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Recent Health Care News

 

Jul 12 2018

Sentry Health garners $9.5 million in fresh capital for a facelift, as it rebrands with a new name and expands its onsite clinic and telehealth services for employees.

https://www.businesswire.com/news/home/20180710005624/en/Louisville-based-Edumedics-Completes-9.5-Million-Series-Financing
Jul 11 2018

AdvancedMD, which offers practice management software to independent physician offices, is acquiring NueMD, which appears to do the same thing.  New name to be MDMD or Advanced & Nue.

https://www.pehub.com/2018/07/pe-backed-advancedmd-buys-nuemd/
Jul 11 2018

In a convoluted transaction, EHR and other health care software vendor Cerner is investing $266 million in Essence Holdings, which owns population health vendor Lumeris and operates primary care clinics.  The companies will also work toward creation of a software product aimed at Medicare Advantage plans.

https://medcitynews.com/2018/07/cerner-lumeris/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=64338012&_hsenc=p2ANqtz-_yZQfqQrwfFCMGn4pveRk1G_dtcgUMl63Ej2_dChEuu7vgrSbGRs0HU6GAjr-R7HrWiiKKIptCQwKkVa06XigAaKcXbwb5lbE7X3e5b4kRxoDQhZU&_hsmi=64338012&rf=1
Jul 09 2018

Hitch Health's fundraising goes off without a hitch, getting wedded to $900,000 in new capital for its health care ride-sharing app.

http://www.startribune.com/hitch-health-raises-900k-for-health-care-ride-sharing/487530361/
Jul 06 2018

MedRhythms makes a hit, collecting $5 million in new funding to build a business using music to help with neurologic disorders, or something like that.

https://www.businesswire.com/news/home/20180629005057/en/MedRhythms-Announces-Oversubscribed-Series-Financing-Led-Werth
Jul 05 2018

Cedar Health barks up the right tree, putting down roots with $36 million in fresh financing to support its patient payment platform.

https://www.prnewswire.com/news-releases/patient-financial-management-platform-cedar-raises-36-million-series-b-300671241.html
Jul 05 2018

Inbox Health, which helps providers communicate with patients about bills, raises a skimpy $2.4 million in capital.  The inbox is not full.

https://www.prweb.com/releases/2018/06/prweb15592298.htm
Jul 05 2018

EXLService Holdings, a general analytics firm,  is buying Scio Health Analytics, a vendor of data warehousing and analytics for health providers and plans, for $236 million.

https://www.pehub.com/2018/07/exlservice-buys-scio-health-analytics-for-236-5-mln/
Jul 03 2018

WelbeHealth garners $15 million in fresh financing to support its business of operating PACE programs for Medicare beneficiaries.

https://www.businesswire.com/news/home/20180628006469/en/WelbeHealth-Raises-15-Million-Series-Accelerate-Growth
Jul 03 2018

Telehealth firm American Well is raising an additional $315 million in capital, for reasons that completely elude me, unless it is to fund the ongoing losses that the company must be experiencing.

https://www.xconomy.com/boston/2018/07/02/american-well-raises-290m-to-go-bigger-in-telehealth/