In the News
Amazon continues its push into the pharmacy business, and has appointed a 14-year vet to run it
Amazon recently appointed Nader Kabbani to run its new pharmacy business. Kabbani, a 14-year veteran at Amazon, helped build the Kindle self-publishing platform and has served as the company’s vice president in the logistics business, is now “vice president of consumables, special projects,” according to a report by...
Constellation ShortList™ Virtual Care Platforms
Virtual healthcare technology has become the standard for healthcare because it enables better and more effective care. The most notable benefit of virtual care to patients is its convenience; rather than having to travel to and from a hospital or clinic to get or give care, patients can talk with their doctors or...
Propeller Health’s new deal with Orion Corporation extends its European reach
Wisconsin-based Propeller Health is partnering with Finnish pharmaceuticals and diagnostics company Orion Corporation to help European asthma and COPD sufferers. Starting in 2019, the companies will begin developing a custom-built Propeller sensor for Orion’s Easyhaler line of inhaled pulmonary drugs. These sensors...
American Well Unveils Next Generation of Multi-Function Telehealth Carts at HIMSS 2019
Telehealth company American Well announced the launch of the American Well 250 Cart, the most comprehensive cart to connect providers with thousands of specialists on demand. This is also the first integrated telemedicine device brought to market by American Well after its acquisition of Avizia in 2018. “We have...
Netsmart and American Well Partner to Address the Opioid Crisis at HIMSS19
Netsmart, a provider of electronic health records (EHR), solutions, and services to behavioral health, social services, and post-acute organizations, is partnering with American Well to provide a new approach to addressing the nation’s growing opioid crisis. The partnership was revealed as part of the...
Company that helps speed drug approvals raises $27 million
Manhattan-based health technology company Aetion has added $27 million to its previously announced Series B round, bringing the total raised in the round to $63 million and the company’s total funding to $77 million. The company attracted strategic investment from Sanofi, UCB, McKesson Ventures, and Horizon Health...
Aledade and Humana Announce Agreement Expanding Value-Based Care for Humana Medicare Advantage Members in Three States
Today, Aledade and health insurance and wellness company Humana announced a value-based care agreement to broaden the availability of coordinated, quality care for Humana Medicare Advantage members in Louisiana, Pennsylvania, and West Virginia. Through the Aledade-Humana agreement, physicians in those states will be...
Global Health Leaders Back Aetion with $27 Million Strategic Investment
Aetion, a healthcare technology company that delivers the real-world analytics and evidence platform needed to engage in value-based care, announced that it has attracted strategic investment from global leaders in biopharma and healthcare services, including McKesson Ventures; Sanofi; UCB; and Horizon Health...
M&A Analysis: 10 Reasons Why ResMed Acquired Propeller Health for $225M
On December 3, ResMed announced that it was acquiring digital therapeutics manufacturer Propeller Health for $225 million. Part of ResMed’s goal in making this acquisition is to help establish itself as a leader in COPD management across all stages of the disease. ResMed is not only interested in augmenting its...
Asthma-related ER visits decline by more than half for patients using digitally connected inhalers
Dignity Health and Propeller Health recently released the results of a newly published, peer-reviewed study that shows asthma-related emergency room visits declined by more than 50 percent for people who used connected, digital medicine to manage their disease. The study, published in World Allergy Organization...