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May 21 2018

Getting off to a decent start, Decent has raised $8 million for some gibberish about using crypto and blockchain to provide a nervous system for health care.  Seriously, what moron writes these press releases and thinks they will impress any intelligent person.

https://www.prnewswire.com/news-releases/healthcare-startup-decent-raises-8mm-to-build-affordable-care-for-all-300650876.html
May 18 2018

ConnectiveRx, which helps specialty and brand drug manufacturers and pharmacies with reimbursement and patient engagement, is buying The Macaluso Group, a technology vendor to specialty pharmacies.

https://www.pehub.com/2018/05/pe-backed-connectiverx-buys-macaluso-group/
May 16 2018

PriorAuthNow, which as its name suggests, provides software to automate prior authorization processes, has garnered $10.5 million in new capital.

https://medcitynews.com/2018/05/prior-authorization-automation/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=62950879&_hsenc=p2ANqtz--dkEhCTFYnv4TMiryvB0X_iA5LobDTNMYb8Aycpx6r_e16Bkq4mRlhqh5W3pOCdQDBXf9n_XXm18ZlIuVqiOIJV8gVNEMa7mQ4XESPjvaLcb__CEQ&_hsmi=62950879&rf=1
May 16 2018

Solv solves its funding problem, getting $16.8 million from solvent investors for its software that helps patients find and make urgent care appointments.

https://www.forbes.com/sites/bizcarson/2018/05/08/solv-health-urgent-care-solv-pay/#fe677683c425
May 16 2018

Wellness vendor Livongo is acquiring Retrofit, which offers weight management and diabetes prevention programs.

https://www.benefitnews.com/news/livongo-health-acquires-weight-management-company-retrofit?utm_campaign=ebn_new_health_care-may%2015%202018&utm_medium=email&utm_source=newsletter&eid=9e371a311c4e64d7c3081808ae243411
May 15 2018

Hint Health gets a whiff of success, with clued-in investors providing $10 million in financing for its software that supports direct care models for providers.

https://www.prnewswire.com/news-releases/hint-health-raises-10mm-to-power-the-direct-care-revolution-300644213.html
May 15 2018

Cumberland Consulting Group is buying LinkEHR to bolster its managed HIT services offerings for providers.

http://www.cumberlandcg.com/cumberland-consulting-group-expands-managed-services-practice-with-linkehr-acquisition/
May 15 2018

CipherHealth, which aids providers in patient engagement and care coordination, has received an undisclosed amount of financing from a PE firm.

https://www.cms.gov/Research-Statistics-Data-and-Systems/Downloadable-Public-Use-Files/Cost-Reports/RenalFacility.html
May 14 2018

Innovaccer, a health care database and patient engagement vendor, has secured $25 million more in capital.

https://medcitynews.com/2018/05/innovaccer-secures-25m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=62863318&_hsenc=p2ANqtz-9Iv7cb0AtqznejGeOYrEHQ6W8qCpGnI-Xx32XzbLNlYLWU_l1vvwWY7mPXEzhv9xl7w8xlxGS52DFVmwc4licmEyzUxqNpmo5dvt_Z68S-MeDcBT8&_hsmi=62863318&rf=1
May 14 2018

Qventus raises $30 million in a financing round to support its software that helps hospitals improve workflows.

https://medcitynews.com/2018/05/qventus-raises-30m-for-machine-learning-tools/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=62881498&_hsenc=p2ANqtz-8Lg-Q9aLHib1wvWUQhW4H6rREZJl3INbNdvlwbgb1MslHlZCn92Zpr_3TK8BMHfHwyHgMea4VES_w_ncVLBhSPI3LBVmukDiN0uazVObZoemH3EN8&_hsmi=62881498&rf=1
May 14 2018

Akili has received $55 million in new funding for its video games that help treat ADHD.  $55 million for video gaming for health.  Some investors clearly aren't paying attention.

https://medcitynews.com/2018/05/akili-raises-55m-as-it-prepares-to-submit-prescription-video-game-for-people-with-adhd-for-fda-approval/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=62812863&_hsenc=p2ANqtz-9az3nwb3Suut6BgT-0CRh0jecdCZMRzeJyV4T8eXrMHtGQ6fNz6Fhdw1q7IFwhhY2DI9e9ufGJf-w7KdfE8CC-gTu56DWB1s8-N5-KkCem967FVXc&_hsmi=62812863&rf=1
May 11 2018

Notable, a maker of voice-powered health care, has raised $3 million in funding.

https://www.pehub.com/2018/05/notable-rakes-3-mln-greylock-partners-led-round/
May 11 2018

Healthmetrics, which offers businesses software to help manage their health coverage costs, attracts $1 million in new capital.

https://vulcanpost.com/639086/healthmetrics-funding-malaysia-2018/
May 11 2018

Suki gets $20 million in new capital to provide a digital assistant to help doctors treat patients.

https://www.pymnts.com/news/artificial-intelligence/2018/suki-funding-voice-assistant-doctors-investment/
May 10 2018

Coviu gets $1 million in a financing round aimed at providing in-home video consultations for patients.

https://www.csiro.au/en/News/News-releases/2018/Coviu-raises-1m-interactive-digital-consultations-healthcare-sector
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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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