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.
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.
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.
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.
Fitplan Technologies secures $4.7 million in fresh capital for its software that provides personalized fitness regimens designed by hot-shots in the personal training industry.
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.