January 21, 2021
Consumer telehealth and wellness brand Hims & Hers wrapped up its merger with special purpose acquisition company (SPAC) Oaktree Acquisition Tuesday, and today began trading on the New York Stock Exchange.
The deal was first announced in October, and was originally expected to close before the end of its Q4 2020. After Tuesday's approval, the deal has provided Hims with $279.5 million, $205...
July 29, 2019
After much speculation and anticipation, chronic care management startup Livongo officially went public on Thursday. The company closed its first day 36% above its initial pricing of $28 and is currently trading for over $41 per share on NASDAQ. The company's includes more than 12 million shares of common stock.
“It’s a signal to the market ... that [the industry] is ready for a consumer-first...
July 18, 2019
It's been an exceptional Thursday for Chaim Indig, CEO and cofounder of 14-year-old digital health stalwart Phreesia. Since ringing the New York Stock Exchange’s opening bell at 9:30 a.m. sharp, he’s watched his company’s shares fly back and forth in the general range of $24 to $27 per share — about 40% to 50% above the initial $18 asking price.
“All of us were up there [on stage with the bell...
January 31, 2019
New York City-based Annum Health, a digital health startup focused on using digital health tools to curb alcohol abuse, is shutting down its operations today, according to a notice published on the company’s website.
“Over the last two years, Annum created and brought to market a more effective solution to engage and treat the many millions of people who struggle with heavy drinking,” reads the...
December 23, 2014
Below is a roundup of the 33 acquisitions that MobiHealthNews reported on during 2014. That figure marks a near doubling of M&A activity year-over-year: In 2013 we tracked 17 transactions in digital health. Read on for a chronological review of the year in acquisitions:
January 2014 -- HealthSparq acquires Clarus Health Portland, Oregon-based Cambia Health subsidiary HealthSparq, an online...
October 1, 2013
Boston-based Healthrageous, which spun out of Partners Healthcare's Center for Connected Health in 2010, has closed up shop and sold off its assets. The once promising venture was based partially on the Center's SmartBeat blood pressure management program, which the provider piloted with EMC employees a few years ago to prove its efficacy.
For a short while the company was called HopSkipConnect....