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Dec 06 2018

Waystar, a revenue cycle management software company, is acquiring Ovation Revenue Cycle Services, which was owned by UPMC health system.  Give them a hand.

https://www.prnewswire.com/news-releases/waystar-to-acquire-transaction-services-business-from-upmcs-ovation-adding-enhanced-claims-monitoring-capabilities-to-platform-300722668.html
Dec 05 2018

Virgin Pulse, an untouched wellness company, which recently acquired RedBrick Health, puts another brick in the wall by acquiring Viverae, another wellness firm.

https://www.virginpulse.com/press/virgin-pulse-acquires-leading-workplace-wellness-company-viverae-simplywell/
Dec 05 2018

Health iPASS capitalizes on a hot market and gets $10 million in fresh capital to help ensure that burdened patients pay their providers excessive cost-sharing amounts they may owe.

https://healthipass.com/health-ipass-raises-10-million-series-a-funding-on-its-quest-to-guarantee-patient-payments/
Dec 05 2018

Medical device firm ResMed, which has largely focussed on respiratory health, is buying Propeller Health, which has an app and disease management program to help with breathing issues, for $225 million?  Okay, if you say so.

https://www.pehub.com/2018/12/resmed-to-buy-digital-therapeutics-firm-propeller-health-for-225-mln/
Dec 05 2018

Trilliant Health, a vendor of analytics to help providers add patients and market share, has raised a brilliant undisclosed amount of additional capital.

https://www.businesswire.com/news/home/20181204005764/en/Trilliant-Health-Targets-New-Healthcare-Providers-Raising
Dec 05 2018

Lean Taas gets fat, garnering $15 million to straighten up and grow its scheduling software business.

https://leantaas.com/blog/leantaas-secures-15-million-in-series-c-investment-to-accelerate-growth-of-its-healthcare-operations-platform/
Dec 04 2018

Quip is using a subscription model to sell toothbrushes and raises $40 million to do so, hopefully not leaving a cavity in investor's pockets.

http://fortune.com/2018/11/27/quip-toothbrush-delivery-target-stores/
Dec 04 2018

Oura Ring, rouses from a slumber, raising $20 million in funding for its "sleep performance" app.  Personally I would just as soon not do any performing during my sleep.

https://ouraring.com/forpress/
Dec 04 2018

PE-backed TCGRx, which offers pharmacies an automated packaging system, implements a prescription for growth, buying Parata Systems, which has a similar product line.

https://www.pehub.com/2018/12/frazier-backed-tcgrx-acquires-parata-systems/
Nov 30 2018

A private equity firm is Q-Centrix, which offers clinical registry software for hospitals.

https://www.pehub.com/buyouts/tpg-growth-buys-patient-data-registry-q-centrix/
Nov 30 2018

Bright Health lights up investors with a smart additional $200 million in financing for its supposedly new and improved health plan business.

https://www.pehub.com/2018/11/insurance-company-bright-health-takes-in-200-mln-series-c/
Nov 28 2018

A private equity firm has provided $65 million in new funding for HNI Healthcare, which provides inpatient staffing, including physicians.

https://www.pehub.com/2018/11/crg-commits-65-mln-to-hni-healthcare/
Nov 19 2018

Sift Healthcare sorts out a $1 million round of capital for its revenue cycle analytics business.

https://www.prweb.com/releases/sift_healthcare_secures_1mm_investment/prweb15918225.htm
Nov 19 2018

Convey Health Solutions, Pareto Intelligence and HealthScape Advisors are merging creating a firm that will offer Medicare Advantage and other payers a wide-range of administrative and analytic services.  New name is Advisors Intelligence Solutions or Intelligence Solutions Advisors or something like that.

https://www.businesswire.com/news/home/20181116005021/en/Convey-Health-Solutions-Combine-HealthScape-Advisors-Pareto
Nov 16 2018

XPress Wellness, which operates urgent care centers in the southwest, has received an additional round of financing.

https://www.pehub.com/2018/11/lcm-invests-in-xpress-wellness-urgent-care/
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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

Angle Health, a vendor of a supposedly artificial intelligence powered health benefits platform for employers raised $134 million in new capital.  All you have to do is mention AI and...
December 4, 2025
Reema Health, which calls itself a complex care management company, reamed investors for $19 million in capital, to be used for the usual “to support growth”.  The firm works with...
December 2, 2025
Press Ganey, which provides market research for health plans and providers , is being purchased by health care survey firm Qualtrics for $6.75 billion.  Both companies claim this is all...
October 6, 2025
Another weirdly named company, Thyme Care, spices things up by raising a fresh $97 million in capital to support its cancer care managment business.
September 25, 2025

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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