Data analytics company Health Lumen is acquiring Cobalt Talon, a similar vendor. You have to read the press release because it is the best example I have ever seen of jargon that tells you absolutely nothing about what these companies actually do.
Cardinal Health, the large distributor of drugs and other supplies, is buying TelePharm, which helps hospitals and others electronically administer prescriptions.
Digital patient engagement platform vendor Zillion Group gets not a trillion, not a billion, but $28 million in new capital, which seems like $27.9 million too much.
According to research firm Markets & Markets, the North American HIT market will have revenue of $104 billion by 2020, and I am sure buyers will feel like they got every penny worth of value.
EHR vendor athenahealth is buying Patient IO, a care coordination platform used to engage patients in their health needs. EHR vendors are all trying to create more one-stop HIT shopping for their customers, and generally doing a lousy job at it.
Yet another PE firm is recapping Matrix Health, the vendor of Medicare risk adjustment services. This time it is Frazier Healthcare in a deal reportedly worth $418 million.
KRY, which offers technology for video consultations with physicians, has raised 6.1 million euros to expand its business from Sweden to international markets.
N. Harris Computer Corp., which has a division offering health care IT services, is acquiring DigiChart, which provides EMRs for obstetricians and gynecologists.
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.