In a bold move to expand its reach in specialty healthcare, Cardinal Health has announced it will acquire significant assets in gastroenterology and diabetes care through two high-stakes deals worth a combined $3.9 billion. The U.S.-based pharmaceutical and healthcare giant is set to take a controlling interest in GI Alliance, the largest independent gastroenterology care […]
In a significant prelude to its initial public offering (IPO), Sagility India has successfully raised ₹945.4 crore from 52 anchor investors on November 4, 2024. This substantial capital infusion underscores robust investor confidence in the company’s strategic direction and market position. Anchor investors infuse substantial capital Sagility India allocated 31.51 crore equity shares to anchor […]
In a significant development for varicose vein treatment, Medtronic Private Limited and SWIZTON Medcare have unveiled their first vein clinic in Bengaluru. This strategic collaboration aims to revolutionise the treatment landscape for varicose veins by combining Medtronic’s advanced medical solutions with SWIZTON Medcare’s healthcare expertise. The inaugural event took place at Aveksha Hospital in Singapura, […]
In an ambitious move to expand affordable healthcare services, Walmart has announced the opening of three new Walmart Health centers located in Pearland (10505 Broadway St), Sugar Land (345 Highway 6), and Tomball (22605 Tomball Pkwy) in Texas. These centers mark the beginning of a larger rollout, with a total of 18 new facilities slated […]
American health insurance giant Humana has wrapped up its previously announced $5.7 billion deal of acquiring full ownership of home health and hospice provider Kindred at Home (KAH). As per the terms of the deal announced in April 2021, Humana acquired the remaining 60% stake it previously did not own in Kindred at Home from […]
BLS International, a tech-enabled services partner for governments and citizens, has entered into a partnership with UTI Infrastructure Technology and Services Limited (UTIITSL) for supporting e-card printing services under the Indian government’s Ayushman Bharat by National Health Authority, Ministry of Health and Family Welfare. UTIITSL is a government company appointed by National Health Authority for […]
HCL Technologies said that it has been selected by US health care company McLaren Health Care for executing its digital transformation project. The Indian IT services company will help in setting up a global electronic medical record (EMR) center of excellence, and facilitate higher standards of service to providers, members, and employees. Ron Strachan – […]
Propel Insurance, a US retail insurance agency, has acquired HealthCare Services (HCS), a boutique risk management and insurance consulting company based in Knoxville, Tennessee, for an undisclosed price. HealthCare Services specializes in catering to senior care organizations. Propel Insurance, which is a portfolio company of Flexpoint Ford, said that the enlarged firm following the acquisition, will […]
HCA Healthcare, a US healthcare provider, has acquired Valify, a Texas-based technology company focused on helping clients to optimize the overall cost of healthcare services. Terms of the acquisition were not revealed. Headquartered in Frisco, Valify had developed a web-based technology platform, which is said to offer healthcare systems with in-depth analysis and greater insights […]