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Recent Health Care News

 

Jul 11 2019

Two companies involved in health care information sharing technology, Rhapsody and Corepoint Health, will make beautiful music together, as they merge into a single company.

https://www.pehub.com/2019/07/pe-backed-rhapsody-and-corepoint-health-will-merge/
Jul 09 2019

Carenet Health, which claims to do patient engagement, telehealth and clinical support, is acquiring Citra Health, which offers administrative and clinical software to providers and health plans.

https://carenethealthcare.com/carenet-expands-through-citra-health-acquisition/
Jul 09 2019

Net Health fishes up the best deal for Optima Healthcare Solutions, combining two providers of software for various providers, including specialty services and the post-acute care market.

https://www.nethealth.com/net-health-to-acquire-optima-healthcare-solutions-expanding-its-purpose-built-electronic-medical-record-platform/
Jul 08 2019

Pretentiously named Change Healthcare went public, raising around $750 million.  The firm offers IT systems for health care providers and data and analytic services.

https://www.changehealthcare.com/press-room/press-releases/detail/change-healthcare-inc-prices-ipo-and-concurrent-offering-of-tangible-equity-units
Jun 27 2019

Providence St. Joseph health system is buying an Epic consulting firm, Bluetree, which I assume may reflect some difficulty they are having with their EHRs.

https://www.modernhealthcare.com/mergers-acquisitions/providence-st-joseph-health-acquire-epic-consulting-firm?utm_source=modern-healthcare-alert&utm_medium=email&utm_campaign=20190627&utm_content=hero-headline
Jun 27 2019

Inbox Health, which, oooohhh, claims to be both a digital health and a fintech company, isn't that incredible, raises a not so incredible $4.4 million financing round for its communication platform to help providers with patient billing.

https://www.prweb.com/releases/inbox_health_closes_4_4_million_funding_round_to_reinvent_patient_billing_and_payments/prweb16400002.htm
Jun 27 2019

Telehealth oriented urgent care provider Remedy cures its need for financing with a $10 million round of funding.

https://www.mobihealthnews.com/news/north-america/house-call-video-conference-platform-remedy-raises-10m
Jun 27 2019

Disease management vendor Omada Health has secured yet another large round of financing, $73 million worth.  Lot of hype around the new generation of disease management vendors, but I predict the same outcome in terms of value to patients and payers and returns to investors--not much.

https://medcitynews.com/2019/06/omada-raises-73m-series-d-led-by-wellington-management-company/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=74115141&_hsenc=p2ANqtz-8wI_v5cTwVOzX63zMH8Yg_ps31vcVOsU0VRibdkPmSBJgEUv3cGv2gnURbQckDh09n2p3wmAAKaQehiIdrTYRHQkID07Ph8dRU2l0QFqGqkhf-f4A&_hsmi=74115141&rf=1
Jun 26 2019

A Transunion study indicates the patients are continuing to see a rise in the share of medical costs that they pay, particularly for inpatient services, as the average cost-share rose from around $4100 in 2017 to  $4650 in 2018.

https://www.globenewswire.com/news-release/2019/06/25/1873492/0/en/Out-of-Pocket-Costs-Rising-Even-as-Patients-Transition-to-Lower-Cost-Settings-of-Care.html
Jun 25 2019

Vynca which helps health care organizations design end-of-life care plans, has raised $10.3 million in new capital.

https://medcitynews.com/2019/06/advance-care-planning-funding/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73967754&_hsenc=p2ANqtz--_WyBFYkrZpth42uV55wRa-uq17hI5o72mjLmkKG4AmUleRA6iYgH-6ezG_1TcbcpxBaOckxAJ94us6EeLQYt_20TmGJQS-g4evAn4T_CsM4c4bRA&_hsmi=73967754
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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.

Healthy Skeptic Podcast

Research

This is an outstanding report on total global drug spending and trends, with projections out to 2025.  It helps you understand this important area of health care, which does much...
June 1, 2021
The Office of the Actuary annual report on national health spending, covering 2018.
December 7, 2019
2019 Kaiser Family Foundation Employer Health Benefits Report
October 1, 2019
MedPAC 2019 Report to Congress
June 18, 2019

Headlines

Eight Sleep, another one of those weird names that litter health care, raised a new round of capital which supposedly values the company at $1.5 billion.  Eight Sleep sells sleep...
March 10, 2026
Simplistically, high health spending is due to high hospital prices, which is due to excessive market power.  An article shows just how concentrated most US hospital markets are.   In...
March 10, 2026
Mental health companies are very hot.  Virtual mental health services provider Talkspace is being bought by hospital operator Universal Health for around $835 million, a high multiple of revenue and...
March 10, 2026
There are so many health care companies that people struggle to come up with names and we end with weird stuff like Grow Therapy, which nonetheless raised $150 million to...
March 4, 2026

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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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