Michigan health plans Priority Health and Total Health Care are merging, new name probably to be Total Priority, which may or may not refer to quality of care members will receive.
A PE firm is buying a majority interest in Pareto Captive, which helps self-funded employers band together to organize captive benefits insurers. The price apparently was in excess of $200 million.
MDClone copies a well-used route to success, raising $26 million in capital, by claiming to create the "first of its kind platform which democratizes data to the entire healthcare ecosystem". Uhh, wow, I think I should be impressed, at least by the level of hype. Oh wait, it uses "synthetic data". Hmmm, doesn't that mean artificial? So you are democratizing fake data? Oh gosh, now I am just confused, but then I am obviously not as smart as the investors who fall for this stuff.
Telus Health, a subsidiary of the large Canadian telecommunications company, tells us that it is buying the combined Akira/Right Health firm, a vendor of virtual care software.
Hold on to your hats, the world of health care is being transformed, by the transformative merger of iGambit and Clinigence, or at least that is what the press release says. The former is a health risk assessment platform and the later does population health analytics.
https://www.igambit.com/blog
Aug192019
Nomad Health, which offers temporary staffing services for health systems, wanders into a fresh $34 million of capital.
Aspirion, which aspires to get larger, is buying Specialized Healthcare Partners, which helps providers collect on complex claims. Aspirion provides other revenue cycle management services to providers.
Buoy Health floats a fresh $15 million in financing for its website that uses, guess what, AI, to help consumers find health information, because there just aren't enough websites like that already.
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. 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.
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. 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.