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Recent Health Care News

 

May 17 2019

Another of those deals where a company gets traded from one PE to another, in this case AccentCare, which helps manage post-acute care services.

https://www.pehub.com/2019/05/oak-hill-capital-to-exit-accentcare/
May 17 2019

BHE, which provides data analytics for life sciences firms, has raised a fresh $78 million in capital.

https://www.pehub.com/2019/05/healthcare-analytics-firm-bhe-racks-up-78-mln/
May 17 2019

MDmetrix, a spinout from Seattle Children's Hospital, garners $3 million in fresh capital for its data analytics and visualization business.

https://medcitynews.com/2019/05/seattle-childrens-hospital-spinout-mdmetrix/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=72785413&_hsenc=p2ANqtz-9llMb-8d1DVe85-5cMtZqOYTggUPcoJnQTSybtdZvqFIqp6Ko7Ks_3ro4_p1X8XqZG5n11yBEO2a2lsKDm68JazV_nmdxU9tWJJ3nAJHMI3FsKSgI&_hsmi=72785413&rf=1
May 17 2019

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.

https://venturebeat.com/2019/05/15/solera-health-raises-42-million-to-match-patients-with-chronic-conditions-to-treatment-plans/
May 16 2019

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.

https://www.businesswire.com/news/home/20190430005283/en/Hu-manity.co-Acquires-Betterpath-Health-Empowering-Patients-Access
May 15 2019

RLDatix and iContracts are merging to become RLiD (no, they aren't using a silly name like that), to create a company that offers patient safety, quality improvement, compliance and risk management software.

http://www.rldatix.com
May 15 2019

Trusted Health secures $20 million in new funding for a nurse career platform.

https://www.prnewswire.com/news-releases/trusted-health-secures-20-million-in-series-a-funding-to-reinvent-employment-marketplace-for-nursing-professionals-300843853.html
May 14 2019

In a capital idea and transaction, wellness and coaching firm ADURO has received an undisclosed amount of financing from a LARGE HEALTH SYSTEM.

https://medcitynews.com/2019/05/bon-secours-mercy-health-invests-in-aduro/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=72649892&_hsenc=p2ANqtz-8HDf5_LAFIRBdDP4AnjoYd3mg21AeWlsLeVSpmN8eVx2DzeKubuFYPasRtGLIziE5vT9Gmfm3Vr_CK3iCh33fRCMbS5HPVZUI17kTiCNuM8bk3Bvg&_hsmi=72649892&rf=1
May 14 2019

Jawbone Health talks a good game, and apparently needs lots of capital to do it, as the firm gets $65 million to do some poorly-articulated thing about taking lots of data and helping people avoid preventable diseases.  When will investors learn.

https://techcrunch.com/2019/05/11/after-burning-through-1-billion-jawbones-hosain-rahman-has-raised-65-million-more/
May 14 2019

Two health care consulting firms are merging as Berkeley Research buys Prism Healthcare Partners in a deal that will result in a firm with over $225 million in revenue.  Both firms primarily work with health systems.

https://www.modernhealthcare.com/mergers-acquisitions/berkeley-research-group-buying-prism-healthcare-partners?utm_source=modern-healthcare-daily-finance&utm_medium=email&utm_campaign=20190513&utm_content=article4-headline
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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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2019 Kaiser Family Foundation Employer Health Benefits Report
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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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