telehealth
It was quickly recognised that the pandemic required tools to provide safe access to health and care at a distance. Scotland is demonstrating how a rapid telehealth transformation can be achieved says Nessa Barry of the Scottish government.
The company formerly known as Fit4D said that it would be using the funds to scale and accelerate market adoption of its virtual coaching and telemedicine services.
After news broke about the $18.5 million deal all eyes in the digital health world have been on Livongo and Teladoc.
Noting a spike in demand due to COVID-19, the company predicts that it will reach profitability by early 2021.
More than 60% of Medicare-eligible seniors say they’ve embraced technology more during the pandemic, according to a new survey from healthinsurance.
The company said its services are accessible to millions of people through partnerships with over 200 employers, health plans and other strategic partners.
Barriers to adoption include hearing issues, lack of tech abilities and visual difficulties.
Each Livongo share will be converted Teladoc stock at a 0.5920 exchange rate, plus an additional $11.44 in cash per stock.
Also: DarioHealth announced $28.6 million private placement transaction; StuffThatWorks launches with $9 million seed funding.
Virtual primary care customers living in specific regions will have the option to use Alto's app and services at no additional cost.