Mednax, which owns and manages physician practices, has acquired revenue-cycle vendor Cardon Outreach to add to its services capabilities, and has also added physician practices in Minnesota.
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.
Evidation Health has raised $11.6 million in new funding to help provide clinical evidence on new digital health and app products, which I thought were so obviously wonderful that they didn't need any evidence that they actually make a difference.
PE-owned MedAssets-Precyse, formed in a complex transaction, is acquiring Equation, a health care provider financial and clinical outcomes consulting firm.
$25 million in new capital flows to EarlySense, a vendor of "contact-free" vital sign and other health data monitoring products.
https://www.pehub.com/2016/06/3336712/
Jun022016
Fruit Street Health raises a zany $5.4 million from physicians in a crowdfunding for something or other, maybe having to do with wearables, data, population health, a real fruit salad.
Covtiviti, which audits health care payments on behalf of CMS and commercial insurers, did an IPO raising over $230 million, but its stock closing off the offering price.
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.