According to Mercom Capital, venture funding for HIT was $956 million in 212 deals in the third quarter of 2014, compared to $1.8 billion in 161 deals in the second quarter. And there were about 55 M & A deals worth $4.7 billion in the third quarter.
Breg, owned by Water Street, has merged with United Orthopedic Group to create a company focussed on rehabilitative orthopedic products and services and sports medicine.
MergeWorthRx, which was formed to consolidate certain health care sectors, has acquired AeroCare, which is a leading provider of home respiratory services.
Alphaeon, which helps doctors provide wellness services and products to patients, has acquired exclusive license rights to TouchMD, which offers physicians products to help educate patients.
Someone needs to check the water in Silicon Valley, Thync has received $13 million for its wearable device that senses your mood and can supposedly apply ultrasound or electricity to make you feel calmer or more energetic. I am thyncing that the investors tried it on and it actually works to make you dumber.
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.