Everything is coming up roses for Clover Health, lucky as can be with a $100 million fundraising for its "data-driven health plan" model for Medicare members. We will see how lucky the investors are feeling in a couple of years.
http://techcrunch.com/2015/09/17/clover-health-a-data-driven-health-insurance-startup-raises-100m/#.oqnxb8:j4fdEpion Health, a supplier of patient intake software, has raised somewhere around $7 million in new financing.
http://medcitynews.com/2015/09/epion-health-raises-follow-on-funding-to-scale-business-for-new-provider-customers/?utm_source=MedCity+News+Subscribers&utm_campaign=af24b3b3a1-MCN+Daily+Email&utm_medium=email&utm_term=0_5092836c41-af24b3b3a1-408793005Clockwise MD decided its time to raise some funds, without a second to lose, getting a minute $1 million to support its software to help patients and providers identify wait times.
http://medcitynews.com/2015/09/clockwisemd-raises-1m/?utm_source=MedCity+News+Subscribers&utm_campaign=37502e64e0-MCN+Daily+Email&utm_medium=email&utm_term=0_5092836c41-37502e64e0-408793005Proving that making lots of money doesn't make a company smarter, Google is apparently investing $32.5 million in struggling "new style" insurer Oscar, at a $1.75 billion. So far Oscar has mostly shown it needs a good actuary.
http://www.wsj.com/articles/google-backs-startup-oscar-health-insurance-1442374756?utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_source=hs_email&utm_medium=email&utm_content=22074792&_hsenc=p2ANqtz-8cZicOlwwg6VnAY8BWJDTC6HEnJvoFIt1anPy0KOLFgcLspdcIO6GE6qyxEM7d5Z802aQ4KfV7fRrAr3tRdQ4ubVrtgd0dOHOuRzwwxxT0Bn4UjNE&_hsmi=22074792Wellness firm Training Amigo is seeking friends to invest $1.5 million in the company.
Billionaire entrepreneur Dr. Patrick Soon-Shiong has raised huge sums for two more of his panoply of companies, $150 million for a proteomics lab business and $100 million for an immuno-oncology one. Be interesting to see how all this relates to his population health management efforts.
http://medcitynews.com/2015/09/two-of-patrick-soon-shiongs-nantworks-startups-net-250m/?utm_source=MedCity+News+Subscribers&utm_campaign=446e1408df-MCN+Daily+Email&utm_medium=email&utm_term=0_5092836c41-446e1408df-408793005About 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.