor was acquired for $7.7M at 6 times revenue in February by AI-based clinical practice management software company Treatment AI to expand its market footprint and customer base.

Catapult Health, a virtual preventive care services provider, was pocketed by Teladoc Health for $65M at 2.2 times revenue to enhance its preventive care and chronic care management capabilities and to expand its at-home diagnostic testing.

Inka Health, an AI-driven drug development analytics and multimodal data services firm, was acquired for $2.1M by preclinical-stage biotechnology company Onco Innovations to enhance its ability to drive forward AI-powered precision oncology drug development.

AI-based patient communication and engagement software provider Upfront was bought by HealthCatalyst to strengthen its patient engagement capabilities.

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