Skip to main content

Healthcare IT

Technology has become ubiquitous throughout the continuum of healthcare.  The advancements include quantum leaps not only in the use of the information but also advanced mechanisms for the collection of information.

Driven by technologists, healthcare providers, clinicians and increasing consumer awareness the total Global Healthcare IT Market is estimated to reach USD 1,075.06 Billion by 2028.  The Market stood at a revenue of USD 323.83 Billion in the year 2021, and is expected to exhibit a Compound Annual Growth Rate (CAGR) of 18.7%.

Healthcare IT offers numerous advantages and opportunities such as improving clinical outcomes, reducing human errors, improving practice efficiencies, facilitating care coordination, and tracking data over time. These advantages are in turn expected to drive the growth of the healthcare IT market.

The global healthcare IT market is largely driven by factors such as an increase in demand for telehealth and mHealth solutions from a large number of smartphone users, adoption of cloud technology-related HCIT services, implementation of various healthcare reforms such as the Patient Protection and Affordable Care Act (PPACA), and a rapid increase in the number of elderly people.

In the last few years, the volume of electronic data produced in the healthcare industry has expanded to terabytes and petabytes, primarily due to the digitization of administrative, clinical, and financial information. With the volume growing almost twofold every year, it is expected to reach exabytes and even zettabytes in the coming years. In addition to the growing volume, the sheer diversity of data in healthcare presents a major challenge for healthcare providers. The vast amount of data makes healthcare analytics  more complex when compared to other industries.  To address these challenges in the healthcare industry, service providers are increasingly advancing healthcare analytics and data management solutions.

M&A Transaction Activity

Below are M&A transaction activities which has been compiled from our work with businesses within this sector and our independent research in publicly available information.  For additional information, please contact us here.

Merger and Acquisition Transactions

Agiliti Announces Closing of Acquisition by THL Thomas H. Lee Partners, L.P.

MINNEAPOLIS & BOSTON–(BUSINESS WIRE)– Agiliti Inc. (NYSE: AGTI) (“Agiliti”), a nationwide provider of medical technology management and service solutions to the healthcare industry, today announced the closing of its acquisition…
Agiliti Announces Closing of Acquisition by THL Thomas H. Lee Partners, L.P.

Alivia Analytics Acquires SourcEdge

BOSTON and PHILADELPHIA (February 27, 2024) – Alivia, a leading AI-based healthcare payment integrity platform for fraud, waste, and abuse (FWA) has acquired SourcEdge, a national provider of claims systems…
Alivia Analytics Acquires SourcEdge

Paragon Insight: Prepare & Execute For M&A Success

A Common Theme for Our Times:  Increasing Importance of M&A Preparation The M&A markets for exit, merger or recapitalization can be very challenging. The widely known but unspoken reality is that…
Paragon Insight: Prepare & Execute For M&A Success

Sector Update: MedTech and Apple

As Spock (who in Star Trek lived to be 161 years old) famously spoke: “Live long and prosper” and (relating to healthcare) serving “the needs of the many”.  Medtech continues…
Sector Update: MedTech and Apple

Centivo Acquires Eden Health to Serve Escalating Demand for Affordable, High-Quality Primary Care

BUFFALO, N.Y.–(BUSINESS WIRE)–Centivo, a pioneering healthcare company built to make quality healthcare more affordable for employers and their employees, announced the acquisition of Eden Health, an employer-centered virtual-first medical provider,…
Centivo Acquires Eden Health to Serve Escalating Demand for Affordable, High-Quality Primary Care

Cardinal Health to acquire Specialty Networks and PPS Analytics platform

DUBLIN, Ohio, Jan. 31, 2024 /PRNewswire/ — Cardinal Health (NYSE: CAH) announced that it has entered into a definitive agreement to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and…
Cardinal Health to acquire Specialty Networks and PPS Analytics platform

HMP Global Acquires Drug Channels Institute; Launches Market Intelligence Unit

MALVERN, Pa., Jan. 4, 2024 /PRNewswire/ — HMP Global, a leading omnichannel healthcare education, events, and market insights company, announced it has entered into a definitive agreement to acquire Drug…
HMP Global Acquires Drug Channels Institute; Launches Market Intelligence Unit

WellSky® Acquires Experience Care

WellSky, a leading health and community care technology company, announced today that it has acquired Experience Care, an innovative technology company offering a suite of software solutions for post-acute and…
WellSky® Acquires Experience Care

Exploring Strategic M&A Within Integrated Healthcare

Exploring and Executing Strategic M&A Within The Growing Focus on Integrated Healthcare Integration of Healthcare Bringing Diverse Sectors Together with Value Based Care In the USA, a not so quiet…
Exploring Strategic M&A Within Integrated Healthcare

Gauge Capital Invests in Streamline Healthcare Solutions

SOUTHLAKE, Texas, March 10, 2023 /PRNewswire/ — Gauge Capital (“Gauge”) announced that it has partnered with the founders and management team of Streamline Healthcare Solutions (www.streamlinehealthcare.com) (“Streamline” or the “Company”)…
Gauge Capital Invests in Streamline Healthcare Solutions

Healthcare MarketPulse Overview: The Year Ahead in 2023

Paragon Ventures’ Market Pulse transactions are provided as a matter of public record and compiled to provide an overview of the Healthcare Market Pulse™ of recent acquisition and merger activities within the…
Healthcare MarketPulse Overview: The Year Ahead in 2023

The Vital Signs In Healthcare M&A

As healthcare providers, the first assessment of every patient begins with their vital signs. As a healthcare business owner, you should be equally familiar with the vital signs of your…
The Vital Signs In Healthcare M&A

Cardinal Health’s Outcomes acquires ScalaMed

Cardinal Health (NYSE:CAH) announced the acquisition of ScalaMed, a HIPAA-compliant, smart platform that transfers prescriptions directly to patients via a secure mobile app. The acquisition transfers ScalaMed’s technology and assets…
Cardinal Health’s Outcomes acquires ScalaMed

ResMed to Acquire MEDIFOX DAN

December 2022 Update ResMed (NYSE: RMD, ASX: RMD) announced it has completed its €958.6 million (US$997.5 million) acquisition of MEDIFOX DAN, a German leader in software solutions for a wide…
ResMed to Acquire MEDIFOX DAN

Vistria Group Consolidates Medalogix and Muse Healthcare

CHICAGO, May 19, 2021 /PRNewswire/ — The Vistria Group, a Chicago-based investment firm focusing on the healthcare, education and financial services sectors, has announced the recapitalization and growth investment in Medalogix…
Vistria Group Consolidates Medalogix and Muse Healthcare

GuideWell invests in Vim to accelerate value-based care

JACKSONVILLE, Fla., Aug. 11, 2021 /PRNewswire/ — GuideWell Mutual Holding Corporation (GuideWell), the parent to a family of forward-thinking companies focused on transforming health care and Florida Blue, the Blue…
GuideWell invests in Vim to accelerate value-based care

WellSky to Acquire Healthify

OVERLAND PARK, Kan.–(BUSINESS WIRE)–WellSky, a health and community care technology company, has announced that it has entered into a definitive agreement to acquire Healthify, a company that improves the health of communities…
WellSky to Acquire Healthify

H.I.G. Capital Completes Strategic Investment into eHealth

H.I.G. Capital Completes Strategic Investment into eHealth H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, is pleased to announce that an…
H.I.G. Capital Completes Strategic Investment into eHealth

Walmart Health Acquires MeMD multi-specialty telehealth provider

Walmart Health said the telehealth acquisition will help the company to continue to focus on a seamless experience and improved health. The company said that the acquisition reinforces its commitment…
Walmart Health Acquires MeMD multi-specialty telehealth provider

PointClickCare Technologies Acquires Collective Medical

MISSISSAUGA, ON. – December 30, 2020 – PointClickCare Technologies, the leader in cloud‐based healthcare software for the long‐term and post‐acute care market, is pleased to announce that it has closed…
PointClickCare Technologies Acquires Collective Medical

DW Healthcare Partners Announces Investment in CareXM

DW Healthcare Partners Announces Investment in CareXM Nov 16, 2020, 10:00 ET   PARK CITY, Utah, Nov. 16, 2020 /PRNewswire/ — DW Healthcare Partners (“DWHP”), a healthcare-focused private equity firm, announced today an…
DW Healthcare Partners Announces Investment in CareXM

Search All M&A Transactions

Search
Generic filters

Contact Us

Paragon Ventures - CONFIDENTIAL CONTACT REQUEST (Market Pulse)
Sending

Paragon Ventures LLC
Phone: 800-719-1555