2013 was a good year for venture-backed company exits, according to data from the National Venture Capital Association. There were 82 IPOs for such businesses during the year, the strongest since 2007. M & A exits were a little slower, with 377 acquisitions of venture-backed firms during the year. Health care IPOs and mergers were prominent.
http://www.nvca.org
Jan062014
According to Rock Health, $1.97 billion was invested in "digital health" in 2013 up almost 30% from the prior year.
HealthCor has agreed to make an additional $5 million investment in CareView, which provides bedside video monitoring and patient education and entertainment systems in hospitals.
And yet another mobile app patient engagement and care management tool company has raised some initial capital, this time it is 1EQ getting $1.1 million.
A company called Health:ELT is seeking to raise an additional $2.5 million for its tools to aid Medicaid programs, plans and enrollees in managing care and health. The company says it already had $5 million invested from its founders.
Home Care Delivered, a vendor of home medical supplies for diabetes, wound care and other medical needs, has been recapitalized by FNB Capital Partners.
Wildflower Health, which provides mobile solutions to help health plans engage members and whose first product is a maternity care management tool, has raised an initial round of financing.
Maxwell Health has raised $6 million in financing for its SAAS platform to help manage employee benefits and health plans, bringing its total Series A round to $8 million.
Startup Doctor on Demand has raised $3 million to grow its telehealth product to deal with non-emergency health issues, adding one more company to a crowded field.
Carrick Capital Partners has made an additional investment in Accolade, a firm which provides software to assist in patient engagement and care management plans.
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.