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Apr 17 2017

Okay, its getting weird out there, or maybe wired.  Palarum secures $3.4 million to develop products with a fabric that will monitor and report patients' movements.  Its an IoT play.  ooooohhhhh

https://www.newswire.com/news/new-healthcare-iot-company-focused-on-patient-safety-secures-3-4m-in-19186956
Apr 15 2017

Medicare's policy of not paying for certain hospital-acquired conditions produces the greatest reductions in these events in hospitals that have the greatest proportion of Medicare revenue to total revenue, according to research in Medical Care.

http://journals.lww.com/lww-medicalcare/Abstract/2017/05000/Impact_of_Medicare_s_Nonpayment_Program_on.1.aspx
Apr 14 2017

Health care system interoperability software vendor Sansoro Health raises $5.2 million in new capital.

http://medcitynews.com/2017/04/sansoro-health-series-a-interoperabiliy/?utm_source=hs_email&utm_medium=email&utm_content=50674858&_hsenc=p2ANqtz-94XwVyshPd6Qv230avLDT0XNTi1V3KO69LoV4UNZH75cAvQoJtud4ZmT-ThdHCDv7US2ua-Av4FRVS_kbpQ0B4keDQlMn0DWrqJeegQlf81Kf4gG4&_hsmi=50674858&rf=1
Apr 14 2017

Hospital readmissions are lower when informal caregivers are integrated into discharge planning activities, according to a meta-analysis in the Journal of the American Geriatrics Society.

http://onlinelibrary.wiley.com/doi/10.1111/jgs.14873/full
Apr 13 2017

2017 MedPAC Report to Congress

http://www.medpac.gov/docs/default-source/reports/mar17_entirereport.pdf?sfvrsn=0
Apr 13 2017

Quality Systems, a vendor of EHR and other health care software, through its NextGen subsidiary, is acquiring Entrada Systems for $34 million, kind of astounding since Entrada has revenue of $12 million and a loss of $2 million.  Entrada has a mobile app that allows patients to access EHR and other provider systems.

https://bridge.nextgen.com/media/4493/PRESS_RELEASE-NextGen_Healthcare_Announces_Plans_to_Acquire_Entrada.pdf
Apr 13 2017

Blink Health quickly garners $90 million in fresh funding to support its software that allows patients to order generic medications online and pick them up locally.  Investors hope their capital doesn't disappear in a Blink.

http://medcitynews.com/2017/04/blink-health-raises-90m-boost-prescription-drug-price-transparency/?utm_source=hs_email&utm_medium=email&utm_content=50589075&_hsenc=p2ANqtz--M4-TnzEznXp-PUeidV_i2rYy5-typ50oZ9BGgr_FYvxUGverrM1JykO8fcAwXF00TZLRJSk8Je1QZAZVZdsjLw6LCx7ARjgsHOeHjGka3aKzwC5o&_hsmi=50589075&rf=1
Apr 13 2017

ClearDATA hasRAISED $12MILLION inNEW financingFOR its healthCARE cloudAND securitySERVICES.

https://www.pehub.com/2017/04/cleardata-raises-12-mln/
Apr 07 2017

Drchrono receives $12 million in funding for its EHR, practice management and revenue cycle management software.

https://www.pehub.com/2017/04/drchrono-scores-12-mln-series-a/
Apr 07 2017

Vera Whole Health, which operates primary care clinics at websites, has raised $24 million in a Series D round.

https://www.pehub.com/2017/04/worksite-primary-care-provider-vera-whole-health-pulls-in-24-mln/
Apr 06 2017

UnitedHealth has sold its Connextion unit to customer service communications vendor TeleTech for $80 million, which seems like it must be a less than UnitedHealth paid for the unit, so either they are keeping some of the business or other payers weren't that interested in buying or continuing to use Connextion's services when it was owned by UnitedHealth.

http://www.prnewswire.com/news-releases/teletech-acquires-leading-health-services-company-connextions-inc-300434523.html
Apr 06 2017

Patient engagement (let's see, where have I heard that phrase before) firm Global Behavioral Solutions, picks off a rival, literally, acquiring Rival Health, which has a platform to help patients manage wellness.

global behavioral solutions rival health
Apr 06 2017

MindBody, which has scheduling and management software for gyms and workout studios, has acquired Lymbar Wellness, which helps such facilities with pricing.

http://www.sdbj.com/news/2017/mar/28/mindbody-acquires-fitness-app-startup-lymber-welln/
Apr 05 2017

Health insurance "navigation" firm Wealthie gets a little richer, raising a fresh $5 million in funding.

http://medcitynews.com/2017/04/insurance-navigator-wellthie-raises-5m/?utm_source=hs_email&utm_medium=email&utm_content=49966723&_hsenc=p2ANqtz--JPkj5rmkvFMXwOuqJxWs9ucEewlFtuJ-ozwb-A95yAblX4mSzW0iMKLqxb3jKz22-tosoBw2Nm307xflOWTUDHbq28k4Hl8fL9SnkKqoMC1XOygM&_hsmi=49966723&rf=1
Apr 04 2017

2018 Final Medicare Advantage Call Letter

https://www.cms.gov/Medicare/Health-Plans/MedicareAdvtgSpecRateStats/Downloads/Announcement2018.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

InStride Health hit the ground running, well maybe walking, as it raised $30 million in additional capital for its pediatric mental health business.  Children’s mental health would be just fine...
June 17, 2026
GoHealth is another of those excessively valued health startups that was always destined to flounder and not it has filed bankruptcy and the company will be turned over to lenders....
June 8, 2026
Garner Health isn’t gathering any accolades from me, as it raises a new round of $100 million in capital at about a $2.5 billion valuation.   The company supposedly steers...
June 2, 2026
IKS Health, a British company with a US subsidiary that offers “care enablement” and mentions AI, of course,  is buying TruBridge for $557 million.  TruBridge offers revenue cycle management and...
April 30, 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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