Altruista Health, a population health services vendor for health plans and providers, has received an undisclosed amount of new capital, undoubtedly for altruistic reasons, or at least it will ultimately feel that way to the vendor.
Oration announced that it has raised $11.2 million to help employers control prescription costs, coming out of "stealth" mode, or maybe just nobody cared.
Health plan company Clover Health gets a honey of a deal with $35 million more in investment, a lot of which is apparently being used to create absurd PR, just read the press release. According to Clover it is the "first and only health insurance company successfully using technology to improve health outcomes." There are a only a few hundred health plans that would beg to differ. Please, especially during the holidays, spare us the gagging BS.
Troubled revenue cycle management firm Accretive has received lifeline financing and a long-term contract from a group headed by hospital chain Ascension Health.
Melody Health Insurance is singing a happy tune and ending the year on an upbeat note, adding $3.8 million to support entry as a health insurer into new markets.
MD Revolution gets $23 million in fresh capital as it ramps up its business of helping physicians maximize Medicare chronic disease management reimbursement.
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.