What You Should Know: - Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B. - The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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Virtual Care Platforms | News, Analysis, Insights - HIT Consultant
Verily’s Onduo Virtual Care Solution Expands to Multi-Condition Platform
What You Should Know: - Verily's Onduo, known for its tech-based solution for virtual diabetes management, is launching a new multi-condition platform that matches the right care to the right consumer at the right time. The expanded virtual care platform is designed to support patients managing type 2 diabetes and hypertension, with plans for further expansion into mental and behavioral health.- In addition, Onduo has introduced multi-language support to make the virtual
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Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform
What You Should Know: - Concentra recently transitioned their
three-year-old Concentra Telemed® offering from Amwell to the eVisit Virtual
Care platform. - The eVisit Virtual Care platform is
supporting all of Concentra’s telemedicine requirements, including its
industry-leading 24/7/365 Concentra Telemed offering and Concentra Telerehab®,
conducting more than 8,000 virtual visits a month. - eVisit
was founded six years ago and is already in use at more than 100
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2020’s Top 20 Digital Health M&A Deals Totaled $50B
Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a
global leader in consumer-centered virtual care. The combined company is
positioned to execute quantified opportunities to drive revenue synergies of
$100 million by the end of the second year following the close, reaching $500
million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo
will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration
of
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M&A: EverCommerce Acquires Healthcare Communication Platform Updox
What You Should Know: - Service commerce platform EverCommerce acquires Dublin,
OH-based Updox, a healthcare communication platform for in-person and virtual
care. - The acquisition
expands EverCommerce’s health services portfolio and enables the companies to
further their shared goal of simplifying the business of healthcare and
facilitating the growth of healthcare practices. Today, EverCommerce, a leading service commerce platform, completed the acquisition of Updox, a
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Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts
What You Should Know: - Virtual maternity care platform Babyscripts announced a
new round of investments from Banner Health, CU Healthcare Innovation Fund, The
Froedtert & Medical College of Wisconsin Health Network, and WellSpan
Health - Using internet-connected devices for remote monitoring,
Babyscripts offers risk-specific experiences to allow providers to manage up to
90% of pregnancies virtually, allowing doctors to detect risk more quickly and
automate elements of
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Highmark Taps Lark Health for AI-Driven Chronic Disease Management/Prevention
What
You Should Know: -
Highmark, one of the largest Blues plans, has chosen Lark Health for its
chronic disease prevention and management platform. -
Members will have access to Lark’s 24/7 AI-based coaching and programs to
manage diabetes, hypertension, and prevent chronic conditions. Highmark Inc., America's fourth-largest overall Blue Cross Blue Shield-affiliated organization, announced a growing collaboration with Lark Health, virtual chronic disease prevention and management
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Amwell Launches New Offerings to Increase Doctor-to-Patient Virtual Connectivity
What You Should Know: - Amwell just announced some new offerings Amwell Now, Touchpoint
Tablet software, and C500 to help increase doctor-to-patient virtual
connections as patient and doctor preferences change in light of the pandemic. - The new solutions (a quick-to-deploy video visit offering, new tablet software, and a telemedicine cart) are designed to be easy-to-use but fully integrated in the provider’s systems and secure. Amwell, a
national telehealth
leader, today announced
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Nice Healthcare Nabs $5M to Power ‘Frictionless’ Virtual Primary Care
What You Should Know: - Nice Healthcare raises
$5M in seed funding to power the next phase of growth of its in-home and
virtual primary care services. - Nice contracts directly with employers to provide
unlimited access to its service under a transparent and capitated rate of $30 -
$36 per employee per month. Nice Healthcare, a Minneapolis, MN-based provider of in-home and virtual primary care services, today announced it has raised $5 million in seed funding to pioneer the
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Babyscripts Forms Commercial Partnership with Roche to Develop RPM Programs for Pregnancy
What You Should Know: - Babyscripts today announced a commercial partnership with
Roche Diagnostics, a division of the world’s largest biotech company and a
global pioneer in pharmaceuticals and diagnostics. - Roche will partner with Babyscripts on the
development of Babyscripts’ remote patient monitoring (RPM) programs to
leverage groundbreaking data science through the next generation of RPM in
pregnancy. Babyscripts, a
Washington D.C.-based
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