As is often the case these days, Comprehensive Pharmacy Services, which offers technology and pharmacist support to hospitals, is being sold from one private equity firm to another one.
Redox, which offers technology to allow providers to use clinical data in various health care applications, has secured $33 million in additional capital.
Medbelle, a British firm creating what it calls a "digital hospital", which actually appears to be nothing more than a scheduling system, raises $7 million in financing, proving that hype isn't limited to the US market.
An interesting piece of research in Health Services Research looked at the relationship between which party controlled state government and nursing home financial performance, finding that Democratic control increased nursing homes profits without and improvement in outcomes, while Republican control led to lower revenues and profits, and was associated with a shift from Medicaid to private-pay patients.
Catalent, which offers comprehensive drug development and commercialization services, is acquiring Paragon Bioservices for $1.2 billion, adding expertise in manufacturing gene therapies.
Cityblock has secured an additional $65 million in funding to continue opening clinics to provide medical and mental health services in low income neighborhoods.
Circling investors for support of its business of clinical data integration, Diameter Health triangulates on a new set of funders, hoping to grow geometrically with $9.6 million in fresh capital.
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.