An article in Health Affairs once again tries to reinforce the point that the health spending issue in the US is due to prices, not utilization.
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First Stop Health, which offers telemedicine services for employers, has raised $6.5 million in new capital.
https://medcitynews.com/2019/01/chicago-based-telemedicine-provider-raises-6-5-million/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=68960534&_hsenc=p2ANqtz--7M1ctnKPbUroTzN3hIP52nRFipqiFapA8BmriRPqsHWC4W6jSNB0WRfWpQ3TIaV15tXQ0oVOUd-U19WkwwGF9vBIKtKp1-LFg6P2Z3atTBVzoPFI&_hsmi=68960534&rf=1The Journal of the American Medical Association has a lengthy analysis of medical product marketing spending over the last two decades.
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The American Hospital Association claims hospitals are grossly underpaid by Medicare and Medicaid.
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Digital artificial intelligence population health value-based purchasing bundled episodes virtual health disruptive innovative strategic consumer engagement. Makes about as much sense as a lot of the press releases I have read lately.
The latest volley in the 340B program wars comes from the drug industry and not surprisingly finds that hospital participation raises use and spending.
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Medici, which offers an app for communication between providers and patients, is over the moon about its acquisition of Chiron Health (okay you get the joke, right, I mean you do know that Chiron is the moon of Pluto, oh never mind, that is Charon, but Chiron is a minor planet in the outer solar system) Chiron Health is in the telemedicine business and Chiron was the wisest and noblest of the Centaurs according to the Greeks, but what did they know, I mean look at their country today.
https://www.beckershospitalreview.com/telehealth/medici-acquires-telemedicine-company-chiron-health.html?origin=cioe&utm_source=cioeOkay, here is another "strategic" investment announcement, which just made me wonder, are there non-strategic investments? I mean does someone just say, oh I put that money in just for the heck of it, or I just threw a dart at a list of companies, which actually for some institutional investors might provide a better return. In any event "virtual" (another important word to get in your investor presentations and press releases) behavioral health provider AbleTo was, getting a new round of financing from Optum Ventures.
https://www.prnewswire.com/news-releases/ableto-announces-strategic-investment-from-optum-ventures-300774743.htmlChange Healthcare, which has an awfully full-of-itself name, and which offers a variety of administrative services to health plans and providers, is making a strategic investment in MdSave, which helps patients develop payment plans for cost-sharing amounts owed providers.
https://www.changehealthcare.com/press-room/press-releases/detail/change-healthcare-makes-strategic-investment-in-mdsaveBabyscripts gets past the infantile stage, writing in a new $6 million dollar investment for its virtual obstetrics care platform. With some babying, everything might go according to script.
https://www.prweb.com/releases/babyscripts_announces_philips_strategic_investment_and_intended_commercial_partnership/prweb16015535.htmAbout 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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