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Health

Providing perspective and contextual insights on the monetary aspects of the Healthcare market within the state of Utah, from medical providers to insurance and from nutraceuticals to medical devices.

BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal

BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal

As one of the largest "Revenue-Cycle-Management" players in the healthcare industry, Murray, Utah-based R1 RCM has been in acquisition talks with various private equity and investment entities since January 2022. However, in the latest twist to this ongoing saga, New York City-based New Mountain Capital has notified R1

BREAKING NEWS: Salt Lake City-based Recursion Pharmaceuticals Announces a $200 Million Public Offering

BREAKING NEWS: Salt Lake City-based Recursion Pharmaceuticals Announces a $200 Million Public Offering

Salt Lake City, Utah-based Recursion Pharmaceuticals (NASDAQ:RXRX) announced last Wednesday, 26 June 2024, that it plans to raise $200 million in a secondary public offering. According to its news release, Recursion "... intends to offer and sell $200 million of shares of its Class A common stock in an

Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering

Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering

Self-described as a "pain management clinic and healthcare data company," KindlyMD "... is also one of the largest providers of medical evaluation and management services related to treatment recommendations within (Utah's) medical cannabis program ..." Five-year-old KindlyMD "... offers direct health care to patients integrating prescription

Utah's Top 15 Monetary, Financial and Business News Nuggets from the First Half of June 2024 that You Might have Missed

Utah's Top 15 Monetary, Financial and Business News Nuggets from the First Half of June 2024 that You Might have Missed

In this writeup, you'll find info about 18 Utah-based firms and nine separate Utah-based executives.

BREAKING NEWS: Provo, Utah-based Canary Speech Closes $13 Million Round of Series A Funding to Help Advance its AI-based Early Detection of Mental and Emotional Health Challenges

BREAKING NEWS: Provo, Utah-based Canary Speech Closes $13 Million Round of Series A Funding to Help Advance its AI-based Early Detection of Mental and Emotional Health Challenges

As someone who watched the horrific progression of Alzheimer's Disease as it stripped away the mental and emotional essence of my mother over a six-year journey, I was pleased to see the announcement this morning that Canary Speech has landed a $13 million round of Series A funding.

The Puzzling Tale of a $15.675 Million Reg D 506 Offering Designed to Create a "Wasatch Back" Addiction Treatment Business ... I Think.

The Puzzling Tale of a $15.675 Million Reg D 506 Offering Designed to Create a "Wasatch Back" Addiction Treatment Business ... I Think.

AUTHOR'S NOTE Before diving into this story, a bit of contextual flavor may be helpful for anyone who doesn't know me or my professional background. During my career, I have primarily worked with (or for) hundreds of firms, of all sizes, across multiple industries typically trying

Top 12 Financial and Business News Nuggets from the Second Half of May 2024 that You Might have Missed

Top 12 Financial and Business News Nuggets from the Second Half of May 2024 that You Might have Missed

{NOTE: This writeup includes news about 12 Utah-based firms and five executives.}