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Jun 27 2017

Don't work up a sweat about it, but Kenzen has raised $5 million for its wearable sweat sensing equipment.  Just use your nose, Dude.

https://internetofbusiness.com/wearable-kenzen-raises-5m/
Jun 27 2017

The federal government can't keep the NSA from being hacked, but let's fine health plan Anthem $115 million dollars, which consumers ultimately pay, for a data breach.

http://www.fiercehealthcare.com/privacy-security/anthem-agrees-to-115m-settlement-over-2015-data-breach?utm_medium=nl&utm_source=internal&mrkid=635530&mkt_tok=eyJpIjoiWTJJMllqZzNOMk5rTURVNCIsInQiOiJIcE5tZG05TUJLVDBjbWdLb0p5aExzUU5KNnh1VlZGTDJIV1EwQ0pEV3Awd0tSbkNIXC9jVW9RdGNuN21UYWxvSHJtVWVVNzdnVWZWMjdkMURITHJ1VVZNK1pLXC9oQVNzcEgyMmx0bjJuK1FFK2pZa1pHTGV2dXFaTjd5XC94Z0dnQyJ9
Jun 27 2017

Regroup Therapy, a provider of video-based mental health services, receives $6 million in fresh financing.

http://www.builtinchicago.org/2017/06/15/regroup-therapy-raises-6m
Jun 27 2017

MyHealthTeams has attracted a fresh $7.3 million in capital for its thinly-veiled drug marketing services.

http://medcitynews.com/2017/06/myhealthteams-raises-7-3m-give-fuller-picture-patient-experience-pharma-sector/
Jun 26 2017

Healthbuds, which helps connect patients and medical services, has received a seed investment.

https://www.startupwine.com/healthbuds-health-tech-startup-amounts-seed-investments/
Jun 26 2017

Large health IT vendor Cognizant is acquiring TMG Health, a subsidiary of HCSC, which provides administrative services for Medicare and Medicaid health plans.

http://investors.cognizant.com/2017-06-13-Cognizant-and-Health-Care-Service-Corporation-HCSC-Expand-Strategic-Relationship-Cognizant-to-Purchase-HCSC-Subsidiary-TMG-Health-and-Enter-into-Multi-Year-Services-Agreement
Jun 26 2017

Genome Medical, which plans to offer inexpensive genetic counseling sessions, has raised $12 million in capital.

http://www.cnbc.com/2017/05/23/genome-medical-training-experts-to-interpret-genome-sequencing.html
Jun 23 2017

Nuvolo, which tracks performance of equipment in hospitals, has raised a new $10 million in funding.

http://medcitynews.com/2017/06/heres-not-sexy-cloud-startup-just-raised-10m-ge-nea/?_hsenc=p2ANqtz-8YeVIjsY3xBoAwN8rqKh8zh0sPmuGeWZilfh-R31V50u9swOcWkrMWHuzsjK-px3B830zaM5nk8coruWtxZpnBl30DWSQEE-aWlXoZ8CAgZHk5cB0&_hsmi=53492619&rf=1
Jun 22 2017

Another public CRO bites the dust, as Parexel agrees to be acquired by a PE firm for around $5 billion.

http://www.fiercebiotech.com/cro/parexel-to-go-private-5b-pamplona-capital-buyout-deal?mkt_tok=eyJpIjoiTURRek56SmpOMk0zTm1aaSIsInQiOiJCWjJrUXlQSUJLTEtwSzI4QVNjOEI2aTQrNFBwdEVmNU9WQ0lQdTRYd0lDSUcyRkpSNzg5NDA1eVZ3TXZnaDhqNnFrXC9LeVZQWXEwWlFuTHhMXC9BWGhsQ2Q5RE9uOWs5YjNBSVwvcHEwdEU3d3dFRVYrb1BBRzU3ZWR6bkMrWDJUMiJ9&mrkid=635530&utm_medium=nl&utm_source=internal
Jun 22 2017

Post-acute care provider TwelveStone Health Partners gets a weight off its chest, finding $3.35 million in new funding.

https://www.pehub.com/2017/06/twelvestone-health-partners-pulls-in-3-35-mln/
Jun 22 2017

CirrusMd has its head in the clouds after closing on $7 million in new capital for its text-based telemedicine service.

http://www.businesswire.com/news/home/20170620005678/en/CirrusMD-Closes-7-Million-Series-Funding
Jun 20 2017

Struggling telemedicine firm Teladoc is spending $440 million to acquire BestDoctors, which rates and connects patients to physician resources.

https://www.forbes.com/sites/brucejapsen/2017/06/19/teladoc-to-spend-440m-on-telehealth-consultation-firm-best-doctors/#1fb9a5687b7d
Jun 19 2017

If you are a startup and you want to succeed, pick a market niche that no one else is in, say a wearable device that provides health information monitoring.  No one else is doing that, are they??  Spry Health lands a healthy $5.5 million for its version of such a wearable.

http://hitconsultant.net/2017/06/15/spry-health-series-a-round/
Jun 15 2017

Please, make it stop.  Xealht raises $8.5 million in funding to help doctors send electronic copies of health education material to patients and track their use of the materials.

http://www.seattletimes.com/business/technology/seattle-health-care-tech-startup-xealth-raises-85-million/?utm_campaign=KHN%3A%20Daily%20Health%20Policy%20Report&utm_source=hs_email&utm_medium=email&utm_content=53112009&_hsenc=p2ANqtz--xb0bQm1KAIEhekJ94Uba10Sb22eKDsRpgwypul1X_3DlXeDDX66GY1y-LhOIJUoeobEfBuikXRkU0ccjilAXTXWv6lV80g7qQyg9filup0607sPI&_hsmi=53112009
Jun 15 2017

You haven't fingered the pulse of the market if you aren't calling yourself a digital health company, like Peerfit, which raised $2.3 million to help arrange "boutique" fitness classes for health plan members and others.  Someone will pay for this?

https://pulse.peerfit.com/digital-health-startup-peerfit-closes-2-3m-investment-round/
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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

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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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