AdvancedMD acquired by Francisco Partners
Healthcare practice management software provider AdvancedMD was purchased for $1B by PE firm Francisco Partners.
R1 was acquired by TowerBrook and Clayton Dubilier & Rice
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.
Edwards Lifesciences was acquired by BD
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 was acquired by CardinalHealth
Specialty Networks, a group purchasing contract and practice enhancement software, was acquired by CardinalHealth for $1.2B.