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Recent Health Care News

 

Dec 18 2019

Bright Health, a new health plan company focussed on narrow network products, secures an additional $635 million in financing, bringing its total to over a billion in capital.  Be interesting to see if they can ever generate a return on that.

https://www.prnewswire.com/news-releases/bright-health-announces-635m-series-d-funding-led-by-nea-300975710.html
Dec 17 2019

Humana is buying hospice pharmacy and PBM operator Enclara for an undisclosed sum.

https://www.fiercehealthcare.com/payer/humana-announces-deal-to-purchase-hospice-pbm-enclara-healthcare?mkt_tok=eyJpIjoiTURFd05EVTJaVEl3TTJJeCIsInQiOiJxYU1rVjQxTXFrY2ZwN2s5Q3dqaGdGV3ZySFlKblNWY2ZcL3F4TWdGZlBtSkZoeVBFMXphV1lqaHphN1Z1bGNRK2JBYzdoVW5GdzFtTGtQcWJIcFRMSXhNeXpmYzVWMmlhWDZXRWIrS2VLUGYxcXVFMkVrTjVrR2x2bTgrNDNqdEoifQ%3D%3D&mrkid=635530
Dec 17 2019

As seems to often be the case these days, at least until Elizabeth Warren is elected, a health care business is being sold by one private equity firm to another, this time it is EyeCare Partners, going for about $2.2 billion.

https://www.wsj.com/articles/partners-group-buys-u-s-eye-care-company-in-2-2-billion-deal-11576516689
Dec 17 2019

A study in Health Services Research finds that a hospital and a skilled nursing facility having a shared EHR for information exchange is not associated with reduced readmissions.

https://onlinelibrary.wiley.com/doi/abs/10.1111/1475-6773.13210
Dec 17 2019

Two providers of health trauma registries are combining, as ESO, which also sells a variety of emergency medical services related software, is acquiring Clinical Data Management.

https://www.eso.com/news/press-releases/eso-acquires-clinical-data-management/
Dec 16 2019

Caresyntax speaks to investors, raising $45.6 million in new capital for its software platform that helps manage surgeries.

https://www.bloomberg.com/press-releases/2019-12-12/caresyntax-raises-45-6-million-in-fresh-capital-bringing-total-to-77-5
Dec 16 2019

Zero Card gets something instead of nothing:  $7 million in funding for some kind of a goofy card that lets employers let employees let providers get a bundled payment, or something like that, but it is definitely going to disrupt, or is it erupt, anyway, just read the press releases, I am sure you will be impressed.

https://finance.yahoo.com/news/zero-card-announces-7m-series-170000597.html
Dec 13 2019

NextGen Healthcare, an EMR and practice management software vendor, is acquiring Otto Health, a provider of telemedicine software.

https://www.nextgen.com/-/media/files/press-releases/18581.pdf
Dec 13 2019

VirTrial, a vendor of software for clinical trials, has acquired SnapMD, which makes a telemedicine platform for providers.

https://snap.md/snapmd-completes-soc-2-and-hitrust-examinations-of-health-data-security-and-controls-2/
Dec 13 2019

Yet another firm to supposedly to facilitate sharing of information in the health system, Bridge Connector, has raised $5 million in new capital.

https://medcitynews.com/2019/12/with-5m-investment-bridge-connector-readies-new-product-to-tackle-interoperability/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=80738274&_hsenc=p2ANqtz-_butUINHNKUElB6jQW1FOqpmUlAGHgP8O6pFgEuhY-ybkG3Xq0ia8YjAnYprvnwP4_MgKyQB1ub2rwetqHO26sZdh3yClpi_In9smnW4-ZkWi1OD8&_hsmi=80738274&rf=1
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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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The Office of the Actuary annual report on national health spending, covering 2018.
December 7, 2019
2019 Kaiser Family Foundation Employer Health Benefits Report
October 1, 2019
MedPAC 2019 Report to Congress
June 18, 2019

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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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