The U.S. Supreme Court has issued its King v. Burwell (pdf) decision regarding the validity of premium assistance issued by federally run insurance marketplaces.
In a 6-3 ruling, the Supreme Court upheld subsidies for the millions of people who have … Continue Reading
A recent flurry of activity in the health insurance industry would seem to indicate that investors can expect significant consolidation in the managed care sector.
As The Health Care M&A Information Source reports, it began in May, with Humana … Continue Reading
A new column from Becker’s Hospital Review identifies 50 things to know about healthcare costs.
Topics covered include the rise in spending; cost of hospital services; spending on drugs and services; and growing out-of-pocket costs.
These are interesting facts for … Continue Reading
The role of retail clinics in health care has been steadily and rapidly expanding in recent years, and private equity funds are taking note. The private equity community has actively invested in this arena with some regularity in the past … Continue Reading
Shockwave Medical has announced it has secured $40 million in funding.
Shockwave Medical, based in Fremont, Calif., develops technology for the treatment of peripheral and coronary vascular disease and aortic stenosis. It is the developer of Lithoplasty balloon catheters.… Continue Reading
Below is a link to view the latest entry from the monthly Law360 that we publish relating to healthcare private equity investments. This column was written by Geoff C. Cockrell and Amber McGraw Walsh, McGuireWoods LLP, together with Hunter Atkins … Continue Reading
Moximed has announced it has secured approximately $33 million in funding.
Moximed, based in Hayward, Calif., is focused on developing minimally invasive, joint preserving solutions for patients with knee osteoarthritis.
The funding round included new investor Vertex Venture Holdings… Continue Reading
Rapid Micro Biosystems has announced it has secured $25 million in series C funding.
Rapid Micro Biosystems, based in Lowell, Mass., develops imaging technology that detects microbial contamination in the manufacture of pharmaceutical, biotechnology and other products
The financing … Continue Reading
Spirox has announced it has secured $18.5 million in series B funding.
Spirox, based in Menlo Park, Calif., develops minimally invasive technologies to treat nasal obstruction.
The financing round was led by Venrock and Aisling Capital. Existing investors Aperture … Continue Reading
New Enterprise Associates (NEA) has announced it has closed its fifteenth fund — New Enterprise Associates 15 LP — with $2.8 billion in committed capital.
An additional $350 million is committed for NEA 15 Opportunity Fund, a co-investment fund.
NEA… Continue Reading
Health Diagnostics Laboratory (HDL) of Richmond, Va., has agreed to pay $47 million to resolve allegations it violated the False Claims Act by compensating physicians for ordering tests, according to a U.S. Department of Justice news release.
Laboratory Singulex … Continue Reading
Livongo Health has announced it has secured $20 million in series B funding.
Livongo, with offices in Chicago and Mountain View, Calif., is a developer of chronic disease management tools, including a cloud-enabled glucose meter.
Participating investors included Kleiner Perkins … Continue Reading
Lux Capital has announced it has closed a new $350 million fund that will invest in early-stage science and technology ventures.
Lux Capital, with offices in New York and Menlo Park, Calif., invests in counter-conventional, seed and early stage … Continue Reading
Tenet Healthcare Corp. has announced it has signed a definitive agreement with United Surgical Partners International (USPI) to combine their short-stay surgery and imaging center assets into a new joint venture.
Tenet will initially own 50.1% of the joint venture, … Continue Reading
OrthoSensor has announced it has raised $19 million in a private placement of series C preferred stock.
OrthoSensor, based in Dania Beach, FL, is a developer of intelligent orthopedic devices and data services.
Participating in the financing round were … Continue Reading
Cardiac Dimensions has announced the completion of a $43 million round of equity financing.
Cardiac Dimensions, based in Kirkland, Wash., develops minimally invasive treatment modalities to address heart failure and related cardiovascular conditions.
The funding round included investments from … Continue Reading
Daktari Diagnostics has announced it has closed a $15.5 million series D round of funding.
Daktari, headquartered in Cambridge, Mass., is a developer of portable diagnostic products.
The funding round was led by new investors Eastern Capital Limited and … Continue Reading
Below is a link to view the latest entry from the monthly Law360 that we publish relating to healthcare private equity investments. This column was written by Geoff C. Cockrell, Amber McGraw Walsh and Richard S. Grant, McGuireWoods LLP.
We … Continue Reading
Most investors have likely heard about the King v. Burwell case, which addresses whether language in the Affordable Care Act allows the government to provide healthcare insurance subsidies to people across the country or only in those states with their … Continue Reading
BDO Consulting has published an interesting infographic we think healthcare investors may be interested in.
The infographic focuses on “navigating e-discovery in the healthcare datasphere.” It provides four questions providers (as well as legal counsel) should consider when preparing for … Continue Reading
Invuity has announced it has raised $20 million in equity.
Invuity, headquartered in San Francisco, is a surgical photonics company that develops devices to provide visualization of the surgical cavity. Clinical applications include breast and thyroid oncology, plastics, spine, … Continue Reading
Below is a link to view the latest entry from the monthly Law360 that we publish relating to healthcare private equity investments. This column was written by Geoff C. Cockrell, Amber McGraw Walsh and William T. Nash, McGuireWoods LLP.
Concierge … Continue Reading
An analysis by Accenture of the State Health Innovation Plans developed by 25 states found the top five projected investment areas of the states currently participating in the program.
Information like this can give investors valuable insights into areas of … Continue Reading
Investments by the federal government in medical research has declined in recent years, according to the results of a new study published in the Journal of the American Medical Association.
U.S. funding had increased 6% per year from 1994-2004, … Continue Reading