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Function Health acquires Ezra for better MRI scans

May 05, 20257 months ago

Acquiring Company

Function Health

Acquired Company

Ezra

AustinNew YorkHealth CareArtificial IntelligenceBiotechnologyHealth Care

Description

Function Health has acquired Ezra, enhancing their health services with a new affordable Full Body MRI. This acquisition aims to reduce scan times and costs, promoting early detection of health issues. By integrating advanced lab testing with imaging technology, they plan to set a new standard in healthcare. The partnership will allow greater accessibility to health screenings across numerous locations.

Company Information

Company

Function Health

Location

Austin, Texas, United States

About

Function Health is a revolutionary health management platform dedicated to empowering individuals to achieve 100 healthy years through proactive health solutions. With access to a comprehensive list of lab tests, including the innovative Galleri test for early cancer detection, Function Health aims to transform cancer care and facilitate better health outcomes. The platform fuses state-of-the-art data science with personalized health insights. Function Health is committed to educating and equipping its members with the tools necessary for early disease detection and management.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed