WellBrain is acquiring Mevoked, and investors will hopefully combine the names and get "Woked". WellBrain has apps to help with chronic pain management and Mevoked has apps to help women with pregnancy, a natural fit since the product of pregnancy often creates pain for the parents. Well, Brainy investors, Me has joked enough.
Medisys, a Canadian provider of health and wellness services through employers, has been sold to the Telus Corporation, a large Canadian telecommunications company.
AdvancedMD, a provider of EHR and practice management software for smaller provider practices, is being purchased by Global Payments for about $700 million.
EHR and practice management software vendor Medicare is acquiring BlueStrata EHR, which provides electronic medical record software for post-acute providers.
PE firm Apollo is buying hospital chain LifePoint Health for around $5.6 billion, and will merge it with RCCH Healthcare Partners, which also operates a set of health systems.
AdvancedMD, which offers practice management software to independent physician offices, is acquiring NueMD, which appears to do the same thing. New name to be MDMD or Advanced & Nue.
In a convoluted transaction, EHR and other health care software vendor Cerner is investing $266 million in Essence Holdings, which owns population health vendor Lumeris and operates primary care clinics. The companies will also work toward creation of a software product aimed at Medicare Advantage plans.
EXLService Holdings, a general analytics firm, is buying Scio Health Analytics, a vendor of data warehousing and analytics for health providers and plans, for $236 million.
Centauri Health Solutions, which provides revenue optimization and quality of care services to providers and plans, is acquiring NHI Billing Services, which offers revenue management and billing services to health systems in regard to Medicaid.
https://healthy-skeptic.com/wp-admin/post-new.php
Jun292018
Okay, so now everyone in the pharmacy business can officially freak out, Amazon said it will buy PillPack for about $1 billion. PillPack bundles drugs and ships them to patients who buy online. I don't think that is actually much of a threat to the Walgreens and CVS' of the world.
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.