Row, row, row your business is easy when you get $88 million in funding, but that is what Ro did for its consumer-oriented telehealth business. See my prior note about too much capital looking for a home.
OODA Health, which claims it will upend the current system for health care payment, has received an unusual $40.5 million dollars from quirky investors. Oh, but wait, the CEO is the ex-CEO of Castlight Health, it is certainly OOD that anyone would invest in that guy. If you don't believe there is too much capital floating around looking for a home, stuff like this proves it for sure.
Wellth garners some wealth, getting $5.1 millionth in new fundingth to build a businessth to use behavioral ecomomicsth to support adherenceth to care plansth. Here's to your healthth!!
Britain-based Medopad, which has an app that allows remote monitoring of vital signs through wearables, is buying US-based Sherbit, which offers a similar service.
Clarify Health clearly attracts investors, getting $57 million in new funding for its somewhat murky business of the usual data analytics, patient engagement, etc. for creating better patient care plans.
Medicare primary care clinic operator Oak Street Health has acquired Ampersand's Medicare clinics in Philadelphia as part of its entry into the market.
Note this, Notable Health notably gets not debt in the form of notes but real cash financing of $13.5 million, and I would note that the company notes that it digitizes and automates physician patient communication, including notes.
Harris Computer Systems, a large IT vendor, has announced that its health care group will acquire Iatris Systems, a provider of services to help hospitals maximize their IT systems (tells you something when companies make as much trying to help people figure out how to use their software as they do selling the software in the first place).
Cricket Health chirps along, gathering $24 million in a new funding round to support better care for ESRD patients, including starting new dialysis centers.
https://www.crickethealth.com/series-a/
Sep042018
Health information system vendor Medicare is buying Rock-Pond Solutions, a provider of business intelligence and analytics tools for the home infusion and DME industries.
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.
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.