The article discusses Datavant, a healthcare technology company valued at $7.5 billion, and its plans for future acquisitions in the healthcare sector. Datavant specializes in connecting siloed healthcare data to improve patient outcomes and reduce costs. The company’s CEO, Travis May, outlines the key criteria Datavant looks for when evaluating potential acquisition targets. These include companies that can enhance Datavant’s data connectivity capabilities, expand its reach into new healthcare verticals, or provide complementary technologies that can be integrated into Datavant’s platform. May emphasizes the importance of cultural fit and shared values when considering acquisitions. The article also highlights Datavant’s recent acquisitions, such as Ciox Health and Veridata, and how they have strengthened the company’s position in the healthcare data space.
Source: https://www.businessinsider.com/what-unicorn-datavant-looking-for-healthcare-acquisition-2025-1