In the News
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...
Mission to Serve ‘Poor and Vulnerable’ Guides This Health Care Impact Investment Fund
Nonprofit Providence St. Joseph Health is the third largest healthcare system in the United States. In addition to operating healthcare facilities, the organization has launched Providence Ventures, a $150 million healthcare impact investment fund. “We’re working to bring healthcare into the digital and consumer age...
App Annie Names American Well the #1 Downloaded Telehealth Platform in the US for iOS and Android Combined
App Annie, the mobile performance standard, ranked telehealth apps by the number of iOS and Google Play downloads combined, and has determined that by that metric, American Well is the #1 telehealth platform in the U.S. This isn’t the first year American Well’s consumer app, Amwell, has been named the most popular...
Augmedix’s EHR Documentation Platform Enters Innovative Pilot with Award-Winning iKnowMed Oncology EHR
McKesson Corporation and Augmedix announced the expansion of an innovative pilot between the Augmedix electronic health record (EHR) documentation platform and the McKesson oncology EHR iKnowMed. Augmedix outfits physicians with Glass eyewear from Alphabet’s moonshot factory. This wearable technology is then used...
ResMed to Acquire Propeller Health, a Leader in COPD and Asthma Connected Health Solutions, for $225 Million
ResMed, a company that creates cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS), today announced that it has entered a definitive agreement to acquire Propeller Health, a digital therapeutics company providing connected health solutions for people living with chronic obstructive...
Digital Innovation & the First Mover Advantage for Health Systems
“It’s no secret that healthcare has long lagged other industries when it comes to the adoption of digital technology,” wrote Kyruus CEO Graham Gardner in a recent essay. However, he warned, “healthcare industry trends—particularly the rise of consumerism—are driving a clear urgency around digital competence.”...
Telehealth Faces Legal Obstacles Before It Can Take Off
Recent proposed government expansion of telehealth services is facing obstacles ranging from how to license doctors performing telehealth to how to pay for the services. Telehealth has generally been offered to rural patients so they don’t have to travel long distances to see their provider in person. The proposed...
Woolsey Fire: SoCal community offers free resources to first responders, families affected by blaze
Community members and companies all across the nation are rallying around those affected by the Woolsey fire, offering goods, services, and support. Those that are stepping up to help are healthcare company American Well, the Substance Abuse and Mental Health Services Administration, and many local businesses and...
Ochsner brings new healthcare experience to Louisiana with virtual visits
Louisiana-based Ochsner Health System is now offering its patients a virtual visit platform for urgent care visits. The system, called Ochsner Anywhere Care, is powered by a partnership with American Well. It gives consumers the ability to connect with board-certified primary care providers for secure, live,...