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Jul 22 2019

Casetabs, which offers a cloud-based surgery coordination platform, has raised $2.5 million in financing.

https://www.nueterra.com/casetabs-inc-raises-2-5-million-from-investors/
Jul 19 2019

Vine Health, a UK company which uses artificial intelligence and behavioral science to improve the lives and outcomes of cancer patients, has raised about $1.4 million in new capital.

https://www.pehub.com/2019/07/vine-health-pulls-in-funding/
Jul 19 2019

Convey Health Solutions, a provider of IT services and outsourcing for health plans providing Medicare Advantage and managed Medicaid packages, is being conveyed from one PE firm to another as New Mountain Capital acquires it from TPG.

https://www.newmountaincapital.com/media/51194/convey-nmc-press-release_vf.pdf
Jul 18 2019

DEARhealth, a vendor of data-driven, patient-centric pathways for care of patients with chronic illness, makes investors pay dearly to invest $6.8 million in the firm.

https://www.prnewswire.com/news-releases/philips-vesalius-biocapital-iii-health-innovations-invest-in-dearhealth-ai-health-tech-start-up-300887358.html
Jul 15 2019

Third-party administrator Sedgwick is acquiring York Risk Services, combining two of the larger TPAs.

https://www.businessinsurance.com/article/20190708/NEWS08/912329470/Sedgwick-Claims-Management-Services-acquires-third-party-administrator-York-Risk?_hsenc=p2ANqtz-8OD3xeYiuKiS8TgbTwJRgQNAxFN7-zSmmV_dDnk3909Yat3Mqa790JYn3meYiuWmeeK1pCO6WfoC-SoXYo3oLLkEzM6EIid8lgSRshdcE2Wbt1Gs0&_hsmi=74594420
Jul 12 2019

Stratasan layers in a new round of $26 million in capital to support its health care data analytics business for hospital systems.

https://stratasan.com/stratasan-secures-26-million-investment-led-by-fulcrum-equity-partners/
Jul 11 2019

Wayfair, a general revenue cycle information technology company, has acquired Digitize Ai, which claims to have an improved process for prior authorization.

https://www.beckershospitalreview.com/artificial-intelligence/waystar-acquires-ai-tech-firm-to-streamline-prior-authorization.html?oly_enc_id=4013B4524489F1Y
Jul 11 2019

GNS Healthcare leads a precision strike on investor wallets, securing $23 million in new financing for its "precision" medicine software that supposedly gets the right treatment to the right patient.

https://www.fiercehealthcare.com/tech/cigna-ventures-leads-23m-funding-round-precision-medicine-company-gns-healthcare?mkt_tok=eyJpIjoiWXpJMlpUVmpZV1JtTXpCaiIsInQiOiJKd1ZWR3Fja0FyN0pLWHQ1RXZKcVhrM2JJNUpuSk5SaEQ0WUpPdkpBOEZJckFrVlRNMnJNdjA0N0poYVo4TXJrZTFnQXNQVXh5SGF6Q3JaXC9xSVV0XC82ZXdlZU9MUk1pT1dkNnpldzlOMkRtS3JwSnZhZVAyM2pYVEt6d2NvemZLIn0%3D&mrkid=635530
Jul 11 2019

Two companies involved in health care information sharing technology, Rhapsody and Corepoint Health, will make beautiful music together, as they merge into a single company.

https://www.pehub.com/2019/07/pe-backed-rhapsody-and-corepoint-health-will-merge/
Jul 09 2019

Carenet Health, which claims to do patient engagement, telehealth and clinical support, is acquiring Citra Health, which offers administrative and clinical software to providers and health plans.

https://carenethealthcare.com/carenet-expands-through-citra-health-acquisition/
Jul 09 2019

Net Health fishes up the best deal for Optima Healthcare Solutions, combining two providers of software for various providers, including specialty services and the post-acute care market.

https://www.nethealth.com/net-health-to-acquire-optima-healthcare-solutions-expanding-its-purpose-built-electronic-medical-record-platform/
Jul 08 2019

Pretentiously named Change Healthcare went public, raising around $750 million.  The firm offers IT systems for health care providers and data and analytic services.

https://www.changehealthcare.com/press-room/press-releases/detail/change-healthcare-inc-prices-ipo-and-concurrent-offering-of-tangible-equity-units
Jun 27 2019

Providence St. Joseph health system is buying an Epic consulting firm, Bluetree, which I assume may reflect some difficulty they are having with their EHRs.

https://www.modernhealthcare.com/mergers-acquisitions/providence-st-joseph-health-acquire-epic-consulting-firm?utm_source=modern-healthcare-alert&utm_medium=email&utm_campaign=20190627&utm_content=hero-headline
Jun 27 2019

Inbox Health, which, oooohhh, claims to be both a digital health and a fintech company, isn't that incredible, raises a not so incredible $4.4 million financing round for its communication platform to help providers with patient billing.

https://www.prweb.com/releases/inbox_health_closes_4_4_million_funding_round_to_reinvent_patient_billing_and_payments/prweb16400002.htm
Jun 27 2019

Telehealth oriented urgent care provider Remedy cures its need for financing with a $10 million round of funding.

https://www.mobihealthnews.com/news/north-america/house-call-video-conference-platform-remedy-raises-10m
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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

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
IKS Health, a British company with a US subsidiary that offers “care enablement” and mentions AI, of course,  is buying TruBridge for $557 million.  TruBridge offers revenue cycle management and...
April 30, 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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