
Teladoc backs national virtual primary care plan for self-funded companies
The plans, which will be offered by Aetna, are based on Teladoc’s physician care team model, and also includes providers through Aetna’s network and CVS Health services.
The plans, which will be offered by Aetna, are based on Teladoc’s physician care team model, and also includes providers through Aetna’s network and CVS Health services.
A new report by Trilliant Health shows that demand for telehealth services is expected to decrease or remain flat across the U.S. In the meantime, telehealth companies are making more modest projections for the year as competition ramps up.
Amazon has announced its first customer for its Amazon Care telehealth business aimed at employers. While who the customer is not particularly notable, Amazon's billing structure is - the ecommerce behemoth is moving away from the usual per-member per-month payment structure that many vendors still use.
Amazon is rolling out a telehealth service for other companies to offer as an employee benefit. But scale alone will not help it to unseat well-known telehealth brands in an increasingly competitive space.
After a year of record growth, Teladoc set expectations for limited growth in its paid memberships and visits in 2021. But the company still sees long-term opportunities with a primary care pilot it is launching and its acquisition of Livongo.
Teladoc Health Head of R&D Yulun Wang highlights the impact of virtual care in underserved populations around the globe through the World Telehealth Initiative's (WTI) work at the HOPE Field Hospital in the Kutupalong Refugee Camp in Bangladesh.
Healthcare technology companies raised a record of $15.3 billion in 2020, according to a report from Silicon Valley Bank. For the first time, digital health companies surpassed biopharma for the number of deals.
Some of the biggest legal stories of the year include patients attempting to mount a class action lawsuit against Mayo Clinic after an employee improperly viewed more than 1,600 health records and the Supreme Court hearing opening arguments in a case challenging the constitutionality of the ACA's individual mandate.
The two companies finalized their merger on Friday, with Livongo becoming a subsidiary of Teladoc. Shareholders overwhelmingly approved the deal on Thursday.
Teladoc Health has sued competitor American Well for patent infringement. The company is seeking unspecified damages and a ruling that would prevent AmWell from using the telemedicine cart technology that Teladoc claims to hold the patents for.
After Teladoc and Livongo merge, several of the company’s top executives, including CEO Zane Burke and President Dr. Jennifer Schneider, will leave the combined company, according to a recent filing.
The companies made their first cross-sale to Guidewell Health, the parent company of Florida Blue. Livongo’s diabetes platform will become available to 50,000 of the insurer’s members.
Despite the Covid-19 pandemic, rising unemployment, and 2020’s other woes, healthcare technology firms continue to go public. So far, six health tech firms have already gone public in 2020.
The rise of digital in the health care ecosystem is also making the consumer experience increasingly fragmented and overly complex.
The two fast-growing digital health companies struck a merger agreement on Wednesday. Teladoc will acquire Livongo in a deal that would value the startup at a whopping $18.5 billion.