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Physicians Interactive, a marketing firm for providers, is acquiring Quantia, MD, which sponsors a web and mobile meeting place for physicians.
http://www.prnewswire.com/news-releases/physicians-interactive-continues-growth-with-acquisition-of-quantia-inc-300117604.html
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
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
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
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
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
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
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
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
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/
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.