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Jun 05 2019

Abacus Insights counts on a fresh $12.7 million for its health care data integration business for payers.

https://www.businesswire.com/news/home/20190530005229/en/Abacus-Insights-Secures-12.7-Million-Series-Financing
May 31 2019

Welkin Health builds a healthy relationship with investors, securing $17.5 million in new financing for its patient relationship management software.

https://www.businesswire.com/news/home/20190529005197/en/Welkin-Health-Raises-17.5-Million-Series-Funding
May 31 2019

Bon Secours Mercy Health, a large multi-state hospital group in selling a majority interest in a subsidiary that does revenue cycle management to a PE firm.

https://www.modernhealthcare.com/finance/bon-secours-mercy-health-sell-majority-stake-rcm-pe-firm?utm_source=modern-healthcare-daily-finance-thursday&utm_medium=email&utm_campaign=20190530&utm_content=article1-headline
May 30 2019

Phillo Health, which offers a digital assistant platform to monitor and communicate with patients in their homes, has bedded down a comfy $11 million in new capital.

https://medcitynews.com/2019/05/pillo-health-raises-11m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73188148&_hsenc=p2ANqtz-8CVsBgQsPcp6hZ298E7-qu4j4tKl0u3CVrkzwWYUIVL1hdNcTPvrYmQI25d4c9S8C73RuCenaFC9VzLZEbaYu1iScMeM-Qxq2YiyygAIc2hq4Co3E&_hsmi=73188148
May 30 2019

Online behavioral firm Talkspace talks investors out of an additional $50 million in funding.

https://medcitynews.com/2019/05/online-therapy-company-talkspace-raises-50m-signs-major-deal-with-optum/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73188148&_hsenc=p2ANqtz-8CVsBgQsPcp6hZ298E7-qu4j4tKl0u3CVrkzwWYUIVL1hdNcTPvrYmQI25d4c9S8C73RuCenaFC9VzLZEbaYu1iScMeM-Qxq2YiyygAIc2hq4Co3E&_hsmi=73188148
May 29 2019

Apple polishes up its health industry offerings, buying asthma monitoring firm Tueo Health for an undisclosed sum.  The large tech firms continue to show an interest in figuring out how to play in health care.

https://medcitynews.com/2019/05/apple-acquires-asthma-monitoring-startup-tueo-health/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=73094109&_hsenc=p2ANqtz-_BQry84P34ofHB0qB6J-mygiwk6vATFTOh7ddymBsV1SQA9w3RMD5YDZt_pM7gY0vw-hkX6Xq--VrJ7emV4WO4PnRymmALwUNdm3ebG9cqrhdCijE&_hsmi=73094109&rf=1
May 29 2019

EvidenceCare, a vendor of clinical decision support and revenue optimization (i.e., upcoding) software for hospitals, evidently is cared for by investors, hustling up a fresh $7.3 million in financing.

http://www.venturenashville.com/evidencecare-secures-capstone-jumpstart-capital-role-in-7-3mm-series-a-cms-1851
May 28 2019

Dario Health, a maker of devices and software to track diabetes care and other chronic conditions., has gone public, raising a measly $7.2 million.  I can't for the life of me understand how desperate you must be to go through the hassle of being public for such a small amount of capital.

https://www.streetinsider.com/Press+Releases/DarioHealth+Corp.+Announces+Pricing+of+%247.2+Million+Public+Offering+of+Common+Stock/15530417.html
May 28 2019

Modern Health raises an up-to-date $9 million in new funding for its software and service to help maintain the emotional health of employees.

https://www.prnewswire.com/news-releases/modern-health-raises-a-9m-series-a-round-led-by-kleiner-perkins-300855797.html
May 28 2019

Cardinal Analytx garners $22 million to support its high-cost patient predictive software.

https://venturebeat.com/2019/05/23/cardinal-analytx-raises-22-million-to-predict-high-cost-health-plan-members/
May 22 2019

Health Monitor Network receives an undisclosed amount of additional capital to support its print and digital patient education business.

https://www.healthmonitornetwork.com/images/HM-WestView-Press-Release-5-15-19.pdf
May 22 2019

Children's behavioral health company Mightier gets stronger with an infusion of $6.6 million in capital.  Hope I won't be writing soon about how the Mightier have fallen.

https://www.pehub.com/2019/05/childrens-behavioral-health-firm-mightier-fetches-6-6-mln-series-a/
May 21 2019

Health information publisher Remedy Health Media is acquiring Vertical Health, which focuses on specialty publications for providers.

https://www.mediapost.com/publications/article/335991/remedy-health-media-acquires-vertical-health-crea.html
May 21 2019

Phil, Inc, which ophphers a sophtware platphorm to manage specialty farmaceuticals, garners $25 million in new phunding.

https://www.prnewswire.com/news-releases/specialty-prescription-management-provider-phil-secures-25mm-in-series-b-funding-300850546.html
May 20 2019

Discovery Health Partners, which assists health plans and others with payment solutions, is acquiring HealthMind, which offers similar services.

https://www.discoveryhealthpartners.com/discovery-health-partners-acquires-healthmind-llc/
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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

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
Innovacer, which basically collects data on a patient from multiple sources and aggregates it, raised an astounding $275 million in new capital, supposedly at a valuation of almost $3.5 billion....
April 22, 2026
A company called Whoop raised a ridiculous $575 million in new capital at a supposed $10 billion valuation.  The press release was released on April 1, so I would like...
April 5, 2026
Big deals continue in health care financings.  eMed, which manages weight loss medications for employers, raises a hefty $200 million, giving it a valuation of $2 billion, which seems crazy....
March 31, 2026

Tags

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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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