Apervita, which offers software to help hospitals with quality measures and programs, becomes a warm-up before meal treat for investors, who serve up a fresh $22 million in financing.
Medopad, which does something related to gathering health information from wearables, pads its bank account with $25 in new capital, apparently raised at a valuation of around $200 million. There is too much capital and when there is, it does stupid stuff.
In a short-lived announcement, Human Longevity births a fresh $30 million in capital to support the company's business of combining information to help assess individual's health, etc.
Twistle, a provider of automation for communication and care management processes, whistles up a fresh $16 million in funding. Oh, and did I mention that it is "disruptive".
DAS Health, which helps providers install and operate their information systems, has acquired Automated Medical Systems, which offers similar services.
Healthcare.com, which offers software to help consumers compare and purchase health insurance and Medicare plans, garners a fresh $18 million in funding.
Here is a prime example of policy-making lunacy from those who think they can dictate how people live. Let's make people stop drinking sugary beverages like soda by putting a huge tax on them. A paper at the National Bureau of Economic Research demonstrates that these taxes as enacted in four cities, had basically zero impact, in fact only in one city, Philadelphia, did there appear to be any effect on consumption, and other research has shown that is bogus because people just went outside the city limits to pay less for their soda. These taxes are extremely regressive and do nothing to improve public health. But don't expect the people in favor of them to show any open-mindedness or recognition of the limits of government's ability to affect individual behavior.
https://www.nber.org/papers/w26393
Nov042019
Google is buying Fitbit for around $2.1 billion, putting the wearables maker out of its misery. Fitbit was hot for a while, then crashed on unrealistic growth expectations. And the big tech firms just get bigger and more intrusive.
Eversana, a vendor of commercialization services to life sciences companies, has acquired Cornerstone Research Group, which offers health economics research.
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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