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Dec 02 2016

Grokker apparently understands funders well, getting $22.5 million for its wellness business.

https://www.pehub.com/2016/12/wellness-startup-grokker-racks-up-22-5-mln-series-b/
Dec 02 2016

Fruit Street (really, that is the name you seriously want for your business?), has gone bananas and its fundraising efforts have borne fruit, garnering $4 million to support its telehealth software for providers products.  Hopefully the investors aren't a bunch of fruitcakes.

https://www.pehub.com/2016/12/telehealth-software-provider-fruit-street-expands-series-a-round-to-4-mln/
Dec 02 2016

Encounter Telehealth, a telepsychiatry firm, is raising $1 million.

http://medcitynews.com/2016/12/telepsychiatry-startup-geared-people-severe-mental-illness-raises-1m-round/?utm_source=hs_email&utm_medium=email&utm_content=38594656&_hsenc=p2ANqtz-_tRJsL8J38vaxJyJJUPNpclqF-oQDmLkKmA368Vxbqy7FgzR6tmoK7KQhA-ml6cVcvTRMGhhffK5y-fd5x0OY_c7_5HWlphG-P6KKmv0zbc9lr9ok&_hsmi=38594656
Dec 01 2016

Individual exchange enrollment vendor GetInsured is getting Array Health, which offers exchange technology for employers.

http://www.prnewswire.com/news-releases/getinsured-acquires-array-health-to-form-industry-leading-health-insurance-ecommerce-technology-company-300370199.html
Nov 29 2016

According to an Annals of Emergency Medicine article, retail clinic locations do not appear to reduce nearby ER use for low-acuity problems, but that may be because of open-hours or other factors.

https://www.ncbi.nlm.nih.gov/pubmed/?term=Association+Between+the+Opening+of+Retail+Clinics+and+Low-Acuity+Emergency+Department+Visits
Nov 28 2016

Health management company Magellan is buying PBM Veridicus Holdings, which focuses on the employer market.

http://ir.magellanhealth.com/releasedetail.cfm?ReleaseID=1000490
Nov 28 2016

Like to walk around wearing an airbag?  ActiveProtective has garnered $2.6 million for a belt for seniors that has a sensor that deploys an airbag if the person falls.

http://medcitynews.com/2016/11/healthcare-entrepreneur-raises-2-6m-smart-belt-deploy-airbag-defense-hip-fractures/?utm_source=hs_email&utm_medium=email&utm_content=38121445&_hsenc=p2ANqtz-8qQetTq2E2A0zIJH3kGnBGGlOZcxWM36MHirqEcsrTIsujma4a8hAnlbwekp8rkvRlzy_wf72K0lfcxx8jzX1T8DnBrNY7i-PQlCmCqlzdLzDq6jM&_hsmi=38121445&rf=1
Nov 23 2016

Seniorlink attracts $7.5 million in fresh funding for its platform that links family and informal caregivers with health care professionals and provides support for those caregivers.

https://www.pehub.com/2016/10/newspring-provides-7-5-mln-to-seniorlink/
Nov 23 2016

Kindly care gets a generous and thoughtful $3.1 million in capital to support a service matching caregivers with patients.

http://www.bizjournals.com/nashville/news/2016/10/12/nashville-health-tech-startup-lands-16-5-million.html
Nov 23 2016

Pain management firm Axial Healthcare relieves investors of $16 million in a new funding round.

http://www.bizjournals.com/nashville/news/2016/10/12/nashville-health-tech-startup-lands-16-5-million.html
Nov 23 2016

Kayentis has garnered 3.6 million Euros to support its tool to collect patient outcomes data for clinical trials.

https://kayentis.com/kayentis-closes-3-6-me-growth-financing-round/
Nov 22 2016

Peerfit is peerless for a few investors, raising a modest $400,000 for its employer fitness benefits platform.

https://www.pehub.com/2016/11/employee-health-benefits-platform-peerfit-scores-400k/
Nov 22 2016

Investors see the future clearly and invest a whopping $1 million in Third Eye Health, which has a telestroke offering.

http://medcitynews.com/2016/11/third-eye-health-raises-1m/?utm_source=hs_email&utm_medium=email&utm_content=38033293&_hsenc=p2ANqtz-_k_KqT8a6iEbbugBwK8SAQLqgl7ufB_YISGFdFZ3OpBWnQvYEiG3uicB2c2MJ8HJHaCuhlaqwA8DhyXAt0l2SaQhAsr2h7oD6x0H7q4RvW9D8M4Ok&_hsmi=38033293
Nov 22 2016

Science 37 has raised $6.5 million to put random numbers in company names; no, its for a mobile platform to facilitate conducting clinical trials in a patient's home.

http://www.mobihealthnews.com/47756/science-37-raises-6-5-million-for-mobile-remote-clinical-trial-platform
Nov 22 2016

Trendshift, which provides general decision analytics software, is joining the trend and shifting to health care by acquiring Health Data Intelligence, which sells, ooohhh, this is new, a population health management software platform.

http://www.businesswire.com/news/home/20161019005274/en/TrendShift-Acquires-Health-Data-Intelligence
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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

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
Innovacer, which basically collects data on a patient from multiple sources and aggregates it, raised an astounding $275 million in new capital, supposedly at a valuation of almost $3.5 billion....
April 22, 2026
A company called Whoop raised a ridiculous $575 million in new capital at a supposed $10 billion valuation.  The press release was released on April 1, so I would like...
April 5, 2026
Big deals continue in health care financings.  eMed, which manages weight loss medications for employers, raises a hefty $200 million, giving it a valuation of $2 billion, which seems crazy....
March 31, 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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