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Oct 29 2018

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.

https://www.prweb.com/releases/genuine_health_group_and_primehealth_physicians_join_forces_to_create_one_of_the_largest_value_based_providers_in_south_florida/prweb15870072.htm
Oct 29 2018

HealthChannels is apparently buying Team Health's medical scribe business for around $160 million to add to its own similar business.

https://www.pehub.com/buyouts/vesey-streets-healthchannels-buys-medical-scribe-unit-from-blackstones-teamhealth/
Oct 29 2018

Mingle Analytics, which helps with Medicare performance metrics, and SilverVue, which offers services to assist providers with value-based payments, are merging.

https://medcitynews.com/2018/10/mingle-analytics-and-silvervue-merge-to-create-value-based-care-vendor-mingle-health/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=67002257&_hsenc=p2ANqtz-9CLM8ZBeCSqiOIi1WiovYxTrGLIY3qxl0FuGWAaxcFd8up99ZM9XEYMJY7S2NH-lXPemm3eDlWeI3p32x0unC82_OnkEFgd3td5NAEKJO7AcP5rLY&_hsmi=67002257
Oct 26 2018

Revenue cycle management software vendor Waystar is acquiring Connance, which aids providers in determining patient ability to pay.

https://www.healthcarefinancenews.com/news/waystar-acquire-connance-expanding-its-revenue-cycle-and-predictive-analytics-technologies
Oct 26 2018

Two large providers of non-emergency health care transportation services are combining, as LogistiCare and Circulation merge.

http://www.logisticare.com/news/
Oct 26 2018

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.

http://fortune.com/2018/09/18/erectile-dysfunction-roman-funding/
Oct 25 2018

Aledade, which helps physician practices participate in ACOs, secured $23 million in fresh funding.

https://www.bizjournals.com/washington/news/2018/10/17/bethesda-health-tech-company-aledade-raises-23.html
Oct 25 2018

Carepoynt, which offers incentive programs for consumers to engage in healthy behaviors, raised another $5 million in capital.

https://www.mobihealthnews.com/content/following-julys-seed-round-health-rewards-platform-carepoynt-raises-another-5m
Oct 24 2018

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.

https://www.pehub.com/buyouts/clearlake-buys-healthcare-saas-company-symplr-for-about-550-mln/
Oct 23 2018

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.

https://www.pehub.com/2018/10/atar-buys-behavior-and-mental-health-services-provider-pathways/
Oct 18 2018

Hero heroically helps itself to a heaping, healthy slug of funding, $12 million, for the world's 1000th home medication management system.

https://www.pehub.com/2018/10/healthcare-startup-hero-lands-12-mln-series-a/
Oct 17 2018

On-demand pharmacy NowRx gets a prescription for $7 million in fresh capital.

https://www.pehub.com/2018/10/on-demand-pharmacy-nowrx-nets-7-mln-series-a/
Oct 17 2018

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.

https://www.prnewswire.com/news-releases/skyview-capital-llcs-skyview-ventures-completes-seed-round-investment-in-pr3vent-inc-300732127.html
Oct 17 2018

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.

https://www.forbes.com/sites/michelatindera/2018/10/16/devoted-health-new-medicare-advantage-business-raises-300-million/#7efdb153070e
Oct 17 2018

The Sanofi 2018 Payer Digest

http://www.managedcaredigest.com/ereader/2018PayerDigest/2/
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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

Color Turquoise Health happy, as it raises $40 million in new capital to support an expansion of its business from price transparency to managing contracts for providers.  Unfortunately the price...
March 18, 2026
Eight Sleep, another one of those weird names that litter health care, raised a new round of capital which supposedly values the company at $1.5 billion.  Eight Sleep sells sleep...
March 10, 2026
Simplistically, high health spending is due to high hospital prices, which is due to excessive market power.  An article shows just how concentrated most US hospital markets are.   In...
March 10, 2026
Mental health companies are very hot.  Virtual mental health services provider Talkspace is being bought by hospital operator Universal Health for around $835 million, a high multiple of revenue and...
March 10, 2026

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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