Parsley Health (whatever happened to rosemary, sage and thyme?) has raised a spicy $10 million in financing for its primary care business, which really sounds more like wellness, or maybe its a digital health app, or who knows, and I am not sure the company does either.
https://www.pehub.com/2018/04/parsley-health-raises-10-mln/Population health and disease management firm Livongo has raised another $109 million in a new round of financing. That is a lot of total capital into a firm that basically has a commodity product that health plans will eventually give away.
http://www.modernhealthcare.com/article/20180411/NEWS/180419988?utm_source=modernhealthcare&utm_medium=email&utm_content=20180411-NEWS-180419988&utm_campaign=amA Venture Monitor report finds a robust venture capital market in the first quarter of 2018.
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A firm that provides transportation for Medicare Advantage members gets $1.9 million in seed funding.
https://medcitynews.com/2018/04/roundtrip-sees-new-ways-grow-cms-opens-door-nemt-medicare-advantage-members/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=61979229&_hsenc=p2ANqtz-9TSVYsp7-0-fFbaCKC7Y9rHheVSECrqFqmITGWPSLpmqB4Hi4P6ChBgP4VbqJlqJcFXNZSFMxHruSQ-MhSLjEeJ_OSjExZyFsON0ns0HawrJHCST4&_hsmi=61979229&rf=1Population health and wellness vendor Welltok ticks along, gathering in $75 million in a new round of capital as it moves into provider and health system markets.
https://medcitynews.com/2018/04/welltok-raises-75m-series-e-round-support-customer-base-expansion-health-systems/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=61876674&_hsenc=p2ANqtz-9xlhyMTMXZG2YoEobFOxvsixu5X0tLNdjQmW9DlVsPoKLO4P3fSNmKFelRFKn6v3rUg_jj-GTxKnsmOmD7XjH9nJQ7L-wWD4Rihfi-6x8sSn9FQ7M&_hsmi=61876674&rf=1Virta Health shows that virtue may not be its own reward, you need some cash too, as it raises $45 million to support its program that claims to reverse Type 2 diabetes by lifestyle changes.
https://blog.virtahealth.com/virta-health-raises-45-million-to-expand-treatment-for-type-2-diabetes-reversal/About this Blog
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.