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Apr 09 2018

Neurotrack garners $13.7 million in a new financing round for its platform to improve brain health, with investors being the test subjects for the product.

https://www.pehub.com/2018/03/neurotrack-fetches-13-7-mln-series-b/
Apr 09 2018

Elligo Health Research attracts $16 million in new capital for its business of involving general practice physicians in clinical research.

http://hatterasvp.com/elligo-health-research-raises-16m-to-improve-access-to-clinical-trials/
Apr 09 2018

EHR vendor Netsmart is acquiring Change Healthcare's home health care and hospice software business, which Change acquired when it bought McKesson's health IT division.

http://www.modernhealthcare.com/article/20180406/NEWS/180409933?utm_source=modernhealthcare&utm_medium=email&utm_content=20180406-NEWS-180409933&utm_campaign=financedaily
Apr 06 2018

Jordan Health Services, a large home-health care provider based in Texas, is being acquired by a PE firm, apparently for around $700 million.

https://www.prnewswire.com/news-releases/palladium-equity-partners-announces-acquisition-of-jordan-health-services-112497939.html
Apr 05 2018

Population health and wellness vendor Welltok ticks along, gathering in $75 million in a new round of capital as it moves into provider and health system markets.

https://medcitynews.com/2018/04/welltok-raises-75m-series-e-round-support-customer-base-expansion-health-systems/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=61876674&_hsenc=p2ANqtz-9xlhyMTMXZG2YoEobFOxvsixu5X0tLNdjQmW9DlVsPoKLO4P3fSNmKFelRFKn6v3rUg_jj-GTxKnsmOmD7XjH9nJQ7L-wWD4Rihfi-6x8sSn9FQ7M&_hsmi=61876674&rf=1
Apr 05 2018

Virta Health shows that virtue may not be its own reward, you need some cash too, as it raises $45 million to support its program that claims to reverse Type 2 diabetes by lifestyle changes.

https://blog.virtahealth.com/virta-health-raises-45-million-to-expand-treatment-for-type-2-diabetes-reversal/
Apr 03 2018

Genae, which provides clinical trial services to medical device firms, is buying data management firm Hilbert Paradox for an undisclosed amount, solving a conundrum.

https://www.fiercebiotech.com/cro/medical-device-cro-genae-buys-health-data-management-company?mkt_tok=eyJpIjoiT0RkaVpqSTFNMk14TURneCIsInQiOiJxbnBaak1nRW92b24xRkpVSzZBazFsR2YxQjhLQXNVMDVzYzMyXC9UWW04N1BRXC91b2ZsV2owNjlKVmR5K0xcLzJlZituWTM1KzdBckJ6QlwvaHY5V2o1UXdUVUlibTg2NzVYaFpKcHVtUnp6T1RIcXFlemZETDM2SnhWdFhNSHdoOGIifQ%3D%3D&mrkid=635530
Apr 03 2018

Vatica, which sells providers and plans software that helps with risk adjusted payments, is being recapitalized by a PE firm.

https://www.pehub.com/2018/04/great-hill-invests-vatica-health/
Apr 03 2018

General Electric is selling part of its health care information technology business to a PE firm for $1.05 billion.  The unit sells staffing, revenue cycle and practice management software and was originally cobbled together when GE intended to compete with large health IT firms.

https://www.reuters.com/article/us-ge-restructuring/ge-healthcare-to-sell-it-unit-to-veritas-for-1-05-billion-idUSKCN1H91HE
Apr 02 2018

Once disgraced revenue cycle management firm Accretive Health cleverly changed its name to R1 RCM and is now acquiring Intermedix' practice management and analytics business for $460 million.

https://www.crunchbase.com/organization/hellomd
Apr 02 2018

Accolade garners plaudits from investors, who shower it with $50 million in new capital for its patient advocacy platform, although you read the press release and tell me if you understand what they actually do from the gibberish contained therein.

https://www.prnewswire.com/news-releases/accolade-announces-50-million-in-financing-supports-solution-innovation-and-growth-to-more-than-11-million-members-300621824.html
Mar 30 2018

Canvas Medical draws $3 million in financing to support its practice management software for independent doctors.

https://www.prnewswire.com/news-releases/canvas-medical-launches-platform-to-help-independent-primary-care-practices-thrive-and-remain-independent-300620073.html
Mar 28 2018

In a case that just proves that investors will throw good money after bad, Oscar Health has raised an additional $165 million in financing to fund its ongoing losses in the health plan market.

https://medcitynews.com/2018/03/oscar-health-raises-165m-round-health-insurance-startups-valuation-grows/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=61689082&_hsenc=p2ANqtz-9CgN_ESMVYFcm5vYMxCiqfCa8sFIBfOCB7ZaMqMWlNCns0FNdtzkcXhBwCKpy4O3rV5PQU-PwyzWgAeOnByFXzskxGGBBBPESlJDuAjLMYRklIK7o&_hsmi=61689082&rf=1
Mar 28 2018

A PE firm has made an undisclosed, but likely very large, investment in Landmark Health, which cares for chronically ill patients in a risk-based model that focuses on at-home care.

https://www.pehub.com/2018/03/general-atlantic-invests-landmark-health/
Mar 27 2018

Workpath, which helps connect health staffing resources with providers who need help, raises an additional $1.5 million to help recover from its previous name, which for some bizarre reason was Iggbo.

https://www.prnewswire.com/news-releases/iggbo-announces-corporate-name-change-to-workpath-new-headquarters-and-funding-300619267.html
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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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