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Jan 09 2018

City Block has raised an additional $21 million in funding to support its work to partner with providers and payers to improve primary care for Medicare and Medicaid patients.  The funding was announced in the most hype-laden press release I have seen in a while.  Never a good sign.

https://www.pehub.com/2018/01/cityblock-health-scores-20-8-mln-series-a/
Jan 09 2018

Lets all share a moment of silence to honor hospitals, which, according to the American Hospital Association, saw uncompensated care costs rise to $38.3 billion in 2016, up about 8% from 2015, but still just a fraction of the excessive profits garnered by health systems from overpricing and the excessive costs they incur due to overpaying management.

http://www.aha.org/content/17/2017-uncompensated-care-factsheet.pdf
Jan 09 2018

Practice management software vendor Net Health meets a common fate, its current PE owners are selling it to a different PE firm.

https://www.pehub.com/2018/01/spectrum-equity-exits-net-health/
Jan 08 2018

EHR and practice management software vendor Allscripts is acquiring competitor Practice Fusion for $100 million in cash, starting a likely wave of consolidation among EHR vendors.  Now that most systems and practices have an EHR, growth is solely to come from stealing from competitors, or buying them.  Not good news in the long run for customers, who will face higher prices, and whose already dismal satisfaction with most of these products won't likely be improved.

https://ehrintelligence.com/news/allscripts-to-acquire-practice-fusion-in-100m-cash-deal?elqTrackId=a342f0a679ce48518de1ca05fc7f38f4&elq=314ca00a85dd4425a20fc95dbce40475&elqaid=4387&elqat=1&elqCampaignId=4065
Jan 08 2018

Village Health, which operates primary care clinics, has raised an additional $80 million in capital to support further expansion.

https://www.pehub.com/2018/01/national-primary-care-provider-villagemd-raises-80-mln/
Jan 08 2018

Connecture, a public company which provides software that facilitates health insurance exchanges, is being acquired at a puny 35 cents a share by a private equity firm.  This stock once traded at $12 a share.  Should be a clear warning about the dangers of small companies going public.

https://www.pehub.com/2018/01/francisco-partners-to-buy-connecture/
Jan 08 2018

Genome Medical, which offers assistance on the use of genetic information to physicians and patients through a telemedicine platform, has raised an initial round of $23 million in capital.

https://www.pehub.com/2018/01/genome-medical-collects-more-than-23-mln/
Jan 05 2018

Telepsychiatry firm Quartet has raised a fresh $40 million in new capital.

https://medcitynews.com/2018/01/quartet-40-horizon/?_hsenc=p2ANqtz-_M_9B7WspJlJavTswzAp98DoQc-V4injSC5PEFV9xdB0YWL7CbWEwTP-f4muw_BHABsvofKfHD6tpNdOJ5NAzt1EVi3xbpiMhSXWTB0eSUMazwyrY&_hsmi=59801787
Dec 26 2017

Salo Solutions, a provider of health IT consulting and systems integration, is acquiring Delta Health, which offers software for home health care agencies and hospices.

http://deltahealthtech.com/salo-solutions-acquires-delta-health-technologies/
Dec 26 2017

Specialized EHR vendor Net Health is being recapitalized by two PE firms and management.

https://www.nethealth.com/the-carlyle-group-and-level-equity-together-with-net-health-management-to-acquire-net-health-a-provider-of-cloud-based-healthcare-it-solutions-to-healthcare-providers/
Dec 21 2017

Healix, which provides home infusion services, has received an undisclosed amount of new capital.

https://www.benzinga.com/pressreleases/17/12/b10927963/ta-associates-announces-investment-in-healix
Dec 21 2017

EpicMd, which is beginning a telehealth service, has gathered $3 million in new funding.

https://globenewswire.com/news-release/2017/12/07/1247731/0/en/Physician-Led-Telehealth-Platform-Innovator-EpicMD-Announces-Early-Conclusion-of-3M-Series-A-Funding-Round.html
Dec 20 2017

Market Medical is getting $900,000 in seed funding for its service to help patients find affordable care options.

https://webwire.com/ViewPressRel.asp?aId=217631
Dec 20 2017

Stitch Health, which helps providers coordinate care for their patients, has sewed up an undisclosed amount of funding.

https://www.pehub.com/2017/12/stitch-health-grabs-series-a-funding/
Dec 20 2017

Aaptive, a vendor of audio fitness classes, has raised $38 million in new financing.

http://www.crossroadstoday.com/story/36972281/aaptiv-announces-series-a-and-series-b-financing-rounds-led-by-insight-venture-partners
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