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Recent Health Care News

 

Jan 27 2020

Aver swears that it has raised $27 million for its software to help providers administer and manage bundled payments.

https://www.bizjournals.com/columbus/news/2020/01/17/columbus-health-it-company-aver-raises-27.html
Jan 24 2020

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.

https://www.mobihealthnews.com/news/virgin-pulse-acquires-diabetes-startup-blue-mesa-health
Jan 21 2020

Health Scholars, which provides virtual reality training for health care clinicians, secured $17 million in new capital.

https://www.mobihealthnews.com/news/north-america/vr-medical-training-company-health-scholars-lands-17m
Jan 20 2020

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/
Jan 20 2020

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.

https://hitconsultant.net/2020/01/10/virta-health-t2d-series-c-funding/#.XiRwsC3Mzs0
Jan 17 2020

Modern Health gets money the old-fashioned way, raising $31 million in additional funding from venture capitalists to support its mental health benefits business.

https://www.forbes.com/sites/alexandrawilson1/2020/01/15/exclusive-on-the-heels-of-cofounder-lawsuit-modern-health-raises-31-million-in-fresh-funding/#7930869a7d51
Jan 16 2020

Medsphere, which offers practice management software to providers, has raised $40 million in new capital.

https://www.pehub.com/tpg-sixth-street-backs-medsphere/?utm_source=sailthru&utm_medium=email&utm_campaign=pe%20hub%20wire%20healthcare%202020-01-16&utm_term=pehub%20healthcare%20wire
Jan 15 2020

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.

https://www.massdevice.com/masimo-to-acquire-nanthealths-connected-care-business/
Jan 15 2020

DrChrono doctors up some new financing, $20 million worth, for its "essential platform and services for modern medical practices to make care more informed, more interactive and more personalized."  You can't make this up, I can't make this up, but apparently someone at the company can.  What they really do is over scheduling software, nothing wrong with that, a very basic need and something you should be proud of, so why not just say that.

https://www.globenewswire.com/news-release/2020/01/13/1969660/0/en/DrChrono-Raises-20-Million-Growth-Capital-Round-to-Accelerate-Growth.html
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
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About this Blog

Kevin RocheThe 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.

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Research

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2019 Kaiser Family Foundation Employer Health Benefits Report
October 1, 2019
MedPAC 2019 Report to Congress
June 18, 2019

Headlines

A company called Whoop raised a ridiculous $575 million in new capital at a supposed $10 billion valuation.  The press release was released on April 1, so I would like...
April 5, 2026
Big deals continue in health care financings.  eMed, which manages weight loss medications for employers, raises a hefty $200 million, giving it a valuation of $2 billion, which seems crazy....
March 31, 2026
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March 18, 2026
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About This Blog

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 through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com. © Roche Consulting, LLC. Terms of Use.

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