- 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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Teladoc | News, Analysis, Insights - HIT Consultant
Analysis: November 2019 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 November 2019We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached
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Teladoc Health Expands Into Personalized Nutrition Counseling with Launch of Teladoc Nutrition
- Teladoc Health expands its services into the nutrition industry with the launch of Teladoc Nutrition, a personalized nutrition counseling combined with specialized care from a registered dietitian- With Teladoc Health's Nutrition service, members will work directly with registered dieticians to personalized nutrition content and deliverables such as a custom meal plan, shopping guides, etc. over video or phone to help members achieve their nutritional goals.Teladoc Health, Inc., today
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Kaiser Appoints First Chief Digital Officer, Teladoc’s New COO, Castlight Health CEO, Other Health IT Appointments
Kaiser Permanente has appointed Prat Vemana as its first chief digital officer for Kaiser Foundation Health Plan and Hospitals. In this newly created role, Vemana will lead the ongoing development and execution of Kaiser Permanente's digital vision and strategy, in collaboration with internal health plan, hospital, and medical group teams.
Atlantic Health System has named Dr. Sylvia Romm as Chief Innovation Officer. In her new role, Romm will be responsible for building new partner
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3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference
The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
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Vida Health Raises $30M for Personalized Virtual Care Platform for Physical & Behavioral Health
Vida Health, a personalized virtual care platform for physical and behavioral health has raised $30M in Series C funding from strategic investors including GuideWell Mutual Holding Corporation, Teladoc Health, and Workday Ventures. Existing investors from previous rounds also participated.Impact of Chronic Disease in the U.S.Sixty percent of adults in the United States have one chronic disease, and 40% have two or more. More than 68% of adults with a mental health condition have at least one
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Cincinnati Children’s, Teladoc to Develop First Pediatric-Specific Consumer Telehealth Platform
Cincinnati
Children’s Hospital Medical Center (Cincinnati Children’s) is teaming up
with virtual care provider Teladoc Health
to develop the industry’s first consumer pediatric telehealth platform. The
pediatric-specific consumer telehealth
platform builds off Cincinnati Children’s existing Center for
Telehealth that currently offers video-based
telemedicine clinics, video consults, e-visits and remote provider case
conferences to help build relationships with physicians and families to speed
up
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Teladoc Acquires French Telemedicine Provider MédecinDirect to Expand Global Footprint
Virtual care provider Teladoc Health has acquired Paris, France-based telemedicine provider MédecinDirect to offer its full continuum of services to insurers and employers in Europe’s third largest market. Co-founded by François Lescure and Marc Guillemo in 2008, MédecinDirect’s accredited and mobile platform of medical expertise provides secure and completely confidential, doctors are committed to answering all medical questions by telephone and Internet seven days a week. MédecinDirect
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Teladoc Rolls Out Expanded Virtual Care Capabilities for Health Systems
Virtual care platform Teladoc Health, today announced new capabilities that enable health systems to deliver a broader spectrum of virtual care services and to streamline diagnostic testing orders. The new Clinical WorkScope and Diagnostic Testing capabilities are now available to all current and future users of the Teladoc Health SaaS-based licensed platform.Here is a look at Teladoc's expanded capabilities: - Clinical WorkScope – Enabling Unlimited Virtual Use Cases with Unprecedented
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