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Oct 31 2018

Telehealth firm 98point6 is hot, raising a feverish $50 million from delirious investors to support its text-based primary care business.  Eventually the company will reach room temperature.

https://www.pehub.com/2018/10/healthcare-tech-company-98point6-attracts-50-mln-series-c/
Oct 30 2018

One Homecare, which offers home infusion and medical equipment services, has been recapitalized, i.e., acquired, by a PE firm.

https://www.pehub.com/buyouts/waypoint-capital-recaps-one-homecare/
Oct 30 2018

Citra Health Solutions, which offers software to assist risk-based providers, is acquiring DataWing Software, a vendor of eligibility and payment software for capitation processes.

https://citrahealth.com/citra-health-solutions-acquires-datawing-software/
Oct 29 2018

Scott & White, a Texas provider group and health plan, is buying FirstCare, another Texas health plan.

http://www.firstcare.com/FirstCare/media/First-Care/PDFs/Press%20Releases%20-%20Media%20Updates/Press-Release-10-23-18-FINAL.pdf?ext=.pdf
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/
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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

IKS Health, a British company with a US subsidiary that offers “care enablement” and mentions AI, of course,  is buying TruBridge for $557 million.  TruBridge offers revenue cycle management and...
April 30, 2026
Innovacer, which basically collects data on a patient from multiple sources and aggregates it, raised an astounding $275 million in new capital, supposedly at a valuation of almost $3.5 billion....
April 22, 2026
A company called Whoop raised a ridiculous $575 million in new capital at a supposed $10 billion valuation.  The press release was released on April 1, so I would like...
April 5, 2026
Big deals continue in health care financings.  eMed, which manages weight loss medications for employers, raises a hefty $200 million, giving it a valuation of $2 billion, which seems crazy....
March 31, 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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