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.
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?
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)).
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.
Research published in JAMA Cardiology found minimal differences in medication use or adherence for Medicare heart disease patients in ACOs compared to those not in ACOs.
A PE firm has made a substantial investment in home health care franchisor ComforCare. (Is that supposed to be Comfort Care? Come for Care? Come for Comfort Care? We care if you're comfortable? We make a comfortable profit on your Care?)
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. 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.
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. 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.