Another HUGE Acquisition in HIE Market

Just as we are trying to put the final touches to the forthcoming HIE Market Report, another major HIE vendor gets acquired and again it is a very big fish swallowing a small and very pricey little fish. Geez, they are making our life difficult here at Chilmark.

This morning, Aetna announced that it will acquire Medicity for some $500M.  With United Health Group’s Ingenix acquiring Medicity’s top competitor, Axolotl earlier this year and now Medicity being picked up, the HIE market is going through a major upheaval with few, (one could even argue none) strong, independent HIE vendors left.

Chilmark Research will reach-out to both Medicity and Aetna to get their take on this acquisition as well as competing vendors as this really is a pretty big deal for all players in the HIE market.

Posted in Health Information Exchange Tagged with: , , , ,
3 comments on “Another HUGE Acquisition in HIE Market
  1. Tim Elwell says:

    You had better get your report out soon. Otherwise, you might want to look for space in a payer magazine. Additionally, there have been many changes to the HIE products and solutions. When do you intend to do a refresh?

  2. Congrats to Medicity! That’s a nice payday for them. That’s definitely an issue to have no independent HIE. How many people really want to participate in a payer HIE?

  3. ShimCode says:

    Public healthcare option? Provider-focused? Ha! Seems just the opposite is happening:

    Behemoth payers are buying up HIE’s and myriad other anciallary IT products and services.

    United Health essentially owns a bank with OptumHealth.

    Trizetto is a major player in the payer space and they went private a couple years ago.

    Verizon and large data carriers are getting into the game.

    What an exciting time to be in the healthcare IT space!

2 Pings/Trackbacks for "Another HUGE Acquisition in HIE Market"
  1. […] Big HIE fish swallow small. With Aetna picking up health information exchange vendor Medicity for $500 million earlier this week, and UnitedHealth Group’s Ingenix buying Medicity’s top competitor, Axolotl, earlier this year, the HIE market is going through a major upheaval with few (one could even argue no) strong, independent vendors left, according to Chilmark Research. […]

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