Morning Headlines 8/13/24
Francisco Partners to Sell QGenda to Hearst in a More Than $2 Billion Exit
Hearst, parent company of the Hearst Health network of businesses, will acquire healthcare workforce management software vendor QGenda from Francisco Partners in a deal valued at between $2 billion and $3 billion.
Medical technology company Stryker acquires Care.ai, which specializes in smart healthcare facility and virtual care technologies.
Augmedix Delivers 27% Revenue Growth for Second Quarter of 2024
Ambient AI medical software vendor Augmedix, which will soon be acquired by Commure, sees a 27% increase in Q2 revenue but ultimately misses analyst expectations on earnings and revenue.
Going to ask again about HealWell - they are on an acquisition tear and seem to be very AI-focused. Has…