digital health mergers and acquisitions
The acquisition expands Datavant's capabilities to help insurance and legal professionals with AI-enabled tools for automated medical record review and predictive analytics.
The acquisition will further enable Talkspace to provide personalized care tools that tackle social and mental health issues.
The integrated platform will combine patient engagement, care access, provider data management, price transparency and payment tools.
The deal marks Innovaccer's fourth acquisition in the past two years.
The acquisition comes just months after Cerebral reached a settlement with the FTC over allegations of deceptive subscription and data-sharing practices.
The acquisition brings the parties' cross-litigation alleging patent infringements to a close.
The deal includes an additional $5 million that could be paid to Catapult based on its performance after the sale.
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.