April 6, 2015
Existing UnitedHealthCare tool
At the HxRefactored event in Boston last week, UnitedHealth Group Vice President of Innovation and R&D Kunjorn Chambundabongse discussed the strategy behind the payor's internal incubation group and revealed one of the group's newest projects, a vending machine that will sync up with employee wellness plans.
Chambundabongse said that, according to IDC, one...
March 24, 2015
Recent months have brought with them a number of important hires and departures at digital health companies. Here's a roundup of some of the ones we've been tracking. Feel free to add your own in the comments below.
Chris Bergstrom has stepped away from his full-time position of Chief Strategy and Commercial Officer at WellDoc, but he will remain an advisor to the company. As a...
March 17, 2015
OptimizeMe, the Zurich, Switzerland-based life logging app that interprets wellness data users collect through apps and devices, will soon launch its second version under a new name, following an "amicable legal dispute resolution" with UnitedHealth Group.
OptimizeMe shares a very similar name with United's employee wellness app OptumizeMe, and United holds the trademark on the name. Under the...
March 19, 2014
The InstaMed Go iPad app.
Electronic medical payment network InstaMed has launched a mobile app called InstaMed Go. The mobile app will allow providers who use InstaMed to collect payments at the bedside or anywhere in the hospital.
"InstaMed Go is our application for healthcare providers, and really what we've done is we've taken everything they could do on our desktop application and...
March 6, 2014
Steve Krupa, Managing Member, Psilos
"We are about to have a significant flip in the competitive dynamics of healthcare," Steve Krupa, managing member and Chief Operating Officer, of healthcare investment firm Psilos told MobiHealthNews in a recent interview. "It’s going to be quite severe and shocking across the board for the big and small players delivering health insurance, providers, and...
March 4, 2014
Overweight and obese children lost weight and demonstrated a significant increase in physical activity after using a 16-week weight management program that incorporates active video gaming, according to a study which will be published in the May issue of the Journal of the American Medical Association (JAMA) Pediatrics.
Seventy five children, ages eight to 12, participated in the trial at their...
March 3, 2014
Castlight Health looks to raise about $111 million in its IPO, according to an updated SEC filing. The company is offering 11.1 million shares in the IPO and its underwriters have the option to purchase an additional 1.65 million shares. The stock will be listed on the New York Stock Exchange under the symbol "CSLT". While Castlight recorded revenues of $1.9 million, $4.2 million and $13.0...
February 28, 2014
Mark Bertolini, CEO, Aetna | Photo Credit: HIMSS 2014 Event Staff
By Jonah Comstock
There may not have been a lot of news from payers (or health insurance companies) at HIMSS 2014 in Orlando, Florida, but their presence was definitely felt. Aetna CEO Mark Bertolini's keynote address laid out the stakes well: healthcare costs are rising markedly, and it's everyone's job to try to keep them down...
February 19, 2014
Optum, a division of the UnitedHealth Group, has purchased a majority stake in Audax Health Solutions in a deal "which included cash, options, preferred stock, and significant working capital," according to Audax.
Around the same time, Audax filed a $29 million funding raise with the SEC. It's likely that Optum's investment was contained within that round. UPDATE: Audax has told MobiHealthNews...
January 23, 2014
Earlier this month the Federal Trade Commission published a notice that granted UnitedHealth Group a preliminary green light to acquire Audax Health Solutions. These notices are granted both for outright acquisitions and for larger investments that include a large stake in the company. Since neither UnitedHealth Group nor Audax Health has commented yet, it's unclear which is in the works, but the...