A private equity firm which was the primary owner of BrightSpring Health, which offers a variety of home care and other services, is selling it to another private equity firm, an increasingly common form of transaction. BrightSpring will be combined with PharMerica, which primarily operates pharmacies in long-term care facilities.
Waystar, a revenue cycle management software company, is acquiring Ovation Revenue Cycle Services, which was owned by UPMC health system. Give them a hand.
Virgin Pulse, an untouched wellness company, which recently acquired RedBrick Health, puts another brick in the wall by acquiring Viverae, another wellness firm.
Medical device firm ResMed, which has largely focussed on respiratory health, is buying Propeller Health, which has an app and disease management program to help with breathing issues, for $225 million? Okay, if you say so.
PE-backed TCGRx, which offers pharmacies an automated packaging system, implements a prescription for growth, buying Parata Systems, which has a similar product line.
Convey Health Solutions, Pareto Intelligence and HealthScape Advisors are merging creating a firm that will offer Medicare Advantage and other payers a wide-range of administrative and analytic services. New name is Advisors Intelligence Solutions or Intelligence Solutions Advisors or something like that.
Direct Urgent Care, which operates seven urgent care centers in California, is merging with Carbon Health, which uses an app to link people with urgent and primary care resources.
Premier, the large GPO and consulting firm for health systems, is acquiring Stanson Health, which offers clinical decision support software, for $51 million.
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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