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Another HUGE Acquisition in HIE Market

by John Moore | December 07, 2010

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.

Stay up to the minute.

“As biometric data becomes cheaper and easier to collect through smart sensors, devices, and mobile apps, expect to see more innovations in consumer health.”

-Alicia Vergaras