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Recent Health Care News

 

Aug 07 2015

Asian practice management and scheduling software vendor Practo gives a procto to investors, extracting $90 million in new financing.

http://medcitynews.com/2015/08/practo-raises-90m/?utm_source=MedCity+News+Subscribers&utm_campaign=21c3a74560-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-21c3a74560-67677117
Aug 06 2015

IBM demonstrates further floundering in the health care space by paying $1 billion for imaging system vendor Merge HealthCare.

http://www.modernhealthcare.com/article/20150806/NEWS/150809922?utm_source=modernhealthcare&utm_medium=email&utm_content=20150806-NEWS-150809922&utm_campaign=mh-alert
Aug 06 2015

Health Catalyst, which offers data warehousing and analytic capabilities, is buying HealthCare Data Works, which is in roughly the same business.  This overcrowded, low value, field is ripe for further consolidation.

http://medcitynews.com/2015/08/health-catalyst-buys-health-care-dataworks/?utm_source=MedCity+News+Subscribers&utm_campaign=b80e7cdaff-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-b80e7cdaff-67677117
Aug 05 2015

Premier, the hospital GPO firm, continues its expansion outside its core business by adding continuing medical education firm CECity for $400 million.

http://www.charlotteobserver.com/news/business/article29926483.html?utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_source=hs_email&utm_medium=email&utm_content=21083476&_hsenc=p2ANqtz-8SLXgBKcJgSHTT8qWsvqNTBVDE_mfYwPatM_twW4G033zUZRdqRSrjkEkbCX536J5NqPB8z-H3qQjjlsUG_PKHNcpw2662LKpxYevl3oWrm_ahObc&_hsmi=21083476
Aug 05 2015

Staffing company Team Health is acquiring hospitalist firm IPC Healthcare for $1.6 billion.

http://www.beckershospitalreview.com/hospital-transactions-and-valuation/teamhealth-inks-1-6b-deal-to-buy-ipc-healthcare-6-things-to-know.html
Aug 03 2015

Envision Healthcare, the large health care staffing company, is purchasing Rural/Metro, an ambulance services provider, for $620 million.

http://www.wsj.com/articles/envision-healthcare-to-buy-rural-metro-an-ambulance-services-provider-1438290169?mod=rss_Health
Aug 02 2015

Shocking, shocking news.  According to the Bureau of Labor Statistics, government employees have much better health benefits than private workers.  Can't last.

http://www.bls.gov/news.release/archives/ebs2_07242015.pdf
Aug 02 2015

Notwithstanding the 2.3% medical device tax in the reform law, a GAO study finds the profits for the industry have increased.

http://thehill.com/policy/finance/249881-gao-medical-device-profits-increasing
Jul 31 2015

Medical Transcription Billing, which does pretty much what its name suggests, has purchased the revenue cycle management assets of QHR.

http://www.4-traders.com/MEDICAL-TRANSCRIPTION-BIL-16933462/news/QHR-SELLS-RCM-ASSETS-TO-MTBC-20701358/
Jul 30 2015

According to research published in Health Affairs, use by dual-eligibles of Federally Qualified Health Centers was associated with a lower rate of hospitalizations and ER use.

http://content.healthaffairs.org/content/34/7/1147.abstract