Report: Optum in talks to acquire AbleTo for $470M
UnitedHealth Group’s Optum subsidiary is reportedly in advanced talks to acquire AbleTo. The company, which provides behavioral telehealth services, has seen an uptick in users during the pandemic.
UnitedHealth Group’s Optum subsidiary is reportedly in advanced talks to acquire AbleTo. The company, which provides behavioral telehealth services, has seen an uptick in users during the pandemic.
With worries over health and the economy affecting most employees, companies are looking for ways to roll out more mental health tools. In turn, many digital health startups have found new clients.
Heart failure patients reported reduced depression symptoms and better self-care after receiving behavioral therapy through telehealth services, according to a small study by AbleTo and Humana.
Rock Health's latest report found that in the first quarter of 2019, $986 million was invested across digital health deals, which is a little more than half the amount that was raised in Q1 2018.
Financial details of the deal were not disclosed in a news release, but an AbleTo spokesperson told CNBC the deal was "eight figures."
In addition to closing a Series A round led by Spring Lake Equity Partners, Forefront Telecare has announced its new CEO is Rob Rebak, the former president and CEO of AbleTo.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
New research from AbleTo, a provider of tech-enabled behavioral health solutions, found cost and stigma remain two of the primary reasons behind why consumers don't seek mental health treatment.
#CES2018 was chock-full of new technologies to check out on the healthcare front. But despite the overwhelming amount of booths and presentations, a few key trends emerged out of the Digital Health Summit.
On day two of the Digital Health Summit at CES, executives from three companies — CareMore, AbleTo and Seniorlink — discussed the government, policy and the shifting healthcare ecosystem.
The healthcare business works with self-insured employers and health plans to use technology to help people who identify themselves as depressed or coping with anxiety or stress.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
AbleTo CEO Rob Rebak talks about behavioral health technology provider's strategy and the role telepsychiatry will play.