May 28, 2015
Physicians who meet with patients via direct to consumer telemedicine services are just as likely to prescribe antibiotics as those who conduct in-person visits, according to a study conducted by Rand Corporation. The study was published in The Journal of the American Medical Association (JAMA) Internal Medicine.
The study examined health plan claims from 1,725 patients who used telemedicine...
May 19, 2015
Jawbone's UP2 device
Some 20 percent of investors said they expect Jawbone to go public this year, according to a Rock Health survey of 43 investors. Jawbone has raised an estimated $725 million, the seed fund reported.
Rock Health released the survey just a few weeks after activity tracker company Fitbit filed the initial paperwork that puts it on the path for an IPO. In the company's filing...
April 30, 2015
One month ago, I wrote about how a Supreme Court case with little to do with digital health on the surface could turn out to be a game changer for telemedicine. It only took a month for the first lawsuit to put that new precedent to the test, and the players involved are big ones. Fresh off the news of its IPO filing, Dallas, Texas-based Teladoc sued the Texas Medical Board, alleging that a...
April 29, 2015
Teladoc, a large and fast-growing video visits company based in Dallas, Texas, has taken the first step toward filing an initial public offering, according to a statement from the company. Teladoc filed a confidential S-1 form with the SEC and expressed an intention to file an IPO following the SEC's review process.
The Deal had the scoop about a month ago from three investment bankers, one of ...
April 20, 2015
An Oscar-branded Misfit Flash device.
New York City-based health insurance startup Oscar raised $145 million in a round led by Peter Thiel and Brian Singerman from Founders Fund. Other contributors to the round include new investors Li Ka-shing of Horizons Ventures, the Wellington Management Company and Goldman Sachs, in addition to all existing investors, a group that includes Box Group, ...
March 24, 2015
Rep. Dan Sullivan
The Arkansas House of Representatives has voted down a bill that would allow telemedicine companies to offer services within the state. The bill was defeated 41-21 with two people voting present.
The bill was sponsored by Rep. Dan Sullivan (R-Jonesboro) who explained in the hearing that the bill specifically addressed "the opportunity to do certain primary care activities,...
December 22, 2014
LifeWise Health Plan of Oregon announced plans to cover video visits to its members starting in the new year. While the plan will pay for video visits between patients and their providers, LifeWise also partnered with video visits company Teladoc to make its video visits service available to members.
Portland, Oregon-based LifeWise along with its partners Premera Blue Cross, Premera Blue Cross...
November 5, 2014
In May, Oscar, the New York-based individual-only insurance plan raised $80 million at close to a $1 billion valuation. That brought the company's total funding to $150 million. It's an impressive feat for a small startup attempting to compete in health insurance, which is so thoroughly dominated by huge legacy players.
At IBF's Digital Healthcare Innovation Summit in Boston, Oscar co-founder...
November 4, 2014
As telemedicine continues to grow in adoption and support, two of the most high profile telemedicine CEOs -- Teladoc's Jason Gorevic and Doctor on Demand's Adam Jackson -- shared the stage at the Digital Healthcare Innovation Summit with Dr. Allan Khoury, a Towers Watson senior health management consultant with a focus on the burgeoning field. The panel discussed telemedicine adoption and the...
September 22, 2014
Dallas, Texas-based virtual visits company Teladoc raised $50 million, according to an SEC filing. The round was led by Jafco Ventures with additional funding from FLAG Capital Management, Greenspring Associates, Mellon, and QuestMark Partners. This brings the company's total funding to about $96.6 million.
Existing investors who also contributed to this round include Kleiner Perkins Caufield...