On June 24, 2020, Accolade set the terms for its IPO. The startup will price 8.75 million shares at between $19 and $21, raising as much as $211 million. If it succeeds in raising that amount of money, its valuation will rise to around $1...
The Froedtert & MCW health network has expanded its digital health offerings to pregnant patients through a new integration between virtual obstetrical care platform Babyscripts and Xealth, a company that enables digital health at scale. This clinical solution is the latest measure in Froedtert &...
Proteus Digital Health, the maker of an ingestible sensor for tracking medication adherence, filed for Chapter 11 bankruptcy protection on June 15, 2020. In addition, Andrew Thompson stepped down as the company’s CEO, replaced by Lawrence Perkins of SierraConstellation Partners, who had previously been hired...
Aledade has been named one of The Washington Post’s 2020 Top Workplaces in the Washington, D.C., area. Selection is based solely on employee feedback gathered through an anonymous survey administered by research partner Energage, LLC, which measured several aspects of workplace culture, including alignment, execution,...
Walmart is acquiring technology and intellectual property from CareZone, a startup that makes it easier for people to manage multiple medications, Walmart confirmed to CNBC. CareZone got its start in 2010. It develops apps to help people manage their medicines. The company also developed technology that...
Augmedix has announced that Jennifer M. Carter, Vice President, Venture Operations at McKesson Ventures, will join its board of directors. At McKesson Ventures, Carter leads a team responsible for investing, fund management, portfolio development, marketing, and PR. She has more than 20 years of healthcare experience...
Aledade CEO Farzad Mostashari, MD, has been named one of Modern Healthcare’s 50 Most Influential Clinical Executives for 2020. The COVID-19 outbreak has been a stark reminder of how vital the healthcare industry is to local communities and the nation. Nobody knows this better than Aledade,...
Coronavirus has caused hospitals to cancel all but the most urgent appointments, and doctors are turning to telemedicine to take care of their patients from a distance. But behind the scenes, the pandemic is also accelerating a fundamental shift in the typical expensive, sluggish way...
The U.S. healthcare system may be among the best in the world, but the COVID-19 pandemic exposed major shortcomings in our ability to provide care in the face of a novel infection, wrote Kyruus CEO Graham Gardner in a recent article on the importance of...
Although states and cities are starting to ease social distancing mandates, many people still feel more comfortable doing what they can to minimize the risk of catching the coronavirus. To accommodate this, many doctors are offering telemedicine services. But if your doctor isn’t seeing patients...