PointClickCare is foregoing a public offering, instead raising $85 million in private capital to expand its long-term care and assisted living software business.
According to a study in a Swiss hospital, resident physicians spent almost three times as much time on the computer as seeing patients, or about half their total work time.
A new paper at the National Bureau of Economic Research suggests that the US health system is "uniquely inefficient" based on a study of the diffusion of use of low-value drugs here in comparison to four other developed countries.
http://www.nber.org/papers/w23068.pdf
Jan312017
Auxilio, which offers document workflow and security services for the health care industry, is acquiring CynergisTek, a provider of health care cybersecurity and privacy solutions. Undoubtedly a "cynergistek" acquistion.
Proactive MD, which operates workplace health centers, is acquiring Verimoov, which has a patient engagement software set. Now you can get a Very Active workplace or a ProMoov.
DirectPath, which offers employee health engagement services, has taken a new road, acquiring Patient Care, a patient advocacy and transparency company.
Bolder HealthCare, a seller of revenue cycle management software, gets some backbone and boldly acquires Business Dynamics which specializes in spine care coding and reimbursement.
Merck has released showing that it had a net 5.5% unit price increase across all its drugs in 2016. It is acting like it is some kind of a hero for its transparency. This is disgraceful, that increase in far above general inflation and personal income growth. It also makes no sense, because Merck's costs for the drug are undoubtedly going down. So should prices. The drug companies are inevitably going to get what they deserve for avaricious behavior.
I wouldn't normally mention this one, but too good to pass up, Asian hospital search app develop B-Bros raises a fresh 9 billion won (I think that is 37 cents after currency translation, no, its really around $7 million) for its app called "Ddocdoc". Iii Lovelovelove Ititit.
Jellyvision shakes it up, acquiring claims submission automation platform FlexMinder to add to its employee communication services. New company to be named JellyMinder.
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.