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Jul 29 2014

Kurbo Health has raised $5.8 million for its mobile products to help children eat healthy and deal with weight issues.  Just what children need, another app to sit and look at instead of really being "mobile" and getting some exercise.

http://www.pehub.com/2014/07/kurbo-health-raises-5-8mln-series-a-led-by-signia/
Jul 25 2014

A Modern Healthcare survey finds that physician pay in 23 specialties changed little from 2013 to 2014.  Only five specialties had increases that exceeded inflation growth, including oncologists and Ob/Gyns.  A number of specialists have average compensation exceeding $300,000 and several are over $400,000, with orthopedic surgeons topping out at an average $523,000.  Can't feel too sorry for them.

http://www.modernhealthcare.com/article/20140719/MAGAZINE/307199981&utm_source=AltURL&utm_medium=email&utm_campaign=mpdaily?AllowView=VXQ0UnpwZTVEZldYL1I3TkErT1lBajNja0U4VURlZFVFQk1JQlE9PQ==
Jul 24 2014

Lumeris, also known as Essence Technology Holdings, raised an additional $71 million to support its business of HIT for payment and other health care processes.

http://www.bizjournals.com/stlouis/blog/biznext/2014/07/lumeris-raises-71-million-in-venture-capital-from.html
Jul 24 2014

PSA screening for prostate cancer should be done judiciously, according to a review of the research in JAMA.  While it prevents deaths, it may lead to over-treatment of potentially benign tumors.

http://jama.jamanetwork.com/article.aspx?articleid=1841972
Jul 24 2014

Symphony Technology Group has completed its acquisition of System C from McKesson.  Symphony is a private equity investor and System C is a large vendor of health care software in the UK.

http://www.symphonytg.com/symphony-completes-acquisition-of-system-c-from-mckesson-and-announces-a-new-leadership-team/
Jul 24 2014

Research in JAMA finds that for the top 10% of Medicare beneficiaries in annual spending, only a small percent of that cost is due to avoidable ER visits and hospitalizations could be avoided by better outpatient care.  Darn, another theory shot down.

http://jama.jamanetwork.com/article.aspx?articleid=1699911
Jul 23 2014

Research in JAMA reports on a trial using tele care management for musculoskeletal pain, finding that automated symptom monitoring and a stepped-care approach to pain meds outperformed usual care.

http://jama.jamanetwork.com/article.aspx?articleid=1887761
Jul 23 2014

Lumin Medical, a health care IT shell acquisition company, has purchased PatientTrak, which provides patient check-in and tracking software.

http://finance.yahoo.com/news/lumin-medical-purchases-patienttrak-130000662.html
Jul 23 2014

AOD Software, which provides software for senior care firms, has acquired Stratis, which provides home health care software.

http://www.aodsoftware.com/press/aod-software-acquires-stratis/
Jul 23 2014

A survey by The Associated Press confirms that most Americans have little faith in their ability to select doctors based on quality, with only 22% saying they are confident they can find and use quality information to compare physicians.  Sixty percent rely on friends and family.  Only 4% think they get poor quality care, contrary to what research suggests.  Most judge doctors on characteristics like friendliness and listening.  And having insurance coverage for a particular doctor is very important.

http://abcnews.go.com/Health/wireStory/doctors-check-vitals-check-24637964?singlePage=true
Jul 23 2014

LifeNexus, which offers a method for patients to maintain and access health records, has received a multi-million dollar investment from Camden Partners.

http://www.pehub.com/2014/07/camden-partners-leads-series-a-round-for-lifenexus/
Jul 22 2014

Health Insurance Innovations, a company offering health plan administration services, has purchased HealthPocket, which provides health plan and health services purchasing data for consumers.  The purchase price was about $31 million.

http://money.cnn.com/news/newsfeeds/articles/globenewswire/10089276.htm
Jul 22 2014

Shire has capitulated and agreed to accept a measly $55 billion from AbbVie in a merger.

http://uk.reuters.com/article/2014/07/19/us-abbvie-shire-idUKKBN0FN0X620140719
Jul 22 2014

According to a study in the Annals of Family Medicine, greater use of text and telephone communication with diabetes patients was associated with an increase in in-person office visits, contrary to hopes that these cheaper forms of clinical interaction would reduce office visits and save on costs.

http://annfammed.org/content/12/4/338.full
Jul 22 2014

Alliance Healthcare Partners has invested $3.5 million in Prodigo, taking control of the hospital contracting and supply-chain consulting firm.

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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

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
A company called Whoop raised a ridiculous $575 million in new capital at a supposed $10 billion valuation.  The press release was released on April 1, so I would like...
April 5, 2026
Big deals continue in health care financings.  eMed, which manages weight loss medications for employers, raises a hefty $200 million, giving it a valuation of $2 billion, which seems crazy....
March 31, 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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