Paladina Health gathers a whopping $165 million in capital to support its direct primary care model of providing health benefits. Any pal a Dina is a pal of mine with that kind of checkbook.
RDMD, which has a data platform to help with research on rare diseases and to manage patients with those diseases, gets some initial financing of $3 million.
Olive (formerly known as CrossChx) gets out of the pits, oiling its way to $32.8 million in fresh funding for its artificial intelligence solution to automate certain health care provider tasks.
Apparently Alphabet, also known as Google, is putting $375 million into Oscar Health, the supposedly revolutionary health plan that is best at sucking up investors money. Google will be searching for returns there for a long time.
Carepoynt raises $2 million in initial financing for another of the most gibberish-ed press releases and business ideas I have seen, something about creating rewards for engagement. There is no "i" in Carepoynt, but there is a why.
Hinge Health, which helps patients with back and other musculoskeletal issues be treated at home using an app and coaches (Hinge, get it, cause you back and joints are like a hinge), has raised $26 million in funding. Don't let the hinge hit you on the way out.
https://medcitynews.com/2018/08/hinge-health-26m/
Aug082018
AlayaCare, a vendor of software for home health care providers, has raised $13.8 million in new capital.
Verana Health, which gathers clinical data for drug and device companies to use in product development with an initial focus on ophthalmology, has raised $30 million in additional capital.
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.