An article in the New England Journal of Medicine describes the potential for use of machine learning in health care.
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Bon Secours Mercy Health, a large multi-state hospital group in selling a majority interest in a subsidiary that does revenue cycle management to a PE firm.
https://www.modernhealthcare.com/finance/bon-secours-mercy-health-sell-majority-stake-rcm-pe-firm?utm_source=modern-healthcare-daily-finance-thursday&utm_medium=email&utm_campaign=20190530&utm_content=article1-headlinePhillo Health, which offers a digital assistant platform to monitor and communicate with patients in their homes, has bedded down a comfy $11 million in new capital.
https://medcitynews.com/2019/05/pillo-health-raises-11m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73188148&_hsenc=p2ANqtz-8CVsBgQsPcp6hZ298E7-qu4j4tKl0u3CVrkzwWYUIVL1hdNcTPvrYmQI25d4c9S8C73RuCenaFC9VzLZEbaYu1iScMeM-Qxq2YiyygAIc2hq4Co3E&_hsmi=73188148The annual Department of Labor report on self-funding gives some interesting facts on this growing form of health care coverage.
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Online behavioral firm Talkspace talks investors out of an additional $50 million in funding.
https://medcitynews.com/2019/05/online-therapy-company-talkspace-raises-50m-signs-major-deal-with-optum/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73188148&_hsenc=p2ANqtz-8CVsBgQsPcp6hZ298E7-qu4j4tKl0u3CVrkzwWYUIVL1hdNcTPvrYmQI25d4c9S8C73RuCenaFC9VzLZEbaYu1iScMeM-Qxq2YiyygAIc2hq4Co3E&_hsmi=73188148Apple polishes up its health industry offerings, buying asthma monitoring firm Tueo Health for an undisclosed sum. The large tech firms continue to show an interest in figuring out how to play in health care.
https://medcitynews.com/2019/05/apple-acquires-asthma-monitoring-startup-tueo-health/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73094109&_hsenc=p2ANqtz-_BQry84P34ofHB0qB6J-mygiwk6vATFTOh7ddymBsV1SQA9w3RMD5YDZt_pM7gY0vw-hkX6Xq--VrJ7emV4WO4PnRymmALwUNdm3ebG9cqrhdCijE&_hsmi=73094109&rf=1A brief from the Employee Benefits Research Institute explores the effect of health savings account balances on utilization.
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EvidenceCare, a vendor of clinical decision support and revenue optimization (i.e., upcoding) software for hospitals, evidently is cared for by investors, hustling up a fresh $7.3 million in financing.
http://www.venturenashville.com/evidencecare-secures-capstone-jumpstart-capital-role-in-7-3mm-series-a-cms-1851Dario Health, a maker of devices and software to track diabetes care and other chronic conditions., has gone public, raising a measly $7.2 million. I can't for the life of me understand how desperate you must be to go through the hassle of being public for such a small amount of capital.
https://www.streetinsider.com/Press+Releases/DarioHealth+Corp.+Announces+Pricing+of+%247.2+Million+Public+Offering+of+Common+Stock/15530417.htmlA study from UnitedHealth Care reveals further details on the extent of variation in prices for health services.
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The May Altarum Institute health spending reports indicate a potential uptick in spending and prices.
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A report from Avalere finds that dual eligibles have lower utilization and spending in Medicare Advantage.
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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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