June 8, 2015
Teladoc's road to IPO may prove to be a bumpy one thanks to a new legal battle with American Well. American Well's lawsuit, filed today in Massachusetts District Court, alleges that Teladoc's technology platform willingly infringes on a 2007 American Well patent. The suit asks for triple damages plus court fees, as well as an injunction against Teladoc continuing to do business.
June 4, 2015
While Teladoc has been pulling in a lot of press lately with its IPO news, competitor American Well has been busy too, securing an eight-figure investment from Israeli pharmaceutical giant Teva, according to a recent report in Israeli publication Globes.
According to Globes, the investment of "tens of millions of dollars" is part of a new push into digital health by Teva, which has also included...
June 1, 2015
In late April news broke that remote visits company Teladoc had taken the first steps toward filing for an IPO, but the initial filing was private. Over the weekend the first public draft of its S-1 filing was published to the SEC's site, revealing a bevy metrics about the private company, including its financial performance to date and details surrounding the acquisitions it has made in the past...
May 5, 2015
New York City-based digital healthcare service Sherpaa has raised an additional $2.25 million, according to an SEC filing. The funding is an amendment to last year's $4 million round. This brings the company's total funding to at least $8 million.
Past investors include O’Reilly Alpha Tech Ventures, First Round Capital, Collaborative Fund, and angels including Tumblr founder David Karp, ex-...
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
MultiCare Health System has announced that it will offer video visits to Washington-based patients via Doctor On Demand.
The new service will be co-branded as MultiCare Doctor On Demand, and will allow anyone in the state of Washington to communicate with a physician about different medical issues, including flu, cough, eye infections, UTIs, and sports injuries for $40.
Information from the...
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
The number of people using home health technologies will increase from 14.3 million worldwide in 2014 to 78.5 million by 2020, according to a report from Tractica.
In Tractica's view, home health technologies include offerings that allow providers to remotely monitor patients with chronic conditions, use technology to improve care for elderly people, and conduct virtual visits...
April 15, 2015
Sunrise, Florida-based MDLive, which offers patient-to-physician remote visits via mobile devices, has partnered with Microsoft to deliver telehealth services through Microsoft's Skype for Business offering.
Microsoft acquired Skype in 2011 and just this week announced a new product, called Skype for Business, which will replace Microsoft's legacy video conferencing offering, Lync. Skype for...
March 16, 2015
Earlier this month Washington DC-based telehealth startup, Pacify, has raised $1.1 million from local accelerator Acceleprise and a dozen angel investors. The startup is initially focused on pediatrics and connecting new parents with lactation consultants, nurses, and dietitians via video visits through a mobile app. The company's service is not yet commercially launched but it is being used by a...