What You Should Know:
- Rezilient Health, a St. Louis-based, concierge primary care practice that uses connected digital devices and an advanced video platform to bring doctors remotely to its CloudClinics today announced it has closed its oversubscribed $2.5M seed funding. The seed funding was led by Unseen Capital, with participation from Techstars, Headwater VC, The Council, and The Living Fund.
- Founded in 2016 by Danish Nagada, MD and Jeff Gamble, Ph.D., Rezilient Health bridges
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Primary Care | News, Analysis, Insights - HIT Consultant
Antidote Health Raises $12M to Build First Virtual HMO in the U.S.
What You Should Know:
- AntidoteHealth, a New York City-based telehealth provider making quality healthcare accessible to all Americans, today announced it has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The seed round was led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors.
- Antidote is an HMO, which means it cuts out the middleman, connecting simply patients to doctors. By offering a more
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HIMSS21 Day 2 Roundup: CVS Health Virtual Primary Care, M&A Activity, Funding, More
Raintree Systems Mourns the Passing of its CEO, Richard Welty
Raintree Systems, a software development company that provides value-based solutions for the healthcare industry, announces the passing of the company's Founder and CEO, Richard Welty. Terrence Sims, former Chief Operating Officer and current President of Strategic Growth & Marketing has been appointed Interim CEO.
Mergers & Acquisitions
Olive Enters Clearinghouse Market with Acquisition of Healthcare
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CVS Health Rolls Out Nationwide Virtual Primary Care Solution
What You Should Know:
- Aetna, a CVS Health company, today announced the launch of Aetna Virtual Primary Care, which reimagines the primary care experience and makes it easier for people to get the health services they need, anytime, anywhere.
- Aetna Virtual Primary Care is powered by Teladoc Health's longitudinal, physician-led care team model, and complemented by the strength of Aetna's provider network, and CVS Health services.
Aetna Virtual Primary Care Solution
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Vera Whole Health Lands $50M from JP Morgan’s Morgan Health
What You Should Know:
- Today, Morgan Health, JPMorgan Chase’s business focused on improving employee healthcare, today announced a $50M investment in Vera Whole Health, a CD&R portfolio company that is leading the critical shift to value-based employer-provided healthcare across the United States.
- Vera is the only care model with the capability to deliver whole system health to a diverse patient population from a single care center. The Vera model is uniquely designed to help people
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Post-COVID Telehealth in Europe: What Works for Primary Care? – Analysis
The European primary care telehealth market has been transformed since the outbreak of COVID-19 more than 15 months ago. But which countries have developed an ecosystem that is primed for long-term growth that will bring value and improved processes to both healthcare providers and patients?
A key starting point is to define the vendors that serve primary care telehealth. There are two types of company that address this market.
- Telehealth Service Providers – These are companies that sell
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One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A
What You Should Know:
- Today, One Medical (NASDAQ: ONEM) announced its intent to acquire Iora Health, a value-based primary care group for serving roughly 38,000 Medicare patients through digital health and 47 in-person medical offices in ten markets across the United States for about $2.1B in stock.
- Iora Health’s relationship-driven primary care model focuses on relationships to improve health outcomes and significantly lower costs than the traditional healthcare system.
-
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Ro Acquires Modern Fertility to Integrate With Primary Care Platform
What You Should Know:
- Ro, today announced the acquisition of Modern Fertility, one of the fastest growing companies in women’s health.
- This acquisition, one of the largest deals in women's health tech yet, will accelerate Ro's position as a leader in women's health and bring Modern Fertility’s fertility tests and reproductive health tools to our vertically integrated primary care platform.
- Like Ro's patient-centric approach, Modern Fertility makes fertility more proactive,
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Accolade Acquires Virtual Primary Care Platform PlushCare for $450M
What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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What Will It Take for Hospitals to Survive the Pandemic?
On New Years Eve, just as the Covid-19 outbreak in Los Angeles was at its worst, all 451 of Olympia Medical Center’s exhausted employees learned they would soon lose their jobs. After 74 years, the hospital closed for good on March 31st, leaving residents of the surrounding community — poor and mostly people of color — without a place to see a doctor.
And it isn’t the only hospital closing.
At least 47 hospitals have closed or filed for bankruptcy in the last year, and there will
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