As is usually the case in health care, the big just keep getting bigger. UnitedHealth Group's Optum division is buying NaviHealth, which helps manage post-acute care for Medicare Advantage members.
Another typical post. For new readers, this blog usually is all health care business, policy, and research and one staple is me making fun of the ridiculous names people put on their start-up health care companies. Wellth, which uses behavioral economics to encourage better treatment plan aherence, has raised $10 million in new financing. Now normally I would find a pun or something that I at least think is clever about that name, but right now I am multi-tasking listening to the daily coronavirus briefing, and that is just depressing.
Yikes, another non CV item. Change Healthcare, which offers a variety of health care analytics and administrative services, is buying an e-prescribing business for $213 million and selling one analytics unit to Kaufmann Hall.
Look, a non-coronavirus item. Medicaid health plan operator Molina is buying Magellan's health plan business and its care management and PBM businesses for around $820 million.
Fruit Street goes bananas, becoming the apple of investor's eyes and raising a fresh $17 million in financing for its diabetes prevention program. Hope investors don't end up with sour grapes. Orange you glad I did this post.
Telehealth Solution, which offers telemedicine capabilities in institutional settings, has received an undisclosed amount of additional capital from a private equity firm.
In this environment, I am impressed if anyone is raising money, but AristaMD garnered $18 million in capital for its software that assists in performing eConsults.
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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