Many U.S. parents are working overtime this summer to try to get their kids off the couch and out from behind their video games for fear that spending too much time navigating virtual worlds will come at the expense of learning how to navigate the...
Healthcare company Infermedica has raised $10.25 million in a venture funding round involving two new investors, EBRD and Heal Capital, along with existing investors Karma Ventures, Inovo Venture Partners and DreamIT Ventures. “The new funds will help us grow into the next stage of our evolution, focused on...
Telemedicine and virtual healthcare company Teladoc Health and California-based Livongo Health Inc., which provides digital health management for chronic conditions, have agreed to merge, the companies announced Wednesday (Aug. 5). Under the terms of the $18.5 billion agreement, each share of Livongo will be exchanged...
Alibaba Health Information Technology plans to pump the $1.3 billion it raised in a secondary offering on the Hong Kong stock exchange to expand its eCommerce pharmaceutical business as it rides a wave of growth amid the coronavirus. Alibaba Health, a subsidiary of Chinese online...
U.S. President Donald Trump is expected to sign a new executive order improving telehealth and general care for rural areas that don’t have as much access, Politico reported. In the more rural areas of the country, hospitals have been struggling to keep up with the...
“There’s got to be a better way.” That single phrase has started plenty of innovative companies when uttered by frustrated entrepreneurs who find themselves running headlong into something that should be easy but isn’t. Nick Desai, co-founder and CEO of medical disruptor Heal, found himself...
Large pharmacy chains selling mixed merchandise are a mainstay of life throughout the developed world. Familiar planograms with the pharmacy in back, pulling shoppers through rows of candy and cosmetics to get their medicine is an everyday routine. Or it was. Big Pharmacy’s reliance on...
U.S. hospitals want Congress to forgive $100 billion in Medicare loans that were made earlier this year to help the healthcare system amid the coronavirus crisis, CNBC reports. The problem comes from the fact that the administration will begin withholding new Medicare payments Aug. 1...
Getting U.S. patients to use telehealth services was a challenge in a pre-COVID world, with JD Power finding that only 10 percent of consumers used telemedicine in 2019. But then the pandemic hit, doctors’ offices shut down and patients and providers suddenly saw telehealth in a new light. A recent study of patient visits at...
