Gentem, which says it has a revenue cycle management software package to support physicians who want to practice independently, raises $3.7 million in capital. A twist is that the company will pay doctors the billed amounts upfront.
Socially Determined, which offers a health care analytics package to capitalize on the hype around supposed social determinants of health, gathers $7.3 million in new funding.
Virgin Pulse, an employee wellness firm, throbs with love for Blue Mesa, a digital diabetes wellness platform, although that fondness may plateau after a while.
I don't know what's wrong with Oviva, we just reported on a company that raised $93 million for a "digital" approach to treating Type 2 diabetes, and Oviva could only raise $21 million for the same thing.
https://techcrunch.com/2020/01/14/oviva/
Jan202020
There is nothing virtuous about Virta Health's overhyped claims to cure Type 2 diabetes with its digital coaching, etc approach, but the company continues to rack up investment, getting $93 million in a new capital round.
Modern Health gets money the old-fashioned way, raising $31 million in additional funding from venture capitalists to support its mental health benefits business.
Massimo, which provides devices for monitoring, is acquiring NantHealth's division which offers software and services around interoperability and data connections for medical devices, for about $47 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.