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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/
Dec 03 2019

HMS Holdings, a payment integrity vendor, has acquired Accent for $155 million, which also offers payment integrity solutions.

https://www.healthdatamanagement.com/news/hms-buys-accent-for-155m-to-expand-offerings-for-health-plans
Dec 02 2019

Presidium Health, a vendor of mobile health management services for treating complex patients at home, has raised $3.5 million in initial capital.

https://www.businesswire.com/news/home/20191119005049/en/Presidium-Health-Announces-Series-Funding
Dec 02 2019

Astarte Medical makes a start by getting an initial $3.5 million in capital for its software and analytics to help manage the care of premature infants.

http://astartemedical.com/pr-newswire-2/
Nov 22 2019

Continuing a trend of firms focusing on minute body systems, a company called EBT has raised $10 million for "pelvic health".  Apparently they use neuromodulation to calm an overactive bladder.  I would like to announce that I am starting a new company and would happily take even $5 million in financing  for it.  I have noticed that people often have problems in the webby spaces between their toes and fingers.  So I am starting a digital web health company.  Notice I already have two of the necessary buzz words in there.  I also intend to be disruptive and I will use analytics and big data and I am sure machines can learn something about this and any intelligence applied to the area will definitely be artificial.  Send checks or Paypal, Applepay, whatever, as soon as possible.  I guarantee the same return you will get from investing in other companies with  similar descriptions of their business.

https://www.richmond.com/news/national/ebt-secures-usd-m-series-a/article_008ef005-7442-5871-b4f7-57e373762892.html
Nov 22 2019

Rightway Healthcare secures $20 million in new capital for, once again, some gibberish relating to a service that I can't understand, but apparently has something to do with helping the patient on their journey through the health system.

https://www.businesswire.com/news/home/20191121005881/en/Rightway-Healthcare-Secures-20-Million-Series-Financing
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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

Health care is a big part of the economy so investment dollars tend to flow there, not always wisely.  There is alot of gibberish in this press release from Pearl...
July 9, 2026
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

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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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