Today, Dallas-based telehealth provider, Teladoc initial public offering (IPO) debut under the symbol “TDOC" on the New York Stock Exchange at $19 per share, raising $157 million. The underwriters for the offering also have a 30-day option to purchase up to an additional 1,237,500 shares of Teladoc common stock.
Founded in 2002, the company emerged as an early leader in the growing telehealth space as self-insured employers and insurance companies look for ways to cut healthcare costs by
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mHealth | Mobile Health | Mobile Healthcare - HIT Consultant
HealthTap, Quest Diagnostics Launch Virtual Diagnostic Testing for Healthcare Consumers
HealthTap, the world’s largest, most trusted digital health hub and Quest Diagnostics has announced a collaboration that will enable doctors to order diagnostic testing services for patients through HealthTap’s comprehensive virtual care platform. The partnership between a major national medical laboratory provider and an end-to-end virtual care company, which will enable doctors and consumers to access a broad range of diagnostic service options to help care for patients in a virtual
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Telehealth App Approved By NHS to Deliver Prescriptions to UK Patients
Dr Now, a telehealth app that dispenses and deliver prescriptions directly to patients’ home or office has been approved by NHS England to handle NHS prescriptions using the NHS Electronic Prescription Service. Now available for Apple and Android devices, Dr Now offers instant access to UK registered doctors through video-based consultation, with NHS prescriptions dispensed and delivered in central London and overnight nationwide via its Now Pharmacy prescription hubs for free. Registered
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Wearables Are Our Foray Into Empowering A Healthier Population
In 1937, Sylvan Goldman, the owner of the Humpty-Dumpty grocery store chain, invented the shopping cart. Determined to reduce the cost of having to staff his stores with enough clerks to personally help each customer with over-the-counter purchases, he changed the paradigm. He created displays and shelves where people could help themselves, and, to prevent any inconvenience, he invented the shopping cart so they didn’t have to struggle with armfuls of goods. For all
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Post IPO: What’s Next for Fitbit & The Future of Wearables in Healthcare?
It was an IPO to remember when Fitbit, Inc. hit Wall Street this June. In fact, it was the third largest U.S IPO of 2015, according to Dealogic. Its stock opened at $30.50, (52 percent above its initial public offering price of $20.00), raised $732 million, and sold 36.6 million shares—giving the San Francisco, CA-based, fitness-tracking device developer a valuation of approximately $4.1 billion.
Clearly it was a great day for Fitbit, but what does its initial success say about the long-term
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Report: Telehealth Video Visits to Reach 158M by 2020
Telhealth video visits will increase from 19.7 million in 2014 to 158.4 million per year by 2020, according to a new report from Tractica. The report, "Telehealth Video Consultations", examines the telehealth market and technology issues surrounding telehealth video visits for both clinical and non-clinical applications. The firm also predicts that, while clinical consultations currently constitute more than three-quarters of the market, growth over the next several years will be especially
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Cureatr Raises $13M to Expand Mobile Care Coordination
Cureatr, a mobile care coordination solution for health care, today announced it has raised $13 million in Series B funding led by Deerfield Investments, a healthcare technology private-equity firm in New York. Deerfield is joined by Cerner Capital, Inc., Windham Ventures, a strategic health IT investor, and previous investors Cardinal Partners, Milestone Venture Partners, Partnership Fund for New York City, and JMI Services, LLC. The company will utilize the capital to launch new regions for
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Philips Launches App-Based Ultrasound Solution Lumify
Royal Philips has launched Lumify, its first app-based ultrasound solution that will extend the reach of ultrasound applications across the health continuum using mobile technology. Philips’ Lumify is an entirely new way of delivering ultrasound technology to healthcare providers and their patients.
Lumify Overview
Lumify offers high-quality imaging on a compatible smart device through a subscription model. Philips’ new ultrasound approach brings together mobile applications, advanced
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MindMeld, Sense.ly Partner to Build Artificial Intelligence Health Apps
MindMeld, the first platform for building AI-powered voice-driven apps is partnering with Sense.ly, a virtual nurse platform for patient engagement and chronic disease monitoring to build customized artificial intelligence health apps. MindMeld and Sense.ly are leveraging the latest advances in artificial intelligence to build customized virtual assistant applications for the healthcare industry. MindMeld’s platform leverages innovative AI technology and helps healthcare providers deliver
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Google Developing Wearable for Clinical Trial Research
Google Inc.’s life sciences group has developed a health-tracking wristband that can be used for clinical trial research and drug tests. Developed by Google's X research division, the wristband can measure pulse, heart rhythm, skin temperature, light exposure and noise levels to giving researchers minute-by-minute patient data. The device is designed to become a medical device instead of a consumer device.
“Our intended use is for this to become a medical device that’s prescribed to
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