On 13th July this editor wrote a piece entitled “Wearables & mHealth: a few observations “ which included a paragraph on staff reductions at Medvivo which we suggested might be a part of an overall reduction in Medvivo’s engagement with telehealth. We had tried to contact the company beforehand, without success, however following publication of the story, this editor was then contacted by Andrew Cowie, Chief Executive of Medvivo. He kindly pointed that with the acquisition of Magna Careline, Medvivo’s headcount has actually increased by some 50, significantly more than the number who are en route to leaving the company. The other observation mentioned in the paragraph as supporting our concerns was, apparently, entirely coincidental (and transitory), and the following paragraph, which actually related to the BBC, was so worded that Medvivo (incorrectly) took it to refer to them. We therefore unreservedly apologise, and invite readers to check out the revised article.
Medvivo comes of age (UK)
A year after this editor began his three year stint with Telehealth Solutions, we had a corporate near-death experience, as money got very tight waiting for that first big telehealth order (thankfully it came, courtesy of NHS Norfolk). In those days of reduced salaries, and few employees, we could only dream of becoming a full service remote healthcare monitoring organisation.
This week’s announcement of the acquisition of Magna Careline shows how things have changed in just five years. After being acquired by Moonray Investors, (more…)
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