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Kevin Roche

The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com.

Aug 25 2021

More health care company valuation insanity.  Ginger, a mental telehealth company, spices up its offerings by merging with Headspace, which offers a meditation app.  Ginger's management should have meditated on this deal a bit more.  The merged company is supposedly valued at $3 billion, for a company that claims to have $300 million in bookings, whatever that means.  The only reason people invest in this kind of garbage is they don't know what else to do with their capital and they believe in the greater fool theory--they can sell to someone else before people figure out what a dud they have.

https://www.fiercehealthcare.com/digital-health/ginger-and-headspace-plan-to-merge-to-scale-up-comprehensive-digital-mental-health?utm_medium=nl&utm_source=internal&mrkid=635530&mkt_tok=Mjk0LU1RRi0wNTYAAAF_HZov5LSGcdQSuFAZWkpYq2U70X3U_jABtaeWuMaJEg7v1EijaFm5zLevWqQ6fhVqGoRyIlMwJCA6sKhhyL_ZDsqSEna07V9xZaV-6C4bh67xPj0
Aug 25 2021

Carbon Health is going to burn investors to a crisp, acquiring two urgent care chains in recent days.  The company raised a lot of funding and is splashing it out there.  It wants to be the country's biggest primary care provider.  Investors are likely to need mental health care in the next few years.

https://www.fiercehealthcare.com/practices/carbon-health-scoops-up-two-major-clinic-chains-to-expand-primary-care-footprint?mkt_tok=Mjk0LU1RRi0wNTYAAAF_HEYicqDEQd57qpk3eOaZvsSsUygLkSOvyvNk3WnwgorH-soyzU7DfompvD5Z8nu3Eq29qFF1veXDOwIBEye_tHESx3FNJYd8gT0aL0UIGuLkbBI&mrkid=635530