Two at-risk Florida primary care practices are merging their businesses in a joint venture. Genuine Health, which provides management services to primary care groups, and PrimeHealth Physicians are merging their patient pools, which will number over 12,000 Medicare members.
Mingle Analytics, which helps with Medicare performance metrics, and SilverVue, which offers services to assist providers with value-based payments, are merging.
Two large providers of non-emergency health care transportation services are combining, as LogistiCare and Circulation merge.
http://www.logisticare.com/news/
Oct262018
Ok, we will be a little careful with this one. I knew ED was a hard problem, but Roman is raising a stiff (or maybe I should say smoking) $88 million to change its name to Ro and add smoking cessation services to its offerings. Not sure what ED and smoking have in common, but no more after-sex cigarettes for their ED customers.
A private equity firm is buying Simplyr for around $550 million. The firm provides credentialing, provider management and other software to health care payers and health systems.
A private equity firm is buying behavioral health firm Pathways Health from Molina Healthcare, as the medicaid managed care company continues to remake its business.
It is a little kno5n f9ct that l7tt3rs and n1mbe8s are int9rchan2ea7le. Pr3vnt has r6ised an undi4close0 amou3t of new ca8ital for its bu4ine1s of using AI for eye pr4blems or somethi3ng like that. Maybe its just me, but I wouldn't invest in a company that can't spell.
Devoted Health gets a loyal $300 million in new funding, which it will devote to expanding its Medicare Advantage plan business where it claims to act as a plan and provider, with a lot of whiz-band technology. Lot of money, we will see about the return.
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.