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Apr 02 2015

Teledermatology firm Spruce has spruced up the balance sheet with $15 million in new capital.  Not just getting by on the skin of their teeth.

https://www.pehub.com/2015/03/spruce-raises-15-mln-in-series-a/
Apr 02 2015

A Government Accounting Office Report finds that the reform law's premium tax credit (subsidy) has contributed to an expansion of the number of people with insurance but that many Americans still don't have access to a plan that is affordable (looking only at premium cost, not even considering the cost-sharing features).  And we are now learning that many people who thought they were going to get a subsidy aren't.

http://www.gao.gov/assets/670/669165.pdf
Mar 30 2015

Surgery Partners, an operator of ambulatory surgery centers, is planning for an IPO that might value the company at as much as $2 billion.

https://www.pehub.com/2015/03/surgery-partners-preparing-for-summer-ipo-hires-banks-reuters/
Mar 30 2015

Fred's, which operates a large chain of discount stores, is acquiring specialty pharmacy firm EntrustRx for about $66 billion, no discount there.

http://www.businesswire.com/news/home/20150325005804/en/Freds-Acquire-EntrustRx-Specialty-Pharmacy#.VRl0tktFoVQ
Mar 30 2015

UnitedHealth Group is purchasing Catamaran, the pharmacy benefit management firm, for an astounding $12.8 billion.

http://finance.yahoo.com/news/unitedhealth-bulks-prescription-drug-cost-152847037.html
Mar 27 2015

Constellation Healthcare Technologies, which provides physician revenue cycle management software, has bought Physicians Practice Plus for up to $20 million.

http://www.reuters.com/article/2015/03/17/idUSASN0006ZM20150317
Mar 27 2015

Fagron has sold its Corilus division, which provides software in Europe to help providers manage their practices, to AAC Capital.

http://www.reuters.com/article/2015/03/16/idUSnHUG1ZlcRP+1d3+ONE20150316
Mar 27 2015

Procura, which offers cloud-based post-acute care software, has procured Indura Software, which sells home health care applications.

http://www.prweb.com/releases/2015/03/prweb12578025.htm
Mar 27 2015

In an announcement made to an audience pregnant with expectation, Clue has raised $680,000 for its fertility application.  I guess the investors weren't clueless.

http://mobihealthnews.com/30043/fertility-tracking-app-clue-raises-680k-to-grow-team-build-hardware/
Mar 27 2015

Healthentic has raised $3.75 million to aid in sales of their software to help employers indentify health savings opportunities.

http://www.geekwire.com/2015/healthentic-raises-almost-4m-to-boost-healthcare-analytics/
Mar 27 2015

Canadian telecommunications firm is expanding its health software offerings by purchasing MedeSync, an EHR vendor.

http://finance.yahoo.com/news/telus-health-acquires-medesync-electronic-090000595.html
Mar 27 2015

Joyable has happily grabbed $2.1 million for its app to help reduce social anxiety.  No reason for investors to be worried about their returns.

https://www.pehub.com/2015/03/joyable-grabs-2-1-mln-seed/
Mar 27 2015

Investors have routed $7 million to PatientRoute Systems, which helps hospitals use predictive analytics to improve operations.

http://medcitynews.com/2015/03/serial-entrepreneur-raises-7m-double-size-predictive-analytics-business-improve-surgical-capacity-planning/?utm_source=MedCity+News+Subscribers&utm_campaign=fb517a4d35-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-fb517a4d35-67648197
Mar 25 2015

97% of ER doctors say they order imaging and tests of dubious value in order to avoid potential lawsuits.  The study in Academic Emergency Medicine says such unnecessary tests adds $210 billion in annual health spending.

http://consumer.healthday.com/general-health-information-16/doctor-news-206/most-er-doctors-surveyed-ordered-unnecessary-tests-697688.html
Mar 25 2015

Despite good information availability, an NBER paper finds that consumers don't pay adequate attention to Part D plan features and pricing and this costs them each $536 and Medicare $550 million over three years.  You can lead a horse to water but you can't make them drink, or maybe the horse doesn't know how to find the water or maybe they aren't sure how to drink or maybe its too many drugs, or something like that.

http://www.nber.org/papers/w21028?utm_campaign=ntw&utm_medium=email&utm_source=ntw
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About this Blog

Kevin RocheThe 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.

Healthy Skeptic Podcast

Research

This is an outstanding report on total global drug spending and trends, with projections out to 2025.  It helps you understand this important area of health care, which does much...
June 1, 2021
The Office of the Actuary annual report on national health spending, covering 2018.
December 7, 2019
2019 Kaiser Family Foundation Employer Health Benefits Report
October 1, 2019
MedPAC 2019 Report to Congress
June 18, 2019

Headlines

InStride Health hit the ground running, well maybe walking, as it raised $30 million in additional capital for its pediatric mental health business.  Children’s mental health would be just fine...
June 17, 2026
GoHealth is another of those excessively valued health startups that was always destined to flounder and not it has filed bankruptcy and the company will be turned over to lenders....
June 8, 2026
Garner Health isn’t gathering any accolades from me, as it raises a new round of $100 million in capital at about a $2.5 billion valuation.   The company supposedly steers...
June 2, 2026
IKS Health, a British company with a US subsidiary that offers “care enablement” and mentions AI, of course,  is buying TruBridge for $557 million.  TruBridge offers revenue cycle management and...
April 30, 2026

Tags

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About This Blog

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 through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com. © Roche Consulting, LLC. Terms of Use.

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