Collective Health collects $110 million in a new financing round to support its software platform that "breaks down the data and user experience silos in employer health care", whatever that means. Really, $110 million?
Putting investors in a bind and tying them up, Bind Benefits raises $60 million in new funding for its "on-demand" health insurance. Pretty curious about the actuarial principles behind that.
Tract Manager, which offers health systems contract and supplier management software and services, is buying Newport Credentialing Solutions, which helps systems track provider credentialing.
Grocery chain Albertson's is buying the rest of Rite Aid that was not purchased by Walgreens, for unclear reasons, in a multi-billion dollar transaction.
BurstIQ, gets a smart $5 million investment to support its health care data blockchain technology. We knew that new hype word would get to health care eventually.
Tract Manager, which helps health systems with purchasing and contract management, is acquiring Equipment Management, which offers the same customers capital equipment and servicing.
Health and fitness tracking wristband firm Fitbit is fit to be tied up, stringing along investors and roping them in with an acquisition of wellness firm Twine Health.
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.