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Recent Health Care News

 

Aug 30 2019

Thread, a data capture platform for in-person and virtual life sciences research visits, stitches together a deal and sews up a recap by two PE firms.

https://medcitynews.com/2019/08/private-equity-companies-acquire-virtual-research-firm-thread/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=76169565&_hsenc=p2ANqtz--xpNbwprZyYgvRqvx5hoSK9a3DMlR_1OoEyF6S5ay3z0_OXGtrLjvq92-Rk6zwTZvLN-yG6WX-iEnw963M0SG1C87YlQJrRvcKfq0PvwWjPVkoYt4&_hsmi=76169565&rf=1
Aug 30 2019

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.

https://www.modernhealthcare.com/mergers-acquisitions/priority-health-total-health-care-merge-southeast-michigan?utm_source=modern-healthcare-am-thursday&utm_medium=email&utm_campaign=20190828&utm_content=article5-headline
Aug 29 2019

PeerWell is on the mend with a fresh $6.5 million for its app that helps patients prepare for orthopedic surgery.

https://www.prweb.com/releases/patient_engagement_leader_luma_health_raises_16_million_to_accelerate_delivery_of_modern_patient_access_technology/prweb16518001.htm
Aug 29 2019

Luma Health lights it up, raising $16 million to support growth of its patient engagement platform for health care providers.

https://www.prweb.com/releases/patient_engagement_leader_luma_health_raises_16_million_to_accelerate_delivery_of_modern_patient_access_technology/prweb16518001.htm
Aug 26 2019

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.

https://www.pehub.com/buyouts/bostons-great-hill-partners-wins-auction-for-pareto-captive/?email=khroche%40gmail.com
Aug 26 2019

GoHealth, which helps consumers shop for health insurance, is apparently being purchased by a PE firm for around $1.5 billion.

https://www.pehub.com/buyouts/centerbridge-invests-in-gohealth-after-renegotiating-terms-of-1-5-bln-transaction/
Aug 23 2019

Protenus (no they don't sponsor Wimbledon), a vendor of health care compliance software, has raised a fresh $17 million in capital.

https://www.prnewswire.com/news-releases/healthcare-embracing-new-era-of-compliance-and-analytics-300904104.html
Aug 23 2019

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.

https://www.prnewswire.com/news-releases/mdclone-developer-of-first-healthcare-synthetic-data-engine-raises-26-million-300906058.html
Aug 20 2019

Telus Health, a subsidiary of the large Canadian telecommunications company, tells us that it is buying the combined Akira/Right Health firm, a vendor of virtual care software.

https://www.pehub.com/canada/2019/08/telus-health-buys-igan-partners-backed-akira-and-right-health/
Aug 20 2019

Hold on to your hats, the world of health care is being transformed, by the transformative merger of iGambit and Clinigence, or at least that is what the press release says.  The former is a health risk assessment platform and the later does population health analytics.

https://www.igambit.com/blog
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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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Research

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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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