Check out today’s featured companies who have recently completed an M&A deal, and be sure to check out the full list of past healthcare IT M&A.
PartsSource Acquires SkillNet to Add Workforce Intelligence to its Enterprise Clinical Technology Platform
New Combination Connects Service Operations, Workforce Capability, and AI-Driven Readiness Planning to Help Health Systems Improve Clinical Capacity
PartsSource, the leading performance platform for clinical technology, today announced the acquisition of SkillNet, a Workforce Intelligence platform for healthcare technology management (HTM) that gives hospitals and health systems real-time visibility into competency compliance and team capabilities, enabling leaders to close critical technician skill gaps and grow care capacity.
Following PartsSource’s introduction of new service optimization and asset performance capabilities at AAMI eXchange in late May, the acquisition of Skillnet expands the PartsSource Enterprise Clinical Technology platform into workforce intelligence. The combination enables healthcare organizations to better align equipment uptime, service delivery, technician capability, and operational readiness across the enterprise.
In concert with the acquisition, PartsSource announced its intention to offer an expanded portfolio of workforce solutions. The new PartsSource PRO Workforce solution will include a multi-vendor, multi-modality Technical Decision Support System that provides AI-empowered diagnostics and repair procedures to help technicians accelerate maintenance and repair of highly complex clinical assets and On-Demand Training from its former acquisitions of RSTI and NVRT Labs.
“Healthcare organizations are under pressure from every direction – rising demand, aging infrastructure, workforce shortages and growing operational complexity,” said Philip Settimi, MSE, MD, President and CEO at PartsSource. “Ensuring healthcare is always on requires more than maintaining equipment. It requires visibility into the people, skills, workflows, and operational systems behind clinical asset availability. The addition of SkillNet strengthens our ability to help health systems manage clinical asset performance holistically by focusing on their most important asset – their people.”
PartsSource is actively co-developing its workforce solution with alpha partners, five industry-leading healthcare systems operating a combined total of 43 hospitals.
“For enterprise HTM teams, workforce readiness is inseparable from clinical asset performance, regulatory compliance and quality outcomes,” said Keith Whitby, SCM Division Chair, Healthcare Technology Management at Mayo Clinic…
Full release here, originally announced June 9th, 2026.
Azara Healthcare Closes the Medicaid Coverage Gap for Safety-Net Providers with Addition of Advocatia
Combined Platform Gives Safety-Net Providers and Health Plans a Single, Easy-to-Use, Data-Driven Pathway to Ensuring At-Risk Individuals Maintain Enrollment During Medicaid Redetermination
Azara Healthcare, the four-time Best in KLAS provider of population health and value-based care solutions for the safety net, today announced that it has acquired Advocatia, a digital-first public benefits enrollment platform. The combination delivers the first end-to-end Medicaid coverage retention solution — pairing the Azara DRVS platform’s ability to identify and engage at-risk individuals with Advocatia’s strengths in guiding them through application, documentation, and initial enrollment or renewal of Medicaid coverage and other public benefits programs.
Together, the combined solution enables clients to:
- Identify and prioritize patients at risk of losing coverage using Azara DRVS registries and risk stratification
- Engage patients at scale through automated, multi-channel outreach
- Guide patients through the enrollment and renewal process in 75 languages via Advocatia’s self-service digital platform
- Capture documentation and income verification to support redeterminations and new work requirement reporting
- Provide health center staff and navigators with real-time visibility into patient progress and completion rates, alerting and allowing them to intervene when additional help is needed
The move comes as community health centers, hospitals, and other safety-net providers prepare for one of the most significant coverage shifts in a generation. Under the One Big Beautiful Bill Act (HR.1), more than 7.6 million Americans are projected to lose Medicaid coverage by 2034, and 80-hour monthly work requirements take effect in January 2027. The financial stakes for safety-net organizations are immediate. Hospitals are estimated to have delivered over $36 billion in uncompensated care to uninsured patients in each of the past 3 years, underscoring the growing pressure on providers caring for vulnerable populations. Compounding the challenge, the National Association of Community Health Centers (NACHC) projects HR.1 will reduce community health revenue by $7 billion annually due to increased uncompensated care — a level of strain that could force 1,800 site closures and 34,000 job losses nationwide.
“Our clients have been telling us the same thing for months: they need help ensuring that all patients still eligible for Medicaid coverage successfully re-enroll before deadlines and coverage loss,” said Jeff Brandes, President and CEO at Azara Healthcare…
Full release here, originally announced June 4th, 2026.
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