Health care cost and utilization manager Magellan Health is acquiring 4D pharmacy systems for about $55 million to add a new dimension to its drug benefit management capabilities.
Orb Health has "rounded"-up investors to provide $650,000 in seed money for a portal providing physicians with various data on a patient, including from wearables, EHRs, etc. Outside my sphere of expertise.
Conversa Health has talked investors into handing it $2.5 million for its digital patient-provider communication tool. Conversely, it's only the 80th company offering that functionality.
Liaison Technologies has connected for another round of financing from Merck Ventures for its cloud-based data integration and management services, bringing total funding to $90 million.
Eli Global, a health care information technology firm, has had its eye on IO Practicewear, which sells software for ophthalmology practice management, and is purchasing the firm.
Summit Behavioral Healthcare has received an undisclosed investment from Flexpoint Ford to support its addiction treatment and behavioral health centers.
mySugr raised a sweet $4.8 million for its digital health solutions for diabetes patients, and will hopefully use some of that new funding to buy a capital M and an a for its name.
According to the Government Accounting Office, your tax dollars are not always well spent, what a shock. There were almost $125 billion in improper payments by the federal government last year, with the leading offender being Medicare at $60 billion and Medicaid in third at $17.5 billion.
Maximus, the very large government IT contractor, is getting maximal leverage by buying government healthcare IT contractor Acentia for $300 million, a maximum 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.