A paper from the National Bureau of Economics has some interesting insights into how people interact with computers on health care matters.
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Disease management vendor Omada Health has secured yet another large round of financing, $73 million worth. Lot of hype around the new generation of disease management vendors, but I predict the same outcome in terms of value to patients and payers and returns to investors--not much.
https://medcitynews.com/2019/06/omada-raises-73m-series-d-led-by-wellington-management-company/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=74115141&_hsenc=p2ANqtz-8wI_v5cTwVOzX63zMH8Yg_ps31vcVOsU0VRibdkPmSBJgEUv3cGv2gnURbQckDh09n2p3wmAAKaQehiIdrTYRHQkID07Ph8dRU2l0QFqGqkhf-f4A&_hsmi=74115141&rf=1A Transunion study indicates the patients are continuing to see a rise in the share of medical costs that they pay, particularly for inpatient services, as the average cost-share rose from around $4100 in 2017 to $4650 in 2018.
https://www.globenewswire.com/news-release/2019/06/25/1873492/0/en/Out-of-Pocket-Costs-Rising-Even-as-Patients-Transition-to-Lower-Cost-Settings-of-Care.htmlA paper from the National Bureau of Economic Research finds that quality report cards may be helpful in sorting skilled nursing facilities.
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A new analysis in the Annals of Internal Medicine suggests that ACOs may not be saving Medicare money.
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Vynca which helps health care organizations design end-of-life care plans, has raised $10.3 million in new capital.
https://medcitynews.com/2019/06/advance-care-planning-funding/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73967754&_hsenc=p2ANqtz--_WyBFYkrZpth42uV55wRa-uq17hI5o72mjLmkKG4AmUleRA6iYgH-6ezG_1TcbcpxBaOckxAJ94us6EeLQYt_20TmGJQS-g4evAn4T_CsM4c4bRA&_hsmi=73967754Patients Like Me apparently is also liked by UnitedHealth Group, as the uber-acquisitive firm is buying the creator of communities for patients with particular diseases. The patients' data is collected and sold to drug companies and others to generate revenue.
https://medcitynews.com/2019/06/patientslikeme-acquired-by-unitedhealth-group/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=74015670&_hsenc=p2ANqtz--VvQhQ8NtPpvOYKmuQkFeXcMHOd9vChtfjVYe60uzNs0IXuN1QrSyRvzdVCEiRI_YzcZbYxZQ6uQmm0gOxZ8-W8f-NuWOgBfcHr1aWXmPOTXExki8&_hsmi=74015670Spring Fertility plows fertile investing ground, getting an undisclosed amount of new capital to help people become pregnant. Gestation period for this investment was undisclosed but likely will be greater than nine months.
https://www.pehub.com/familyoffices/bonderman-family-office-wildcat-finds-opportunity-in-fertility/CityMD and Summit Medical Group are merging, bringing together a private equity owned urgent care center company and a large provider group.
https://www.modernhealthcare.com/mergers-acquisitions/citymd-and-summit-medical-group-merge?utm_source=modern-healthcare-daily-finance-friday&utm_medium=email&utm_campaign=20190621&utm_content=article2-headlineHealth care provider payments vendor Equian is apparently being acquired by UnitedHealth Group for $3.2 billion.
https://medcitynews.com/2019/06/report-unitedhealth-picks-up-healthcare-payments-company-equian-in-3-2b-deal/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73941832&_hsenc=p2ANqtz-_piS23xfyeAoq8ijveZY1dXqENe9pn4YXXw-OTyDvF2JjMBz1-qVOBPmWo29_PGbC3zpREwFLB-9ZdUB6l9NcGUZlfNU0R2g4xgG5xRe7XFschylo&_hsmi=73941832&rf=1PWC releases its annual report on what employers can expect in the way of medical cost growth for the coming year.
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A Viewpoint in the Journal of the American Medical Association analyzes the impact on health care in the US of having a largely employment driven health insurance market.
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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.
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