Health at Scale gets a weighty $16 million round of financing, all coming from the Optum division of UnitedHealth, to fund its artificial intelligence software to match patients with treatments.
Financial giant JP Morgan is acquiring InstaMed, which helps providers collect cost-sharing amounts from patients and coordinates payments with insurers. The price is supposedly around $500 million.
Solera Health won't be going it alone, raising $42 million in new capital to support matching patients with providers and treatment plans for chronic diseases.
You literally cannot make some of this stuff up. Listen to this gibberish. Hu-manity.co (yes, that is some marketer's idea of a good company name), wait it gets better, which describes itself as "bringing individuals and corporations into a consumer inclusive data economy", huh?, but actually does something around blockchain and authentication for health care companies, is acquiring Betterpath, which says it can access currently inaccessible health-related data to help with research. The end result, we are told, will be a company that creates "a powerful combination of Consumer Consent as a Service and healthcare's untapped datasets." Fire your PR firm right now, don't think about, don't delay, just fire them.
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.