A PE firm is buying a majority interest in Pareto Captive, which helps self-funded employers band together to organize captive benefits insurers. The price apparently was in excess of $200 million.
Telus Health, a subsidiary of the large Canadian telecommunications company, tells us that it is buying the combined Akira/Right Health firm, a vendor of virtual care software.
Hold on to your hats, the world of health care is being transformed, by the transformative merger of iGambit and Clinigence, or at least that is what the press release says. The former is a health risk assessment platform and the later does population health analytics.
https://www.igambit.com/blog
Aug152019
Aspirion, which aspires to get larger, is buying Specialized Healthcare Partners, which helps providers collect on complex claims. Aspirion provides other revenue cycle management services to providers.
Accolade, which supposedly helps patients "navigate" the medical care system, wins plaudits for acquiring MD Insider, which offers data on provider quality and cost.
Physician staffing firm Sound Physicians hears the market and calls an audible, acquiring iNDIGO Partners, a Michigan telemedicine and hospitalist staffing firm.
Large European conglomerate Philips has expanded its burgeoning health division by acquiring Medumo, which helps hospitals communicate with patients through text and email.
Two companies involved in health care information sharing technology, Rhapsody and Corepoint Health, will make beautiful music together, as they merge into a single company.
Carenet Health, which claims to do patient engagement, telehealth and clinical support, is acquiring Citra Health, which offers administrative and clinical software to providers and health plans.
Net Health fishes up the best deal for Optima Healthcare Solutions, combining two providers of software for various providers, including specialty services and the post-acute care market.
Providence St. Joseph health system is buying an Epic consulting firm, Bluetree, which I assume may reflect some difficulty they are having with their EHRs.
Patients Like Me apparently is also liked by UnitedHealth Group, as the uber-acquisitive firm is buying the creator of communities for patients with particular diseases. The patients' data is collected and sold to drug companies and others to generate revenue.
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.