What You Should Know:
- Teladoc Health (NYSE: TDOC) today announced the acquisition of Catapult Health, a provider of virtual preventive care service in an all-cash transaction for $65M, with up to $5M in additional contingent earnout consideration. Catapult Health’s trailing twelve-month revenue was approximately $30M as of the third quarter of 2024.
- The strategic move strengthens Teladoc Health's comprehensive suite of integrated solutions and expands its capabilities
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Virtual Healthcare
Midi Health Attracts High-Profile Investors in $63M Funding
What You Should Know:
- Midi Health, the rapidly growing virtual care clinic catering to women 35 and older, today announced a groundbreaking addition to its Series B funding round.
- An impressive cohort of women leaders and icons spanning diverse fields have joined the oversubscribed round via a $5M Special Purpose Vehicle (SPV). This SPV, formed and managed by Midi investor Operator Collective, brings together influential women from entertainment, sports, media, technology,
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Fabric Acquires TeamHealth VirtualCare, Expands Virtual Healthcare Footprint
What You Should Know:
- Fabric, a frontrunner in healthcare technology has acquired TeamHealth VirtualCare, a virtual care provider licensed nationwide and part of TeamHealth, a prominent physician practice group in the United States.
- The strategic move marks Fabric's fourth acquisition in 18 months, reinforcing its dedication to providing top-tier, accessible virtual healthcare services to payers, employers, and health systems. Financial details of the acquisition were not
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Walmart Exits Virtual Health Market with Sale of MeMD to Fabric
What You Should Know:
- Fabric, a healthcare technology company focused on care enablement, announced today the acquisition of MeMD from Walmart Inc. (NYSE: WMT). MeMD is a recognized leader in virtual healthcare, offering behavioral, urgent, and primary care services to millions of individuals.
- This strategic acquisition positions Fabric to be a major player in the virtual healthcare landscape. By combining Fabric's care enablement platform with MeMD's established virtual care
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Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access
What You Should Know:
- Summus, a New York City-based virtual health company focused on specialty care, has raised $19.5M in its latest funding round to support the company’s continued growth and work to tackle the access problem in healthcare.
- With a total of $70 million raised to date, Summus aims to expand its innovative approach to care, and this new investment will support the company in its efforts to revolutionize how patients and healthcare professionals share and access
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TytoCare Report Reveals Providers’ Key to Virtual Care Adoption
What You Should Know:
A new report released by TytoCare, a virtual care company enabling accessible, high-quality primary care from home, revealed insights into how health plans and organizations can drive virtual care engagement.While key elements that patients value in virtual care offerings include cost and time savings, and the ability to reduce Emergency Department (ED) or urgent care visits, people want to see doctors they trust or and are more likely to adopt virtual care when
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Optimizing Patient Experience: How Virtual Offerings are Changing The Healthcare Climate As We Know It
Providing patients with a positive health outcome is always the priority for their healthcare provider. The journey to accomplishing this goal can often be an uphill challenge with many variables at play. Providers are tasked with not only delivering a positive health outcome but also with the patient experience and level of satisfaction as they make their way through their healthcare journey. Since the Covid-19 pandemic and the emergence of virtual healthcare, the healthcare industry has
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Bluestem Health Launches AI-Based Virtual Healthcare Assistant Powered by Mediktor
What You Should Know:
- Nebraska-based Bluestem Health today announced it has launched an AI-based virtual medical assistant powered by Mediktor. This is available for both established and non-established patients to efficiently assess their symptoms online and direct them to the appropriate level of care.
- Mediktor combines AI, Natural Language Processing (NLP) and machine learning technologies for the first clinically validated digital medical assistant, proven in clinical trials with
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Digital Maturity Is Six Steps Away. How Close Is Your Healthcare Organization?
The healthcare industry dragged sorely behind other industries in digital maturity just three years ago, according to McKinsey. Then, the pandemic shifted priorities and accelerated the progress of digital transformation by several years. No industry felt this shift as strongly as healthcare. With the rapid increase in telehealth appointments and remote care necessities, medical institutions faced the challenge of making several years’ worth of virtual enhancements in just a few months — if not
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Omada Health, Intermountain, Castell to Establish Integrated, Virtual Care Option for Diabetes Management and Prevention
What You Should Know:
- Omada Health and Castell, an Intermountain value-based care subsidiary, announced a first-of-its kind partnership – creating a new, integrated virtual care model to reach and help more at-risk patients through proven prevention and Diabetes programs.
The new virtual care model expands the access of Omada’s Diabetes Prevention Program and Diabetes Program to patients and caregivers receiving care from Intermountain Healthcare’s primary care providers
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