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Recent Health Care News

 

Apr 19 2017

PE firm Warburg Pincus has purchased a controlling interest in urgent care center operator CityMD.

http://www.modernhealthcare.com/article/20170418/NEWS/170419866?utm_source=modernhealthcare&utm_medium=email&utm_content=20170418-NEWS-170419866&utm_campaign=financedaily
Apr 19 2017

A provider of software and apps that help consumers resolve medical claim issues, Better, gets financially better by adding $1.1 in financing.

http://medcitynews.com/2017/04/better-raises-1-1m-service-help-individuals-correct-secure-health-insurance-claims/?utm_source=hs_email&utm_medium=email&utm_content=50915117&_hsenc=p2ANqtz-9rRSbbv3DwOwHxrqEQ2qDchsIE5IIGSrmq87ljXVxmxhdZP9K2Yrr4i33LeMJOui2-3M-3Hj2siSYK_IO3n6Zk1NcbR_jIA3xV3Ek6VJTT8p3FcIg&_hsmi=50915117&rf=1
Apr 18 2017

Cardinal Health is acquiring much of Medtronic's medical supply business for around $6.1 billion, relieving Medtronic of a poorly-fitting business that came with its Covidien acquisition.

http://www.modernhealthcare.com/article/20170418/NEWS/170419874?utm_source=modernhealthcare&utm_medium=email&utm_content=20170418-NEWS-170419874&utm_campaign=financedaily
Apr 18 2017

Intermedix buys WPC Healthcare, marrying a vendor of emergency services software with a data analytics company that works to predict patient outcomes.

https://www.intermedix.com/news/intermedix-continues-its-investment-in-health-care-data-analytics-and-machine-learning-with-acquisition-of-wpc-healthcare
Apr 18 2017

Ability Network, which offers technology for health care administrative tasks, demonstrates an ability to sniff out a good deal, hounding ShiftHound til the health care technology workforce manager agrees to be bought.

https://globenewswire.com/news-release/2017/04/03/953691/0/en/ABILITY-Network-Acquires-ShiftHound.html
Apr 18 2017

Predictive analytics company OM1 raises $15 million in new financing, as investors meditate on its chances for success.

http://bostinno.streetwise.co/2017/04/06/general-catalyst-leads-15m-for-om1-predictive-healthcare-analytics/
Apr 18 2017

My BS meter went way up on this one.  India-based company Practo Technologies, which offers a health care technology platform and has raised a lot of money to support it, is laying off 150 employees in what it referred to as part of the annual appraisal process.  Uhhh, we appraise that our company isn't doing very well, so we don't need you any more.

http://economictimes.indiatimes.com/small-biz/startups/practo-technologies-sacks-150-employees-as-part-of-annual-performance-cycle/articleshow/58056510.cms
Apr 17 2017

A Mercer survey finds that over half of all large employers offer a high-deductible plan, but only 1/4 of workers enroll in them.  Only 6% of large employers make it the only choice, even though the plans lower cost.

https://www.mercer.com/content/dam/mercer/attachments/private/gl-2017-health-national-survey-infographic-series-mercer.pdf
Apr 17 2017

CloudVault health leaps to the sky with a $2.6 million funding round for its health system security technology.

http://www.24-7pressrelease.com/press-release/cloudvault-health-announces-26-million-series-a-funding-round-436685.php
Apr 17 2017

Okay, its getting weird out there, or maybe wired.  Palarum secures $3.4 million to develop products with a fabric that will monitor and report patients' movements.  Its an IoT play.  ooooohhhhh

https://www.newswire.com/news/new-healthcare-iot-company-focused-on-patient-safety-secures-3-4m-in-19186956
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About this Blog

Kevin RocheThe 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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About 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 through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com. © Roche Consulting, LLC. Terms of Use.

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