Two EMR and practice management companies are joining forces, maybe so they can sink together, as DocuTAP and Practice Velocity merge their businesses. EMR companies face a new round of consolidation as the land grab is over, doctors are fed up with lousy systems and high prices, and value is non-existent.
Verily, verily, I say unto you that HealthVerity truthfully (hopefully) raises $25 million in new capital to support its patient information and identity management products. Seriously, it is amazing how much money has to be spend in health care just to identify that a patient is the same patient in multiple information systems.
Medical Informatics, my kind of nice generic name for a company, has raised $11.9 million in additional capital to support its business of using predictive analytics to manage the care of patients in critical care units.
HealthAxis, which offers plans and providers benefit administration software, is acquiring Analytics Partners, which provides various health analytics solutions.
Willis Towers (over) Watson, the large brokerage and consulting firm, is acquiring Tranzact for $1.2 billion, adding the "digital" brokerage and agency to its capabilities.
Biolinq (I don't know, not sure that cutesy "q" at the end gets you that hard "k" sound you were looking for) has raised $4.75 million in initial financing for it wearable device that provides various biometrics.
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.
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.