BOSTON (April 26, 2022)—Biofourmis, a provider of virtual care and digital medicine, today announced it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company’s next phase of growth. Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr.

WASHINGTON, D.C (April 19, 2022)—The Centers for Medicare & Medicaid Services (CMS) has issued a final rule with comment period that finalizes two remaining proposals from the original proposed rule that laid out policy and technical changes to the Medicare Advantage program, Medicare Part D, Medicaid and more. That proposed rule was originally issued in February 2020. 


MINNEAPOLIS, Minn. (April 6, 2022)—Nonin Medical announced the appointment of five new members to the company’s board of directors. The new directors bring a diverse and unique set of experiences, along with a passion for growth and innovation in the medical device and health care sectors. Together, they will provide Nonin with strategic guidance and support the company’s continued growth.

JACKSONVILLE, Fla. (April 6, 2022)—Forcura, a health care technology company that enables safer patient care transitions and coordination, announced it has appointed David Kerr as its new chief technology officer (CTO). Kerr, who previously served as Forcura’s vice president of engineering, will be responsible for leading Forcura’s technology vision, enhancing existing offerings and bringing new digital capabilities to life. 
 

HARTFORD, Conn. (April 5, 2022)—CareCentrix, an independent home-centered company that coordinates care to the home for health plans, patients and providers, announced a rebrand of the Turn-Key Health palliative care solution to Serious Illness Care at Home, which provides a population health approach to home-based serious illness care. Turn-Key began providing palliative services nationally in 2016 and was acquired by CareCentrix in 2020.



CHICAGO (March 31 2022)—The Vistria Group announced its investment in Professional Health Care Network (PHCN), a home health care management services company that partners with health plans and providers to increase the access and value of home-based clinical care. The transaction with PHCN represents the fifth investment from Vistria Fund IV, a $2.68 billion fund.

BOSTON (March 29, 2022)—Massachusetts Attorney General Maura Healey announced that home health agency Compassionate Homecare, Inc. has agreed to pay $6.53 million to MassHealth to resolve allegations that it billed MassHealth for services that were not authorized by a physician. In addition, up to $375,000 will be set aside for payment of unpaid wages for former Compassionate employees.

EDEN PRAIRIE, Minn. and LAFAYETTE, La. (March 29, 2022)—UnitedHealth Group has announced plans to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for about $5.4 billion cash value. The acquisition plan calls for LHC Group to combine with Optum Health, an information and technology-enabled health services business. The agreement calls for the acquisition of LHC Group’s outstanding common stock for $170 per share.