EHR vendor Netsmart is acquiring Change Healthcare's home health care and hospice software business, which Change acquired when it bought McKesson's health IT division.
Genae, which provides clinical trial services to medical device firms, is buying data management firm Hilbert Paradox for an undisclosed amount, solving a conundrum.
General Electric is selling part of its health care information technology business to a PE firm for $1.05 billion. The unit sells staffing, revenue cycle and practice management software and was originally cobbled together when GE intended to compete with large health IT firms.
Once disgraced revenue cycle management firm Accretive Health cleverly changed its name to R1 RCM and is now acquiring Intermedix' practice management and analytics business for $460 million.
https://www.crunchbase.com/organization/hellomd
Mar192018
Continuing a whirlwind of recent deals, probably meant to mask serious issues, Centene has made a significant investment in RxAdvance, a supposedly futuristic PBM, with the right to increase its stake in the future.
Large health care IT vendor Cognizant is buying Bolder Healthcare Solutions, which offers revenue cycle management software and services for about $108 million.
In yet another massive attempt to remake the health system, or at least change your declining fortunes, Cigna is buying PBM Express Scripts for $67 billion. This makes Cigna more like UnitedHealth and Aetna, if the CVS merger goes thru, in having a substantial stake in the pharmaceutical game, and it will whack UnitedHealth's OptumRx unit, as it currently works for Cigna.
Innovation, which has struggled to find profitability, is acquiring Ability Network, which provides various communication and administrative functionality for providers and payers, for a whopping $1.2 billion.
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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