Teladoc has signed an agreement to acquire HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization for $125 in a mix of cash and stock. Under terms of the acquisition, HealthiestYou purchase price consists of $45 million cash and 6.96 shares of Teladoc common stock worth $80 million. Teladoc expects the acquisition of HealthiestYou to close on July 1.Available to individuals and employers, HealthiestYou can be incorporated into any employee benefit
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MediPortal Joins NATE to Broaden Patient Ownership of Medical Records
MediPortal, a patient centric, untethered PHR exchange system that provides a secure aggregated view of health and fitness data, enabling patients, providers and payors to securely communicate, view and share information that will lead to healthier outcomes has joined the National Association for Trusted Exchange (NATE). The National Association for Trusted Exchange (NATE) is a not-for-profit membership association focused on enabling trusted exchange among organizations and individuals with
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Deloitte Launches Cloud-Based Analytics App for Patient Outcomes
Following the tragic death of one patient and hospitalization of five others in a French clinical study earlier this year, the call for improved patient safety both before and after market approval of drugs and other medical interventions has become a global conversation. Just last month, France’s investigative body determined the clinical research organization and drugmaker were at fault for various lapses throughout the clinical trial.To help solve this, Deloitte has unveil a new cloud-based
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McKesson, Change Healthcare Form New Health IT Entity: 5 Things to Know
McKesson Corporation and Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services have teamed up to create a new healthcare IT company. The combined company includes all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) totaling $3.4 billion in revenue. By creating a new health IT company focused on healthcare IT and services, the merger is expected to generate in excess of $150 million in annual synergies by
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Medtronic To Acquire Heartware for $1.1B: 9 Things to Know
On Monday, medical device maker Medtronic entered a definitive agreement to acquire HeartWare International Inc. an innovator of less-invasive, miniaturized circulatory support technologies for the treatment of advanced heart failure for $1.1 billion. The acquisition is expected to close during Medtronic's second fiscal quarter ending Oct. 28, 2016. Here are 9 things to know about the acquisition: 1. As part of the agreement, Medtronic will pay $58 for each Heartware share outstanding, which
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Cedars-Sinai, HomeHero Launch Safe Transition Home Program
Cedars-Sinai has teamed up HomeHero, a Santa Monica-based non-medical home care provider to launch the Safe Transition Home program that provides safe rides and transitions for patients between the hospital and the home. The program is funded through a combination of private clients and Cedars-Sinai.Program BenefitsThe goal of the program is designed to reduce inpatient readmissions, raising patient satisfaction and improving health outcomes — challenges facing hospitals nationwide. Other key
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Mayo Clinic Makes Strategic Investment in Transplant Genomics
Transplant Genomics has announced a collaboration with the Mayo Clinic to develop, validate, and commercialize diagnostic tests enabling personalized immunosuppression for solid organ transplant recipients. As part of the multiyear collaboration, Mayo Clinic will make an investment in Transplant Genomics for an undisclosed amount. Additionally, both companies with work together on co-development of new tests and technologies for additional targets, including exploratory studies in heart and
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Mayo Clinic, GE Set to Unveil Innovative Compact MRI Scanner
On June 28th, Mayo Clinic will unveil a new first of its kind compact 3T magnetic resonance imaging (MRI) scanner developed in collaboration with General Electric's (GE) Global Research Center. The investigational, research device was developed under a National Institutes of Health Bioengineering Research Partnership between GE Global Research and the Mayo Clinic.Compact 3T MRI Scanner OverviewThe new MRI scanner is designed specifically to perform head scans, as well as small extremities, such
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Telehealth Provider American Well Appoints Freshman as New CTO
Telehealth provider American Well has appointed longtime executive team member and engineering lead Jon Freshman to become the Company's Chief Technology Officer (CTO). In his new role as CTO, Jon will oversee the three arms of American Well's technology creation – research and development (R&D), technical services, and quality assurance – and will help steer the company's telehealth technology innovation and strategy. Jon reports directly to CEO Dr. Roy Schoenberg. He previously served as
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Iggbo Nabs $13M to Scale On-Demand Blood Draw Service
Iggbo, a digital health startup focused on bringing personalized medicine to more people through on-demand blood draws and medical testing has raised $13M in Series A funding led by Heritage Group. Founded by Dr. Shaiv Kapadia, Nuno Valentine, and Mark Van Roekel, Iggbo is currently operating in over 120 cities with a workforce of over 8,000 blood draw professionals. The company plans to utilize the funding to offer on-demand blood collection services to diagnostic laboratories, health systems,
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