Mergers and acquisitions neared $15 billion among Medical Alley Association members in the second quarter of 2019, the Minnesota trade group said today. About half of that was generated by one company — Minnetonka-based UnitedHealth Group (NYSE:UNH), which completed its long-awaited $4.3 billion acquisition of DaVita Healthcare (NYSE:DVA) in June. United also acquired two other companies in the […]
Best Buy to retail AliveCor’s KardiaMobile
AliveCor said yesterday that it has inked a strategic partnership deal with Best Buy to offer its KardiaMobile electrocardiogram devices at their retail locations across the U.S. The Mountain View, Calif.-based company’s KardiaBand is a wrist-worn electrocardiogram device designed to detect atrial fibrillation and normal sinus rhythm. AliveCor said that the deal marks the first time […]
Report: Comcast to join home-health-monitoring fray
Comcast (NSDQ:CMCSA) is reportedly preparing to jump into the in-home health-monitoring market. The company will begin conducting pilot tests later this year and intends to launch a health monitoring device in 2020, according to a report by CNBC. Targeted toward seniors and people with disabilities, the device would use ambient sensors to determine whether they’re making extra […]
Best Buy wants to get mHealth into seniors’ homes: Here’s how
Want to get mHealth and other medical devices into seniors’ homes? Best Buy (NYSE:BBY) and its Geek Squad may be the way in the door. “For companies looking to bring healthcare interactions into the home, we could be a fairly useful partner,” Asheesh Saksena, president of Best Buy Health, told hundreds of medical device industry […]
Ex-NuVasive CEO Lucier to head new M&A firm Corza Health
Recently departed NuVasive (NSDQ:NUVA) CEO Gregory Lucier will lead a new company formed to acquire medtech and life sciences firms and assets. Lucier, 54, is partnering with Chicago-based private equity firm GTCR to form the new company, Corza Health, in San Diego. GTCR holds stakes in Regatta Medical, which owns laser micro manufacturer Resonetics and Sotera Health along with life sciences, technology, and […]
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