Skip to main content
Feb 22 2019

Just in time for Oscars weekend, we have a new winner in the category of Press Release with the Most Gibberish, as Clareto announces a new round of financing for its health information exchange product that helps with medical underwriting, or something.

https://www.businesswire.com/news/home/20190221005803/en/Clareto-Closes-Series-Financing
Feb 21 2019

PursueCare gets an undisclosed amount of funding to build a telehealth service to treat opioid addiction.

https://markets.businessinsider.com/news/stocks/pursuecare-raises-growth-round-to-launch-telehealth-opioid-addiction-treatment-network-1027945125
Feb 21 2019

PatientOne reels in investor one, getting $1.2 million in seed money for remote surgical patient monitoring.

https://missoulian.com/news/local/missoula-health-care-execs-get-m-in-venture-capital-for/article_68fc851d-6f9d-59f9-9f7f-8fd2accd169f.html
Feb 21 2019

A PE firm is acquiring the majority interest in Health-E Commerce, which operates pre-tax dollar shopping sites for health care and wellness products and services.

https://www.pehub.com/2019/02/bpoc-invests-in-health-e-commerce/
Feb 21 2019

Simplyr, which offers health care governance and compliance software, is buying API Healthcare, which provides human capital software for health care companies.

https://www.pehub.com/2019/02/clearlake-backed-symplr-to-buy-api-healthcare/
Feb 20 2019

Covera Health, which uses analytics to help ensure appropriate diagnoses, gets $8.5 million in new financing.

https://www.businesswire.com/news/home/20190219005318/en/Covera-Health-Announces-Series-Financing-8.5-Million
Feb 20 2019

NarrativeDx talks investors into handing over $3 million for its software that helps hospitals analyze patient reviews, comments and complaints.

https://medcitynews.com/2019/02/narrativedx-raises-3m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=70077312&_hsenc=p2ANqtz--deXJxO8g8G9MEvPRYtCc2kvuCmsJrkWHLbapplCaET4Kmbcf3drZd2fvU_tuefk2KvMq4c3wnLoAfXHmHXSD2yXOA3VpaigYMU2uQTobDyS7eg3g&_hsmi=70077312&rf=1
Feb 12 2019

Qualcomm is the latest non-health care company to realize maybe it doesn't know what it is doing in the space, selling its connected health businesses to a PE firm, which will call them Capsule Technologies and 2net.

https://medcitynews.com/2019/02/qualcomm-sells-off-its-connected-health-business-to-private-equity-firm/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=69816381&_hsenc=p2ANqtz-8IcliRcXsY0jNP0HJb5oqq3Rh1UA1bbJo8fFgk5wv-H89V9s6g9Td1A5henM_6UcPH-wP24tn8egbjcG1en83bDkmjVJXSlDA5nRPsYxTztndP8mI&_hsmi=69816381&rf=1
Feb 11 2019

Hospital chain Providence St. Joseph is buying Lumedic, a revenue cycle management vendor which uses blockchain technology.  Hope they don't end up feeling like blockheads.

https://www.modernhealthcare.com/article/20190209/NEWS/190209929?utm_source=modernhealthcare&utm_medium=email&utm_content=20190209-NEWS-190209929&utm_campaign=am
Feb 08 2019

Ideal Option achieves the best choice of financing, securing an undisclosed amount of new capital from the Blue Cross Venture fund for its opioid addiction treatment services.

https://www.businesswire.com/news/home/20190206005206/en/Ideal-Option-Secures-Minority-Investment-BlueCross-BlueShield
Feb 08 2019

Physician social media platform Sermo has been recapped, i.e. acquired, by a PE firm.

https://www.pehub.com/2019/02/abry-recaps-physicians-social-platform-sermo/
Feb 07 2019

Health Catalyst, which offers data warehousing and analytics for health plans and providers, has raised another $100 million in financing.

https://www.pehub.com/2019/02/health-catalyst-racks-up-100-mln-in-orbimed-led-round/
Feb 07 2019

A study in the Annals of Surgery focuses on improving handoffs from surgery and studied the use of standardized handoff forms and processes.  While the completeness of information improved, handoff took longer, i.e., cost more, and there was no improvement in mortality or length of stay.  Costs more and no real improvement in outcomes; sound like a lot of so-called quality improvement.

https://insights.ovid.com/crossref?an=00000658-900000000-95308
Feb 07 2019

Aetion, a provider of analytics and software to help providers with value-based reimbursement, raises an addition $27 million in financing.

https://www.prnewswire.com/news-releases/global-health-care-leaders-back-aetion-with-27-million-strategic-investment-300789385.html
Feb 06 2019

Meditation app vendor Calm calls up a collected $88 million in new capital, apparently valuing the firm at around $1 billion.  How can I stay calm when I have to read about crap like this.

https://www.cnbc.com/2019/02/05/calm-raises-88-million-valuing-the-meditation-app-at-1-billion.html