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Recent Health Care News

 

Oct 17 2018

It is a little kno5n f9ct that l7tt3rs and n1mbe8s are int9rchan2ea7le.  Pr3vnt has r6ised an undi4close0 amou3t of new ca8ital for its bu4ine1s of using AI for eye pr4blems or somethi3ng like that.  Maybe its just me, but I wouldn't invest in a company that can't spell.

https://www.prnewswire.com/news-releases/skyview-capital-llcs-skyview-ventures-completes-seed-round-investment-in-pr3vent-inc-300732127.html
Oct 17 2018

Devoted Health gets a loyal $300 million in new funding, which it will devote to expanding its Medicare Advantage plan business where it claims to act as a plan and provider, with a lot of whiz-band technology.  Lot of money, we will see about the return.

https://www.forbes.com/sites/michelatindera/2018/10/16/devoted-health-new-medicare-advantage-business-raises-300-million/#7efdb153070e
Oct 15 2018

Research in JAMA Internal Medicine confirms common sense; lower income persons enrolled in high-deductible plans spend a higher percent of their income on out-of-pocket health spending.  The obvious solution is for employers to provide more health savings dollars for lower-income workers.

https://jamanetwork.com/journals/jamainternalmedicine/article-abstract/2705692
Oct 12 2018

Flo Health streams $12 million in new funding for its "FemTech" app.  No comment needed.

https://www.prnewswire.com/news-releases/us-femtech-market-leader-flo-health-completes-12m-series-a-scores-200m-valuation-300729347.html
Oct 11 2018

Large home health care vendor Amedisys is buying Compassionate Care, a large hospice company, for around $340 million.

https://home.modernhealthcare.com/clickshare/authenticateUserSubscription.do?CSProduct=modernhealthcare-metered&CSAuthReq=1:TG5KRjZvQjhtRmNTUFllUy8wO:AID:A118300D306463A3D89B4CD583AB3EB2&AID=/20181010/NEWS/181019988&title=Amedisys%20aims%20to%20acquire%20Compassionate%20Care%20Hospice%20for%20%24340%20million&CSTargetURL=http://www.modernhealthcare.com/article/20181010/NEWS/181019988?utm_source=modernhealthcare&utm_medium=email&utm_content=20181010-NEWS-181019988&utm_campaign=am
Oct 11 2018

Acorn Health has been formed by a PE firm and acquired two clinics focused on autism to eventually create a national business.

https://www.businesswire.com/news/home/20181009005237/en/MBF-Healthcare-Partners-Behavioral-Executive-Form-Acorn
Oct 09 2018

Singapore based Holmusk, which recently acquired behavioral health data company MindLinc, has raised $9.75 million in new capital to help expand its product and expand in the US and Europe.

https://www.holmusk.com/news/detail?ref=1455
Oct 09 2018

Sopris Health garners $3.4 million for its artificial intelligence software designed to help with medical documentation.

https://www.bizjournals.com/denver/news/2018/10/03/sopris-health-tech-startup-raises-money.html
Oct 09 2018

Carie Health has raised $7 million for its "free" telehealth platform for providers.  Kind of puzzling because someone has to pay and investors are expecting a return, so is this an advertising model or what?

https://globenewswire.com/news-release/2018/09/28/1586753/0/en/Carie-Health-Closes-7MM-Funding-to-Support-The-Roll-Out-of-its-Latest-Industry-First-The-Launch-Of-A-Free-Telehealth-Platform-For-Every-Doctor-in-America.html
Oct 09 2018

PBM RxAdvance has acquired an additional $50 million in financing, from an unidentified investor, which may be Centene, which has been the company's primary investor.

https://www.fiercehealthcare.com/payer/centene-backed-rxadvance-closes-50m-funding-round?mkt_tok=eyJpIjoiTkRVelkyRXdaREptWVdOaiIsInQiOiJIcWJ5ZEkwRm1oXC9aN0p0a2M1eGpPdnljUFFqYlF3YnJGcFd6QThHbW54Mk11dlwvSWxkeTlEOUFWeE1rM0RYUWtYRmhNTlVOZllWc0JsMmErUHdiZ3FNcm91VnpBZU1JN2JXV010SHgrMlJMQUJ6T0N3MEFWaUlPWEtlaFBRVzZmIn0%3D&mrkid=635530
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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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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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