- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S.
- The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions.
VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
Read More
Mental Health
Wellin5 Acquires Mental Health Journaling and Tracking App Therachat
- Wellin5 acquires Therachat, a HIPAA-compliant smart journaling tool that keeps clients engaged in-between therapy sessions for an undisclosed term.
- The acquisition supports Wellin5’s long-term strategy of expansion into the United States telehatlh market.
Wellin5, an innovative online telehealth
counseling platform, today announced its acquisition
of Therachat, a San Francisco, CA-based mental health platform
designed to help therapists, psychologists, and mental health
Read More
Quartet Health, Blue Cross NC Collaborate on Value-Based Care Payment Model for Mental Health
- Mental health technology company Quartet Health announced a new technology that helps install a value-based quality measurement system for mental healthcare. - Achieved in collaboration with Blue Cross of North Carolina -- an insurer known for being on the forefront of improving mental health access and a tech leader -- Quartet and BCNC are introducing it as the market's first and will serve as a framework for all insurer adoption. Quartet Health, an innovative mental healthcare technology,
Read More
Validic, Humana Launch Health Incentive Program to Support Device Connectivity
- Validic and Humana form partnership to launch a health incentive program to support Medicaid and Medicare communities with device connectivity. - As part of this engagement, Humana and Validic plan to expand the devices and data points available in Humana’s Go365 wellness and rewards program to address additional health barriers, such as nutrition, smoking cessation, mental health and more.Humana Inc., a health insurer company and well-being company and Validic, the market leader in platforms
Read More
Providence Acquires HMR Weight Management Services Corp.to Support Patients & Consumers
- Providence acquires HMR Weight Management Services Corp. as part of their initiative to support patients and consumers in improving their health. - HMR operates clinics inside three Providence facilities, while Providence refers its caregivers to HMR for weight management support and care as part of its employee wellness program.Providence St. Joseph Health announced today it has acquired HMR (Health Management Resources), an established provider of clinically proven weight-loss programs, from
Read More
Teladoc COO Shares 5 Virtual Care Predictions to Watch in 2020
- Teladoc Health’s COO David Sides gives a glimpse of what the future holds as more consumers tap into virtual care.
Forget face to face, healthcare is moving into cyberspace—albeit not as fast as one would like. Yes, there is no question that the interest in virtual care is growing swiftly. However, the adoption of virtual services has been somewhat slow; only about 10 percent of healthcare consumers have used such services, according to a study by J.D Power.
Despite interest from
Read More
Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020
As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020.
Robbie Hughes, Founder, and CEO, Lumeon
“Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
Read More
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
Read More
Youth Suicide & Depression Crisis: Can Health IT Make A Positive Impact?
Perhaps it’s because we live in an age of competing epidemics and crises—opioids, impeachment, homelessness, insulin—that youth suicide trends don’t warrant a front-page headline every week.The numbing, knee-bending statistics say they should.Per the CDC, suicide rates among young people 10-24 years old rose 56 percent between 2007 and 2017. Suicide is now the second leading cause of death for that group after accidents like car crashes—paradoxical tragedies often caused by the excessive
Read More
Express Scripts Launches First Digital Health Formulary for Apps & Devices
- Express Scripts launches its first digital health formulary that will allow employers and health plans to effectively manage a fast-growing segment of healthcare while improving access for patients.- Starting in January 2020, Express Scripts Digital Health Formulary will initially include 15 solutions for remote monitoring services and digital therapeutics that aid in the management of eight of the country's most common chronic conditions: diabetes, prediabetes, hypertension, asthma, pulmonary
Read More
