Cloud-based EHR provider Kareo has raised about $30 million to bring its free core application to more physicians. Kareo makes money by selling add-on capabilities.
Mercom Capital Group released a report of VC funding for HIT in 2013, finding that $2.2 billion was raised, up substantially from $1.2 billion in 2012. There were 571 deals and 466 investors. There were two HIT IPOs in the year, and 165 M& A transactions in the sector.
CareCore National, which began as an imaging benefits manager and has expanded to managing utilization and cost of other specialty care, has received a "significant" investment from Great Atlantic, a private equity firm, which probably means a majority recap transaction.
Lumiata, a startup aimed at collecting health data for provider use in predicting health issues and treatments has raised $4 million from Khosla Ventures.
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.