Blüm Technologies Group has announced its acquisition of Nexus Digital Technologies in what it is calling a “strategic expansion in the primary engagement and community care space”.
The group specialises in digital health solutions including software engineering, AI development, and regulatory support, offering assistance with digital transformation roadmaps, technical infrastructure planning, and clinical compliance for clients in both the private and public sectors.
In acquiring Nexus, Blüm Technologies Group hopes to be able to deliver a more end-to-end digital health service for organisations requiring support with digital transformation, broadening its capabilities to assist in areas across patient education, peer to peer support, direct access to healthcare professionals, and connections to local services.
Nexus by Blüm has reportedly already begun to explore opportunities in oncology, rehabilitation and primary care.
Michael Watts, co-founder and CEO, spoke of hopes that the move would be “the first of a string of acquisitions” to build Blüm’s ecosystem and establish resilience across earlier stage solutions, adding: “This acquisition has not only enhanced the capability of Blüm’s existing product portfolio, but it is a bid to support founders, save jobs, and maintain continuity of service between Industry and the NHS.”
Acquisitions in the health and care space
In a move to expand its delivery of intelligent workforce management solutions across the UK, ELMO Group has announced its acquisition of Rotageek and its AI-powered intelligent scheduling engine, aiming to deliver an intelligent end-to-end platform for rostering and scheduling. Rotageek, founded in 2009, was initially used as a smart scheduling tool for A&E departments, before developing into a workforce management platform using algorithms to create “demand-led rotas” with the goal of reducing manual admin.
The US-based Hims & Hers Health, Inc., health and wellness platform has acquired UK digital health platform ZAVA, in a “significant step in its global expansion” which is also to see the company advance its presence in other European countries such as Germany, France and Ireland.
Healthcare technology company, HEALWELL has acquired Orion Health for £77.6 million, in hopes of providing “new opportunities for global health systems” when it comes to accessing AI technology. The company noted the acquisition brings “large enterprise customers, recurring revenues, strong operating margins and free cashflow conversion to HEALWELL”, adding that it creates a new channel for the distribution its AI products.
UK-based medical devices company RDi has announced the acquisition of health tech innovator Inicio Health, in a move to “accelerate the development of advanced digital solutions which empower individuals to take control of their health”. This is reportedly RDI’s third acquisition since September 2021 and combines their “expertise in self-sampling and testing kits with Inicio Health’s digital interoperability and transformation solutions”, in order to provide “more accessible” patient pathways when it comes to screening, diagnostics and preventative healthcare.
