July 23, 2020
Consumer wellness and telehealth company Hims could be the next to throw its hat into the public markets.
According to a report from Reuters, the startup is weighing a potential sale to an unnamed special purpose acquisition company (SPAC) – a "blank-check company" that uses the proceeds of an IPO to acquire or merge another business.
The deal would value Hims at over $1 billion, Reuters' sources...
May 13, 2020
Less than a week after the first home-collected saliva test for COVID-19 was authorized by the FDA, at least two consumer-facing telehealth brands say they have cut deals to sell these test kits to the public.
The first is consumer telehealth company Hims & Hers, best known for its mail-order wellness and sexual health products for men and women.
While the well-funded startup has...
January 22, 2020
The skinny on acquisition news. This morning Providence St. Joseph Health announced that it was acquiring weight management program HMR (Health Management Resources) from Merck. The tech-enabled program offers an app with weight loss resources, group phone coaching and in-person classes. Prior to this acquisition three of HMR’s clinics were inside of Providence facilities, and the organization...
November 14, 2019
Hims & Hers, an online mail-order health company that uses remote consultations to prescribe cosmetic and sexual health products, has rolled out a new app for users.
The app will offer almost identical services and links as the original platform, and will give users access to asynchronous healthcare visits and prescription products such as birth control and erectile dysfunction medication...