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May 07 2020

Another typical post.  For new readers, this blog usually is all health care business, policy, and research and one staple is me making fun of the ridiculous names people put on their start-up health care companies.  Wellth, which uses behavioral economics to encourage better treatment plan aherence, has raised $10 million in new financing.  Now normally I would find a pun or something that I at least think is clever about that name, but right now I am multi-tasking listening to the daily coronavirus briefing, and that is just depressing.

https://www.wellthapp.com/news/wellth-raises-10m-to-drive-better-health-outcomes-through-behavioral-economics
May 05 2020

Yikes, another non CV item.  Change Healthcare, which offers a variety of health care analytics and administrative services, is buying an e-prescribing business for $213 million and selling one analytics unit to Kaufmann Hall.

https://www.fiercehealthcare.com/tech/change-healthcare-buys-back-pharmacy-unit-for-213m-sells-analytics-division-to-kaufman-hall?mkt_tok=eyJpIjoiWW1JMU9EYzVNREprWTJZMyIsInQiOiJJXC8xNkJjT3RTZmNXR05idTFnMGlzdkJ3bndlY3NYUm52bVc0Y2FyQUVENnlUUkhrNEZ2emdPd01VWEhVZmpjSTdvSGxRaUZBckk3S1hcL25sNmY2b1ZJY01aQkQ4NlByYWdFOHg3YmNYVGRsRFo5QXc4XC9yUUtwcEhFRXRsYnFGSSJ9&mrkid=635530
May 02 2020

Look, a non-coronavirus item.  Medicaid health plan operator Molina is buying Magellan's health plan business and its care management and PBM businesses for around $820 million.

https://www.fiercehealthcare.com/payer/molina-to-buy-magellan-complete-care-820m-deal?utm_medium=nl&utm_source=internal&mrkid=635530&mkt_tok=eyJpIjoiTVRjNFpUaGhOalZqWlROaCIsInQiOiJqNzhYZE1RTzgyUTNhS1h0eUdJNXFDRjk0ZSszSnZTUWdJQTFHOXFXWFQzZmQwbGEwaXpSZTNWWEFhZnZESWY1Tlo0RWxNVFdUK2xNYVQxQkpySk1SSUg0U2dXamVRKzdsQXZHenJVYlZFZGE2U3FPWVJodGYyR296MHUzM2ZrNiJ9
Apr 21 2020

Jay Battacharya is a Stanford University based physician and economist.  We shared a video of a discussion with him on coronavirus issues a couple of weeks ago.  Here is a followup in which he talks about where we are now, including his work on antibody prevalence studies and the need to take into account the health harms of the lockdown.

https://www.youtube.com/watch?v=k7v2F3usNVA&list=PLq8BgDugd2oyqmYx6RdVlJfQeAdhJkhc3
Apr 13 2020

A Forbes article describes the discovery of coronviruses.

https://www.forbes.com/sites/alexknapp/2020/04/11/the-secret-history-of-the-first-coronavirus-229e/#4178d74971d6
Apr 08 2020

HTD Health, which offers health care software development services, has acquired CareVoice, a provide of advance planning and end-of-life care tools.

https://www.prnewswire.com/news-releases/htd-health-acquires-carevoice-an-advance-care-planning-platform-301027899.html
Apr 08 2020

Keona Health, whose software facilitates communication between providers and patients, receives an undisclosed amount of capital.

http://www.finsmes.com/2020/03/keona-health-receives-investment-from-riverside.html
Apr 08 2020

ReferWell, which helps physicians make referrals to specialists, raised $2.7 million in capital.

https://www.intelligence360.news/stamford-connecticut-based-referwell-is-raising-2700000-00-in-new-equity-investment/
Apr 07 2020

ClinOne, a vendor of a remote clinical trial management software platform, has raised an initial funding round of $3.6 million.

https://apnews.com/Business%20Wire/c917affbd17f4c288dc5174fa96f136c
Apr 07 2020

Fruit Street goes bananas, becoming the apple of investor's eyes and raising a fresh $17 million in financing for its diabetes prevention program.  Hope investors don't end up with sour grapes.  Orange you glad I did this post.

https://medcitynews.com/2020/03/funded-by-physicians-fruit-street-health-raises-17m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=84447631&_hsenc=p2ANqtz-81bC4XdDvu-h7FPHL6NLuyTsFFapT_p3ikfjOpdVb46V35JJPA12tFex1Vos1-xjljlm5snTPkobJ1minvc3SaoqJ-FMLXYL69giuT1EpFi4O9uJg&_hsmi=84447631
Apr 07 2020

Telehealth Solution, which offers telemedicine capabilities in institutional settings,  has received an undisclosed amount of additional capital from a private equity firm.

https://newcapitalpartners.com/news/press-release-new-capital-partners-invests-in-telehealth-solution/
Apr 03 2020

SteadyMD Telehealth raises $6 million in new capital for its telehealth service that allows its doctors to see patients virtually.

https://www.steadymd.com/2020/04/02/steadymd-telehealth-raises-6m-to-expand-technology-and-services-to-match-people-with-personal-online-doctors/
Apr 03 2020

Pathway Healthcare is on the road to financial success, securing a new round of capital for its addiction recovery centers.

https://www.pehub.com/pathway-healthcare-rakes-in-funding-from-ephemeris/?utm_source=sailthru&utm_medium=email&utm_campaign=pe%20hub%20wire%202020-04-03&utm_term=pehub%20wire
Apr 02 2020

In this environment, I am impressed if anyone is raising money, but AristaMD garnered $18 million in capital for its software that assists in performing eConsults.

https://medcitynews.com/2020/04/aristamd-raises-18m-for-econsult-software/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=85641985&_hsenc=p2ANqtz--BINqcAGREU_xkBjraSzi_ksgbGOCJhkL7qMGm53Ewqjokd0hG6XssQKccMyZA2u7lJAu3N2ygfjT1l9ejlQuVYcyjuSuWj88mgWcFBwqeQnJxj7w&_hsmi=85641985&rf=1
Apr 01 2020

A Governor shows some backbone in considering the interests of all the people of her state.

https://www.desmoinesregister.com/story/news/health/2020/03/31/iowa-gov-kim-reynolds-hold-news-conference-coronavirus-outbreak-covid-19/5092640002/
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About this Blog

Kevin RocheThe 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.

Healthy Skeptic Podcast

Research

This is an outstanding report on total global drug spending and trends, with projections out to 2025.  It helps you understand this important area of health care, which does much...
June 1, 2021
The Office of the Actuary annual report on national health spending, covering 2018.
December 7, 2019
2019 Kaiser Family Foundation Employer Health Benefits Report
October 1, 2019
MedPAC 2019 Report to Congress
June 18, 2019

Headlines

Angle Health, a vendor of a supposedly artificial intelligence powered health benefits platform for employers raised $134 million in new capital.  All you have to do is mention AI and...
December 4, 2025
Reema Health, which calls itself a complex care management company, reamed investors for $19 million in capital, to be used for the usual “to support growth”.  The firm works with...
December 2, 2025
Press Ganey, which provides market research for health plans and providers , is being purchased by health care survey firm Qualtrics for $6.75 billion.  Both companies claim this is all...
October 6, 2025
Another weirdly named company, Thyme Care, spices things up by raising a fresh $97 million in capital to support its cancer care managment business.
September 25, 2025

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About This Blog

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 through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com. © Roche Consulting, LLC. Terms of Use.

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