Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of
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CareZone
Walmart Acquires Medication Management Platform CareZone for $200M to Enhance Digital Health & Wellness Capabilities
What You Should Know: - Walmart acquires app-based patient medication management platform CareZone for reportedly $200M to enhance its digital health and wellness capabilities. - CareZone’s technology and team members will join Walmart to augment their current Health & Wellness capabilities and support its focus on digital health care solutions. CareZone will remain a separate company unrelated to Walmart. Walmart announced it has acquired CareZone, a San Francisco,
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CareZone Raises $50M to Expand App-Based Patient Medication Management Platform
CareZone, a San Francisco, CA-based smartphone service for managing chronic health conditions, today announced it has raised $50 million in Series D funding led by NEA. CareZone plans to utilize the funding to expand its consumer reach and continue to grow its network of pharmacy and health partners. The latest round brings the company’s total funding to $150 million.Founded in 2012 by former CEO of Sun Microsystems, Jonathan Schwartz and former Microsoft and Apple engineer, Walter Smith,
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