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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/
Dec 13 2019

Yet another firm to supposedly to facilitate sharing of information in the health system, Bridge Connector, has raised $5 million in new capital.

https://medcitynews.com/2019/12/with-5m-investment-bridge-connector-readies-new-product-to-tackle-interoperability/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=80738274&_hsenc=p2ANqtz-_butUINHNKUElB6jQW1FOqpmUlAGHgP8O6pFgEuhY-ybkG3Xq0ia8YjAnYprvnwP4_MgKyQB1ub2rwetqHO26sZdh3yClpi_In9smnW4-ZkWi1OD8&_hsmi=80738274&rf=1
Dec 11 2019

A private equity firm has combined two firms specializing in delivering pharmacy services to patients served by community health centers--Long's Drugs and PharMedQuest Pharmacy Services.

https://www.kinderhook.com/press-release/kinderhook-recapitalizes-longs-and-pharmedquest-to-create-leading-covered-entity-pharmacy-services-provider/
Dec 10 2019

A private-equity firm is buying Centria, a vendor of autism treatment services, for around $415 million.

https://www.pehub.com/thomas-h-lee-partners-buys-centria-in-400-mln-plus-deal/?utm_source=sailthru&utm_medium=email&utm_campaign=pe%20hub%20wire%202019-12-10&utm_term=pehub%20wire
Dec 09 2019

And the big just keep getting bigger, as OptumRx, the UnitedHealth unit, is buying Diplomat, a specialty pharmacy and infusion vendor, for around $4 a share.

https://www.businesswire.com/news/home/20191209005205/en/Diplomat-OptumRx-Combining-Advance-Access-Specialty-Pharmacy
Dec 07 2019

The Office of the Actuary annual report on national health spending, covering 2018.

https://www.healthaffairs.org/doi/full/10.1377/hlthaff.2019.01451
Dec 05 2019

Mitchell/Genex, a vendor of managed care and other services for workers' compensation and other insurers, is acquiring CompAlliance, which performs case management for workers' compensation plans.

https://www.businessinsurance.com/article/20191203/NEWS08/912331999/MitchellGenex-acquires-managed-care-services-firm?utm_campaign=BI20191204WorkersComp&utm_medium=email&utm_source=ActiveCampaign&utm_campaign=BI20191204WorkersComp&utm_medium=email&utm_source=ActiveCampaign
Dec 03 2019

As part of its effort to close the WellCare acquisition, Centene is selling its Illinois health plan to CVS/Aetna for an undisclosed amount.

https://www.reuters.com/article/us-wellcare-health-m-a-centene/centene-to-sell-illinois-health-plan-unit-to-cvs-to-aid-merger-with-wellcare-idUSKBN1Y614D
Dec 03 2019

Trilliant is brilliant, getting a "major" but undisclosed investment from a PE firm to support its business of helping hospitals grow revenue.

http://astartemedical.com/pr-newswire-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

Hinge Health, which manages care for musculoskeletal and migraine conditions, opens the door to gastrointestinal care with a $105 million acquisition of Cylinder Health, which focuses on managing meds and...
August 5, 2026
If you are a health care company, you too can raise astronomical sums of capital if you claim to be part of the AI wave.  Function Health demonstrates by raising...
August 3, 2026
Included Health wants no one to feel left out, so it is buying Firefly Health, which is attracted to the light of all that money.  Included Health is yet another...
July 29, 2026
Telehealth is still going strong and whenever possible the companies in the field talk about AI.  Doctronic has an “AI Doctor” which you can visit and it is acquiring Summer...
July 29, 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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