It just gets better all the time. A company called CareCam has raised $2.4 million for its business of having patients take "video selfies" to demonstrate compliance with treatment plans. Oh, but wait, the company had earlier raised $21 million!! The apocalypse is near.
I swear to God I do not make this stuff up. A company called Evermind has raised $2.5 million to turn appliances like coffee makers or TVs into health monitors. I think maybe we should rename the company Nevermind, and that is certainly what the investors should do.
New Mountain Capital, a private equity firm, has acquired HealthPort, which provides services related to the security of health information and responding to medical record requests.
Aetna, which a couple of years ago acquired Medicity, has acquired another exchange IT vendor; this time bSwift, for $400 million. Competing with the benefit consulting firms in this area, however, is going to be difficult for Aetna and the other payers.
In a startling demonstration of just how slow the basic lab test business has become, LabCorp is planning to buy Covance, a large clinical research organization, for $6.1 billion. While there is some synergy, since lab tests are a part of most drug and device testing, this is a big bet on striking out in a new direction.
Lockheed Martin is buying Systems Made Simple to boost its government health information technology business. Just what we need, the cost overrun specialists who do government defense contracting to do more expensive and unworkable government HIT>
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.