Orion Health, a large health care software vendor based in Auckland, New Zealand, has completed an IPO which provides additional capital for expansion in the U.S.
Assurex Health reassured investors and got $30 million in exchange to continue to build its pharmacogenomics business focused on pain and behavioral health.
Investors of the world, I beg you, I beg you, beg you, beg you; please stop this madness, I can't take it anymore! Feverish investors have put a hot $9.6 million into a smartphone-connected thermometer offered by Kinsa, but they may be cool to the returns.
American Well, the telehealth company, has raised an additional $80 million in capital. You have to wonder how, in an industry with no barriers to entry and no real differentiators, anything thinks they are going to get a return on this investment.
I predict that Predilytics will announce that it raised an additional $10 million in capital to support its machine learning and analytics business for providers and payers. Oh wait, maybe that already happened.
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.