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Oct 24 2019

Avia flys off with $22 in new funding for its digital health insights business, and I have no idea what value they actually bring to their health system customers and investors but the press release is full of disruption, etc. etc.

https://www.businesswire.com/news/home/20191023005232/en/AVIA-Raises-22-Million-New-Funding-Propel
Oct 22 2019

Octave Health strikes a positive note, collecting $11 million in new capital to support its behavioral health business which matches patients with in-person or telehealth care.

https://medcitynews.com/2019/10/behavioral-health-startup-octave-raises-11m-strikes-deal-with-california-insurer/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=78367427&_hsenc=p2ANqtz-813Kfh5NxmURFZ4hP4pjmsmBIzLuxfBoT6htG56kVYnVx2MlM7a3BU4IkNpgpxryAztPydq6m-jBp0_WwUwvuJQYnnvoPEipc7d6LzJUlu9t_oLTg&_hsmi=78367427&rf=1
Oct 21 2019

Connecture, an early vendor of private health insurance exchange services, has been acquired by N. Harris Computer Corp.

https://www.thinkadvisor.com/2019/10/17/canadian-company-acquires-connecture/?slreturn=20190919105931
Oct 18 2019

PBM Express Scripts, now a part of Cigna, buys 340B pharmacy service and software vendor Verity Solutions for an undisclosed price.

https://www.pehub.com/2019/10/express-scripts-acquires-verity-solutions/
Oct 17 2019

Vim shows some vigor, collecting $24 million in new funding for its software which supposedly matches patients with providers.

https://venturebeat.com/2019/09/09/vim-raises-24-million-to-match-patients-with-top-health-care-providers/
Oct 17 2019

Lively, an administrator of health savings accounts, avoids death by securing $27 million in new capital.

https://www.pehub.com/2019/10/hsa-provider-lively-nabs-27-mln-series-b/
Oct 16 2019

Mednition, a vendor of artificial intelligence that helps emergency room staff triage patients, garners $10 in new funding.

https://www.aitimejournal.com/mednition-raises-10-million-in-series-a-funding-led-by-concord-health-partners
Oct 16 2019

Okay, time for another dumb joke about investing in firms related to cognitive functioning, as Braincheck lulls investors into a fresh financing of $8 million for its software to help providers assess cognitive status.

https://venturebeat.com/2019/10/09/braincheck-closes-8m-series-a-funding-round-empowers-physicians-with-a-better-way-to-assess-cognitive-impairment-dementia/
Oct 16 2019

Omada Health secures $73 million for its disease management coaching platform.

https://www.beckershospitalreview.com/healthcare-information-technology/omada-health-raises-73m-with-help-from-cigna-kaiser-permanente.html?oly_enc_id=4013B4524489F1Y
Oct 15 2019

Capsule drugs investors into a $200 million capital round for expansion of its virtual and online pharmacy capability.

https://observer.com/2019/09/capsule-prescription-drug-delivery-nationwide-expansion/
Oct 15 2019

Well, I just don't know, but Health.io is raising $60 million for its product that allows patients to do urine testing via their cell phones.  That's right you just pee on the phone and viola, it tells you how your health is.  No, no, no, don't do that, that isn't how it works.

https://venturebeat.com/2019/09/11/healthy-io-raises-60-million-for-smartphone-based-urinalysis-tests/
Oct 15 2019

Clinical trials software vendor Florence raises $7.1 million in new funding.

https://www.prnewswire.com/news-releases/florence-completes-series-b-financing-to-advance-clinical-trials-with-technology-300936779.html
Oct 15 2019

Humana gives Accolade a compliment, along with a $20 million capital investment, supporting the firm's software and app designed to help employees navigate their health benefits and health care.

https://www.geekwire.com/2019/insurance-giant-humana-invests-20m-healthcare-tech-company-accolade/
Oct 14 2019

Goldman Sachs is selling its majority interest in Marathon Health, an operator of onsite employee health centers, to General Atlantic.

https://www.pehub.com/2019/10/goldman-exits-marathon-health/
Oct 14 2019

Parsley Health, which offers some kind of health management, telehealth service, raised a fresh $26 million in capital.

https://techcrunch.com/2019/10/10/parsley-health-nabs-26-million-series-b-to-launch-telemedicine-products/
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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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