UnitedHealth Group Inc., the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. Founded five years ago, DivvyDose is a specialized pharmacy focused on patients with complicated medication needs. Customers get pre-sorted individual...
On a day when the tech-heavy Nasdaq Composite Index fell more than 3 percent, one new issue stood out. Shares of GoodRx soared 53 percent on their first trading day Wednesday (Sept. 23) after the company staged an initial public offering (IPO) at $33 a...
With telehealth exploding in popularity, Amwell went public Thursday (Sept. 17) and saw shares up 28 percent at closing, according to CNBC. Despite the rapid-fire adoption of telehealth as a preferred method of doctor’s visits as of late, co-CEO Ido Schoenberg said he doesn’t think...
Nuance Communications, through a partnership with Microsoft, is aiming to gather medical patient data through artificial intelligence (AI) to give doctors more time to focus on patient care, according to a press release. Nuance’s new Dragon Ambient eXperience (DAX) program will be activated via the...
The American healthcare system is sick — a story told in a runaway cost structure, subpar patient outcomes, frustrated physicians and what Sesame CEO David Goldhill called during a conversation with Karen Webster “315 million miserable stories about healthcare.” “Every single American has had some...
As it’s done in many industries, the global pandemic has added immense haste to the healthcare sector’s digitization roadmaps. Yet the industry’s trajectory since the pandemic hit has looked immensely different than any other. While other organizations struggled with shutdowns and work-from-home mandates, healthcare providers...
The direct to consumer (DTC) model is changing the way we get our goods and services across everything from makeup to meal kits. And it is upending healthcare too, perhaps most visibly in pharmaceuticals, where we can get our meds mailed, on autopilot. But drill...
After the pandemic, will the healthcare system get back to normal? The stupendous growth of Japan’s M3 Inc. indicates some changes made during the crisis are here to stay. M3, which has been largely backed by Sony, helps pharmaceutical companies, doctors and their patients access information online,...
Verily, an Alphabet company, is creating a new subsidiary, Coefficient Insurance Co., that will be backed by reinsurer Swiss Re Group, according to a Tuesday (Aug. 25) press release. The announcement said the partnership will take aim at controlling healthcare costs for self-insured employers. The partnership’s commercial,...
