One of the many acute challenges during the pandemic has been the departure of approximately 18% of the U.S. healthcare workforce,4 resulting in staffing shortages in hospitals. This has impacted the well-being of the remaining healthcare practitioners 5 as well as their patients – many of whom are deferring care that is vital to disease management and overall maintenance of health,6,7 or who do not have access to timely emergency care.1 Though such challenges may be perceived as insurmountable
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Telestroke
SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal
What You Should Know:
- GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday.
- The combined company will be named UpHealth, Inc. and
will continue to be listed on the NYSE under the new ticker symbol “UPH”.
Blank check acquisition
company GigCapital2 agreed to merge
with Cloudbreak Health, LLC, a unified
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Cloudbreak Health Lands $10M for Unified Telemedicine Platform to Fuel Growth
- Cloudbreak Health raises $10M in funding from Columbia Partners Private Capital to expand its telehealth footprint.
- The company plans to use the funding will advance Cloudbreak Health’s operations and product innovations as it looks to expand nationwide throughout 2020.
Cloudbreak Health, LLC,
(“Cloudbreak”), a leading unified telemedicine
and video medical interpretation solutions provider, today announced it has
secured a $10 million investment from Columbia
Partners Private
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor
The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Life Image, swyMed Integrate to Enhance Telestroke Capabilities at Rural Hospitals
Life Image, a global network for sharing clinical and imaging data, and swyMed, a leading telemedicine provider are teaming up to enhance telestroke capabilities. Life Image’s interoperable solution, which integrates into existing workflows, orchestrates the flow of more than 10 million clinical encounters per month.Challenges with Acute Stroke TreatmentThere are several access-related challenges associated with acute stroke treatment, which are further compounded by the fact that diagnosis and
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