October 11, 2017
Health enterprise software company Welltok has acquired Tea Leaves Health from j2 Global subsidiary Ziff Davis for north of $80.8 million. While the company didn't disclose the amount of the acquisition, CEO Jeff Margolis told MobiHealthNews in an interview that the company was required to file with the FTC under the Hart-Scott-Rodino Act, and that $80.8 million is the HSR reporting threshold....
September 21, 2017
Health enterprise software company Welltok has hired a new chief financial officer. Chris Power previously served as CFO at a number of companies including Paycor and LifeLock, both of which are software as a service companies.
“Chris is an exceptional leader who brings tremendous financial depth and operating know-how to our fast-growing organization,” Jeff Margolis, chairman and CEO of Welltok...
August 18, 2017
This story has been edited to include additional companies.
It's become an annual tradition for MobiHealthNews to parse Inc. Magazine's Inc 5,000 list of fastest growing companies in America, calling out the digital health and health tech companies that made the list. We found more companies than ever on this year's list, some you'll recognize and some you may not.
While MobiHealthNews doesn’t...
April 12, 2017
Bloomington, Minnesota-based HealthPartners, an integrated nonprofit healthcare organization serving some 1.5 million medical and dental health plan members, has teamed up with consumer health SaaS company Welltok to offer members a personalized health platform.
HealthPartners is one of the nation’s consumer-governed largest nonprofit health care organizations, and serves patients across several...
February 13, 2017
Big Health has hired Kelvin Kwong, former director of product management at Jawbone, to be its vice president of product management. Big Health is currently focused on the sleep space with its app Sleepio, so it makes sense to hire a Jawbone vet -- the tracker company invested quite a bit in sleep tracking before its recent pivot toward medical devices.
Big Heath also announced the hire on Dr....
January 24, 2017
Pharmaceutical company Boehringer Ingelheim is partnering with Inovalon, a data analytics company that provides cloud-based platforms to the healthcare industry to facilitate the shift from volume to value-based care, on behalf of Boehringer Ingelheim’s diabetes alliance with Eli Lilly. Leveraging Inovalon’s platform, the partnership will work to support outcomes-based contracting, taking...
January 16, 2017
Health enterprise SaaS company Welltok announced an expanded partnership with IBM Watson Health. Health managers using Welltok’s CafeWell Health Optimization Platform to organize individual’s health resources and benefits will have the data analytics and cognitive computing technology of IBM Watson to improve their approach to consumer health, including episodic clinical care and everyday...
January 4, 2017
According to Rock Health's new end-of-the-year funding report, total digital health funding was down to $4.2 billion, an 8 percent drop from 2015's total of $4.6 billion. But even though less money was infused into the industry, 8 percent more companies received funding: 296 versus 273 last year, a record number of companies funded.
Interestingly, nearly 20 percent of the funding was wrapped up...
October 19, 2016
IBM has partnered with Quest Diagnostics to launch a new precision medicine service that blends cognitive computing with genomic tumor sequencing. The service, IBM Watson Genomics from Quest Diagnostics, allows a physician to send a tissue sample to Quest, which will sequence the tumor DNA and send the genetic data through Watson for analysis. Watson runs through its reposititory of literature,...
October 13, 2016
Highmark, which is the fourth largest Blue Cross Blue Shield insurer in the US and covers patients in Pennsylvania, Delaware and West Virginia, has tapped Denver-based Welltok to offer a rewards program to members in its Medicare Advantage Passport program.
Up until now, the Passport program has provider Highmark Medicare Advantage members with benefit information, savings opportunities and a...