What You Should Know:
- Amwell, who has collaborated with Biobeat, and will integrate Biobeat’s AI-powered wearable remote patient monitoring solutions into its Converge virtual care platform.
- The integration will allow clinicians using Amwell’s Converge platform to continuously monitor patient vitals and receive deterioration alerts directly to their mobile phones via Biobeat’s AI-powered, automated real-time early warning score system.
- Amwell powers telehealth
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Virtual Care Platforms | News, Analysis, Insights - HIT Consultant
Accolade Acquires Virtual Primary Care Platform PlushCare for $450M
What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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How a Virtual Care Mindset Leads to Greater Patient Acceptance and Sustainable Telehealth Growth
There's no question that the demand for telehealth and virtual care has grown exponentially over the last twelve months. With that growth has come a fundamental shift in the attitude toward virtual care. No longer do patients and providers take a "let's try it" approach—now, it's "we must do it." This is evidenced by the number of telehealth claims filed. In 2020, telehealth claims skyrocketed, increasing by 2,938% in November 2020 versus November 2019 as patients demanded virtual options and as
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Oneview Healthcare Launches Cloud-Based Virtual Care Experience Platform
What You Should Know:
- Oneview Healthcare collaborated with long-time client, NYU Langone Health, to roll out a virtual patient engagement platform in response to the challenges of the COVID-19 pandemic.
- CXP Cloud Enterprise powered by Microsoft Azure technology with the use of Samsung tablets, helps engage patients, reduce non-clinical demands on care teams and optimize clinical and operational effectiveness.
- CXP Cloud Enterprise gives patients and their families the
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Yale New Haven Health Deploys Virtual Clinic for Pediatric Patients with Diabetes
What You Should Know:
- After taking part in proving the clinical benefit of using AI-based decision support tools, as was recently published in Nature Medicine, Yale New Haven Health System and DreaMed Diabetes announced a collaboration that will explore what it would take to adopt such a solution into a real-world health system.
- As part of the collaboration, Yale New Haven will utilize DreaMed’s Advisor Pro platform to create a virtual clinic, this real-world evaluation will assess the
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Wellstar Invests $10M to Become First Sharecare-Enabled Health System
Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and consumer engagement. Through this partnership, Wellstar also will become the first “Sharecare-enabled” health system in the country, utilizing Sharecare’s solutions to
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Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation
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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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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