March 4, 2021
No-cost medications for patients in need. Online prescription discount platform GoodRx has partnered with the National Association of Free and Charitable Clinics (NAFC) to kick off a philanthropic program that will support patients in need with free prescriptions and care.
With a target goal of more than $5 million in free medications provided during 2021, the company said that it has kick-...
March 3, 2021
A January acquisition deal between medical technology provider Hillrom and cardiac monitoring device maker Bardy Diagnostics has landed in rocky waters, with Hillrom looking to back out of the purchase and Bardy filing a legal complaint to keep things moving forward.
According to press releases from Hillrom, the company was caught off guard on January 29 when Novitas Solutions, a Medicare...
Photo courtesy of Highmark
March 2, 2021
In December, Highmark Health announced a six-year collaboration with Google Cloud that the companies said would lay down the infrastructure of the integrated delivery network's data-driven Living Health Dynamic Platform.
Today, the organizations unveiled plans to get Verily and its Onduo chronic care subsidiary in on the action as well. Through another six-year partnership, the partners will work...
February 26, 2021
For decades, investors, startups and a broad host of established players have viewed healthcare as ripe for innovation. However, the industry has been challenged by the momentum of the status quo – the scale, complexity, volume and ingrained practices that all need to change to wring out some much-needed efficiency.
As we were taught in physics class, the more momentum something has, the more...
February 26, 2021
Telehealth provider MDLive is being acquired by Cigna's health services subsidiary Evernorth, the two companies announced this morning.
The deal is expected to close sometime in Q2. The terms of the deal were not disclosed, although Cigna said that it would share additional information regarding the acquisition during its Investor Day event scheduled for March 8.
WHY IT MATTERS
MDLive is among...
February 25, 2021
After a year of incredible innovation across the digital health market, the task remains of how to make these products available to consumers at scale. Oftentimes, this means partnering with a payer that can offer coverage and reimbursement for the digital solution.
While making those partnerships stick is easier said than done, it is possible to get stakeholders from different spaces in...
February 24, 2021
New research on therapeutic virtual reality reports that an in-home, interactive program for chronic pain appeared superior to a non-interactive sham app experience for reducing multiple measures of pain among participants with self-reported chronic low back pain.
Published earlier this week in JMIR, the study was funded by therapeutic VR company AppliedVR and conducted by its employees alongside...
February 22, 2021
Circulo Health, a Columbus, Ohio-based insurtech startup targeting the Medicaid population, has announced itself with the backing of $50 million from Drive Capital, General Catalyst, Oack HC/FT and SVB Capital.
WHAT IT DOES
Circulo is still very much in its early days. Its public presence so far is a sparse homepage that connects to a LinkedIn page and an email address for interested job seekers...
February 17, 2021
App-based primary care provider 98point6 today announced a new integrated behavioral health offering for its employer, health plan and health system clientele.
Founded in 2015, the company's app-based platform uses artificial intelligence and machine learning to conduct a text-based conversation with users, allowing it to build up a patient profile before matching them to a clinician for virtual...
February 15, 2021
SPAC rumors pan out. Just a few weeks after rumors spread of Sharecare's upcoming merger with a special purpose acquisition company (SPAC), the patient-engagement and benefits-navigation platform made it official with an announcement on Friday.
Sharecare will be merging with Falcon Capital Acquisition and listing on NASDAQ. The deal is set to be funded through $345 million in cash in trust from...