All Posts By

Kevin Roche

Jan 13 2020
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Telemedicine vendor Teladoc is acquiring InTouch Health, a competitor, for $600 million.  For that price it gets only about $80 million in revenue.  This is a typical trajectory and one that should concern investors.  Telemedicine has potential and can add value to the system but it is highly hyped.  So companies feed on that hype, get a high value, can't really generate the revenue, or certainly the profit expected, and then start doing acquisitions to divert attention and try to create something that can generate a return.

https://medcitynews.com/2020/01/teladoc-to-acquire-intouch-health-for-600m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81813316&_hsenc=p2ANqtz--uaddBADxNazP3_Zy68p593_j4qD_-b2dDHGAyN6DzxC2NogJCIpBo9ZxxhoBluRLJxpYr12vMYjXFhufmaeM519LEWtmkDTKLQHt9GsYO8ulJ-ZA&_hsmi=81813316&rf=1
Jan 09 2020
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Komodo Health dragoons investors out of $50 million in new capital for its "living map" of clinical data that will supposedly transform health care.  Heard that before?

https://medcitynews.com/2020/01/startup-building-living-map-for-healthcare-raises-50m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81682331&_hsenc=p2ANqtz--GiEdrFM8JtiGx80-WTWqrS3n9YMl1BB_v__mPr3REJmC1kow-TNRvg4x_eNiDGUhTTSqi3njsq1b5uqRlFyawrhbtuMLBS7kQvkq6Wtb9OV6M3yo&_hsmi=81682331
Jan 08 2020
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Pieces Technologies tries to make a whole, or fill a hole, getting $25.7 million in new funding for its software that collects data about patients from non-health sources, like food banks and job assistance services.  The latest in the social determinants of health fad.

https://medcitynews.com/2020/01/startup-that-pieces-together-data-from-hospitals-community-raises-25-7m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81624736&_hsenc=p2ANqtz-8IGkylRHBoWoN7q-nTpYKuKIJNUx6kul9i2Ws1Qk5CjDkMYjNt7vjY_Xkif0GD0_y1v6OBBMGiRPtFB8fV0hjpr7qsy9nHzvBR0KBYdwd8BLvP79Q&_hsmi=81624736&rf=1
Jan 06 2020
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I think I don't understand this.  Cogitativo, which offers some AI driven software to help providers improve performance, raised $18.5 million in new capital.  This sentence from the company encapsulates the BS that permeates certain segments of health care and which should be a warning sign for any thoughtful investor but clearly isn't.  "Cogitativo's machine learning platform disrupts the rapidly growing market for healthcare performance improvements by enabling payers and providers to identify and challenge system complexities."

https://www.morningstar.com/news/pr-newswire/20191218sf71019/cogitativo-raises-185m-series-b-round-of-financing