Las Vegas-based New Horizon Medical Solutions announced it has acquired Applied Tissue Technologies' transparent negative-pressure wound therapy device and micrografting kit, expanding its portfolio of wound care offerings.
New Horizon offers biologics and advanced wound care tools, including skin substitutes developed using amniotic membrane technology.
The company also offers workflow and staff training tools, as well as technology integration services, aimed at reducing administrative burden, improving patient satisfaction, and strengthening documentation and claims.
Boston-based Applied Tissue is another wound care company that offers proprietary devices to help wounds heal more quickly.
It offers negative-pressure wound therapy technology, including its Xpansion micro-autografting kit, which the company says allows clinicians to expand the donor-to-coverage ratio for autografts.
"Together, these and other recent additions to our portfolio begin to distinguish us from others and make us a formidable industry partner," Will Hall, CEO of New Horizon Medical Solutions, said in a statement.
THE LARGER TREND
2025 has seen a flurry of
mergers and acquisitions
in the healthcare technology space.
In January,
Transcarent
, an employee healthcare navigation company, entered into a
definitive agreement to acquire
health benefits platform
Accolade
for around $621 million, or $7.03 per share in cash. The merger was completed in April.
In February, New York-based virtual care company
Teladoc Health
announced it had
signed a definitive agreement
to acquire virtual preventive care company
Catapult Health
in an all-cash deal valued at $65 million, with an additional $5 million in contingent earnout consideration.
April saw
Willow
, maker of wearable breast pumps,
acquire
British femtech company
Elvie
to scale the companies' maternal health platforms, and in May, Datavant, a data sharing technology company,
announced its plans
to acquire
Aetion
, a company focused on real-world evidence in healthcare.
In June, Christopher McGhee, cofounder and former CEO of
Current Health
,
reacquired the company
from
Best Buy
, which had purchased it in 2021 for $400 million.
A month later, healthcare company
Astrana Health
announced it
finalized its acquisition
of
Prospect Health
, an integrated care delivery network, for $708 million, slightly below the
originally announced
$745 million.
Teladoc made
another acquisition
in August, purchasing Telecare, a virtual care provider in Australia, expanding its specialist network in the region. That same month, Datavant
finalized its second acquisition
of the year, acquiring
Ontellus
, a provider of health records retrieval and claims intelligence.
October saw numerous deals in the space.
NeueHealth
, a company that connects providers and payers with technology to enable value-based care,
closed
its
previously announced
merger by an affiliate of New Enterprise Associates at an enterprise value of approximately $1.465 billion, a $165 million increase from its initially projected price in January.
The acquisition led to NeueHealth's stock [NYSE: NEUE] being delisted from the New York Stock Exchange as of Oct. 2.
That same month, virtual behavioral healthcare provider
Talkspace
announced it acquired
Wisdo Health
, a social health and peer-support platform focused on combating loneliness, and telehealth and medical transportation company
DocGo
announced it
acquired
telehealth provider
SteadyMD
.
Datavant completed its third acquisition of the year in October, acquiring medical data analysis company
DigitalOwl
.
In early December, tech-enabled clinical research platform
Paradigm Health
secured $78 million in an oversubscribed Series B financing round and
announced its acquisition
of oncology-focused digital health company
Flatiron Health's
Clinical Research Business.