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Aug 11 2016

Physician IT costs, driven by government regulations, continue to rise rapidly, pressuring profitability, according to an MGMA survey.  In 2025, IT costs averaged $32,500 per physician, up 40% since 2009.

http://www.mgma.com/about/mgma-press-room/press-releases/2016/healthcare-technology-costs-top-32-500-dollars-per-physician
Aug 11 2016

Avia, which consults with hospitals on being innovative, has landed $7.2 million in new financing, primarily from the providers it works with.

http://www.modernhealthcare.com/article/20160810/NEWS/160819997?utm_source=modernhealthcare&utm_medium=email&utm_content=20160810-NEWS-160819997&utm_campaign=financedaily
Aug 10 2016

Workit Health works the room, laboring to find $1.1 million in new capital to support its addiction recovery service.

http://medcitynews.com/2016/08/workit-health-raises-1-1m-bid-go-beyond-digital-version-traditional-addiction-recovery/?utm_source=hs_email&utm_medium=email&utm_content=32737007&_hsenc=p2ANqtz--zp-ywEJ670xvSbKKvVHzeTuh2-TcjdJDjO5XkRrxbfdWSvVY7qeqUjTNWG4yT_qzyPQWglma5wKG8JFCAmdj9IgdQRKo8mSp8VSYwKjoCINcuP9c&_hsmi=32737007&rf=1
Aug 10 2016

CareSkore (ok, I can't even begin to figure out what that is supposed to mean) has raised $4.3 million (apparently the investors weren't worried about the name) for its predictive population health management products.  (Maybe it was supposed to be CareSnore)

https://www.pehub.com/2016/08/careskore-raises-4-3-mln/
Aug 10 2016

HealthStream, which helps health care companies with workforce issues, is acquiring Morrisey Associates, a vendor of clinician assessment and improvement services, for $48 million.

http://www.modernhealthcare.com/article/20160809/NEWS/160809910?utm_source=modernhealthcare&utm_medium=email&utm_content=20160809-NEWS-160809910&utm_campaign=financedaily
Aug 09 2016

Home health care technology firm Honor gathers a hefty $42 million in fresh funding.

https://www.pehub.com/2016/08/3346893/
Aug 09 2016

Aligned Telehealth gets $12 million in financing to aid in its behavioral health focused telemedicine service.

https://www.pehub.com/2016/08/aligned-telehealth-takes-in-12-mln-series-a/
Aug 09 2016

Survey and patient satisfaction firm Press Ganey is being acquired by a PE firm for $2 billion.

http://www.modernhealthcare.com/article/20160809/NEWS/160809911?utm_source=modernhealthcare&utm_medium=email&utm_content=20160809-NEWS-160809911&utm_campaign=mh-alert
Aug 06 2016

Teledermatology company 3Derm garners $3 million for expansion.

http://medcitynews.com/2016/08/3derm-teledermatology-business/?rf=1
Aug 06 2016

Online EMR vendor Elation is ecstatic to receive a joyous $15 in new funding from ebullient investors.

https://techcrunch.com/2016/08/04/elation-health-receives-15m-to-take-another-crack-at-electronic-health-records/
Aug 04 2016

Providence Health, a Washington state-based health system, is acquiring Medicast, which has a mobile app for physician house calls.

http://mobihealthnews.com/content/providence-st-joseph-health-acquires-medicast-early-app-enabled-house-call-service-provider
Aug 04 2016

Medicare's hospital readmission penalty, which we have repeatedly described as unfair and inept, is now punishing more than half the country's hospitals, with a cumulative revenue loss of over $500 million.

http://khn.org/news/more-than-half-of-hospitals-to-be-penalized-for-excess-readmissions/
Aug 04 2016

Another drug company service firm, CRO Medpace, is seeking to go public and raise as much as $151 million.

http://www.fiercebiotech.com/cro/medpace-seeks-151m-ipo-says-cro-industry-worth-31b-by-decade-s-end?utm_medium=nl&utm_source=internal&mrkid=635530&mkt_tok=eyJpIjoiWkRCaU9HSTBNek5sWVRaaiIsInQiOiJwa2Vpa1FZY05nN2V4b1hiS0dsWE42MEswMmNCVFYrMzVHRWloYVVBZnA3cFlyRU1xTVJET0NBQW9sd3JFTGUxYnJZOHprUWV6RFNOVXZrMzBFZkFidzNQVTU5YXh5Z1FVbTlFYmxxQnlYVT0ifQ%3D%3D
Aug 04 2016

Drug marketing service firm Inventiv has cancelled its return as a public company, instead taking a huge investment from a PE firm.

http://www.fiercebiotech.com/cro/inventiv-cancels-ipo-as-it-announces-major-investment-from-advent?utm_medium=nl&utm_source=internal&mrkid=635530&mkt_tok=eyJpIjoiWkRCaU9HSTBNek5sWVRaaiIsInQiOiJwa2Vpa1FZY05nN2V4b1hiS0dsWE42MEswMmNCVFYrMzVHRWloYVVBZnA3cFlyRU1xTVJET0NBQW9sd3JFTGUxYnJZOHprUWV6RFNOVXZrMzBFZkFidzNQVTU5YXh5Z1FVbTlFYmxxQnlYVT0ifQ%3D%3D
Aug 04 2016

GoHealth, the operator of an online health insurance marketplace, is acquiring health insurance agency Connected Benefits to facilitate offering of group plans.

http://www.chicagotribune.com/bluesky/originals/ct-gohealth-acquisition-group-insurance-bsi-20160722-story.html
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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

Tags

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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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