Xerox, through its ACS division, has acquired ISG Services, a large workers' compensation program vendor which includes StrataCare and Bunch, for $225 million.
Research in the Journal of the American Medical Informatics Association studied the Veterans Health Administration electronic medical record system and found that EHRs are associated with frequent patient safety issues, some from poor user actions, but the majority from issues with the software itself.
Linden Care, a pain management specialty pharmacy and portfolio company of BelHealth, is acquiring Quick Care to expand its presence to the West Coast.
KPMG is buying Zannet Commercial Solutions, which provides health care information technology consulting to the health care industry, according to the Wall Street Journal.
According to a paper at the National Bureau of Economic Research, requiring insurers to allow children up to age 26 to be covered under their parents' insurance raised inpatient mental services use by 3.5% and overall mental health visits by 9%.
http://www.nber.org/papers/w20202
Jun192014
ClearCare has received an $11 million investment for its software service for home health care agencies.
A firm headed by the former chief of the HHS HIT office, Aledade, has received $4.5 million in seed money to help independent physicians create and operate ACOs.
Monroe Capital has lent $15.5 million to Pharos Capital to support that company's acquisition of Employee Benefit Solutions, a provider of wellness and cost management programs.
Private equity firm Genstar Capital is apparently going to sell Evolution1, a consumer-directed health plan payments company, for $535 million to WEX, Inc., a large publicly-held credit card company.
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. 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.