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Jul 11 2018

AdvancedMD, which offers practice management software to independent physician offices, is acquiring NueMD, which appears to do the same thing.  New name to be MDMD or Advanced & Nue.

https://www.pehub.com/2018/07/pe-backed-advancedmd-buys-nuemd/
Jul 11 2018

In a convoluted transaction, EHR and other health care software vendor Cerner is investing $266 million in Essence Holdings, which owns population health vendor Lumeris and operates primary care clinics.  The companies will also work toward creation of a software product aimed at Medicare Advantage plans.

https://medcitynews.com/2018/07/cerner-lumeris/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=64338012&_hsenc=p2ANqtz-_yZQfqQrwfFCMGn4pveRk1G_dtcgUMl63Ej2_dChEuu7vgrSbGRs0HU6GAjr-R7HrWiiKKIptCQwKkVa06XigAaKcXbwb5lbE7X3e5b4kRxoDQhZU&_hsmi=64338012&rf=1
Jul 09 2018

Hitch Health's fundraising goes off without a hitch, getting wedded to $900,000 in new capital for its health care ride-sharing app.

http://www.startribune.com/hitch-health-raises-900k-for-health-care-ride-sharing/487530361/
Jul 06 2018

MedRhythms makes a hit, collecting $5 million in new funding to build a business using music to help with neurologic disorders, or something like that.

https://www.businesswire.com/news/home/20180629005057/en/MedRhythms-Announces-Oversubscribed-Series-Financing-Led-Werth
Jul 05 2018

Cedar Health barks up the right tree, putting down roots with $36 million in fresh financing to support its patient payment platform.

https://www.prnewswire.com/news-releases/patient-financial-management-platform-cedar-raises-36-million-series-b-300671241.html
Jul 05 2018

Inbox Health, which helps providers communicate with patients about bills, raises a skimpy $2.4 million in capital.  The inbox is not full.

https://www.prweb.com/releases/2018/06/prweb15592298.htm
Jul 05 2018

EXLService Holdings, a general analytics firm,  is buying Scio Health Analytics, a vendor of data warehousing and analytics for health providers and plans, for $236 million.

https://www.pehub.com/2018/07/exlservice-buys-scio-health-analytics-for-236-5-mln/
Jul 03 2018

WelbeHealth garners $15 million in fresh financing to support its business of operating PACE programs for Medicare beneficiaries.

https://www.businesswire.com/news/home/20180628006469/en/WelbeHealth-Raises-15-Million-Series-Accelerate-Growth
Jul 03 2018

Telehealth firm American Well is raising an additional $315 million in capital, for reasons that completely elude me, unless it is to fund the ongoing losses that the company must be experiencing.

https://www.xconomy.com/boston/2018/07/02/american-well-raises-290m-to-go-bigger-in-telehealth/
Jun 29 2018

Premise Health, which operates on-site employee health centers, is apparently being sold from one PE firm to another.

https://www.pehub.com/buyouts/omers-prevails-in-auction-for-pe-backed-premise-health/
Jun 29 2018

Fitplan Technologies secures $4.7 million in fresh capital for its software that provides personalized fitness regimens designed by hot-shots in the personal training industry.

https://www.businesswire.com/news/home/20180628005374/en/Fitplan-Technologies-Secures-4.7-Million-Venture-Funding
Jun 29 2018

Centauri Health Solutions, which provides revenue optimization and quality of care services to providers and plans, is acquiring NHI Billing Services, which offers revenue management and billing services to health systems in regard to Medicaid.

https://healthy-skeptic.com/wp-admin/post-new.php
Jun 29 2018

Bind Health, which offers "on-demand" health insurance benefits, has raised a total of $70 million in its Series A funding.

https://tech.mn/news/2018/06/28/bind-banks-70m-for-on-demand-health-insurance/
Jun 29 2018

Okay, so now everyone in the pharmacy business can officially freak out, Amazon said it will buy PillPack for about $1 billion.  PillPack bundles drugs and ships them to patients who buy online.  I don't think that is actually much of a threat to the Walgreens and CVS' of the world.

https://www.wsj.com/articles/amazon-to-buy-online-pharmacy-pillpack-1530191443
Jun 25 2018

Wildflower Health, which offers, wait for it, a MOBILE APP to help families manage their health, is acquiring another, wait for it, MOBILE APP, Circle, which is oriented toward helping pregnant women.

https://medcitynews.com/2018/06/wildflower-health-circle/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=63999468&_hsenc=p2ANqtz-8AEDAb0QlSlYG4vcW2vXjgnWC9dCoWtqoqFW8HGAm9DH4FbUJkXyY5BP5APlLmYECLr9KyDsz3IJZ-UU3UmD0etJL4s7IQf886RVGEaaAsrcUxqn4&_hsmi=63999468
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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

InStride Health hit the ground running, well maybe walking, as it raised $30 million in additional capital for its pediatric mental health business.  Children’s mental health would be just fine...
June 17, 2026
GoHealth is another of those excessively valued health startups that was always destined to flounder and not it has filed bankruptcy and the company will be turned over to lenders....
June 8, 2026
Garner Health isn’t gathering any accolades from me, as it raises a new round of $100 million in capital at about a $2.5 billion valuation.   The company supposedly steers...
June 2, 2026
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

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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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