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Oct 15 2018

Research in JAMA Internal Medicine confirms common sense; lower income persons enrolled in high-deductible plans spend a higher percent of their income on out-of-pocket health spending.  The obvious solution is for employers to provide more health savings dollars for lower-income workers.

https://jamanetwork.com/journals/jamainternalmedicine/article-abstract/2705692
Oct 12 2018

Flo Health streams $12 million in new funding for its "FemTech" app.  No comment needed.

https://www.prnewswire.com/news-releases/us-femtech-market-leader-flo-health-completes-12m-series-a-scores-200m-valuation-300729347.html
Oct 11 2018

Large home health care vendor Amedisys is buying Compassionate Care, a large hospice company, for around $340 million.

https://home.modernhealthcare.com/clickshare/authenticateUserSubscription.do?CSProduct=modernhealthcare-metered&CSAuthReq=1:TG5KRjZvQjhtRmNTUFllUy8wO:AID:A118300D306463A3D89B4CD583AB3EB2&AID=/20181010/NEWS/181019988&title=Amedisys%20aims%20to%20acquire%20Compassionate%20Care%20Hospice%20for%20%24340%20million&CSTargetURL=http://www.modernhealthcare.com/article/20181010/NEWS/181019988?utm_source=modernhealthcare&utm_medium=email&utm_content=20181010-NEWS-181019988&utm_campaign=am
Oct 11 2018

Acorn Health has been formed by a PE firm and acquired two clinics focused on autism to eventually create a national business.

https://www.businesswire.com/news/home/20181009005237/en/MBF-Healthcare-Partners-Behavioral-Executive-Form-Acorn
Oct 09 2018

Singapore based Holmusk, which recently acquired behavioral health data company MindLinc, has raised $9.75 million in new capital to help expand its product and expand in the US and Europe.

https://www.holmusk.com/news/detail?ref=1455
Oct 09 2018

Sopris Health garners $3.4 million for its artificial intelligence software designed to help with medical documentation.

https://www.bizjournals.com/denver/news/2018/10/03/sopris-health-tech-startup-raises-money.html
Oct 09 2018

Carie Health has raised $7 million for its "free" telehealth platform for providers.  Kind of puzzling because someone has to pay and investors are expecting a return, so is this an advertising model or what?

https://globenewswire.com/news-release/2018/09/28/1586753/0/en/Carie-Health-Closes-7MM-Funding-to-Support-The-Roll-Out-of-its-Latest-Industry-First-The-Launch-Of-A-Free-Telehealth-Platform-For-Every-Doctor-in-America.html
Oct 09 2018

PBM RxAdvance has acquired an additional $50 million in financing, from an unidentified investor, which may be Centene, which has been the company's primary investor.

https://www.fiercehealthcare.com/payer/centene-backed-rxadvance-closes-50m-funding-round?mkt_tok=eyJpIjoiTkRVelkyRXdaREptWVdOaiIsInQiOiJIcWJ5ZEkwRm1oXC9aN0p0a2M1eGpPdnljUFFqYlF3YnJGcFd6QThHbW54Mk11dlwvSWxkeTlEOUFWeE1rM0RYUWtYRmhNTlVOZllWc0JsMmErUHdiZ3FNcm91VnpBZU1JN2JXV010SHgrMlJMQUJ6T0N3MEFWaUlPWEtlaFBRVzZmIn0%3D&mrkid=635530
Oct 05 2018

Anju Software, which offers software to help life sciences companies with development and commercialization, has acquired Zephyr Health, which has a database covering multiple diseases, providers and treatment patterns.

https://www.pehub.com/2018/10/pe-backed-anju-software-buys-zephyr-health/
Oct 03 2018

Optima Health Solutions, a vendor of practice management systems for post-acute care providers, has acquired Vantage Clinical Solutions, which offers software for physical therapy practices.

https://www.pehub.com/2018/10/alpine-backed-optima-healthcare-solutions-buys-vantage-clinical-solutions/
Oct 02 2018

iDx, which offers an artificial intelligence platform for detecting diabetic retinopathy, has raised $33 million in a growth capital round.

https://www.prnewswire.com/news-releases/ai-diagnostics-company-idx-secures-significant-funding-from-8vc-optum-ventures-300718104.html
Oct 01 2018

UnitedHealth Group is buying Genoa Healthcare for around $2.5 billion.  Genoa has over 400 pharmacies, primarily in community mental health centers.  For some reason UHG has been shy about publicizing this purchase.

https://www.fiercehealthcare.com/payer/unitedhealth-buys-genoa-healthcare-adding-more-than-400-pharmacies-to-its-pbm?mkt_tok=eyJpIjoiWmpVeVlUSmpZVGhoTjJNMiIsInQiOiJWeFZnSkR5QU8yeEgyN3NpSHlIdTRXb1FSZXllTU1EUnVGTHMrRUFnZkRLYUNQSjNqK2JpQ1duYzhNRGtTc1RYa3JCQ1FJZXhLUk5QYVwvSmMwMGRrd0dXSlV3V1dQb1g0VDNudmQ4QmorRWFaQmxVVVNqV2FIQUFvYTJyMUw4MlMifQ%3D%3D&mrkid=635530
Oct 01 2018

Molina Health, which primarily offers Medicaid health plans, has sold its Medicaid information system business to DXC Technology Company for about $230 million.

https://molinahealthcare.gcs-web.com/news-releases/news-release-details/molina-healthcare-completes-sale-medicaid-management-information
Oct 01 2018

Two very large Texas-based hospital systems are merging, Hermann Memorial and Baylor Scott & White, with a combined 68 hospitals.

http://www.modernhealthcare.com/article/20181001/NEWS/181009994?utm_source=modernhealthcare&utm_medium=email&utm_content=20181001-NEWS-181009994&utm_campaign=mh-alert
Oct 01 2018

Carestack, which offers a practice management software suite for dental practices, garners a fresh round of $16 million in capital.

https://medcitynews.com/2018/09/carestack-cloud-based-dental-offices/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=66175347&_hsenc=p2ANqtz--DdmJe-BXOFsKzZY0Z31FrzwZI2E1lETC7RGBk0elqflG6Ps-d4Fw8XSOdoFIiPTc4wQSRLokdgmNmZZmVMQ__ubCujaGXmPIczROSMNicclk4gM4&_hsmi=66175347&rf=1
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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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