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Morning Headlines 10/5/23

October 4, 2023 Headlines No Comments

Athelas + Commure: Merging to Create a $6B Healthcare Infrastructure Company

Remote patient monitoring and RCM vendor Athelas acquires Commure, parent company of PatientKeeper, and announces an undisclosed amount of funding from General Catalyst.

ProHealth Care and Optum Launch Strategic Relationship to Enhance the Health Care Experience for ProHealth Patients

Optum will take over the RCM, IT, informatics, analytics, and inpatient care management operations of ProHealth Care in Wisconsin.

Cortica Closes $40 Million Series D Extension Led by CVS Health Ventures, LRVHealth, and Other Strategic Investors, Bringing Round Total to $115 Million

Tech-enabled autism and neurodivergent care company Cortica raises $115 million in an extended Series D funding round led by CVS Health Ventures.

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  1. Honestly, I autocorrected "62 Ventures" as "62 Vultures", and I considered posting snark about same! Is that on me? Is…

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  4. Re: Tullman/62 Ventures Given his track record for acquiring companies, bungling day-to-day operations and then somehow selling to an unwitting…

  5. Was not the struggle of Teladoc foreseeable with the acquisition of Livongo?

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