MyHealthTeamshasreceived$5millioninnewfinancingforitschronicdiseasecommunitysupportbusiness. (don't blame me, apparently you aren't supposed to put spaces between words any more)
UnitedHealth has lowered earnings guidance for 2016, citing individual exchange product issues. Here is an early 2016 prognostication; we have seen several hospital companies report deteriorating profitability and we are seeing health plans do that. Prepare for a new burst of health care inflation growth.
Looking to optimize returns for investors, Alpine has invested in Optima Healthcare, which offers therapy management software for post-acute care providers.
TigerText, which offers a secure messaging service for health care-related uses, has raised $50 million in new investment. What they are going to do with it and how the investors are going to get a return is unclear, at least to me.
WorkWell Medical has worked the financial markets well to get an undisclosed amount of new financing for its occupational health and urgent care center business.
A PE firm is buying Examination Management Services, which does what its name says, provides medical information, investigation and risk adjustment services for insurers.
Telepsychiatry provider 1DocWay was apparently one document away from being acquired by Genoa Healthcare, whose primary business is operating pharmacies in community mental health facilities.
Envision Healthcare is acquiring Questcare Medical for about $135 million, adding another large medical group to its stable of medical specialists and other capabilities.
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.