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Recent Health Care News

 

Jun 18 2019

Collective Health has raised a massive $205 million round of new capital, as it grows its third-party administrator business for employee health benefit plans.

https://medcitynews.com/2019/06/collective-health-raises-205m-series-e-led-by-softbank-to-reduce-healthcares-complexity/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73783870&_hsenc=p2ANqtz-_tjGzl-utagM4KIZ_Jv-0bTp6DwltxSQADw2Q55A6KJSbLbOiz4RZqY-3sSeE8Qo4_C5yT30p8ewBgTJuPN8NkLBa4ToBk0DivI-GU7HocLhjmMGQ&_hsmi=73783870&rf=1
Jun 18 2019

Accumen, which helps health systems with laboratories, blood collection and other services, is acquiring Halfpenny Technologies, a firm engaged in clinical data exchange software.

https://medcitynews.com/2019/06/accumen-buys-halfpenny-technologies/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73783870&_hsenc=p2ANqtz-_tjGzl-utagM4KIZ_Jv-0bTp6DwltxSQADw2Q55A6KJSbLbOiz4RZqY-3sSeE8Qo4_C5yT30p8ewBgTJuPN8NkLBa4ToBk0DivI-GU7HocLhjmMGQ&_hsmi=73783870
Jun 17 2019

Large insurer Centene has led a $60 million investment in Quartet, which offers a comprehensive technology platform to coordinate and deliver behavioral health care.

https://medcitynews.com/2019/06/quartet-raises-60m-series-d-led-by-centene/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73711228&_hsenc=p2ANqtz-_m1VUAa4IijVIR2Kv8pWgryyrustdQqqjl5P_RRG_5O9_zZr0aqWOEYHJ1z8nPYPLZlZNlCkY8qnUZoJNoUJ-gzc7qiRSrLc_-jlcHsUPkJErWYq4&_hsmi=73711228&rf=1
Jun 17 2019

EHR vendor Allscripts is buying ZappRx, apparently for less than the $40 million that venture investors put into the company.  ZappRx is supposed to help providers perform prior authorization faster.

https://www.modernhealthcare.com/information-technology/allscripts-buys-prescription-drug-startup?utm_source=modern-healthcare-daily-finance-friday&utm_medium=email&utm_campaign=20190614&utm_content=article6-headline
Jun 13 2019

CredSimple, a vendor of physician credentialing services, gets $14 million in new financing.

https://medcitynews.com/2019/06/credsimple-raises-14m-for-better-physician-crediting/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73648315&_hsenc=p2ANqtz-_4WcmP7xyLTbhRXUsuV8qf1i3cA-ZtapZW9B19kJaiePYLJ_9v4KecHlk5vY_ERrRCfBKzQ42YiZ1bmkgM3nn4UAeFsHCKKwRO-rPMpCUwU5Q4Gyo&_hsmi=73648315&rf=1
Jun 13 2019

Nym, which sells software that automates medical coding, secures $6 million in initial capital.

https://www.pehub.com/2019/06/medical-coding-technology-firm-nym-inks-6-mln-seed/
Jun 13 2019

French information technology company Dassault Systems is buying Medidata for $5.7 billion.  Medidata offers electronic clinical trial software and services.

https://www.fiercebiotech.com/cro/dassault-systemes-eyes-life-science-boost-5-8b-medidata-buy?mkt_tok=eyJpIjoiWVRjd1pEY3pNREZsTkRFMiIsInQiOiJLRkQ4NGFmbTFFMGVORE1cL1E5WTJJWWorb3NueXFDTkJ5OTB6T1lNUEVJN2pKd3V4YnV0cUkxVTUyTFhuVVIzVXZPMW1oa1ZBbFlYRFN4RGNSXC9Zams1VXhvN2J5aGNEWElJNW1PdDhlcHhsRlp6ZEs5VVdCRlNyYUZybHBCTDI2In0%3D&mrkid=635530
Jun 12 2019

Current investors are pretty satisfied as patient satisfaction and engagment vendor Press Ganey gets sold from one private equity group to another one.

https://www.pehub.com/2019/06/eqt-to-exit-press-ganey/
Jun 12 2019

Well, beam me up Scotty, connected, digital, etc, etc, sold on a subscription basis, etc, etc, toothbrush maker Beam raises $55 million in another round of financing; that's right not $ .55 million, not $5.5 million, but $55 million.

https://venturebeat.com/2019/05/29/beam-raises-50-million-for-a-connected-toothbrush-that-lowers-dental-premiums/
Jun 12 2019

I think I have seen more than one company like this but my brain health isn't what it used to be.  Neurotrak heads for the finish line with $21 million more in capital for its cognitive health assessment and improvement service.

https://medcitynews.com/2019/06/cognitive-health-assessment-startup-neurotrack-raises-21m-series-c/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73603597&_hsenc=p2ANqtz-8dXUNLIGeHlzxsv3jaTxfCxmEI6yr_EKhXyz5GKFb_FTuXiIpbsZ5bBBbnMAhBa2aJtmHTqo9jv-18yXU-boxAUpl388bxOwTpECpXg-uCZ4_qjuk&_hsmi=73603597
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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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