- 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
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Telemedicine | News, Analysis, Insights - HIT Consultant
Mercom: Global Digital Health VC Funding Down 6% at $8.9B in 2019
- New Mercom Capital annual report reveals global venture capital (VC) funding in digital health declined 6% at $8.9B compared to $9.5B in 2018. - Total corporate funding into Digital Health – including VC funding, debt, and public market funding - dropped 18% to $10.6 billion in 2019 compared to $13 billion in 2018.- Five digital health IPOs brought in a total of $1.4 billion in 2019Global venture capital (VC) funding in digital health, including private equity and corporate venture, declined
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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
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Valley Health System Becomes First Health System in New Jersey to Prescribe Enterprise-wide Digital Therapeutics
- Valley Health System becomes the first health system in New Jersey to prescribe enterprise-wide digital therapeutics in partnership with Mount Sinai Health System spinoff Rx Health. - The program will use Rx.Health's newly-launched RxStitch engine. Valley Health System (VHS) based in New Jersey announced it will be implemented RxHealth’s digital therapeutics prescribing platform EHR integrated RxStitch Engine to support episodes of care and enterprise-wide digital transformation at VHS. This
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4 Digital Health Tools for Combating Opioid Addiction in 2020 & Beyond
The human and economic statistics surrounding the opioid epidemic are staggering. According to the U.S. Department of Health and Human Services, 11.4 million people have misused prescription opioids, and more than 130 people die daily from opioid-related drug overdoses.Moreover, the Society of Actuaries found that the total economic burden of the opioid crisis in the United States from 2015 to 2018 was at least $631 billion. The organization attributed nearly one-third of that cost to extra
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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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Time’s Running Out: Why Providers Must Adopt Telehealth in 2020
Sometimes life just gets in the way. Work schedules, family obligations, and unforeseen circumstances can make going to the doctor an inconvenience rather than a helpful necessity. It’s not uncommon for patients to forget or intentionally skip appointments, cancel unexpectedly, or even put off scheduling necessary follow-up visits.
But patients don’t have to neglect their healthcare just because of a hectic work schedule or a last-minute meeting. Telehealth is emerging as a convenient
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NextGen Acquires OTTO Health to Expand Telemedicine Capabilities
- NextGen Healthcare acquires telehealth platform OTTO Health to expand its patient engagement capabilities with integrated virtual visits. - NextGen plans to integrate OTTO Health’s telehealth platform with their recently acquired Medfusion patient experience platform.NextGen Healthcare, Inc., a provider of ambulatory-focused technology solutions, announced an agreement to acquire OTTO Health (“OTTO”). The proposed acquisition is expected to close this month, subject to the satisfaction of
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Can Digital Health Bridge The Low-Income Gap?
We’ve known for a few years that income correlates with health in a major way. From the length of life to stroke risk to self-reported health status, the more access, opportunity, and means of upward mobility a person has, the better their projected health outcomes.
Waves of organizations are stepping up to help put things on a better course. Accountable and managed care organizations like Upward Health are working with payers, providers, and local governments to bring doctors, nurses, and
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Sun Genomics and DexaFit Partner to Integrate Gut Health Testing
- Sun Genomics partners with DexaFit to integrate gut health testing to offer microbiome analysis and insights at 27 health and wellness clinics nationwide. - With the addition of Sun Genomics Floré testing, DexaFit is now incorporating microbiome analysis into its approach to give its clients a thorough understanding of their gut DNA or microbiome to further measure and improve their overall health and performance. Sun Genomics today announced that it is partnering with DexaFit, the
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