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TTA’s Chill Spring 1: wobbly Walmart Health’s telehealth buy, what health looks like post-Covid, East of England stroke care, hot fundings for Vida and Kry–and Theranos’ lavish lifestyle days in court

...Buddi floating on the LSE this year, PlushCare bought for $450M, and Capsule’s $300 raise. Amwell raises its low profile a bit with a new platform and a surprise. And in dustups–David (AliveCor) takes on Goliath (Apple) about patent infringement on the core of AliveCor’s business. Breaking: NHS Digital appoints Simon Bolton interim CEO 2021 UK-RAS Network Robotics Summer Showcase 5 May-30 July and UK Festival of Robotics 19-25 June (If you’re interested in healthcare or other robotics, this is the place–and not just for the UK) David sues Goliath: AliveCor claims patent infringement by Apple–ITC filing requests bar on... Continue Reading

OnePerspective: Covid-19 accelerates digital stroke care for the East of England

...of March 2021 we have assessed over 4,300 patients. Of these, 1,846 were thrombolysed, and just a fifth of those who weren’t had missed the national 4.5 hour target (the rest saw their condition change or were not experiencing a stroke). A health economic analysis by the University of East Anglia showed that the service is cost-effective and delivers clinically effective outcomes for patients, with reduced length of hospital stay. So, we have been looking to expand. Pilots and frustrations: Supported by the Eastern Academic Health Science Network’s (AHSN) Digital Pioneer Programme, we were able to run a feasibility study... Continue Reading

TTA’s April closes with a !!: NHS’ interim CEO, AliveCor takes Apple to court–again, Amwell’s new platform with TV surprise, Buddi’s £500M LSE float, $$ rolls on for PlushCare and Capsule, UK robotics festival, King’s Fund, more

    Weekly Alert April closes with a !! NHS Digital appoints an interim CEO. A brace of UK virtual conference events starts in May–robotics is of interest internationally. Deals and funding include Buddi floating on the LSE this year, PlushCare bought for $450M, and Capsule’s $300 raise. Amwell raises its low profile a bit with a new platform and a surprise. And in dustups–David (AliveCor) takes on Goliath (Apple) about patent infringement on the core of AliveCor’s business. Breaking: NHS Digital appoints Simon Bolton interim CEO 2021 UK-RAS Network Robotics Summer Showcase 5 May-30 July and UK Festival of... Continue Reading

2021 UK-RAS Network Robotics Summer Showcase 5 May-30 July and UK Festival of Robotics 19-25 June

...people manage, control, and cooperate with remote robots from the safety of a control room. The Ethical Black Box in Human-Robot Dialogue (13th July 2pm – 3.30pm BST) – virtual demonstration of the Ethical Black Box platform – developed by researchers at the University of Oxford and Bristol Robotics Lab – which collects data for use in the event of an accident. The Showcase closes in July with virtual award ceremonies for the prestigious international Surgical Robot Challenge and Medical Robotics for Contagious Diseases Challenge, the much-anticipated launch of the UK-RAS Network 2021 White Papers, and concludes with the Robotics... Continue Reading

Upcoming UK digital health events: The King’s Fund 24-27 May, UKTelehealthcare Marketplaces & Forum

...a free one-hour virtual event in conjunction with GSK on how using inhalers remotely has challenged clinicians, patients and colleagues, and discuss what this means about the nature of delivering health and care services. Tuesday 25 May 1pm-2pm BST. Information and registration. The King’s Fund event calendar is here. UKTelehealthcare’s next events are coming up in June. Watch this page or click on their sidebar advert for further information on their upcoming Marketplace and Forum events. 1st Digital MarketPlace (11.00-13.00) Tuesday 8th June 2021 UKTelehealthcare Forum (11.00-13.00) Tuesday 15th June 2021 2nd Digital MarketPlace (11.00-13.00) Tuesday 29th June 2021  ... Continue Reading

A new event–and not all virtual! HLTH and CHIME to launch ViVE in March 2022.

...For more information on the event or to register interest as a sponsor or partner, see the ViVE page. Release. (This Editor admits that the thought of a new and in-person conference is exciting. It’s nice to contemplate normality!) CHIME is a 5,000-member association of C-level and senior healthcare IT leaders across 56 countries. The organization parted from the annual HIMSS event this year in Las Vegas 9-13 August, which will be a hybrid in-person and virtual conference [TTA 4 Feb]. Registration and information on the event have been updated. The HLTH 2021 next event is in Boston 17-20 October.... Continue Reading

News and deal roundup: Microsoft’s $20B deal for Nuance; Cigna Evernorth finalizes MDLive; GoodRx buys HealthiNation; Papa’s $60M Series C

Our Big Deal is Microsoft’s acquisition of Nuance Communications, a cloud and AI-based speech recognition company which has been a leader in healthcare for a few decades. Most recognizable are their Dragon and PowerScribe trade names. Microsoft is paying $56.00 per share, a 23 percent premium to the closing price of Nuance on 9 April, an all-cash transaction valued at $19.7 bn. Closing is projected to be end of 2021 as subject to regulatory and final shareholder approvals. Nuance and Microsoft have closely worked together for some time with Microsoft Cloud using Nuance speech recognition and Nuance clinical speech recognition... Continue Reading

Weekend reading: the strange reasons why Amwell doesn’t consider Amazon a competitor; ground rules for the uneasy marriage of healthcare and technology

Yahoo Finance interviewed co-CEO/founder of Amwell Ido Schoenburg, MD on the company’s 2020 results and forecast for 2021. It makes for interesting but convoluted reading on their growth last year in what is a consolidating field where Amwell was once one of the undisputed two leaders. They now compete against payers acquiring telehealth companies (MDLive going to Optum) and mergers like Doctor on Demand-Grand Rounds that are taking increasing market shares. Then there are specialty providers like SOC Telemed and white-labels like Bluestream Health. However, there are a couple of whoppers in the happy talk of growth for all. Dr.... Continue Reading

Deals and news roundup, April Fool’s Edition: SOC Telemed’s $196M acute care telehealth buy, HIMSS takes over SCAN Health, Livongo’s Burke joins Owlet board, CirrusMD text app raises $20M

...revenue, up from $66.2 million in 2019. Q4 was a mixed bag: a 95 percent increase in Q4 bookings but a 13 percent revenue decline due to reduced hospital visits. Losses are limited–a net loss per share of $3.55 which is light for like telehealth companies (more in SOC release). For 2021, the projection is $107 to $113 million in pro forma annual revenue. SOC Telemed was one of the first digital health companies to use a SPAC to go public (amazingly) less than one year ago and with substantial assets at formation [TTA 4 Aug 20]. The combined company... Continue Reading

US Department of Justice decides additional scrutiny needed of $13bn Optum acquisition of Change Healthcare

...represented by the American Hospital Association (AHA) very nervous indeed [TTA 25 Mar] regarding pricing of these services–and they expressed their misgivings cogently in a seven-page letter (PDF link) to DOJ on 17 March. In their view, Change integrated into OptumInsight would reduce competition and increase pricing in RCM, claims clearinghouse and payment accuracy services, and clinical decision support services. Why it’s important. The closing of the $13 bn deal, originally forecast as second half 2021, now has a decent likelihood of being postponed. As CVS and Aetna found between 2017 and 2019, once the objections start in the flashpoint... Continue Reading