You literally cannot make some of this stuff up. Listen to this gibberish. Hu-manity.co (yes, that is some marketer's idea of a good company name), wait it gets better, which describes itself as "bringing individuals and corporations into a consumer inclusive data economy", huh?, but actually does something around blockchain and authentication for health care companies, is acquiring Betterpath, which says it can access currently inaccessible health-related data to help with research. The end result, we are told, will be a company that creates "a powerful combination of Consumer Consent as a Service and healthcare's untapped datasets." Fire your PR firm right now, don't think about, don't delay, just fire them.
Two health care consulting firms are merging as Berkeley Research buys Prism Healthcare Partners in a deal that will result in a firm with over $225 million in revenue. Both firms primarily work with health systems.
CPSI, which provides EHR and revenue management systems for smaller hospitals, is acquiring Get Real Health, which offers care management and patient engagement solutions, for $11 million.
As is often the case these days, Comprehensive Pharmacy Services, which offers technology and pharmacist support to hospitals, is being sold from one private equity firm to another one.
Catalent, which offers comprehensive drug development and commercialization services, is acquiring Paragon Bioservices for $1.2 billion, adding expertise in manufacturing gene therapies.
Two EMR and practice management companies are joining forces, maybe so they can sink together, as DocuTAP and Practice Velocity merge their businesses. EMR companies face a new round of consolidation as the land grab is over, doctors are fed up with lousy systems and high prices, and value is non-existent.
HealthAxis, which offers plans and providers benefit administration software, is acquiring Analytics Partners, which provides various health analytics solutions.
Willis Towers (over) Watson, the large brokerage and consulting firm, is acquiring Tranzact for $1.2 billion, adding the "digital" brokerage and agency to its capabilities.
Diversified medical device and medical equipment firm Hill-Rom is acquiring Voalte, which offers a clinical communication platform for hospitals, for $180 million.
Complex care management provider for MA members Signify Health is acquiring TAVHealth, which works with community organizations to improve social determinants of health.
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.