The market is wondering what to make of GoodRx after a mixed earnings report last week. Q1 revenue was up 20 percent, rising to $160.4 million from $133.4 million a year earlier. But net income was a miss — down $27.3 million to $1.7 million,...
New York City-based Cedar has struck a $425 million deal to buy Ooda Health, a healthcare technology company. A press release issued on Thursday (May 13) said that Cedar will now “address the full set of challenges consumers face when paying for healthcare.” Cedar, which...
The best way to improve a fragmented industry, to take far-flung stakeholders and create an ecosystem, is through a digital front door, a single point of access that gets everyone working together. We’re seeing it in commerce, to be sure, but the connectivity that is...
According to data released by LendingTree, medical debt is a costly anchor on the financial lives of many consumers. Nearly two-thirds of all consumers report either being in or having been in medical debt in the past — debt mostly incurred due to unforeseen and...
Voya Financial Inc. will purchase the third-party health savings and spending accounts administrator Benefit Strategies, Voya announced in a Monday (May 10) press release. Headquartered in New Hampshire, Benefit Strategies offers administrative services that include COBRA, direct billing, health savings accounts and health reimbursement arrangements...
Walmart Health has entered into an agreement to acquire MeMD, a multi-specialty telehealth partner, according to a Thursday (May 6) press release. The release said the acquisition works toward Walmart’s goal of “integrated, omnichannel health delivery that leverages data and technology to improve engagement, health...
Jack Ma’s Ant Group is in talks with regulators in China to revive its crowdfunded medical coverage unit, Xiang Hu Bao, and develop it into a regulated company, The Wall Street Journal reported on Thursday (May 6), citing sources. Xiang Hu Bao — which means...
Virtual care provider Doctor On Demand is launching a 24/7 chat-based coaching tool to address subclinical behavioral health needs, building on the company’s clinical practice of therapy, psychiatry, integrated virtual primary care and care team navigation to offer a true end-to-end solution. Virtual care provider...
As anyone who’s ever had an elderly relative go through the healthcare system knows, maintaining consistent patient records is critical. Often, a patient will be treated in a hospital, sent to a nursing home and then sent back to a hospital as health conditions change,...
