The COVID-19 pandemic has caused an unprecedented shift in the way consumers view and access a variety of goods and services—and healthcare is no exception. Recent studies show that many patients, including vulnerable populations like those living with cancer, are delaying recommended care and procedures—and will continue to do so for at least several months amid fears over the safety of in-person visits. In response, reports of providers adapting to offer care virtually are all the more
Read More
Teladoc | News, Analysis, Insights - HIT Consultant
The New Normal: Rethinking Healthcare Delivery in a Post-COVID World
It’s becoming clearer that, while we are all hoping that things are going to go back to the way things were at the beginning of the year, the COVID-19 crisis will result in a new normal. That’s especially true in healthcare, due to four issues that are being wildly amplified by the COVID-19 crisis. Namely: 1. The US government has huge deficits, and healthcare is a major driver of the unsustainable increase in these deficits. 2. Addressing the demand for healthcare as a right (not a
Read More
COVID-19 and Its Global Impact on Primary Care Virtual Consultations
Last week saw Teladoc Health release its 1Q20 financial results giving the US telehealth industry a first glimpse of how COVID-19 is impacting the ambulatory virtual care market. Discussion around the crisis and its impact on telehealth has been rife since early March and the data published by Teladoc Health highlights that this was justified. The company reported that the number of virtual care consults in the quarter had passed the 2 million mark, up approximately 60% from the 1.24M
Read More
KLAS: COVID-19 Guide to Telehealth Virtual Care & Remote Care Platforms
What You Should Know: - New KLAS telehealth reports aims to aims to provide high-level COVID-19 guidance helpful to healthcare organizations on the virtual care and remote care platform vendor landscape. - Includes high-level overviews of validated vendors’ current customer satisfaction, key questions to consider in building a strategy, and a consolidated view of KLAS’ previously published telehealth reports. Telehealth
adoption in healthcare until recently had been increasing at a
Read More
Welkin Health Appoints Dr. Adrian Rawlinson Chief Medical Officer
What You Should Know: - Wellkin Health appoints former him and hers executive Dr. Adrian Rawlinson as the company’s new Chief Medical Officer. - In his new role as Chief Medical Officer. Dr. Rawlinson will focus on establishing a Clinical Advisory Board and Clinical User Group. Welkin Health, a San Francisco-based digital health company, announced the appointment of Dr. Adrian Rawlinson to the company as Chief Medical Officer. In his role as Chief Medical Officer, Dr.
Read More
Coronavirus Drives Teladoc’s Daily Virtual Medical Visits Up 50%
What You Need to Know: - In response to the coronavirus (COVID-19) pandemic, Teladoc Health reports that its daily virtual medical visit volume has spiked 50% over the prior week. - Teladoc Health has provided approximately 100,000 virtual medical visits to patients in the United States in the past week. Virtual
care provider Teladoc Health
announced that the company is experiencing unprecedented daily visit volume in
the United States as the novel coronavirus (COVID-19) continues
Read More
Analysis: January Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of January 2020. Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn. While debt levels are rising and GDP growth somewhat sluggish, the world of private equity, public equity, and M&A continues to be in full swing bull market
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
Teladoc Health Acquires Virtual Care Platform InTouch Health for $600M
- Teladoc Health announced this morning it will acquire InTouch Health, the leading provider of enterprise telehealth solutions for hospitals and health systems for $600M. - The acquisition establishes Teladoc Health as the only virtual care provider covering the full range of acuity – from critical to chronic to everyday care – through a single solution across all sites of care including home, pharmacy, retail, the physician office, ambulance, and more. Teladoc
Health, Inc., a global
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
