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Recent Health Care News

 

May 06 2014

Voluntis has raised $29 million for its "therapeutic companion software" (a digital sex doll?).  I know I am being flip today, but if I can't read a press release and understand what the company really does, or if it is nothing but the latest buzz words, the communication wasn't too good.

http://www.voluntis.com/pdf/news/Voluntis%20raises%20_%2020.75%20million.pdf
May 06 2014

The sovereign Kuwati Investment Authority has invested $100 million in NantHealth, a "cloud-based, transformational healthcare IT company".  Wait, where's the mobile app?  I am sure they can transform those dollars into some dreamy clouds.

http://www.hispanicbusiness.com/2014/5/4/sovereign_wealth_fund_kia_makes_100.htm
May 06 2014

Accolade, a provider of software to help consumers navigate the health system (aaaahhhhhh!) has acquired konciergeMD, which does something similar.  (What the company didn't have enough "capital"?  Apparently not, at least on the front end.)

http://www.bizjournals.com/philadelphia/blog/health-care/2014/04/accolade-buys-newtown-square-software-company.html
May 06 2014

Merck is selling its non-prescription, consumer products lines to Bayer for $14 billion.

http://www.pehub.com/2014/05/merck-co-sells-consumer-unit-to-bayer-for-14-bln-reuters/
May 06 2014

QPID Health, which makes a software tool to help hospitals assess surgery risks, has raised $12 million.

http://medcitynews.com/2014/05/qpid-health-series-b-rakes-12-3-million-surgery-risk-assessment-platform/?utm_source=MedCity+News+Subscribers&utm_campaign=342b5454cc-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-342b5454cc-67648197
May 05 2014

RedBrick Health has raised $7.5 million, part of an intended larger financing, but oddly one of the purposes of the investment is said to be to pay executives and other employees.  Weird.

http://www.bizjournals.com/profiles/company/us/mn/minneapolis/redbrick_health_corp/3317528
May 05 2014

Summit Partners, a large private equity firm, is acquiring all of MDVIP from Proctor & Gamble, which Summit had originally capitalized.

http://www.marketwired.com/press-release/summit-partners-to-acquire-mdvip-nyse-pg-1905779.htm
May 05 2014

A report from IHS Technology predicts that the home health care technology market will be worth $5.8 billion by 2018.

http://www.modernhealthcare.com/article/20140505/NEWS/305059945?AllowView=VDl3UXk1TzhDdkdCbkJiYkY0M3hlMGFwaWtVZER1TT0=&utm_source=link-20140505-NEWS-305059945&utm_medium=email&utm_campaign=hits&utm_name=top
May 05 2014

Huron Consulting, which has a very large health care IT consulting segment, has acquired Vonlay consulting, which assists providers in implementing EHRs.

http://www.modernhealthcare.com/article/20140505/NEWS/305059945?AllowView=VDl3UXk1TzhDdkdCbkJiYkY0M3hlMGFwaWtVZER1TT0=&utm_source=link-20140505-NEWS-305059945&utm_medium=email&utm_campaign=hits&utm_name=top
May 01 2014

Cigna has said that its first wave of enrollees from the public insurance exchanges have higher health care costs than anticipated.  Other insurers have indicated they think they anticipated costs and priced right, but we will see.

http://finance.yahoo.com/news/cigna-profit-beats-expectations-helped-104523459.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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2019 Kaiser Family Foundation Employer Health Benefits Report
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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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