Diameter
Health, a Farmington, CT-based provider of clinical data integration
solutions has raised $9.6 million in Series A funding led by Optum Ventures. Optum
Ventures joins existing Diameter Health investors Activate Venture Partners, Connecticut Innovations, Excelerate Health Ventures and LRV Health.
Brining Order to Complex Clinical Data
Founded in 2013 by former Allscripts
executives Eric Rosow and John D'Amore, Diameter Health’s scalable clinical
data
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Optum
2018 Healthcare M&A in Review: 4 Trends Reshaping the Healthcare Landscape
The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers (defined as the smaller of two organizations in a transaction) reached $409 million, according to Kaufman Hall's new report, 2018 M&A in Review: A New Healthcare Landscape Takes Shape. This is the highest figure seen since Kaufman Hall began tracking this metric in 2008. It also represents a compound annual growth rate (CAGR) of almost 14 percent in the average
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UnitedHealth’s Optum to Acquire DaVita Medical Group for $4.9B in Cash
UnitedHealth’s Optum has agreed to acquire DaVita Medical Group, one of the nation’s leading independent medical groups and a subsidiary of DaVita Inc. Under terms of the acquisition, Optum will acquire DaVita Medical Group for approximiately $4.9 billion in cash and is expected to close in 2018. DaVita plans to use the proceeds from the acquisition for significant stock repurchases over the next one to two years following the closing of the transaction, as well as to repay debt and for general
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Optum to Acquire The Advisory Board Company’s Healthcare Business for $1.3B
United Health Group’s healthcare consulting and services unit, Optum has agreed to acquire The Advisory Board Company’s healthcare business for $1.3 billion, including the assumption of The Advisory Board Company’s debt. Based in Washington D.C., Advisory Board is a strategic healthcare advisory services firm that uses a combination of research, technology and consulting to improve the performance of more than 4,400 healthcare organizations.For Optum, the acquisition of the Advisory Board
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OurCrowd Launches Israel’s First $50M Digital Health Fund
OurCrowd, an Jerusalem-based global equity crowdfunding platform for accredited investors has launched Israel's first $50 million fund to invest in digital health startups. The new fund called OurCrowd Qure will focus on digital health startups at seed and series A stages in Israel, the US and the Asia Pacific region. Allen Kamer and Dr. Yossi Bahagon has been appointed to lead the fund.OurCrowd Qure has established a collaboration with Johns Hopkins University to provide validation of value,
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Optum, Medecision, TriZetto Launch Solution for State’s Medicaid Management Information Systems
Optum is teaming with Medecision and TriZetto to launch a first-to-market services-based offering for states’ Medicaid Management Information Systems (MMIS), the critical IT foundation of the public health program for low-income people. The new solution will enable states to purchase only the information technology and clinical services they need, and avoid costly, time-consuming inflexible systems. The new Optum Medicaid Management Services (OMMS) solution is a Software-as-a-Service (SaaS) and
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Healthcare Analytics Market to Reach $18.7B by 2020
The global healthcare analytics market is expected to reach $18.7 Billion by 2020 from $5.8 Billion in 2015, according to a new market research report by MarketsandMarkets. Among end users, the healthcare providers segment is expected to grow at the highest CAGR during this forecast period. The demand in this market is highly driven by federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced
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