Jun 27 2019

Disease management vendor Omada Health has secured yet another large round of financing, $73 million worth.  Lot of hype around the new generation of disease management vendors, but I predict the same outcome in terms of value to patients and payers and returns to investors--not much.

https://medcitynews.com/2019/06/omada-raises-73m-series-d-led-by-wellington-management-company/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=74115141&_hsenc=p2ANqtz-8wI_v5cTwVOzX63zMH8Yg_ps31vcVOsU0VRibdkPmSBJgEUv3cGv2gnURbQckDh09n2p3wmAAKaQehiIdrTYRHQkID07Ph8dRU2l0QFqGqkhf-f4A&_hsmi=74115141&rf=1
Jun 26 2019

A Transunion study indicates the patients are continuing to see a rise in the share of medical costs that they pay, particularly for inpatient services, as the average cost-share rose from around $4100 in 2017 to  $4650 in 2018.

https://www.globenewswire.com/news-release/2019/06/25/1873492/0/en/Out-of-Pocket-Costs-Rising-Even-as-Patients-Transition-to-Lower-Cost-Settings-of-Care.html
Jun 25 2019

Vynca which helps health care organizations design end-of-life care plans, has raised $10.3 million in new capital.

https://medcitynews.com/2019/06/advance-care-planning-funding/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73967754&_hsenc=p2ANqtz--_WyBFYkrZpth42uV55wRa-uq17hI5o72mjLmkKG4AmUleRA6iYgH-6ezG_1TcbcpxBaOckxAJ94us6EeLQYt_20TmGJQS-g4evAn4T_CsM4c4bRA&_hsmi=73967754
Jun 25 2019

Patients Like Me apparently is also liked by UnitedHealth Group, as the uber-acquisitive firm is buying the creator of communities for patients with particular diseases.  The patients' data is collected and sold to drug companies and others to generate revenue.

https://medcitynews.com/2019/06/patientslikeme-acquired-by-unitedhealth-group/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=74015670&_hsenc=p2ANqtz--VvQhQ8NtPpvOYKmuQkFeXcMHOd9vChtfjVYe60uzNs0IXuN1QrSyRvzdVCEiRI_YzcZbYxZQ6uQmm0gOxZ8-W8f-NuWOgBfcHr1aWXmPOTXExki8&_hsmi=74015670
Jun 25 2019

Spring Fertility plows fertile investing ground, getting an undisclosed amount of new capital to help people become pregnant.  Gestation period for this investment was undisclosed but likely will be greater than nine months.

https://www.pehub.com/familyoffices/bonderman-family-office-wildcat-finds-opportunity-in-fertility/
Jun 24 2019

CityMD and Summit Medical Group are merging, bringing together a private equity owned urgent care center company and a large provider group.

https://www.modernhealthcare.com/mergers-acquisitions/citymd-and-summit-medical-group-merge?utm_source=modern-healthcare-daily-finance-friday&utm_medium=email&utm_campaign=20190621&utm_content=article2-headline
Jun 24 2019

Revenue cycle management software vendor eSolutions is acquiring Practice Insights, which is largely a claims clearinghouse.

https://www.esolutionsinc.com/practice-insight-acquired-by-esolutions
Jun 24 2019

Health care provider payments vendor Equian is apparently being acquired by UnitedHealth Group for $3.2 billion.

https://medcitynews.com/2019/06/report-unitedhealth-picks-up-healthcare-payments-company-equian-in-3-2b-deal/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73941832&_hsenc=p2ANqtz-_piS23xfyeAoq8ijveZY1dXqENe9pn4YXXw-OTyDvF2JjMBz1-qVOBPmWo29_PGbC3zpREwFLB-9ZdUB6l9NcGUZlfNU0R2g4xgG5xRe7XFschylo&_hsmi=73941832&rf=1
Jun 20 2019

Medxoom, a health care payments technology vendor, speeds up its business with $3.2 million in fresh funding.

https://www.prdistribution.com/news/medxoom-raises-32mm-to-build-healthcare-marketplaces.html
Jun 20 2019

Apricity, which says it is a virtual fertility clinic, and aren't you curious how that works, raised 6 million euros in new capital.

https://www.pehub.com/2019/06/virtual-fertility-clinic-apricity-lands-series-a-funding/
Jun 20 2019

Vida Health garners $3 million in a new financing round to support its digital health coaching business.

https://medcitynews.com/2019/06/vida-health-raises-30m-series-c-from-guidewell-teladoc-and-workday/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73875825&_hsenc=p2ANqtz--QSGtMCznHp3BMMURWURpDPdv5pmL4qMcgsXGgZ4vNk8aM4bFrGzFUAPM4M7OO9SrF8x3-iRQdivT9MnVk0Q9QUydGX-JCf8ePDG3N0OOhw1RRR7Q&_hsmi=73875825&rf=1
Jun 19 2019

SubjectWell, a vendor of services to help with patient recruitment for clinical trials, has raised $10 million in new capital.

https://www.businesswire.com/news/home/20190618005161/en/SubjectWell-Raises-10M-Expand-Risk-Free-Patient-Recruitment
Jun 19 2019

Cara Care, a German digital health company focused on digestive system care (if its digital does that mean stick a finger in one or the other end of your alimentary canal?) gets a $7 million financing round that includes pharma giant J & J.

https://www.fiercebiotech.com/biotech/j-j-leads-7m-round-for-german-digital-health-co-cara-care?mkt_tok=eyJpIjoiTUdJNU9XVmlaVEExTXpOaSIsInQiOiJ1SzBseUhZXC9ZczNwME5RczhUMm9kVndycGNhcFdpYlFhWUp5aVhhNmRMKytVbTBsbWQ1K3FKczNNbVlOWHRYTGQ4cFRERDVDTkJMa3BLb1JrUG1nMW5TN0dwaXhYQURwWFpvK3NGZHlUZHBWRGl1TTJMNWZJK3BuVkduV3BEUGoifQ%3D%3D&mrkid=635530
Jun 18 2019

MedPAC 2019 Report to Congress

http://www.medpac.gov/docs/default-source/reports/jun19_medpac_reporttocongress_sec.pdf?sfvrsn=0
Jun 18 2019

Collective Health has raised a massive $205 million round of new capital, as it grows its third-party administrator business for employee health benefit plans.

https://medcitynews.com/2019/06/collective-health-raises-205m-series-e-led-by-softbank-to-reduce-healthcares-complexity/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73783870&_hsenc=p2ANqtz-_tjGzl-utagM4KIZ_Jv-0bTp6DwltxSQADw2Q55A6KJSbLbOiz4RZqY-3sSeE8Qo4_C5yT30p8ewBgTJuPN8NkLBa4ToBk0DivI-GU7HocLhjmMGQ&_hsmi=73783870&rf=1