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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
Feb 06 2019

Healthy.io pees itself with excitement, as it raises $18 million for an app that uses a smartphone to help do urinalysis.  So don't we be surprised when you see people using their phones to take pictures of their pee.

https://medcitynews.com/2019/02/healthy-io-raises-18m-to-bring-smartphone-urinalysis-tech-to-u-s/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=69644103&_hsenc=p2ANqtz-_mA-3zRDFNPg8CWTNmmnjvpBMIbqtbi0pPi7M67WeZuBgc_iNzYBVAatKHO0CJjrJX-BkKbxagxyNtG6m9D0F65Smlpabfku1YVHFzaiHva4Mvx4g&_hsmi=69644103&rf=1
Feb 06 2019

Clinical communication and collaboration software vendor Perfect Serve hopes it aces M & A, acquiring two firms, one is Lightning Bolt which does physician shift scheduling, and the other is CareWire, which does text messaging for patient engagement.

https://medcitynews.com/2019/02/perfectserve-acquires/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=69644103&_hsenc=p2ANqtz-_mA-3zRDFNPg8CWTNmmnjvpBMIbqtbi0pPi7M67WeZuBgc_iNzYBVAatKHO0CJjrJX-BkKbxagxyNtG6m9D0F65Smlpabfku1YVHFzaiHva4Mvx4g&_hsmi=69644103
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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

There are so many health care companies that people struggle to come up with names and we end with weird stuff like Grow Therapy, which nonetheless raised $150 million to...
March 4, 2026
There has been a lot of activity lately in the once-hot field of primary care clinics.  Companies going bankrupt, out-of-business, being bought, merging.  Humana, which is now solely a Medicare...
February 18, 2026
Mental health is a very hot health care investment area.  Talkiatry raised $210 million in new capital for its virtual mental health services which utilizes employed psychiatrists, psychologists and other...
February 13, 2026
Investors can take comfort in Solace Health, which provides “advocates” to members in health plans, as it raises a fresh $130 million in capital, which takes its alleged value over...
February 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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