November 21, 2019
Earlier this month Google announced its plans acquire Fitbit for roughly $2.1 billion, shaking up the wearable industry, opening up a number of questions about exactly what lies ahead, and what an integration of the two companies looks like.
But the wearables company has long planted its roots in a handful of different markets and business strategies — consumer trackers, health plan partnerships...
October 9, 2019
Medicare Advantage plan reimbursing for Apple Watches. Startup Medicare payer Devoted Health will be offering Apple Watches to its members as a fitness benefit, according to a report from CNBC that MobiHealthNews confirmed with the company. Devoted Health wrote in its marketing materials that it will be covering $150 of the cost of “wearable devices like an Apple Watch” per year alongside other...
September 6, 2019
Abhinav Shashank is the cofounder and CEO at Innovaccer Inc. Abhinav has led the San Francisco-based healthcare data activation platform company since its inception in 2014. Under his supervision, Innovaccer developed its proprietary healthcare data activation platform.
We dream of a healthcare system that encircles all citizens and connects them to the common thread of care, which is built on...
April 30, 2019
The Centers for Medicare and Medicare Services has recognized chronic disease management company Livongo as an enrolled provider for Medicare Advantage members, the startup announced this morning in a release.
And, to kick off its new designation, Livongo’s diabetes management offering will be available this June to Medicare Advantage members receiving care through a Cambia Health Solution...
March 28, 2019
Editor's note: A previous version of this article stated that a billing incident involving Clover Health occurred last year, rather than in 2015. This has been corrected below.
Clover Health, an Alphabet-backed insurtech startup focusing on the Medicare Advantage market, is restructuring its internal teams in an attempt to bring on healthcare insurance and health IT expertise, the result of...
February 7, 2019
This morning the Mayo Clinic announced that it is teaming up with technology company Leidos to build an accelerator on the former’s Jacksonville, Florida campus. The new accelerator will be using Leidos’ integration systems and applied public health applications. The goal is to develop and commercialize products.
"The shared values and deep passion for transforming healthcare make this...
February 7, 2019
Thanks to a new CMS rule supporting more non-medical support services, Lyft announced today in a blog post that it will be expanding two existing partnerships to bring company’s non-emergency medical transport (NEMT) service to Medicare Advantage (MA) plans.
The first builds on a roughly 19-month relationships with Blue Cross Blue Shield, and will provide NEMT to certain BCBS MA plans by the...
January 30, 2019
Clover Health, an insurtech startup targeting the Medicare Advantage market, will close a new round of funding within the next couple of weeks led by Greenoaks Capital, Clover CEO Vivek Garipalli announced in a Medium post yesterday. TechCrunch reports that the upcoming round will be valued at $500 million, although a representative of the company who confirmed the funding to MobiHealthNews said...
March 5, 2018
On its fourth quarter earnings call, Teladoc reported increases in total visits, utilization, and revenues, but also in net loss. CEO Jason Gorevic was optimistic, pointing to positive developments in Washington and the success of the platform during this year's worse-than-normal flu service.
Teladoc’s full-year revenue for 2017 was $77 million, a 106 percent increase from 2016. Net loss, however...
September 27, 2017
Senate Bill 870, the Creating High-Quality Results and Outcomes Necessary to Improve Chronic Care Act of 2017, or CHRONIC Act for short, has passed in the Senate by a unanimous vote. Among other things, the bill, which was originally introduced in April by Senator Orrin Hatch (R - Utah), includes provisions that would expand Medicare coverage for telemedicine.
Along with expanding telemedicine...