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Oct 18 2017

ML Healthcare, which helps patients find ways to pay for health care, has been recapitalized, i.e. bought, by a private equity firm.

https://www.pehub.com/2017/10/777-partners-recaps-ml-healthcare/
Oct 18 2017

Large workers' comp managed care vendor Mitchell International has acquired Consumer Health Connections, which provides telehealth services for the workers' comp market.

http://www.businessinsurance.com/article/20171016/NEWS08/912316545/Claims-manager-Mitchell-invests-workers-comp-telehealth-Consumer-Health?utm_campaign=BI20171018WorkersComp&utm_medium=email&utm_source=ActiveCampaign
Oct 16 2017

Wellness and analytics provider Welltok pays $80 million to acquire Tea Leaves Health, which offers "engagement" software for hospitals to connect with physicians and consumers.

https://medcitynews.com/2017/10/welltoks-80m-acquisition-gains-access-hospitals/?_hsenc=p2ANqtz-9p-uER5ZxeSGGVs7RzBLwaIyMsAa9wBMCoLGhpxURhM7UORsGCvnKtJLL9ZsdAfWxVZlmxjK0TbroTOjiSWJXl2Hl_glqmTALB_ogse70tj5LGmXc&_hsmi=57287968&rf=1
Oct 16 2017

Azeala Health, a provider of IT software to health care entities, brightens its future by acquiring Prognosis Healthcare, which offers EMRs to rural hospitals.

https://www.pehub.com/2017/10/azalea-health-merges-with-vc-backed-prognosis-healthcare/
Oct 10 2017

Here is another firm trying to acquire its way to success.  Atos, a French IT outsourcing firm, is buying three US health IT consultants, Pursuit Healthcare, Conduent Healthcare Provider Consulting and Conduent Breakaway.

https://atos.net/en/2017/press-release_2017_10_04/atos-acquires-3-key-healthcare-consulting-companies-us
Oct 10 2017

Don't be a fool, invest in JOOL, its a gem, get it.  Apparently some investors did, shining up JOOL Health with $4.5 million in capital, apparently, as best I can tell from the gibberish in the press release, for something that has to do with digital and patient engagement.

https://www.joolhealth.com/blog/press-releases/jool-health-closes-4-5m-series-seed-preferred-round/
Oct 10 2017

Express Scripts is buying EviCore for $3.6 billion.  The purchase suggests that ESI recognizes that the PBM business is losing steam and facing price pressures and a move to broader care management capabilities may provide better future returns.

http://phx.corporate-ir.net/phoenix.zhtml?c=69641&p=irol-newsArticle&ID=2305687
Oct 09 2017

Trillian Health apparently intents to acquire a trillion companies, as it has made three recent acquisitions to bolster its health data and analytics business, including Expression Health Analytics, Aegis Health, and Clariture Health.

http://www.businesswire.com/news/home/20171003005553/en/Trilliant-Health-Brings-Expression-Health-Analytics-Fold
Oct 09 2017

According to an AHRQ Statistical Brief, 35% of child visits to a physician were paid for by Medicaid and the average payment per visit by Medicaid was $88 less than that paid by private insurance.  Hard-to-imagine that many physicians will continue to serve children covered by Medicaid with kind of gap.

https://meps.ahrq.gov/data_files/publications/st504/stat504.shtml?utm_source=ahrq&utm_medium=en1&utm_term=&utm_content=1&utm_campaign=ahrq_en10_3_2017
Oct 09 2017

Employee Benefit Management Services, which manages self-funded plans for employers, has been recapitalized by Water Street.

http://www.ebms.com/ebms-news/98/ebms-partners-with-water-street-to-expand-its-services
Oct 05 2017

Iris Plans gets an eye-opening $5.1 million to support helping patients and providers coordinate care and discharge plans near end-of-life.

https://www.builtinaustin.com/2017/09/27/health-startup-iris-plan-raises-51m
Oct 04 2017

Research at JAMA Internal Medicine suggests that doctors who have a financial interest in imaging equipment and a history of low-value imaging, are most likely to do additional low-value imaging for low back and head pain.

http://jamanetwork.com/journals/jamainternalmedicine/article-abstract/2653911
Oct 04 2017

According to research published in the Journal of the American Medical Informatics Association, comparing online quality ratings of 78 doctors to more objective quality performance measures indicates that online reviews aren't worth much.  This is likely because consumers rate quality on much they like a physician and other intangibles.

https://academic.oup.com/jamia/article-abstract/doi/10.1093/jamia/ocx083/4107665/Online-physician-ratings-fail-to-predict-actual?redirectedFrom=fulltext
Oct 04 2017

Patients may be wise, but we will see about investors, as PatientWisdom grabs and undisclosed amount of funding for its app that lets patients share health care stories.  Ahhh, isn't that cute.

https://www.pehub.com/2017/10/patientwisdom-snags-funding-osf-ventures/
Oct 02 2017

Machine learning health startup Cogitativo has raised $5 million in initial financing, to expand its business beyond payment integrity.

http://www.prnewswire.com/news-releases/healthcare-machine-learning-startup-cogitativo-closes-5m-series-a-financing-300523016.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

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

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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