Medisolv Expands Ai Capabilities With Acquisition Of Lilac Software | Universal Health Services, Inc. To Acquire Talkspace, Inc.

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.

Medisolv Expands AI Capabilities for Value-Based Care with Acquisition of Lilac Software

Collaboration Brings Together Clinical and Claims-Based Quality Intelligence with Agentic AI to Help Healthcare Organizations Close Care Gaps and Succeed in Value-Based Care

Medisolv, Inc., a national leader in healthcare quality data management, today announced the acquisition of Lilac Software, Inc., an innovator in AI-driven predictive analytics and Medicare Advantage Stars performance. This acquisition represents a strategic expansion of Medisolv’s capabilities into predictive, AI-powered quality intelligence designed to help healthcare organizations navigate increasingly complex value-based care models.

For more than 25 years, Medisolv has helped hospitals, health systems, and accountable care organizations manage clinical quality measurement and regulatory reporting. Today, Medisolv supports more than 1,800 hospitals and some of the largest ACOs nationwide. This represents nearly one-quarter of U.S. hospitals and over 150 million patient records to power quality measurement and reporting. With the addition of Lilac, Medisolv expands its capabilities to include claims-based quality measurement, HEDIS performance analytics, and predictive insights that help organizations identify risk earlier and improve performance under value-based reimbursement models.

The acquisition also expands Medisolv’s ability to support the next generation of value-based care requirements across both provider and payer organizations. Medisolv will incorporate Lilac’s AI-enabled patient outreach technology into its existing solutions to support emerging patient engagement requirements, including use cases such as patient-reported outcome performance measures (PRO-PMs) and information transfer workflows, enabling healthcare organizations to collect critical quality data and engage patients at scale.

Beyond these CMS programs, the technology will help healthcare organizations identify and address gaps in care through scalable patient outreach and predictive analytics. Connecting provider clinical data with payer claims-based insights will give healthcare organizations a more complete view of quality performance while reducing the administrative burden of quality reporting.

“This acquisition marks an important milestone in Medisolv’s evolution,” said David Lucey, Jr., CEO at Medisolv…

Full release here, originally announced March 10th, 2026.

Universal Health Services, Inc. to Acquire Talkspace, Inc.

Industry-Leading Virtual Behavioral Healthcare Platform Accelerates Outpatient Strategy with Expanded Access to Care

Universal Health Services, Inc. announced today that it has entered into a definitive agreement to acquire Talkspace, Inc. for $5.25 per share. The enterprise value for the transaction is approximately $835 million, which UHS intends to finance with borrowings pursuant to its existing revolving credit facility.

Talkspace is a leading virtual behavioral healthcare company, with a network of approximately 6,000 licensed professionals that serve all 50 states, Washington, D.C., and Puerto Rico. As of December 31, 2025, Talkspace’s services were available to more than 200 million individuals through their health insurance plans, employee assistance programs, or as a benefit through their employer, school, or government agency. Talkspace generated $229 million in revenue and provided more than 1.6 million therapy and psychiatry sessions in 2025.

“Talkspace’s patient-centric, clinically driven virtual platform perfectly complements the high-quality services delivered at our facilities, enabling us to expand access and offer more flexible, stepped solutions to address the growing demand for behavioral healthcare,” said Marc D. Miller, President and CEO at UHS. “This acquisition aligns with UHS’ core growth objectives by accelerating our outpatient and telehealth behavioral health strategies, diversifying our payor mix, and delivering a comprehensive, technology-enabled continuum of care that supports innovative approaches to mental health services.”

“Over the past several years, Talkspace has transformed from a direct-to-consumer pioneer into a scaled, insurance-covered behavioral healthcare platform trusted by patients, providers, payors, and employers,” said Jon R. Cohen, MD, CEO at Talkspace. “This transaction reflects the next logical step in expanding access to affordable, high- quality mental healthcare by integrating outpatient virtual care into a modern behavioral health ecosystem.”

Strategic and Financial Benefits

Talkspace’s 6,000 providers and trusted virtual behavioral health platform will support the creation of the industry’s first nationally scaled, end-to-end continuum in behavioral healthcare…

Full release here, originally announced March 9th, 2026.