Digital patient engagement platform vendor Zillion Group gets not a trillion, not a billion, but $28 million in new capital, which seems like $27.9 million too much.
According to research firm Markets & Markets, the North American HIT market will have revenue of $104 billion by 2020, and I am sure buyers will feel like they got every penny worth of value.
EHR vendor athenahealth is buying Patient IO, a care coordination platform used to engage patients in their health needs. EHR vendors are all trying to create more one-stop HIT shopping for their customers, and generally doing a lousy job at it.
Yet another PE firm is recapping Matrix Health, the vendor of Medicare risk adjustment services. This time it is Frazier Healthcare in a deal reportedly worth $418 million.
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.