Athenahealth has done very well in the market for electronic medical records and other provider information systems. It is being sold by one set of investors to two private equity firms for $17 billion dollars. The company may be good, but that is far too high a price in a very competitive market. We are seeing the result of the fed pumping trillions of dollars into the economy. This will be a very leveraged deal which will eventually stress the company.
https://www.fiercehealthcare.com/tech/two-private-equity-firms-near-17b-deal-to-acquire-athenahealth-wsj-reportInvestors may get the sharp end of the stick and swallow some losses, as Sword Health, which manages musculoskeletal conditions, raised an insane $163 million at an even more insane $2 billion valuation. There is nothing proprietary about what this company does, and no barriers to entry.
https://medcitynews.com/2021/11/in-competitive-market-for-msk-sword-valued-at-2-billion/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_medium=email&_hsmi=186379227&_hsenc=p2ANqtz--T9nH75gMUUnalAT65p6Djq6zWBtqjuScP1mfygCGehxe6kKwlVhWxoC8qVJIQ6lybXLgY6VBJYvUKRxaxhp2djB_N-QrHPObKVz8vuASdCZvyJXY&utm_content=186379227&utm_source=hs_emailA burst of research to start the week, so here is a summary of a few important papers.
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Forget everything else and enjoy family and friends this week. Ignore the public health bobos.
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Its long, it may be boring, but hopefully it is somewhat informative and thought-provoking.
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The Governor's theme song, backed by the DOH chorus, is "All I Wanna Do Is Tell Some Lies".
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Updated age series, Governor still lying about cases and hosps in children.
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Not of lot of relevant research this week, which seems odd, but here are the summaries of what popped up.
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Young Americans are dying of drug overdoses at a record rate and the federal and our state government are doing nothing to stop it.
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What I say now is the same thing I said at the start of this lockdown and suppression nonsense.
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We are starting to look kind of like last year, when we didn't have 70% of the population vaccinated.
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About this Blog
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. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.