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.
Clarify Health Solutions gathers $6 million in financing to provide analytics for hospitals, as far as I can tell. Despite the company's name, it is not clear to me what they actually will do or why it is any different that 1000 other analytics platforms.
In a somewhat complex maneuver, publicly health population health company ApolloMed and Network Medical Management, an IPA management company, are merging. The combined company will have revenues over $300 million and NMM shareholders will end up with over 80% of the merged entity.
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.