Altruista Health, a population health services vendor for health plans and providers, has received an undisclosed amount of new capital, undoubtedly for altruistic reasons, or at least it will ultimately feel that way to the vendor.
PE firm New Mountain Capital has facilitated a merger between Equian and Trover Solutions to create a larger entity focused on claims and payment-based cost control solutions for health care payers.
naviHealth, a Cardinal subsidiary which works on post-acute care management, has acquired RightCare Solutions, which provides software to assist in avoiding readmissions.
Oration announced that it has raised $11.2 million to help employers control prescription costs, coming out of "stealth" mode, or maybe just nobody cared.
Health plan company Clover Health gets a honey of a deal with $35 million more in investment, a lot of which is apparently being used to create absurd PR, just read the press release. According to Clover it is the "first and only health insurance company successfully using technology to improve health outcomes." There are a only a few hundred health plans that would beg to differ. Please, especially during the holidays, spare us the gagging BS.
And in yet another study in Health Affairs indicating the harms of hospital consolidation of medical services, ambulatory surgery centers raised prices much less in the last few years than did hospital outpatient departments providing the same services.
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.