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Dec 20 2019

LeanTaas fattens up with $40 million in new financing for its predictive analytics to help manage the use of health care resources.

https://medcitynews.com/2019/12/goldman-sachs-plows-40m-into-california-predictive-analytics-startup/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81089305&_hsenc=p2ANqtz-_CwisXK41QlIl_6EKEB8YHq3into8AgsPWv2STFKcNffbcYJcL8cJy7lP2kU6PSDdb9ldNoINH6VAOAUboQ0pRLyIxSJqAx-FEDMmqvkJ_ZRjL1Zc&_hsmi=81089305&rf=1
Dec 20 2019

Caresyntax (might want to change that name, a lot of people care about sin taxes), a vendor of software to reduce surgery complications, has raised about $46 million in new financing and used part of it to acquire, Syus, which offers analytic services to hospitals.

https://medcitynews.com/2019/12/or-software-company-raises-45-6m-and-makes-a-new-acquisition/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81089305&_hsenc=p2ANqtz-_CwisXK41QlIl_6EKEB8YHq3into8AgsPWv2STFKcNffbcYJcL8cJy7lP2kU6PSDdb9ldNoINH6VAOAUboQ0pRLyIxSJqAx-FEDMmqvkJ_ZRjL1Zc&_hsmi=81089305&rf=1
Dec 19 2019

NeuroFlow hits a nerve with investors, getting $7.5 million in financing for its platform that helps providers integrate mental health care and do remote mental health services.

https://medcitynews.com/2019/12/neuroflow-the-most-clinical-grade-out-of-sea-of-mental-health-solutions-lands-7-5m-investment/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81025361&_hsenc=p2ANqtz-9faPg_L5qeELd3CL_X5Zt3LpOQjYs05NlpG_Zy-2EumJreJFcFJj_GmU7zBOG0JYJJwcZY3bZGqZKrjZdpAAB54t9pOfvjWl4SbWcx4JGNsgH_UGM&_hsmi=81025361&rf=1
Dec 19 2019

Emilio Health has gathered a fresh $5 million in funding to develop a behavioral health home for children and families.

Projected growth in CO2 emissions driven by countries outside the OECD graph of energy-related carbon dioxide emissions by country or region, as explained in the article text Source: U.S. Energy Information Administration, International Energy Outlook 2016 Note: OECD is the Organization for Economic Cooperation and Development.
Dec 18 2019

Insight Telepsychiatry and Regroup Telehealth are combining to supposedly create the largest telepsychiatric vendor in the US.

https://www.mobihealthnews.com/news/insight-telepsychiatry-regroup-telehealth-merge-create-us-largest-telepsychiatry-provider
Dec 18 2019

More BS.  A study in Health Services Research finds that giving patients a personal "navigator" and some money to buy wellness related services and items provides only a very modest boost to patient activation scores and self-reported quality of life (I would feel better if people gave me things too) but has absolutely no information on impact on any real health status, utilization or spending effect, suggesting that there isn't any.

https://onlinelibrary.wiley.com/doi/abs/10.1111/1475-6773.13235
Dec 18 2019

Bright Health, a new health plan company focussed on narrow network products, secures an additional $635 million in financing, bringing its total to over a billion in capital.  Be interesting to see if they can ever generate a return on that.

https://www.prnewswire.com/news-releases/bright-health-announces-635m-series-d-funding-led-by-nea-300975710.html
Dec 17 2019

Humana is buying hospice pharmacy and PBM operator Enclara for an undisclosed sum.

https://www.fiercehealthcare.com/payer/humana-announces-deal-to-purchase-hospice-pbm-enclara-healthcare?mkt_tok=eyJpIjoiTURFd05EVTJaVEl3TTJJeCIsInQiOiJxYU1rVjQxTXFrY2ZwN2s5Q3dqaGdGV3ZySFlKblNWY2ZcL3F4TWdGZlBtSkZoeVBFMXphV1lqaHphN1Z1bGNRK2JBYzdoVW5GdzFtTGtQcWJIcFRMSXhNeXpmYzVWMmlhWDZXRWIrS2VLUGYxcXVFMkVrTjVrR2x2bTgrNDNqdEoifQ%3D%3D&mrkid=635530
Dec 17 2019

As seems to often be the case these days, at least until Elizabeth Warren is elected, a health care business is being sold by one private equity firm to another, this time it is EyeCare Partners, going for about $2.2 billion.

https://www.wsj.com/articles/partners-group-buys-u-s-eye-care-company-in-2-2-billion-deal-11576516689
Dec 17 2019

A study in Health Services Research finds that a hospital and a skilled nursing facility having a shared EHR for information exchange is not associated with reduced readmissions.

https://onlinelibrary.wiley.com/doi/abs/10.1111/1475-6773.13210
Dec 17 2019

Two providers of health trauma registries are combining, as ESO, which also sells a variety of emergency medical services related software, is acquiring Clinical Data Management.

https://www.eso.com/news/press-releases/eso-acquires-clinical-data-management/
Dec 16 2019

Caresyntax speaks to investors, raising $45.6 million in new capital for its software platform that helps manage surgeries.

https://www.bloomberg.com/press-releases/2019-12-12/caresyntax-raises-45-6-million-in-fresh-capital-bringing-total-to-77-5
Dec 16 2019

Zero Card gets something instead of nothing:  $7 million in funding for some kind of a goofy card that lets employers let employees let providers get a bundled payment, or something like that, but it is definitely going to disrupt, or is it erupt, anyway, just read the press releases, I am sure you will be impressed.

https://finance.yahoo.com/news/zero-card-announces-7m-series-170000597.html
Dec 13 2019

NextGen Healthcare, an EMR and practice management software vendor, is acquiring Otto Health, a provider of telemedicine software.

https://www.nextgen.com/-/media/files/press-releases/18581.pdf
Dec 13 2019

VirTrial, a vendor of software for clinical trials, has acquired SnapMD, which makes a telemedicine platform for providers.

https://snap.md/snapmd-completes-soc-2-and-hitrust-examinations-of-health-data-security-and-controls-2/
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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

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
Innovacer, which basically collects data on a patient from multiple sources and aggregates it, raised an astounding $275 million in new capital, supposedly at a valuation of almost $3.5 billion....
April 22, 2026

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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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