Babel Health speaks a language investors understand, securing $5 million in funding to help with risk adjustment and encounter submission for MA and similar plans.
Bon Secours Mercy Health, a large multi-state hospital group in selling a majority interest in a subsidiary that does revenue cycle management to a PE firm.
Phillo Health, which offers a digital assistant platform to monitor and communicate with patients in their homes, has bedded down a comfy $11 million in new capital.
Apple polishes up its health industry offerings, buying asthma monitoring firm Tueo Health for an undisclosed sum. The large tech firms continue to show an interest in figuring out how to play in health care.
EvidenceCare, a vendor of clinical decision support and revenue optimization (i.e., upcoding) software for hospitals, evidently is cared for by investors, hustling up a fresh $7.3 million in financing.
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.