Insurance exchange software vendor Connecture is buying competitor Connected Health. Connecture is an example of an overhyped technology company going public, with the obvious consequences. It went public at $9 and is currently trading at $1.27.
PE-owned MedAssets-Precyse, formed in a complex transaction, is acquiring Equation, a health care provider financial and clinical outcomes consulting firm.
Health care staffing firm Advanced Medical Personnel Services is acquiring Rise Medical Staffing.
https://www.pehub.com/2016/05/3331637/
May062016
MultiPlan, which offers PPOs and other cost containment services to self-funded employers, TPAs and smaller health plans, is being acquired by a PE firm.
PE firm Warburg Pincus is acquiring urgent care software vendor DocuTAP.
https://www.pehub.com/2016/05/3330402/
May032016
Making a lovely twosome, MedData couples itself to Duet Health, marrying the former's revenue cycle data management business with the latter's patient engagement capabilities.
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.