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May 23 2018

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
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/
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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

More AI craziness in health care.  A company called H1 is buying Defacto Health for God-knows how much money.  Both companies claim an AI background and to help with “provider...
September 11, 2026
To show you how AI fever has infected every part of the investing world, this company, Forus, raised $150 million in new capital at a $3 billion valuation by saying...
September 9, 2026
Thyme Care decides its time to party, spicing up its business with a fresh $125 million in capital, with a valuation of over $2 billion.  The company helps manage cancer...
September 3, 2026
Virtual physical therapy company Sword Health sticks it to shareholders by acquiring virtual mental health company Headspace in an all cash deal valued at somewhere between $200 million and $300...
August 29, 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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