HealthChannels, which owns ScribeAmerica and helps providers with documentation and other revenue management issues, has been recapitalized (i.e. bought) by a PE firm.
SnapMD snaps its fingers and gets an additional $3.2 million in financing for the most confusing description I have seen of a business, but sounds something like creating virtual digital health clinics?
PeraHealth gathers $14 million in growth financing from a PE firm, enabling it to expand its analytics business that helps providers identify high-risk patients.
Aledade, which organizes and offers accountable care organizations for Medicare and commercial patients and payers, attracts $20 million in new financing.
Avalon HealthCare Solutions, which helps payers and providers use diagnostic tests cost-effectively, has raised an undisclosed amount of growth capital.
Price transparency, and not very transparent, firm Castlight is acquiring Jiff, a digital health benefits platform, for 27 million of its overvalued shares. Want a sign of what a desperate deal this is--Jiff shareholders are getting 20% of Castlight, a public company, while Jiff has $7 million in revenue to Castlight's still pathetic $102 million.
Specialty behavioral health pharmacy operator Genoa Healthcare has acquired Advanced Pharmacy Solutions, which is in the same business in a few southern states.
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.