What You Should Know:
- FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30M in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners.
- Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health’s Board
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Livongo Health |Applied Health Signals | Digital Health Management for Chronic Conditions | News, Analysis - HIT Consultant
Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed
Several hospital telehealth vendors enjoyed great success in 2020 as they benefitted from unprecedented demand for their IT and services during the pandemic. But as lockdown restrictions were lifted and the strain on hospitals’ in-house capacity across the ICU and other acute care wards eased into the second half of 2021, were the vendors able to maintain their growth? With full-year results from several of the leading hospital telehealth vendors now published, here’s our take on the recently
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Digital Diabetes Market to Reach $1.5B by 2024, Research Finds
What You Should Know:
- The digital diabetes market is on track to reach $1.5
billion dollars by 2024, according to a new report by Research2Guidance.
- The confident growth of digital diabetes care will be driven by the growth of the global addressable market for digital diabetes services. Between 2019 and 2024, the number of diagnosed diabetics with access to smart devices is set to increase from 109 million to 180 million.
- Digital diabetes solutions have disrupted the
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Magellan Health and Livongo to Co-Market Behavioral Health Services
What You Should Know:
- Magellan Health announced a strategic relationship with
Livongo, making Livongo for Behavioral Health the new digital entry point to a
wide range of solutions for Magellan Health customers and their members.
- As part of the strategic relationship, Magellan and
Livongo will co-market behavioral health services and collaborate on product
innovations.
Magellan Health,
Inc., today announced a strategic relationship with Livongo the leading Applied Health
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Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know
What You Should Know:
- Teladoc Health to merge with Livongo for $18.5B in cash
and stock to create a powerhouse leader in consumer-centered virtual care.
- Teladoc Health shareholders will own approximately 58
percent and existing Livongo shareholders will own approximately 42 percent of
the combined company.
- Jason Gorevic, current CEO of Teladoc Health, will be
the CEO of the combined company.
Teladoc Health
(TDOC) and Livongo (LVGO), today
announced that they have entered
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Livongo Teams Up with MDLIVE & Doctor On Demand to Offer Telehealth Services
- Livongo announced a partnership with telehealth companies MDLIVE and Doctor On Demand to enable access to virtual acute and primary care services for people living with chronic conditions. - Livongo will begin by offering telehealth within the Livongo for Behavioral Health solution in January 2020 and will soon expand to additional use cases including medication management for diabetes, hypertension, and other opportunities to effectively close gaps in care. Livongo Health, an Applied Health
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BCBS Kansas City to Offer Livongo for Diabetes Program to All Fully Insured Clients
- Livongo announced an expanded partnership with Blue Cross and Blue Shield of Kansas City to provide Livongo for Diabetes program to all Blue KC fully insured clients. - Blue KC was an early Livongo adopter and this expansion provides momentum as we continue to expand from working primarily with self-insured employers to broader markets including fully insured populations of our health plan clients.Livongo Health, Inc. (Nasdaq: LVGO), an Applied Health Signals company empowering people with
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Livongo, VSP Vision Care Partner to Improve Eye Care for People Living with Diabetes
- Livongo announced a partnership with VSP Vision Care to offer mutual Members resources and insights to manage chronic conditions and vision care on one platform. - People with diabetes and prediabetes have an increased risk of vision complications and vision loss and by offering them resources to better manage their eye health on the Livongo platform, we can effectively close gaps in care. Livongo Health, Inc., an Applied Health Signals company empowering people with chronic conditions to live
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Livongo Inks $50M Diabetes Contract Through Federal Employees Health Benefits Program (FEHBP)
- Livongo has been awarded a contract to provide the Livongo for Diabetes solution to eligible members covered by the Federal Employees Health Benefits Program (FEHBP ) under one health plan.- The contract is Livongo’s biggest contract in company history and will account for $20-25M in revenue in 2020 and $30-35M in revenue for 2021, representing a total of $50-60M including both years.- The announcement reflects Livongo’s overall market traction and how they are expanding from working primarily
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