Morning Headlines 8/31/21

Baxter Is in Advanced Talks to Buy Hill-Rom for About $10 Billion

After similar talks fell apart last month, Baxter will reportedly acquire medical equipment company Hillrom for nearly $10 billion.

Biden-Harris Administration Invests $10.7 Million in American Rescue Plan Funds to Expand Pediatric Mental Health Care Access

HHS allocates $11 million to expand its Pediatric Mental Health Care Access program, giving pediatric teams across the country access to telemedicine-focused consultation, training, technical assistance, and care coordination services.

Genome Medical Announces Acquisition of GeneMatters and Closing of $60 Million Series C Financing

Virtual genomics provider Genome Medical raises $60 million and acquires GeneMatters, which offers genetic counseling via video visit, and care delivery and patient engagement software.