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Recent Health Care News

 

Dec 11 2019

A private equity firm has combined two firms specializing in delivering pharmacy services to patients served by community health centers--Long's Drugs and PharMedQuest Pharmacy Services.

https://www.kinderhook.com/press-release/kinderhook-recapitalizes-longs-and-pharmedquest-to-create-leading-covered-entity-pharmacy-services-provider/
Dec 10 2019

A private-equity firm is buying Centria, a vendor of autism treatment services, for around $415 million.

https://www.pehub.com/thomas-h-lee-partners-buys-centria-in-400-mln-plus-deal/?utm_source=sailthru&utm_medium=email&utm_campaign=pe%20hub%20wire%202019-12-10&utm_term=pehub%20wire
Dec 09 2019

And the big just keep getting bigger, as OptumRx, the UnitedHealth unit, is buying Diplomat, a specialty pharmacy and infusion vendor, for around $4 a share.

https://www.businesswire.com/news/home/20191209005205/en/Diplomat-OptumRx-Combining-Advance-Access-Specialty-Pharmacy
Dec 05 2019

Mitchell/Genex, a vendor of managed care and other services for workers' compensation and other insurers, is acquiring CompAlliance, which performs case management for workers' compensation plans.

https://www.businessinsurance.com/article/20191203/NEWS08/912331999/MitchellGenex-acquires-managed-care-services-firm?utm_campaign=BI20191204WorkersComp&utm_medium=email&utm_source=ActiveCampaign&utm_campaign=BI20191204WorkersComp&utm_medium=email&utm_source=ActiveCampaign
Dec 03 2019

As part of its effort to close the WellCare acquisition, Centene is selling its Illinois health plan to CVS/Aetna for an undisclosed amount.

https://www.reuters.com/article/us-wellcare-health-m-a-centene/centene-to-sell-illinois-health-plan-unit-to-cvs-to-aid-merger-with-wellcare-idUSKBN1Y614D
Dec 03 2019

Trilliant is brilliant, getting a "major" but undisclosed investment from a PE firm to support its business of helping hospitals grow revenue.

http://astartemedical.com/pr-newswire-2/
Dec 03 2019

HMS Holdings, a payment integrity vendor, has acquired Accent for $155 million, which also offers payment integrity solutions.

https://www.healthdatamanagement.com/news/hms-buys-accent-for-155m-to-expand-offerings-for-health-plans
Dec 02 2019

Presidium Health, a vendor of mobile health management services for treating complex patients at home, has raised $3.5 million in initial capital.

https://www.businesswire.com/news/home/20191119005049/en/Presidium-Health-Announces-Series-Funding
Dec 02 2019

Astarte Medical makes a start by getting an initial $3.5 million in capital for its software and analytics to help manage the care of premature infants.

http://astartemedical.com/pr-newswire-2/
Nov 22 2019

Continuing a trend of firms focusing on minute body systems, a company called EBT has raised $10 million for "pelvic health".  Apparently they use neuromodulation to calm an overactive bladder.  I would like to announce that I am starting a new company and would happily take even $5 million in financing  for it.  I have noticed that people often have problems in the webby spaces between their toes and fingers.  So I am starting a digital web health company.  Notice I already have two of the necessary buzz words in there.  I also intend to be disruptive and I will use analytics and big data and I am sure machines can learn something about this and any intelligence applied to the area will definitely be artificial.  Send checks or Paypal, Applepay, whatever, as soon as possible.  I guarantee the same return you will get from investing in other companies with  similar descriptions of their business.

https://www.richmond.com/news/national/ebt-secures-usd-m-series-a/article_008ef005-7442-5871-b4f7-57e373762892.html
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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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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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