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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.

Jul 08 2021

Clinical research organizations help drug companies do the trials to get approval for new products or new indications for existing products, and some help with commercialization services.  As with many businesses, the larger ones have tended to cycle between being public companies and being owned by private equity firms.  Parexel is one of those firms and is being sold by one PE firm to another one for $8.5 billion.

https://www.fiercebiotech.com/cro/parexel-snapped-up-again-as-goldman-sachs-eqt-spend-8-5b-cro?mkt_tok=Mjk0LU1RRi0wNTYAAAF-JQT8O6i6JHcnk7ZR4kqARM_kPQT30Bp_Pi-_ZxP9MXnJSZsZIewJljp8BmdpYzVSSwDBdoMNCs0dhc-X6h5ScDHGO8eNGQauo1sY_kvsu2odADE&mrkid=635530
Jul 08 2021

Olive (is it a vegetable or isn't it?), which offers data analytic services for hospitals and health systems, with a focus on AI, raises another $400 million.  The company has raised over $900 million in capital in total and is valued at close to $2 billion.  Froth, froth, froth.

https://www.beckershospitalreview.com/artificial-intelligence/olive-raises-400m-hits-4b-valuation.html?origin=CIOE&utm_source=CIOE&utm_medium=email&utm_content=newsletter&oly_enc_id=4013B4524489F1Y
Jul 07 2021

Paceline raises a fresh $29.5 million in financing to support the 400th company supposedly helping consumers get more engaged in their health and wellness.  Great return coming for those investors, not.

https://www.businesswire.com/news/home/20210625005018/en/Paceline-Raises-29.5-Million-in-Series-A-Financing-to-Transform-Traditional-Financial-Services-Models