AI-enabled healthcare document management software provider, Augmedix was acquired for $139M at 2.9 times revenue by health data company, Commure to scale its documentation products to more providers and health systems.
Dutch retinal image analysis AI specialist, Thirona Retina was bought for $5.3M by iCare, a Finnish supplier of ophthalmological devices and software, to deliver a comprehensive AI-based eye health solution.
Navient's AI-based healthcare revenue cycle management business, Xtend Healthcare was acquired for $365M by health technology company, CorroHealth to offer a fully rounded suite of solutions to its extended customer base.
Revenue cycle management BPO services provider, Gebbs Healthcare Solutions was bought by PE firm EQT for $840M at 4.2 times revenue to strengthen its RCM solutions with AI-driven technology and to expand its US footprint.
A provider of AI-and RPA-based RCM services & appointment scheduling software, R1 RCM, was taken private by TowerBrook and Clayton Dubilier & Rice for $8.9B, making it the largest HealthTech megadeal so far during this period.
Critical Product Line of Edwards Lifesciences, which provides patient monitoring platform with advanced AI algorithms, was acquired by BD for $4.2B, making it the largest HealthTech megadeal so far this year.
Specialty Networks, a group purchasing contract and practice enhancement software, was acquired by CardinalHealth for $1.2B.