Ability Network, which offers workflow technology for providers, has acquired MD On-line which makes EDI and revenue cycle tools for providers and payers.
According to Mercom Capital, venture funding for HIT was $956 million in 212 deals in the third quarter of 2014, compared to $1.8 billion in 161 deals in the second quarter. And there were about 55 M & A deals worth $4.7 billion in the third quarter.
Breg, owned by Water Street, has merged with United Orthopedic Group to create a company focussed on rehabilitative orthopedic products and services and sports medicine.
MergeWorthRx, which was formed to consolidate certain health care sectors, has acquired AeroCare, which is a leading provider of home respiratory services.
Alphaeon, which helps doctors provide wellness services and products to patients, has acquired exclusive license rights to TouchMD, which offers physicians products to help educate patients.
Someone needs to check the water in Silicon Valley, Thync has received $13 million for its wearable device that senses your mood and can supposedly apply ultrasound or electricity to make you feel calmer or more energetic. I am thyncing that the investors tried it on and it actually works to make you dumber.
In a FAQ release, HHS opines on reference pricing and narrow networks for grandfathered plans, suggesting that in most cases amounts over the reference price don't have to be counted toward the maximum out-of-pocket cost.
http://www.dol.gov/ebsa/faqs/faq-aca21.html
Oct142014
Lucent Health Solutions, which intends to develop a more "data-driven" administrative service for self-funded health plans, has acquired North American Administrators, a traditional TPA.
http://www.lucent-health.com
Oct142014
Diplomat Pharmacy, which manages specialty medications, has gone public with a $170 million offering.
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.
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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