mergers and acquisition
The company was sold to an affiliate of New Enterprise Associates and a consortium of investors for $1.465 billion and ceased trading on the NYSE on Oct. 2.
The acquisition will see the publicly traded healthcare-navigation company become a privately held business.
Last year set some new records for healthcare IT funding, with VC investments reaching over $5 billion and mobile health funding hitting an all-time high, according to a new report from Mercom Capital Group.