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Nov 11 2019

Healthcare.com, which offers software to help consumers compare and purchase health insurance and Medicare plans, garners a fresh $18 million in funding.

https://www.prnewswire.com/news-releases/healthcarecom-secures-18-million-in-series-b-funding-to-expand-its-health-insurance-technology-solutions-300953000.html
Nov 11 2019

Access Physicians, a vendor of subspecialty telemedicine services, has secured $9.3 million in new capital.

https://www.prnewswire.com/news-releases/access-physicians-receives-investment-to-expand-national-acute-care-delivery-via-telemedicine-300953608.html
Nov 07 2019

TCS Healthcare, a vendor of managed care and population health software, has received an undisclosed amount of financing from a PE firm.

https://www.pehub.com/2019/11/hcap-partners-invests-in-tcs-healthcare/
Nov 07 2019

Healthify has garnered a fresh $16 million in financing to support its platform to manage social determinants of health.

https://www.globenewswire.com/news-release/2019/11/04/1940478/0/en/Healthify-Raises-16M-to-Integrate-Health-and-Social-Services.html
Nov 04 2019

Here is a prime example of policy-making lunacy from those who think they can dictate how people live.  Let's make people stop drinking sugary beverages like soda by putting a huge tax on them.  A paper at the National Bureau of Economic Research demonstrates that these taxes as enacted in four cities, had basically zero impact, in fact only in one city, Philadelphia, did there appear to be any effect on consumption, and other research has shown that is bogus because people just went outside the city limits to pay less for their soda.  These taxes are extremely regressive and do nothing to improve public health.  But don't expect the people in favor of them to show any open-mindedness or recognition of the limits of government's ability to affect individual behavior.

https://www.nber.org/papers/w26393
Nov 04 2019

Google is buying Fitbit for around $2.1 billion, putting the wearables maker out of its misery.  Fitbit was hot for a while, then crashed on unrealistic growth expectations.  And the big tech firms just get bigger and more intrusive.

https://www.beckershospitalreview.com/healthcare-information-technology/google-buys-fitbit-for-2-1b.html?oly_enc_id=4013B4524489F1Y
Nov 01 2019

Eversana, a vendor of commercialization services to life sciences companies, has acquired Cornerstone Research Group, which offers health economics research.

https://www.pehub.com/2019/10/pe-backed-eversana-to-acquire-cornerstone-research-group/
Nov 01 2019

Aflac invests in Sharecare, yet another digital health company that lets patients manage their "health journey" in one place.  How tedious.

https://www.prnewswire.com/news-releases/aflac-corporate-ventures-makes-strategic-investment-in-sharecare-to-accelerate-digital-health-innovation-and-the-well-being-of-georgia-300947164.html
Oct 31 2019

Ooooh, disruption, how cool is that, Sana Benefits reels in $6.3 million in new capital for its software that will fix the "stone age" health insurance industry.  It is targeting medium and small employer plans.  All it will end up doing is adding cost and complexity.

https://venturebeat.com/2019/10/29/sana-benefits-gets-6-3m-to-disrupt-stone-age-healthcare-insurance-industry/
Oct 31 2019

Scary stuff, boys and girls, investing in the hype of the moment.  A company called Socially Determined has garnered $7.3 million in financing for its product that focuses on analyzing and measuring the social determinants of health.  Not a ghost of a chance that this succeeds.  It will be a zombie company, like a vampire sucking more funds from investors.

https://www.prnewswire.com/news-releases/socially-determined-raises-over-7-3-million-in-series-a-funding-300946065.html
Oct 31 2019

Workday Ventures tries to get in a league of its own, as it makes a significant investment in League, which offers software to help employers manage health benefits.

https://www.prnewswire.com/news-releases/league-joins-workday-software-partner-program-to-help-transform-the-health-and-benefits-industry-300947243.html
Oct 31 2019

The Optum division of UnitedHealth Group has apparently acquired Vivify Health, which conducts remote patient monitoring for a variety of conditions.

https://www.cnbc.com/2019/10/30/unitedhealthcare-acquires-vivify-health-patient-monitoring-start-up.html
Oct 31 2019

Contract research vendor Icon has acquired Symphony Clinical Services, which provides clinical trial-related services in a patient's home.

https://www.fiercebiotech.com/cro/icon-snaps-up-at-home-patient-services-company?mkt_tok=eyJpIjoiTnpFME9UTTVPREF4T0RsaiIsInQiOiJnTnE3Z0pqd1dQVjJaeGxSbEVmazY2RWVhM2dwM3RUR1liVVdKNWhmZXVMbFIzQlM3elNFS29icUt2WXZBajFucGQ0dFdQUFcyd0krMTI2N21WdWhZdHhwYzZ6U205OWtqd3lYMWJ1Y2src3dKT2s2WEFnM0psamZibFwvNjg0aEkifQ%3D%3D&mrkid=635530
Oct 30 2019

GPO and software vendor Premier has purchased MedPricer, which offers software and services to help health systems with purchased services.

https://www.hpnonline.com/sourcing-logistics/products-purchased-services/article/21112393/premier-inc-acquires-medpricer
Oct 30 2019

Broad-based health management company Medecision decides to buy GSI Health, which offers software to help providers with value-based payment arrangements, particularly for Medicaid business.

https://liberatehealth.medecision.com/medecision-acquires-health-delivery-system-transformation-pioneer-gsi-health/
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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

There are so many health care companies that people struggle to come up with names and we end with weird stuff like Grow Therapy, which nonetheless raised $150 million to...
March 4, 2026
There has been a lot of activity lately in the once-hot field of primary care clinics.  Companies going bankrupt, out-of-business, being bought, merging.  Humana, which is now solely a Medicare...
February 18, 2026
Mental health is a very hot health care investment area.  Talkiatry raised $210 million in new capital for its virtual mental health services which utilizes employed psychiatrists, psychologists and other...
February 13, 2026
Investors can take comfort in Solace Health, which provides “advocates” to members in health plans, as it raises a fresh $130 million in capital, which takes its alleged value over...
February 11, 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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