Investors join the League team, as the firm raises $62 million (that's Canadian dollars) for expansion of its health benefits infrastructure for employers. Apparently a fair amount of that money went to a PR firm that wrote one of the most hype-filled releases ever.
Beddr (get it, oh that is soooo clever) raises $5.6 million to support development and commercialization of a wearable that measures sleep-related variables and provides analytics. The investors need to wake up.
PE firm Apollo is buying hospital chain LifePoint Health for around $5.6 billion, and will merge it with RCCH Healthcare Partners, which also operates a set of health systems.
K Health letters in head-scratching financings, as it gathers $12.5 million in capital for its app that helps patients see how other patients with their condition were treated.
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.