Medopad, which does something related to gathering health information from wearables, pads its bank account with $25 in new capital, apparently raised at a valuation of around $200 million. There is too much capital and when there is, it does stupid stuff.
In a short-lived announcement, Human Longevity births a fresh $30 million in capital to support the company's business of combining information to help assess individual's health, etc.
Twistle, a provider of automation for communication and care management processes, whistles up a fresh $16 million in funding. Oh, and did I mention that it is "disruptive".
Healthcare.com, which offers software to help consumers compare and purchase health insurance and Medicare plans, garners a fresh $18 million in funding.
Eversana, a vendor of commercialization services to life sciences companies, has acquired Cornerstone Research Group, which offers health economics research.
Ooooh, disruption, how cool is that, Sana Benefits reels in $6.3 million in new capital for its software that will fix the "stone age" health insurance industry. It is targeting medium and small employer plans. All it will end up doing is adding cost and complexity.
Scary stuff, boys and girls, investing in the hype of the moment. A company called Socially Determined has garnered $7.3 million in financing for its product that focuses on analyzing and measuring the social determinants of health. Not a ghost of a chance that this succeeds. It will be a zombie company, like a vampire sucking more funds from investors.
Workday Ventures tries to get in a league of its own, as it makes a significant investment in League, which offers software to help employers manage health benefits.
Australia-based firm MedAdvisor, which provides an app to help patients manage the medications, raises $11.5 million in new financing, led by HMS Holdings.
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.
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.
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