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Dec 11 2017

Woodn't you know it, Cedar garners $13 million in new funding for its payment system to help providers collect from patients.

http://www.businesswire.com/news/home/20171206005064/en/Cedar-Launches-Smarter-Payment-Solution-Providers-Patients
Dec 08 2017

Hospital chains Dignity Health and Catholic Health have agreed to merge, yet another deal that should be stopped.

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/chi-dignity-health-to-merge-into-28-4b-nonprofit-system-7-takeaways.html
Dec 07 2017

Virtual Health gets $7 million in real money to support its care management platform aimed at health plans and risk-bearing entities.

http://www.prweb.com/releases/2017/12/prweb14978994.htm
Dec 07 2017

HealthiPass didn't get a pass from investors, garnering $7.2 million for yet another business that helps providers collect from patients at the point-of-service or thereafter.

https://www.pehub.com/2017/12/healthipass-gathers-7-2-mln-series-a/
Dec 07 2017

A study in the journal Health Services Research finds that drug-eluting stents were taken up by cardiologists faster in markets in which there was greater competition among cardiologists, but hospital market structure appeared to have little impact on diffusion rates.

https://www.ncbi.nlm.nih.gov/pubmed/27196678
Dec 07 2017

Matrix Medical Network, which largely provides in-home risk assessment for the MA market, has acquired LP Health Services which offers post-acute assessments.

https://matrixmedicalnetwork.com/2017/12/01/matrix-medical-network-completes-the-acquisition-of-lp-health-services/
Dec 06 2017

Large Chicago area health system Advocate is merging with Milwaukee-based Aurora Health, in another deal that should be rejected on competitive grounds.

http://www.modernhealthcare.com/article/20171204/NEWS/171209965?utm_source=modernhealthcare&utm_medium=email&utm_content=20171204-NEWS-171209965&utm_campaign=financedaily
Dec 06 2017

UnitedHealth Group is buying the medical clinic business of DaVita Health for $4.9 billion, bringing to a close a difficult chapter for DaVita, which struggled to make its acquisition of that business work.  Another example of stick to your knitting.  And UHG continue to expand its provider footprint, which makes sense if it lowers costs for UHG health plans and if the businesses can be effectively managed.

https://finance.yahoo.com/news/unitedhealth-buy-davitas-medical-unit-120715969.html
Dec 05 2017

Medigate, which has software that helps protect medical devices from cybersecurity threats, grabs $5.35 million in new capital.

https://www.ylventures.com/medigate-announces-5-35m-seed-round-protect-connected-medical-devices-pandemic-cyberattacks-threatening-patient-safety-privacy/
Dec 05 2017

Lean Taas gets $26 million in additional capital to fund its business that supposedly uses advanced analytics to improve provider facility performance.

http://www.businesswire.com/news/home/20171114005595/en/Insight-Venture-Partners-Invests-26M-Series-LeanTaaS
Dec 04 2017

Large pharmaceutical company Roche (no relation, unfortunately) is buying a firm called Viewics that collects and analyzes lab data to improve operations.

http://www.modernhealthcare.com/article/20171203/NEWS/171209973?utm_source=modernhealthcare&utm_medium=email&utm_content=20171203-NEWS-171209973&utm_campaign=mh-alert
Dec 04 2017

Prognos uses artificial intelligence to gain analytic insights from laboratory and diagnostic data to guide treatment.  The company gathers another $20.5 million in capital.

http://www.stockmarketwire.com/article/5764757/Hikma-Ventures-investment-in-Prognos.html
Dec 04 2017

Empiric Health, which was founded by the Intermountain health system, has raised $3 million to start its business of helping reduce variation in care patterns.

https://www.prnewswire.com/news-releases/empiric-health-raises-3-million-super-seed-financing-to-commercialize-and-expand-its-service-offering-and-workflow-optimization-tools-300563371.html
Dec 01 2017

Rx Savings Solutions, which helps payers and patients minimize drug spending, raised an additional $18.4 million in financing.

https://www.prnewswire.com/news-releases/rx-savings-solutions-secures-184-million-in-new-funding-to-further-propel-business-growth-300561607.html
Dec 01 2017

Remedy Health Media, a vendor of websites with health information and marketing material, is being acquired by a private equity firm for an undisclosed amount.

http://www.remedyhealthmedia.com/sites/www.remedyhealthmedia.com/files/Remedy-Topspin-Partners-Announcement_11.29.17.pdf
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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

Color Turquoise Health happy, as it raises $40 million in new capital to support an expansion of its business from price transparency to managing contracts for providers.  Unfortunately the price...
March 18, 2026
Eight Sleep, another one of those weird names that litter health care, raised a new round of capital which supposedly values the company at $1.5 billion.  Eight Sleep sells sleep...
March 10, 2026
Simplistically, high health spending is due to high hospital prices, which is due to excessive market power.  An article shows just how concentrated most US hospital markets are.   In...
March 10, 2026
Mental health companies are very hot.  Virtual mental health services provider Talkspace is being bought by hospital operator Universal Health for around $835 million, a high multiple of revenue and...
March 10, 2026

Tags

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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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