mergers and acquisitions
The deal includes an additional $5 million that could be paid to Catapult based on its performance after the sale.
The acquisition bolsters CCC's AI-powered SaaS platform by adding transformative AI capabilities.
The "game-changer" acquisition will integrate the Auckland-based company's healthcare data capabilities with AI.
The company also reported Q3 2024 earnings, noting total revenue of $76.4 million, adjusted EBITDA of $7.3 million and a net loss of $14.7 million.
The acquisition allows Resilience Lab to integrate Options MD's medication management and psychotherapy offerings for individuals with severe mental illness.
The acquisition adds governance, risk and compliance capabilities for behavioral health firms to Kipu's platform.
Foley & Lardner's Nathaniel Lacktman and Louis Lehot discuss which categories of digital health hold the most potential for M&As and why in this contributed piece.
According to the Israeli news site Calcalist, Amwell is in talks to purchase Talkspace for around $1.50 per share.
Also, a new research centre at the University of Melbourne will use AI to advance breast cancer screening.
This is just the latest acquisition by Carbon Health this year.