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May 14 2019

Jawbone Health talks a good game, and apparently needs lots of capital to do it, as the firm gets $65 million to do some poorly-articulated thing about taking lots of data and helping people avoid preventable diseases.  When will investors learn.

https://techcrunch.com/2019/05/11/after-burning-through-1-billion-jawbones-hosain-rahman-has-raised-65-million-more/
May 14 2019

Two health care consulting firms are merging as Berkeley Research buys Prism Healthcare Partners in a deal that will result in a firm with over $225 million in revenue.  Both firms primarily work with health systems.

https://www.modernhealthcare.com/mergers-acquisitions/berkeley-research-group-buying-prism-healthcare-partners?utm_source=modern-healthcare-daily-finance&utm_medium=email&utm_campaign=20190513&utm_content=article4-headline
May 10 2019

Dispatch Health homes in on $33 million in investor money, getting a new capital round.  The company has an app which allows patients to summon a provider to their home to deliver care.

https://medcitynews.com/2019/05/denver-startup-dispatchhealth/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=72512730&_hsenc=p2ANqtz--RIAl5lfnblKtswsbVIYkgQUcZ46Z6L7Vic6eaNfYBqU-5eeRFrZBbIKA5_8g3m3ErCJWNZgi0sLqXWiTL9qmwfA6U0ccgLUnhm71NqWyqcVDGlRo&_hsmi=72512730&rf=1
May 10 2019

HealthIQ smartly raises $55 million to grow its life insurance business that offers lower rates to policyholders who engage in healthy behaviors.

https://medcitynews.com/2019/05/insuretech-company-health-iq-raises-55-million-series-d-for-healthy-living-insurance-policies/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=72512730&_hsenc=p2ANqtz--RIAl5lfnblKtswsbVIYkgQUcZ46Z6L7Vic6eaNfYBqU-5eeRFrZBbIKA5_8g3m3ErCJWNZgi0sLqXWiTL9qmwfA6U0ccgLUnhm71NqWyqcVDGlRo&_hsmi=72512730&rf=1
May 10 2019

Large health IT company Harris Healthcare is buying Uniphy Health, which ophphers apps to help providers with communication of health inphormation.

https://medcitynews.com/2019/05/harris-healthcare-acquires-clinical-communications-company-uniphy-health/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=72512730&_hsenc=p2ANqtz--RIAl5lfnblKtswsbVIYkgQUcZ46Z6L7Vic6eaNfYBqU-5eeRFrZBbIKA5_8g3m3ErCJWNZgi0sLqXWiTL9qmwfA6U0ccgLUnhm71NqWyqcVDGlRo&_hsmi=72512730&rf=1
May 08 2019

Elligo captures $20 million in new capital to support its clinical research business aiming at bringing more physicians and patients into the process.

https://www.businesswire.com/news/home/20190507005194/en/Elligo-Health-Research-Raises-20M-Connect-Physicians/?feedref=JjAwJuNHiystnCoBq_hl-R2sso4tCp8l0Yad2mB4_VJcgiwDl5F89IquLVWUqfRVgLxDkSKfgoruKb9yWl5as-PbWreMWuYBefATrZ0EPTVwBy5zzcjujtbJhwuWD3GRBSvR87oUDgbHejiywQBpbg==
May 07 2019

BetterPT has an app to help patients make physical therapy appointments and do followup and since its an app, for God's sake, lets pour $5 million in new funding into the company.

https://www.crainsnewyork.com/health-care/betterpt-raises-5m-physical-therapy-booking-app
May 07 2019

Roundtrip takes investors for a ride, raising $5.1 million in financing for its app that helps patients get to providers.

https://medcitynews.com/2019/05/roundtrip-non-emergency-medical-transportation/
May 07 2019

Behavioral telehealth company Forefront Telecare comes to the top of investors' minds, picking up $15 million in new capital.

http://forefronttelecare.com/blog/2017/2019/04/23/forefront-telecare-behavioral-health-solution-for-rural-americans-completes-15-million-growth-equity-funding-round/
May 06 2019

Health coaching app vendor Noom raises $58 million in new capital, that's right, not $5.8 million or $.58 million, which might have made more sense, but $58 million.

https://techcrunch.com/2019/05/06/heath-coaching-app-noom-will-expand-its-product-team-after-raising-58m-led-by-sequoia/
May 06 2019

Health care staffing firm AMN Healthcare is acquiring Advanced Medical Personnel, which specializes in placing nurses, for around $200 million.

https://www.pehub.com/2019/05/amn-healthcare-to-acquire-advanced-medical-personnel-services-for-200-mln/
May 05 2019

Tellus tells investors to give them another $9 million in capital for its business of doing electronic visit verification.

https://4tellus.com/tellus-closes-series-b-growth-capital-funding-for-more-than-9-million/
May 03 2019

Troy Medicare gathers in $5 million for its attempt to start a new Medicare Advantage that will focus on pharmacists as providers.

https://www.businesswire.com/news/home/20190501005169/en/
May 03 2019

CirrusMD's future gets less cloudy, as it gets a lofty $15 million in additional capital to support its pie-in-the-sky digital health "chat-first" business for veterans.  Less talk, more results.

https://www.cirrusmd.com/newsroom/series-b-funding
May 03 2019

3M is taking a somewhat surprising and very large dip into the medical device business, buying wound care company Acelity for $6.7 billion.

https://pitchbook.com/news/articles/3m-inks-its-largest-purchase-to-date-with-67b-deal-for-ipo-bound-acelity
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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

Another company whose valuation I don’t understand, Oura Health which makes the ring that supposedly tracks all kinds of health-related data for people, is acquiring a company called Counsel Health...
November 10, 2026
Cencora, formerly Amerisource Bergen, a large drug wholesaler, is acquiring a greater equity stake in American Oncology Network.  All three of the major drug wholesalers have interests in oncology companies....
October 22, 2026
There is some weird angle here, as Angle Health raises $600 million in a new capital round, but it appears some of it is to provide liquidity to existing shareholders....
September 22, 2026
More AI craziness in health care.  A company called H1 is buying Defacto Health for God-knows how much money.  Both companies claim an AI background and to help with “provider...
September 11, 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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