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Recent Health Care News

 

Feb 20 2019

Covera Health, which uses analytics to help ensure appropriate diagnoses, gets $8.5 million in new financing.

https://www.businesswire.com/news/home/20190219005318/en/Covera-Health-Announces-Series-Financing-8.5-Million
Feb 20 2019

NarrativeDx talks investors into handing over $3 million for its software that helps hospitals analyze patient reviews, comments and complaints.

https://medcitynews.com/2019/02/narrativedx-raises-3m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=70077312&_hsenc=p2ANqtz--deXJxO8g8G9MEvPRYtCc2kvuCmsJrkWHLbapplCaET4Kmbcf3drZd2fvU_tuefk2KvMq4c3wnLoAfXHmHXSD2yXOA3VpaigYMU2uQTobDyS7eg3g&_hsmi=70077312&rf=1
Feb 12 2019

Qualcomm is the latest non-health care company to realize maybe it doesn't know what it is doing in the space, selling its connected health businesses to a PE firm, which will call them Capsule Technologies and 2net.

https://medcitynews.com/2019/02/qualcomm-sells-off-its-connected-health-business-to-private-equity-firm/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=69816381&_hsenc=p2ANqtz-8IcliRcXsY0jNP0HJb5oqq3Rh1UA1bbJo8fFgk5wv-H89V9s6g9Td1A5henM_6UcPH-wP24tn8egbjcG1en83bDkmjVJXSlDA5nRPsYxTztndP8mI&_hsmi=69816381&rf=1
Feb 11 2019

Hospital chain Providence St. Joseph is buying Lumedic, a revenue cycle management vendor which uses blockchain technology.  Hope they don't end up feeling like blockheads.

https://www.modernhealthcare.com/article/20190209/NEWS/190209929?utm_source=modernhealthcare&utm_medium=email&utm_content=20190209-NEWS-190209929&utm_campaign=am
Feb 08 2019

Ideal Option achieves the best choice of financing, securing an undisclosed amount of new capital from the Blue Cross Venture fund for its opioid addiction treatment services.

https://www.businesswire.com/news/home/20190206005206/en/Ideal-Option-Secures-Minority-Investment-BlueCross-BlueShield
Feb 08 2019

Physician social media platform Sermo has been recapped, i.e. acquired, by a PE firm.

https://www.pehub.com/2019/02/abry-recaps-physicians-social-platform-sermo/
Feb 07 2019

Health Catalyst, which offers data warehousing and analytics for health plans and providers, has raised another $100 million in financing.

https://www.pehub.com/2019/02/health-catalyst-racks-up-100-mln-in-orbimed-led-round/
Feb 07 2019

A study in the Annals of Surgery focuses on improving handoffs from surgery and studied the use of standardized handoff forms and processes.  While the completeness of information improved, handoff took longer, i.e., cost more, and there was no improvement in mortality or length of stay.  Costs more and no real improvement in outcomes; sound like a lot of so-called quality improvement.

https://insights.ovid.com/crossref?an=00000658-900000000-95308
Feb 07 2019

Aetion, a provider of analytics and software to help providers with value-based reimbursement, raises an addition $27 million in financing.

https://www.prnewswire.com/news-releases/global-health-care-leaders-back-aetion-with-27-million-strategic-investment-300789385.html
Feb 06 2019

Meditation app vendor Calm calls up a collected $88 million in new capital, apparently valuing the firm at around $1 billion.  How can I stay calm when I have to read about crap like this.

https://www.cnbc.com/2019/02/05/calm-raises-88-million-valuing-the-meditation-app-at-1-billion.html
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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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Research

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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

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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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