CareDx, which claims to be a leader in precision medicine, diagnoses its problem and acquires a solution, buying XynManagement, which helps track transplant supplies and quality.
Michigan health plans Priority Health and Total Health Care are merging, new name probably to be Total Priority, which may or may not refer to quality of care members will receive.
A PE firm is buying a majority interest in Pareto Captive, which helps self-funded employers band together to organize captive benefits insurers. The price apparently was in excess of $200 million.
MDClone copies a well-used route to success, raising $26 million in capital, by claiming to create the "first of its kind platform which democratizes data to the entire healthcare ecosystem". Uhh, wow, I think I should be impressed, at least by the level of hype. Oh wait, it uses "synthetic data". Hmmm, doesn't that mean artificial? So you are democratizing fake data? Oh gosh, now I am just confused, but then I am obviously not as smart as the investors who fall for this stuff.
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.