Morning Headlines 8/26/20
Warburg Pincus and Martis Capital Announce the Merger of Qualifacts and Credible Behavioral Health
The private equity owners of behavioral software vendors Qualifacts and Credible Behavioral Health will merge their respective companies, giving the merged organization a client base of 800 behavioral health agencies.
Lyra Health Closes $110M in Series D Funding
Lyra Health, which offers technology-powered mental health benefits for employers, raises $110 million in a Series D funding round, increasing its total to $290 million and valuing the company at $1.1 billion.
PatientPop Announces $50M in Series C Funding
Practice management software vendor PatientPop raises $50 million in a Series C funding round, increasing its total to $125 million.
CMS issues new emergency regulations that include requiring hospitals to report COVID-19 data daily to HHS or face possible termination of Medicare and Medicaid payments.
Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…