American Well and Philips announce a multi-year agreement to integrate American Well’s virtual care capabilities into Philips’ consumer and professional digital health solutions. Through this technology partnership, the two companies will work together to embed American Well's mobile telehealth services into an array of Philips solutions for both healthy consumers and patients with a medical need, spanning personal health & wellness, population health management, and clinical programs. A
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Technology
Allianz Pumps $59M In American Well to Develop Digital Solutions for Emerging Markets
Allianz, today announced a $59.2 million investment and strategic partnership with leading telehealth platform American Well to develop digital solutions that will widen access, lower cost and improve quality of healthcare for millions of patients worldwide. The strategic investment was led by Allianz X, the digital investment unit of Allianz and was supported by the Health Innovation Center of Allianz Partners, the B2B2C unit of the Allianz Group dedicated to developing protection and care
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WellCare Health Plans Taps VirtualHealth as its Care Management Platform
VirtualHealth, the leading provider of population health and care management technologies, announced that WellCare Health Plans, Inc. will deploy VirtualHealth’s nationally recognized platform to support millions of members enrolled in its Medicare and Medicaid health plans across 20 states. WellCare will leverage VirtualHealth’s extensive capabilities across care management, including multi-source integration, risk stratification, trigger-based tasking, clinical automation, care planning,
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InTouch Health Acquires TruClinic to Enter Direct-to-Consumer Telehealth Market
InTouch Health, the leading enterprise telehealth platform has acquired TruClinic, a web-based telemedicine provider based in Salt Lake City, Utah, specializing in direct-to-consumer virtual care solutions. Through the acquisition, InTouchHealth expands its existing portfolio to deliver a full range of virtual care programs to healthcare providers, enabling continuity of care between physicians and patients. Financial terms of the acquisition were not disclosed.The combined solution
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Healthcare M&A Analysis: Why Did Philips Acquire PHM Vendor VitalHealth?
Editor's Note: Alex Green is the Director and Principal Analyst at Signify Research, a UK-based market research firm focusing on health IT, digital health, and medical imaging. Alex is responsible for leading Signify Research’s Digital Health market intelligence portfolio, initially developing its coverage of the patient engagement platforms and portals marketPhilips announced on December 8th that it had acquired Dutch population health management (PHM) and eHealth platform provider VitalHealth
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NewYork-Presbyterian, Walgreens Partner to Launch In-Store Telemedicine Kiosks
NewYork-Presbyterian and Walgreens has announced a new collaboration to bring convenient access to NewYork-Presbyterian's world-class care through in-store telemedicine kiosks at select Duane Reade drugstores in New York. NewYork-Presbyterian, New York's No. 1 hospital, is offering the telemedicine services as part of its NYP OnDemand suite of digital health services.The first NewYork-Presbyterian NYP OnDemand telemedicine kiosk is currently available at the Duane Reade location at 40 Wall
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SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health
SymphonyCare, a population health and patient engagement solutions company has acquired the Empower patient portal business unit from Birmingham, AL-based Influence Health. The acquisition was led by SymphonyAlpha Ventures, the venture capital arm of Symphony Corporation, a leader in digital healthcare innovation and technology solutions. Financial details of the acquisition were not disclosed.The Empower patient engagement product alone currently reaches more than a half a million patients
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Population Health Management Means the Whole Population, Not Just the Highest Need
Considerable attention has been given to the large proportion of healthcare spending concentrated among a small proportion of patients. This five to 10 percent of the population has been the driving force behind many value-based purchasing models, e.g., chronic health condition management for the high cost, high utilizers, and health home models for care coordination and management services. A recent thought piece (March, 2017) in the The New England Journal of Medicine, “Focusing on
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Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings
Philips has acquired VitalHealth, a Netherlands-based provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Building on the acquisition of Wellcentive in 2016, the acquisition complements Philips population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions. Financial details of the acquisition were not
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EpicMD Raises $3M for Telehealth Platform to Help Physicians Drive Revenue & Improve Patient Experience
EpicMD, a Miami, FL based provider of telehealth technology platform and service solutions focused on the needs of independent healthcare providers, has raised $3 million in Series A funding led by Sagemoore Capital. The round also included particpation from a host of the company’s largest customers, including high-net-worth family offices representing a number of nationally recognized medical thought leaders, each of whom engaged as early adopters of the platform solution.The global
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