Health care is a fifth of the economy. Everyone wants a piece, including Walmart, which just purchased a telemedicine company, MeMD, for an undisclosed sum. Walmart has increasingly added health care services to its original pharmacy business, including in-store clinics. At least with Walmart, health care probably is made more affordable.
R1 RCM, a vendor of provider revenue cycle management software and services, is paying a healthy $300 million to buy VisitPay, which helps patients figure out to pay what they owe for health care services.
As is usually the case in health care, the big just keep getting bigger. UnitedHealth Group's Optum division is buying NaviHealth, which helps manage post-acute care for Medicare Advantage members.
Yikes, another non CV item. Change Healthcare, which offers a variety of health care analytics and administrative services, is buying an e-prescribing business for $213 million and selling one analytics unit to Kaufmann Hall.
Look, a non-coronavirus item. Medicaid health plan operator Molina is buying Magellan's health plan business and its care management and PBM businesses for around $820 million.
Centric Health, a vendor of pharmacy services to senior living facilities in Canada, is acquiring RHI, which provides specialty pharmacy services in the US for about $30 million.
HealthStream flows along, as the health care human resources company acquires NurseGrid, a vendor of nurse staffing and scheduling software for $25 million.
WebMd, a leading provider of medical information and other services for patients, has acquired the StayWell Company, which offers wellness programs for employers and health plans.
eCaring, which offers services to collect and transmit health care information from the home, has been acquired by Houseworks, an in-home health firm, and an investment firm.
Two large benefit consulting and brokerage firms are combining, with AonHewitt set to buy WillisTowersWatson in a $30 billion transaction. The combination should raise serious antitrust concerns.
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].
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].
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