Iora Health, which builds primary care clinics for the Medicare population, has added $126 million in capital to support its modest mission of bringing "humanity to healthcare". Gag me.
Verana, which does patient data aggregation and analytics for life sciences firms and providers, has added $100 million in a new capital raise, and is acquiring PYA Analytics, which combines clinical data and images to improve health issue detection.
Alto Pharmacy, which delivers prescription drugs to patients in their homes or offices, has raised $250 million in new funding, which values the company "highly". Hope it's a sound investment, the press release certainly sings their praises.
Gentem, which says it has a revenue cycle management software package to support physicians who want to practice independently, raises $3.7 million in capital. A twist is that the company will pay doctors the billed amounts upfront.
Socially Determined, which offers a health care analytics package to capitalize on the hype around supposed social determinants of health, gathers $7.3 million in new funding.
I don't know what's wrong with Oviva, we just reported on a company that raised $93 million for a "digital" approach to treating Type 2 diabetes, and Oviva could only raise $21 million for the same thing.
https://techcrunch.com/2020/01/14/oviva/
Jan202020
There is nothing virtuous about Virta Health's overhyped claims to cure Type 2 diabetes with its digital coaching, etc approach, but the company continues to rack up investment, getting $93 million in a new capital round.
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 [email protected].