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Aug 10 2017

Oh boy, Buoy Health gets a lift by raising $6.7 million in new funding for its digital tools that help people get the right care!!  Sounds like a winner.

https://www.pehub.com/2017/08/health-tech-startup-buoy-health-rakes-in-6-7-mln-series-a/
Aug 10 2017

Groove Health gets a cool $1.6 million for its medication adherence platform.

http://medcitynews.com/2017/08/groove-health/?_hsenc=p2ANqtz-9pHeJpCZkAxh7OojChxQkfCFlKwL12KUOjO_P1vpcNCxI6fCi-YnQHha7hAVQrWRSoYJth9tDbf3Bq_DZ6Gm9Lhe7X92tlUukRGmcHQhH5sKcrlPQ&_hsmi=55108005&rf=1
Aug 08 2017

EnableComp, which helps health care providers maximize their payments from workers' compensation plans, has raised an undisclosed amount of funding.

https://www.pehub.com/2017/08/primus-capital-backs-enablecomp/
Aug 08 2017

A PE firm is buying Covenant Surgical Partners, which operates surgicenters in 37 locations.

https://www.pehub.com/2017/08/kkr-to-buy-covenant-surgical-partners/
Aug 08 2017

Air Medical Group is buying American Medical Response for $2 billion, combining two large medical ambulance and transportation providers.

https://www.pehub.com/2017/08/kkr-backed-air-medical-to-buy/
Aug 08 2017

German medical services and products company Fresenius is buying NxStage Medical, which offers home dialysis equipment and services, for $2 billion.

https://www.nephrologynews.com/fresenius-medical-care-acquire-nxstage-medical/?utm_source=newsletter_080817&utm_medium=email&utm_campaign=newsletter&mkt_tok=eyJpIjoiWVRRelpEQTNOVFJoTW1FMyIsInQiOiI2RnpDb210bU04TnBwVWhOd2k2dlJGNmEyc3krZTZpaTZPZHZ1MHZ3Z3B4eVZpYUJQTVwvZ1Z6K2hnbzZ5b0ZZZWJPY01QNlJXN0JqQ2tYMFM3VGpUb0t0ZE8zZ1hZdlJZNDhNbWpJbFYzN2Zpb1laWEViWWR4MkowR2RhYjNyWEgifQ%3D%3D
Aug 07 2017

EHR and practice management software vendor Allscripts is buying McKesson's hospital enterprise software businesses for $185 million.

http://www.modernhealthcare.com/article/20170803/NEWS/170809949?utm_source=modernhealthcare&utm_medium=email&utm_content=20170803-NEWS-170809949&utm_campaign=am
Aug 03 2017

Lots of CRO deals lately.  Now Evotec, a Germany-based vendor focusing on pre-clinical development, is acquiring Aptuit, which provides similar services, for $300 million.

http://www.fiercebiotech.com/cro/evotec-to-fill-pre-ind-service-gap-300m-aptuit-buy?mkt_tok=eyJpIjoiWm1ObFlUQm1NalUxT1RrNCIsInQiOiJ6UENNRjVhazRoS2Yycjg2XC9ydEtXRmJRVDZQRzJMNEJ2UGdqQlwvYTBvS1JDWnpzZHFQRTN0TEZueXBFUlcyWFZqWDBcL3VsSXhiSWpZNWdnRVwvbW1LVk8yVFN0Tm5lN29CekJMdm5tdkhOUFdNRWU1XC9FamN1bnVhS3BEbWc3K0NCIn0%3D&mrkid=635530&utm_medium=nl&utm_source=internal
Aug 03 2017

Accuity Delivery Systems, a provider of revenue cycle management software, raised an undisclosed amount in a new investment round.

https://www.pehub.com/2017/08/mts-backs-accuity-delivery-systems/
Aug 03 2017

e-prescribing vendor EazyScripts gets an easy $2 million in new capital.

https://www.pehub.com/2017/08/eazyscripts-pulls-in-2-mln-series-a/
Aug 03 2017

Contract research firm Icon is buying Mapi, which provides data and analysis on the economic and other outcome benefits of drugs.

http://www.fiercebiotech.com/cro/icon-enhances-commercialization-arm-mapi-buy-reports-record-q2?mkt_tok=eyJpIjoiTldaaE5tUTBNREkxTURFMCIsInQiOiIrcHNGbUhXcUZTcjdGMmpwakxRRjdMZUU3QVVcL1RSRmlHcVo3Vm5UWjZyY2F2SDN3TXdXOTBpVmxsRVJNREl0TFFmQ1hhMHh5XC9lRzJEaFBiQ1NoTGw4Z3dJYjFBRmFXU0pCY2YzWlwvUFkxeFVRajdLRCtPRjRRbXcySlRUSzVHQyJ9&mrkid=635530&utm_medium=nl&utm_source=internal
Aug 02 2017

This is what happens when you don't have a fruit in your company name, you get sold.  Nursing home pharmacy chain Pharmerica is being bought by a PE firm for $1.4 billion.  No word yet on whether the name will be changed to Pharnana.

https://www.pehub.com/2017/08/kkr-to-buy-pharmerica-corp-for-1-4-bln/
Aug 02 2017

Must be a fruity day, as Limelight Health garners $7 million in new funding for its employee health benefits enrollment, etc. software.  What's next--a company named Apple?

http://www.prnewswire.com/news-releases/limelight-health-raises-7-million-to-expand-employee-benefits-quote-to-enrollment-platform-300497409.html
Aug 02 2017

In a nutty idea, chronic disease prevention firm Fruit Street has raised $8 million, mostly from physicians, which should be a tipoff to other investors (physicians are legendary for the investing acumen (not)).

http://www.prweb.com/releases/2017/07/prweb14542992.htm
Aug 01 2017

NextGen, an EHR vendor which is a unit of Quality Systems, is acquiring EagleDream Health for around $26 million.  EagleDream provides analytics to improve practice performance.

https://bridge.nextgen.com/media/4511/NextGen_Healthcare_Agrees_to_Acquire_EagleDream_Health_Inc.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

There are so many health care companies that people struggle to come up with names and we end with weird stuff like Grow Therapy, which nonetheless raised $150 million to...
March 4, 2026
There has been a lot of activity lately in the once-hot field of primary care clinics.  Companies going bankrupt, out-of-business, being bought, merging.  Humana, which is now solely a Medicare...
February 18, 2026
Mental health is a very hot health care investment area.  Talkiatry raised $210 million in new capital for its virtual mental health services which utilizes employed psychiatrists, psychologists and other...
February 13, 2026
Investors can take comfort in Solace Health, which provides “advocates” to members in health plans, as it raises a fresh $130 million in capital, which takes its alleged value over...
February 11, 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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