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.
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.
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.
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!!
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.
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.