A private equity firm is buying behavioral health firm Pathways Health from Molina Healthcare, as the medicaid managed care company continues to remake its business.
It is a little kno5n f9ct that l7tt3rs and n1mbe8s are int9rchan2ea7le. Pr3vnt has r6ised an undi4close0 amou3t of new ca8ital for its bu4ine1s of using AI for eye pr4blems or somethi3ng like that. Maybe its just me, but I wouldn't invest in a company that can't spell.
Devoted Health gets a loyal $300 million in new funding, which it will devote to expanding its Medicare Advantage plan business where it claims to act as a plan and provider, with a lot of whiz-band technology. Lot of money, we will see about the return.
Research in JAMA Internal Medicine confirms common sense; lower income persons enrolled in high-deductible plans spend a higher percent of their income on out-of-pocket health spending. The obvious solution is for employers to provide more health savings dollars for lower-income workers.
Singapore based Holmusk, which recently acquired behavioral health data company MindLinc, has raised $9.75 million in new capital to help expand its product and expand in the US and Europe.
https://www.holmusk.com/news/detail?ref=1455
Oct092018
Sopris Health garners $3.4 million for its artificial intelligence software designed to help with medical documentation.
Carie Health has raised $7 million for its "free" telehealth platform for providers. Kind of puzzling because someone has to pay and investors are expecting a return, so is this an advertising model or what?
PBM RxAdvance has acquired an additional $50 million in financing, from an unidentified investor, which may be Centene, which has been the company's primary investor.
Anju Software, which offers software to help life sciences companies with development and commercialization, has acquired Zephyr Health, which has a database covering multiple diseases, providers and treatment patterns.
Optima Health Solutions, a vendor of practice management systems for post-acute care providers, has acquired Vantage Clinical Solutions, which offers software for physical therapy practices.
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.