League is in a league of its own, raising $25 million to help employers with a mobile platform to support wellness, health spending and other employee health insurance activities. Okay, let me add a little more to this; the moron that is the CEO of this company intends to eventually offer health insurance and refers to health insurance as just another industry waiting to be "ubered". I have news for you, buddy, health care is not like catching a ride somewhere. Take a good look at all the other startups thinking they are bringing some great technology that is going to revolutionize health care. IT NEVER HAPPENS.
Talkspace has talked spaced-out investors into giving it $15 million in new capital to build a new line of business--virtual group therapy for college students. Virtual is probably good for college students since apparently even looking at another person might trigger something or other. Maybe the firm should change its name to Talksafespace.
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.
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.