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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-headline
Revenue cycle management software vendor eSolutions is acquiring Practice Insights, which is largely a claims clearinghouse.
https://www.esolutionsinc.com/practice-insight-acquired-by-esolutions
Health 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=1
Medxoom, a health care payments technology vendor, speeds up its business with $3.2 million in fresh funding.
https://www.prdistribution.com/news/medxoom-raises-32mm-to-build-healthcare-marketplaces.html
Apricity, which says it is a virtual fertility clinic, and aren't you curious how that works, raised 6 million euros in new capital.
https://www.pehub.com/2019/06/virtual-fertility-clinic-apricity-lands-series-a-funding/
Vida Health garners $3 million in a new financing round to support its digital health coaching business.
https://medcitynews.com/2019/06/vida-health-raises-30m-series-c-from-guidewell-teladoc-and-workday/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73875825&_hsenc=p2ANqtz--QSGtMCznHp3BMMURWURpDPdv5pmL4qMcgsXGgZ4vNk8aM4bFrGzFUAPM4M7OO9SrF8x3-iRQdivT9MnVk0Q9QUydGX-JCf8ePDG3N0OOhw1RRR7Q&_hsmi=73875825&rf=1
SubjectWell, a vendor of services to help with patient recruitment for clinical trials, has raised $10 million in new capital.
https://www.businesswire.com/news/home/20190618005161/en/SubjectWell-Raises-10M-Expand-Risk-Free-Patient-Recruitment
Cara Care, a German digital health company focused on digestive system care (if its digital does that mean stick a finger in one or the other end of your alimentary canal?) gets a $7 million financing round that includes pharma giant J & J.
https://www.fiercebiotech.com/biotech/j-j-leads-7m-round-for-german-digital-health-co-cara-care?mkt_tok=eyJpIjoiTUdJNU9XVmlaVEExTXpOaSIsInQiOiJ1SzBseUhZXC9ZczNwME5RczhUMm9kVndycGNhcFdpYlFhWUp5aVhhNmRMKytVbTBsbWQ1K3FKczNNbVlOWHRYTGQ4cFRERDVDTkJMa3BLb1JrUG1nMW5TN0dwaXhYQURwWFpvK3NGZHlUZHBWRGl1TTJMNWZJK3BuVkduV3BEUGoifQ%3D%3D&mrkid=635530
Collective Health has raised a massive $205 million round of new capital, as it grows its third-party administrator business for employee health benefit plans.
https://medcitynews.com/2019/06/collective-health-raises-205m-series-e-led-by-softbank-to-reduce-healthcares-complexity/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73783870&_hsenc=p2ANqtz-_tjGzl-utagM4KIZ_Jv-0bTp6DwltxSQADw2Q55A6KJSbLbOiz4RZqY-3sSeE8Qo4_C5yT30p8ewBgTJuPN8NkLBa4ToBk0DivI-GU7HocLhjmMGQ&_hsmi=73783870&rf=1
Accumen, which helps health systems with laboratories, blood collection and other services, is acquiring Halfpenny Technologies, a firm engaged in clinical data exchange software.
https://medcitynews.com/2019/06/accumen-buys-halfpenny-technologies/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73783870&_hsenc=p2ANqtz-_tjGzl-utagM4KIZ_Jv-0bTp6DwltxSQADw2Q55A6KJSbLbOiz4RZqY-3sSeE8Qo4_C5yT30p8ewBgTJuPN8NkLBa4ToBk0DivI-GU7HocLhjmMGQ&_hsmi=73783870
Large insurer Centene has led a $60 million investment in Quartet, which offers a comprehensive technology platform to coordinate and deliver behavioral health care.
https://medcitynews.com/2019/06/quartet-raises-60m-series-d-led-by-centene/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73711228&_hsenc=p2ANqtz-_m1VUAa4IijVIR2Kv8pWgryyrustdQqqjl5P_RRG_5O9_zZr0aqWOEYHJ1z8nPYPLZlZNlCkY8qnUZoJNoUJ-gzc7qiRSrLc_-jlcHsUPkJErWYq4&_hsmi=73711228&rf=1
EHR vendor Allscripts is buying ZappRx, apparently for less than the $40 million that venture investors put into the company. ZappRx is supposed to help providers perform prior authorization faster.
https://www.modernhealthcare.com/information-technology/allscripts-buys-prescription-drug-startup?utm_source=modern-healthcare-daily-finance-friday&utm_medium=email&utm_campaign=20190614&utm_content=article6-headline
CredSimple, a vendor of physician credentialing services, gets $14 million in new financing.
https://medcitynews.com/2019/06/credsimple-raises-14m-for-better-physician-crediting/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73648315&_hsenc=p2ANqtz-_4WcmP7xyLTbhRXUsuV8qf1i3cA-ZtapZW9B19kJaiePYLJ_9v4KecHlk5vY_ERrRCfBKzQ42YiZ1bmkgM3nn4UAeFsHCKKwRO-rPMpCUwU5Q4Gyo&_hsmi=73648315&rf=1
Nym, which sells software that automates medical coding, secures $6 million in initial capital.
https://www.pehub.com/2019/06/medical-coding-technology-firm-nym-inks-6-mln-seed/
French information technology company Dassault Systems is buying Medidata for $5.7 billion. Medidata offers electronic clinical trial software and services.
https://www.fiercebiotech.com/cro/dassault-systemes-eyes-life-science-boost-5-8b-medidata-buy?mkt_tok=eyJpIjoiWVRjd1pEY3pNREZsTkRFMiIsInQiOiJLRkQ4NGFmbTFFMGVORE1cL1E5WTJJWWorb3NueXFDTkJ5OTB6T1lNUEVJN2pKd3V4YnV0cUkxVTUyTFhuVVIzVXZPMW1oa1ZBbFlYRFN4RGNSXC9Zams1VXhvN2J5aGNEWElJNW1PdDhlcHhsRlp6ZEs5VVdCRlNyYUZybHBCTDI2In0%3D&mrkid=635530
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.