Headlines

Jan 15 2020

Concerto HealthAI orchestrates a fresh $150 million in funding for its platform to provide real world evidence for precision oncology.

https://www.concertohealthai.com/press-and-media/concerto-healthai-raises-150-million-in-series-b-funding

Jan 14 2020

Vesta Healthcare, a provider of support software for informal caregivers, has gathered up $30 million in capital.

https://www.bakersfield.com/ap/news/vesta-healthcare-announces-million-series-a-led-by-oak-hc/article_51cafa29-cf35-55d0-8d4b-edd7d97d1373.html

Jan 14 2020

CredSimple becomes more believable, combining with Glenridge Health to create a more complete credentialing and provider network management solution.

https://www.prnewswire.com/news-releases/credsimple-acquires-glenridge-health-to-build-the-industrys-most-comprehensive-end-to-end-provider-network-management-solution-300985982.html

Jan 14 2020

Revenue cycle management vendor R1 RCM is acquiring SCI Solutions, which sells patient scheduling software, for $190 million.

https://www.r1rcm.com/news/r1-announces-agreement-to-acquire-sci-solutions

Jan 13 2020

Another minute, another analytics company getting big bucks, as Arcadia Health raises $29.5 million in new capital for its version of analytics to help health systems aggregate data and spot areas for performance improvement.

https://medcitynews.com/2020/01/cigna-ventures-leads-29-5m-funding-in-healthcare-analytics-company/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81813316&_hsenc=p2ANqtz--uaddBADxNazP3_Zy68p593_j4qD_-b2dDHGAyN6DzxC2NogJCIpBo9ZxxhoBluRLJxpYr12vMYjXFhufmaeM519LEWtmkDTKLQHt9GsYO8ulJ-ZA&_hsmi=81813316&rf=1

Jan 13 2020

Covera Health blankets investors with an appeal resulting in $23.5 million in new capital to support its clinical analytics business focused on correcting mis-diagnoses.

https://www.businesswire.com/news/home/20200109005631/en/Clinical-Analytics-Leader-Covera-Health-Closes-Series

Jan 13 2020

Telemedicine vendor Teladoc is acquiring InTouch Health, a competitor, for $600 million. For that price it gets only about $80 million in revenue. This is a typical trajectory and one that should concern investors. Telemedicine has potential and can add value to the system but it is highly hyped. So companies feed on that hype, get a high value, can't really generate the revenue, or certainly the profit expected, and then start doing acquisitions to divert attention and try to create something that can generate a return.

https://medcitynews.com/2020/01/teladoc-to-acquire-intouch-health-for-600m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81813316&_hsenc=p2ANqtz--uaddBADxNazP3_Zy68p593_j4qD_-b2dDHGAyN6DzxC2NogJCIpBo9ZxxhoBluRLJxpYr12vMYjXFhufmaeM519LEWtmkDTKLQHt9GsYO8ulJ-ZA&_hsmi=81813316&rf=1

Jan 09 2020

Komodo Health dragoons investors out of $50 million in new capital for its "living map" of clinical data that will supposedly transform health care. Heard that before?

https://medcitynews.com/2020/01/startup-building-living-map-for-healthcare-raises-50m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81682331&_hsenc=p2ANqtz--GiEdrFM8JtiGx80-WTWqrS3n9YMl1BB_v__mPr3REJmC1kow-TNRvg4x_eNiDGUhTTSqi3njsq1b5uqRlFyawrhbtuMLBS7kQvkq6Wtb9OV6M3yo&_hsmi=81682331

Jan 08 2020

Pieces Technologies tries to make a whole, or fill a hole, getting $25.7 million in new funding for its software that collects data about patients from non-health sources, like food banks and job assistance services. The latest in the social determinants of health fad.

https://medcitynews.com/2020/01/startup-that-pieces-together-data-from-hospitals-community-raises-25-7m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81624736&_hsenc=p2ANqtz-8IGkylRHBoWoN7q-nTpYKuKIJNUx6kul9i2Ws1Qk5CjDkMYjNt7vjY_Xkif0GD0_y1v6OBBMGiRPtFB8fV0hjpr7qsy9nHzvBR0KBYdwd8BLvP79Q&_hsmi=81624736&rf=1

Jan 08 2020

Bright Health smartly makes and intelligent move and lightens things up by buying California-based Brand New Day health plan.

https://www.prnewswire.com/news-releases/bright-health-to-expand-into-california-through-planned-acquisition-of-brand-new-day-health-plan-300983094.html