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Parachute Health drops in another $15 million in financing for its durable medical equipment ordering app for hospitals.
https://medcitynews.com/2018/06/parachute-health-eprescribing-for-medical-equipment/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=63501917&_hsenc=p2ANqtz-8aBFMSgPfghdDGmb2fzsjdxfVFIdpAuxmaq0PD3e2e-vsHlI0WZFMNisTkHXZF4MVU1IE__6bk5rQsQlkbdTvzC2yJpnuw4lQOhJ76HXZ--P7blqg&_hsmi=63501917&rf=1
Telemedicine vendor Teladoc is buying Advance Medical, which focuses on global virtual care solutions, for a whopping $352 million.
https://home.modernhealthcare.com/clickshare/authenticateUserSubscription.do?CSProduct=modernhealthcare-metered&CSAuthReq=1:TG5KRjZvQjhtRmNTUFllUy8wO:AID:BE611CC2B5138E2F16242A7BEFBA8946&AID=/20180604/TRANSFORMATION02/180609973&title=Teladoc%20acquires%20Advance%20Medical%20for%20%24352%20million&CSTargetURL=http://www.modernhealthcare.com/article/20180604/TRANSFORMATION02/180609973?utm_source=modernhealthcare&utm_medium=email&utm_content=20180604-TRANSFORMATION02-180609973&utm_campaign=hits
Like many companies, Nokia has found digital health rarely lives up to the hype. The company paid 170 million euros for Withings, a digital scale and weight management company, and acquired other digital health businesses, which it is now selling for a pittance and for which it is taking a 141 million euro write-off.
https://globenewswire.com/news-release/2018/05/31/1514548/0/en/Nokia-closes-the-sale-of-its-Digital-Health-business.html
SonderMind goes crazy, getting $2.5 million in new funding for its digital network of behavioral health providers.
https://www.pehub.com/2018/05/therapists-digital-network-sondermind-garners-2-5-mln/
A PE firm is acquiring Asperion Health Resources, which helps hospitals and other providers get paid for complex claims which may have unusual sources of payment.
https://www.pehub.com/2018/05/aquiline-capital-acquires-aspirion-health-resources/
Qliance, which operated a set of primary care clinics that took payment directly from patients, has gone out of business.
https://www.beckershospitalreview.com/finance/direct-primary-care-group-files-for-bankruptcy-after-abruptly-closing-clinics.html
Medicare and Medicaid health plan company Wellcare is buying Meridian health plans for $2.5 billion, adding plans in the upper Midwest.
http://www.modernhealthcare.com/article/20180529/NEWS/180529921?utm_source=modernhealthcare&utm_medium=email&utm_content=20180529-NEWS-180529921&utm_campaign=mh-alert
Physician house call vendor Heal secures another $20 million in revenue to continue expansion.
https://www.pehub.com/2018/05/doctor-house-calls-app-heal-seals-20-mln/
Insightin Health persuades investors to provide $2 million in startup financing for its AI powered customer relationship management system.
https://www.prnewswire.com/news-releases/local-startup-insightin-health-announces-platform-raises-2-million-in-funding-300652224.html
Honor garners $50 million for its business of providing support tools for caregivers.
https://medcitynews.com/2018/05/honor-raises-50m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=63150595&_hsenc=p2ANqtz-9Mb6pqeFPAJVX8tBOzTwbQvSMOlqO7Oof_rUDFZdU9_6tdIxvLzZPzAbZhaNLvfGRwjm3z80xKk_LssRaQY0UKzvhDSaZiC-HDd3GwOd_kA5MVzbI&_hsmi=63150595&rf=1
PE firm Marlin Equity Partners is buying Virgin Pulse, a wellness company, and merging it with Redbrick Health, another wellness company just acquired by Marlin.
https://www.pehub.com/2018/05/marlin-acquiring-corporate-wellness-company-virgin-pulse-will-merge-redbrick-health/
Anthem is buying Aspire Health, which provides team-based palliative care in the home.
http://www.modernhealthcare.com/article/20180523/NEWS/180529971?utm_source=modernhealthcare&utm_medium=email&utm_content=20180523-NEWS-180529971&utm_campaign=dose
Credit bureau TransUnion furthers its push into health care, buying Healthcare Payment Solutions, which helps providers optimize Medicare reimbursement.
https://www.pehub.com/2018/05/transunion-buy-iovation/
Luma Health gets more capital, $6.33 million, to support its patient to provider communication platform.
https://www.pehub.com/2018/05/usvp-leads-series-a-funding-in-luma-health/
Primary care clinic operator Iora Health has raised and additional $100 million in financing, as it continues to expand its Medicare patient base.
https://medcitynews.com/2018/05/iora-health-raises-100m-with-plans-to-double-number-of-medicare-patients-it-serves/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=63111762&_hsenc=p2ANqtz--cblRDKKmmxOgU180vyDLyo41Ks_3pPye0x1QB9o8wMgph7Ld5qpMDnaxK3Cvw3WtKSD8gkamytFbQNLvwuJk1l-eDay-MTUZFJmkKG2hJTagdRrw&_hsmi=63111762&rf=1
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.
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