Concentra, a large workers' comp and urgent care clinic provider, and U.S. Healthworks, another vendor of onsite occupational health clinics, are being merged by their respective PE owners in a transaction valued at around $750 million.
https://www.pehub.com/2017/10/concentra-and-u-s-healthworks-to-merge/A study in the Annals of Emergency Medicine found that in the New Haven area, Medicaid patients waited substantially longer than did commercial ones to get a followup appointment at most physician practices, although they had shorter waits for a more serious issue, hypertension, than for one like back pain. Helps explain ER misuse and demonstrates impact of low reimbursement rates.
http://www.annemergmed.com/article/S0196-0644(17)31529-9/abstractIn a very complex transaction, patient engagement vendor MedHelp is being split between disease and health management vendor Staywell, which is itself majority owned by Merck and which is acquiring disease management focused-apps from MedHelp, and consumer health website vendor Vitals, which is acquiring the similar parts of MedHelp.
medhelp staywellTelemedicine provider Avizia has acquired Carena, which also offers hospital telemedicine support services.
BaseHealth raises $8.5 million in new funding to support its software that identifies patients at risk for developing chronic diseases.
https://medcitynews.com/2017/10/basehealth-series-c/?_hsenc=p2ANqtz-_7AU2swyv3EucXneid4MWWNyh-zBVBnoBTvCDe4BW-Ar17Nq921yESiRrLhVLUVtvG6SAsIfcJtuKbPTZKGFfsFPg9UitHhSaPwNNeK0QftpnJtI0&_hsmi=57529182&rf=1Large workers' comp managed care vendor Mitchell International has acquired Consumer Health Connections, which provides telehealth services for the workers' comp market.
http://www.businessinsurance.com/article/20171016/NEWS08/912316545/Claims-manager-Mitchell-invests-workers-comp-telehealth-Consumer-Health?utm_campaign=BI20171018WorkersComp&utm_medium=email&utm_source=ActiveCampaignWellness and analytics provider Welltok pays $80 million to acquire Tea Leaves Health, which offers "engagement" software for hospitals to connect with physicians and consumers.
https://medcitynews.com/2017/10/welltoks-80m-acquisition-gains-access-hospitals/?_hsenc=p2ANqtz-9p-uER5ZxeSGGVs7RzBLwaIyMsAa9wBMCoLGhpxURhM7UORsGCvnKtJLL9ZsdAfWxVZlmxjK0TbroTOjiSWJXl2Hl_glqmTALB_ogse70tj5LGmXc&_hsmi=57287968&rf=1Here is another firm trying to acquire its way to success. Atos, a French IT outsourcing firm, is buying three US health IT consultants, Pursuit Healthcare, Conduent Healthcare Provider Consulting and Conduent Breakaway.
https://atos.net/en/2017/press-release_2017_10_04/atos-acquires-3-key-healthcare-consulting-companies-usDon't be a fool, invest in JOOL, its a gem, get it. Apparently some investors did, shining up JOOL Health with $4.5 million in capital, apparently, as best I can tell from the gibberish in the press release, for something that has to do with digital and patient engagement.
https://www.joolhealth.com/blog/press-releases/jool-health-closes-4-5m-series-seed-preferred-round/Express Scripts is buying EviCore for $3.6 billion. The purchase suggests that ESI recognizes that the PBM business is losing steam and facing price pressures and a move to broader care management capabilities may provide better future returns.
http://phx.corporate-ir.net/phoenix.zhtml?c=69641&p=irol-newsArticle&ID=2305687About this Blog
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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