Internet Brands, a KKR portfolio company has agreed to acquire WebMD Health Corp. for approximately $2.8 billion in cash. The WebMD Health Network includes WebMD.com, Medscape.com, MedicineNet.com, eMedicineHealth.com, RxList.com, OnHealth.com, Medscape Education (Medscape.org) and other WebMD owned sites and apps.Here are five things to know about the deal:1. As part of the acquisition, Internet Brands will pay $66.50 per WebMD share to be paid in cash upon completion of the
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Digital Health | News, Analysis, Insights - HIT Consultant
Hinge Health Lands $8M for Digital Care Pathways for MSK Conditions
Digital health startup Hinge Health has raised $8 million in Series A funding led by European VC giant Atomico, with participation from existing seed investors, including Eleven Two Capital and the Vertical Group. The company plans to utilize the funding to expand its existing product offering, covering both chronic lower back and knee pain, to encompass new treatment programs for hip, shoulder, and neck pain. The expansion will position Hinge Health to offer an even greater range of
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Can Telemedicine Transform the Mental Health Care Delivery Model?
People who suffer from mental illness not only struggle with their condition, but oftentimes struggle to get care. This is especially concerning when you consider that mental illness affects 1 in 5 people or 43 million in the US and that number is growing.1 These individuals stand to benefit from behavioral health counseling and support, but unfortunately their need is met with a shortage of mental health professionals. In fact, according to the U.S. Health Resources and Services
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ATI Physical Therapy Launches Industry’s First Patient Experience Mobile App
ATI Physical Therapy, the nation’s largest physical therapy provider, today announces the launch of the patient-facing ATIpt Mobile App. An industry first, the ATIpt mobile app is designed to provide patients direct access to their treatment experience from home, work or on the go. The app is available at no cost through both the Apple App store and Google Play store. “The launch of our mobile app is a tremendous milestone for our organization and the PT industry,” said Simon Thomas, ATI’s chief
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Trinity Health to Test Google Glass for Tablet-Free Virtual Care
This week, Trinity Health announced that they will soon be testing the capabilities of an initiative that combines home visits by secondary caregivers with the innovative internet capabilities of Google Glass, and the advanced video technologies of swyMed, a provider of video telemedicine technologies.The program will help Trinity Health determine how the technologies might be used to increase access to primary care physicians and advance people-centered care. The clinical simulation of the
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bioAffinity Technologies Raises $4M to Early-Stage Cancer Diagnostics
bioAffinity Technologies, a San Antonio, TX-based company advancing early-stage cancer diagnostics and precision therapeutics has raised more than $4 million in Series A funding. The Series A fund reflects its progress toward commercialization in 2018 of the Company’s initial diagnostic product, a non-invasive, early-stage lung cancer test called CyPath® Lung to detect lung cancer in its earliest stages when it is most treatable.The porphyrin-based CyPath® preferentially binds to cancer cells
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Mercom: Healthcare IT Funding Tops Record $4B in First Half of 2017
Health IT VC funding reached a total record of $4B in the first half of 2017, representing a 36 percent higher year-over-year, according to a new report from Mercom Capital Group. The latest report finds that there were a total of 90 Healthcare IT M&A transactions, compared to 110 in 1H 2016. M&A activity in the second quarter of 2017 was down with 41 M&A transactions (five disclosed) compared to the 49 M&A transactions (seven disclosed) in Q1 2017.Mercom’s comprehensive report
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Teladoc Completes Acquisition of Best Doctors
Telehealth platform Teladoc has announced the completion of its acquisition of Best Doctors, the world’s leading expert medical consultation company focused on improving health outcomes for the most complex, critical and costly medical issues. With its newly acquired global footprint, network of more than 50,000 medical experts, and unmatched reputation for delivering quality outcomes, Teladoc is prepared to deliver on its vision to provide a central, trusted source for patients to get
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Bright.md Lands $8M for Virtual Physician Assistant, Partners with Adventist Health System
Bright.md, a Portland, Oregon-based developer of a virtual care solution to improve efficiencies and reduce costs in the delivery of care for non-acute conditions has raised $8 million in Series B funding round led by B Capital Group with participation from existing investor Seven Peaks Ventures. The funding will support continued market development for SmartExam, Bright.md’s cloud-based artificial intelligence (AI) software, including new implementations of healthcare delivery systems,
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Sempre Health Launches Behavior-based Healthcare Pricing Platform for Patients
Sempre Health, a San Francisco, CA-based startup has officially launched a new behavior-based healthcare pricing platform that empowers consumers to lower their own medication costs over time. Founded in 2015, Sempre works with health plans and pharma manufacturers to dynamically adjust any patient’s co-payment based on individual adherence and behavior, seamlessly at the point of fill.Matching the right patient to the right price for the right therapy is a data problem, and in the 21st century,
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