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Recent Health Care News

 

Sep 21 2018

A PE firm has invested in three health care companies, Chronic Care Management, which does just that; Socially Determined, which measures social determinants of health, and AllyAlign, which helps long-term care firms with value-based reimbursement.

https://www.pehub.com/2018/09/the-ziegler-link•age-fund-ii-backs-three-healthcare-firms/
Sep 20 2018

Tempus Labs, which collects and analyzes genetic data, and makes it available to clinicians via a mobile app, has raised $110 million dollars.

https://medcitynews.com/2018/09/110m-fundraise-tempus-app/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=66070805&_hsenc=p2ANqtz-_0cVyjhjAPHD37Gb9Xc0iEDoSkVNp5PTh11pGAZ6VXBLwHMTLce4GbWIU5zABzvpTwLnXLvNGQSdKsIDonLG4QBgc57Odtk53_GlRsmkIBkXfU0Rc&_hsmi=66070805
Sep 19 2018

Row, row, row your business is easy when you get $88 million in funding, but that is what Ro did for its consumer-oriented telehealth business.  See my prior note about too much capital looking for a home.

https://www.pehub.com/2018/09/ro-pulls-in-88-mln-series-a/
Sep 19 2018

OODA Health, which claims it will upend the current system for health care payment, has received an unusual $40.5 million dollars from quirky investors.   Oh, but wait, the CEO is the ex-CEO of Castlight Health, it is certainly OOD that anyone would invest in that guy.  If you don't believe there is too much capital floating around looking for a home, stuff like this proves it for sure.

https://techcrunch.com/2018/09/19/brotopia-inspired-ooda-health-to-raise-its-40-5m-round-only-from-firms-with-female-partners/
Sep 18 2018

SnapMD, which offers a virtual care platform for health systems, has raised an additional $7 million in capital.

https://www.beckershospitalreview.com/telehealth/snapmd-raises-7m-in-series-b-funding.html
Sep 18 2018

TriMedex, which manages medical equipment for hospitals, is acquiring the health technology business of Aramark for $300 million.

https://www.ibj.com/blogs/17-the-dose/post/70505-trimedx-nearly-doubles-workforce-with-300m-acquisition
Sep 17 2018

Wellth garners some wealth, getting $5.1 millionth in new fundingth to build a businessth to use behavioral ecomomicsth to support adherenceth to care plansth.   Here's to your healthth!!

https://medcitynews.com/2018/09/wellth-raises-5-1m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=65946765&_hsenc=p2ANqtz--wkLCqm3DNI5hDihqhTD1CJhOz2f1rLG1mW7L_qxbtOddXh2f0U1wcuCJN7lgDLp95iPE7v8q-MBVxlTKR1dWGVBQ8VaQLTuuudwbo8FEBxAmclIw&_hsmi=65946765
Sep 12 2018

Britain-based Medopad, which has an app that allows remote monitoring of vital signs through wearables, is buying US-based Sherbit, which offers a similar service.

https://www.forbes.com/sites/parmyolson/2018/09/11/health-tech-rising-star-medopad-buys-patient-tracking-rival-sherbit-to-expand-stateside-and-boost-ai/#65892cd73bae
Sep 11 2018

NeuroFlow streams a fresh $1.2 million in financing for its program to integrate mental health care into medical care.

https://medcitynews.com/2018/09/neuroflow-mental-health-platform/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=65824544&_hsenc=p2ANqtz-97_TdvHpEgu4IZ_MDoKO1DFf2rzt1gmtFOdoXqwk_FA8LwUe0Yvrd6rf_Hqeewqq0Hpj7EDynHOdbrqnQrhILW1VTm2ZIM8jnmhOlujVaThemAweg&_hsmi=65824544&rf=1
Sep 11 2018

Clarify Health clearly attracts investors, getting $57 million in new funding for its somewhat murky business of the usual data analytics, patient engagement, etc. for creating better patient care plans.

https://medcitynews.com/2018/09/clarify-health-nabs-57m-for-care-guidance-tech-and-clinical-trial-expansion/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=65824544&_hsenc=p2ANqtz-97_TdvHpEgu4IZ_MDoKO1DFf2rzt1gmtFOdoXqwk_FA8LwUe0Yvrd6rf_Hqeewqq0Hpj7EDynHOdbrqnQrhILW1VTm2ZIM8jnmhOlujVaThemAweg&_hsmi=65824544&rf=1