UnitedHealth’s Optum has agreed to acquire DaVita Medical Group, one of the nation’s leading independent medical groups and a subsidiary of DaVita Inc. Under terms of the acquisition, Optum will acquire DaVita Medical Group for approximiately $4.9 billion in cash and is expected to close in 2018. DaVita plans to use the proceeds from the acquisition for significant stock repurchases over the next one to two years following the closing of the transaction, as well as to repay debt and for general
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UnitedHealthcare
UnitedHealthcare and Qualcomm Integrate Samsung, Garmin Wearables Into Wellness Program
UnitedHealthcare and Qualcomm Life have integrated wearable devices from Samsung and Garmin International, Inc., into UnitedHealthcare Motion. UnitedHealthcare Motion is a national wellness program that provides eligible plan participants access to activity trackers and enables them to earn more than $1,000 per year by meeting certain daily walking goals.The Samsung Gear Fit2 Pro and Gear Sport, and the Garmin vívosmart 3, have been integrated and validated with Qualcomm Life’s 2net platform for
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UnitedHealthcare, Qualcomm Integrates Fitbit Charge 2 Wearables for Wellness Program
UnitedHealthcare and Qualcomm has announced the expansion of UnitedHealthcare Motion™, a wellness program that provides employees with Fitbit Charge 2 at no additional charge and enables them to earn up to $1,500 per year by meeting certain goals for the number of daily steps.The two companies introduced UnitedHealthcare Motion in 2016 as a pilot in 12 states to select employers, using Qualcomm Life’s 2net™ Platform* for medical-grade connectivity that features multiple safeguards to help keep
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PediaQ Nabs $4.5M for On-Demand App for Nurse Triage, House Calls
PediaQ, a Dallas, TX-based company that has launched a mobile app platform for on-demand nurse triage and house calls has landed its first partnerships with Memorial Hermann Health System (Houston) and Baylor Scott&White Health (Dallas). In addition, the company has raised $4.5 million in funding which brings its total funding to date at $6.5M since its inception in late 2014. The funding will be utilized to expand the company’s growth in Dallas, Houston and Austin, and will also allow for
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UnitedHealthcare, Qualcomm Collaboration Provides Financial Incentives for Using Wearables
UnitedHealthcare and Qualcomm are teaming up to launch UnitedHealthcare Motion™, a wellness program that provides employees with wearable devices at no additional charge and enables them to earn financial incentives of up to $1,460 per year for meeting specific walking goals. The collaboration will focus on new UnitedHealthcare programs and services that incorporate the latest generation of wearables, medical devices and home diagnostic tests that utilize Qualcomm Life’s 2net™ Platform for
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AARP and UnitedHealthcare Launches The Longevity Network
Today at the 2014 HealthTech Conference in San Mateo, AARP and UnitedHealthcare announced the launch of “The Longevity Network” to promote innovations in health care that will improve the quality of people’s lives as they age. The platform will serve as a central hub where entrepreneurs, advocates and consumers can share information and access ideas, press and other media, social feeds and event invitations about health care innovation for the 50+ community. According to a study from Parks
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