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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Digital Health | News, Analysis, Insights - HIT Consultant
How Virtual Reality Can Improve Patient Experience in Healthcare
Editor’s Note: This post is sponsored by Samsung. The global market for Virtual Reality (VR) in healthcare is projected to reach $3.8 billion by 2020 driven by technology advancements in healthcare IT, which would undoubtedly expand its use into more diverse applications and medical disciplines while also increasing the demand for rehabilitation and simulation VR-training in hospitals and clinics. VR technology continues to gain ground and visibility as a potential diagnostic tool in the form
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Mount Sinai Launches Mobile App to Allow Patients Access to Medical Records
LifeMap Solutions--a subsidiary of BioTime and Mount Sinai today announced the launch of MountSinaiNY, the first patient-facing app designed to serve all patients within the Mount Sinai Health System. The app’s initial capabilities allow patients to access their medical records and manage their healthcare experience from their phones. Building on the expertise from collaborations with Mount Sinai, Stanford, and Apple, the launch of Mount Sinai NY demonstrates LifeMap’s commitment to bringing
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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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Behavioral Telehealth Startup AbilTo Taps Rob Rebak as New CEO
AbilTo, a provider of behavioral telehealth programs proven to improve patient outcomes and lower healthcare costs has appointed Rob Rebak as its new Chief Executive Officer. In his new role as CEO, Mr. Rebak will be responsible for shaping the vision and strategy of AbilTo going forward, as well as for building upon the company's history of clinical innovation and strong performance.Rob Rebak Background/ExperienceA 25-year healthcare industry veteran, Rebak brings a broad range of strategic and
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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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Cedars-Sinai Unveils Therapeutic Virtual Reality to Enhance Patient Experience
AppliedVR, a developer of scalable therapeutic virtual reality (VR) content has announced a partnership with Los Angeles-based Cedars-Sinai Medical Center to implement its VR technology in the medical center’s department of Surgery and Orthopaedic Center.Cedars-Sinai Medical Center is among the first hospitals to utilize scalable VR technology. After investing in AppliedVR via the TechStars healthcare accelerator, Cedars-Sinai is currently implementing AppliedVR pilots across several
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NIH Awards $2.3M Grant to Develop Disease Diagnosis App, FeverPhone
The National Institutes of Health’s (NIH) National Institute of Biomedical Imaging and Bioengineering has awarded to Cornell a four-year, $2.3 million four-year grant to develop FeverPhone, an portable disease diagnosis kit. Once developed, the FeverPhone will provide real-time, rapid and accurate diagnosis using a drop of blood to differentiate and identify specific pathogens for six febrile diseases in the field: dengue, malaria, chikungunya, typhoid fever, leptospirosis and Chagas’
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