TTA Hops for Spring: SOC Telemed snaps up Access, HIMSS SCANs, DOJ squints over Optum-Change, is Amazon Care a threat? And do health and tech need a pre-nup?

 

 

Weekly Alert

It’s Easter Holiday week. A good break from the M&A action with only an early SPAC, SOC Telemed, buying rival Access Physicians, and one notable raise. DOJ decides that the Optum buy of Change Healthcare needs a closer look. And an interview with Amwell’s CEO touching on Amazon Care and a POV on the uneasy marriage of healthcare and tech needing a pre-nup.

Weekend reading: the strange reasons why Amwell doesn’t consider Amazon a competitor; ground rules for the uneasy marriage of healthcare and technology (Both articles revealing in their own way. Do healthcare and tech need a pre-nup?)
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 (A quieter week than most recently!)
US Department of Justice decides additional scrutiny needed of $13bn Optum acquisition of Change Healthcare (Change won’t come quickly to Optum)

Spring Fever this week, as news, fundings, and M&A deals in the US and UK never ceased. Four hefty raises, three acquisitions–and one big one may be challenged. Amwell’s record revenue–and loss. Tunstall named a new chairman, NHS Digital losing its CEO. Propel@YH’s Demo Day showcasing northern startups is coming up on Wednesday. And more, including a 40 count indictment!

Deals and news roundup: Ginger’s $100M, myNEXUS to Anthem, Everlywell snaps up PWN, Amwell’s banner year, VA reviews Cerner rollout, voice visits for MA, GE’s vScan goes wireless, uBiome founders indicted
UK short news takes: Tunstall names new chair, Alcidion patient safety software partners with East Lancashire NHS Trust
Propel@YH’s Demo Day for participants next Wednesday 31 March
Breaking: Sarah Wilkinson, CEO of NHS Digital, resigns, to depart by summer
News and deals roundup: AHA opposes Optum buy of Change Healthcare; raises by Komodo Health, Evidation Health, Ro’s $500M; Appriss acquires PatientPing

A lot of news packed into only three articles this week, as March has its way with us. We lead with a rare and juicy corporate spy story. Kidney care finally gets attention, as does pain management and a UK mental telehealth startup. And Doctor on Demand’s merger points to virtual visit telehealth being unable to stand alone–and that Amazon may not realize what it’s getting into. 

CareCentrix files ‘corporate espionage’ on trade secrets lawsuit against Signify Health, former employee (David versus Goliath matchup–bring the popcorn)
News and deals roundup: Strive Health’s $140M for kidney care, coalition lobbies for more home telehealth, codes removed from PFS, Hinge Health buys Enso, HelloSelf £5M raise, Tyto Care adds (A lot for one article!)
Two major moves and what they mean: Doctor on Demand, Grand Rounds to merge; Amazon Care will go national by summer (updated) (Telehealth M&A, or else, and Amazon continues virtual care moves in a crowded market)

Finally, this week feels a bit like Spring–yet remarkably we don’t have a single deal of note this week for a change! UKTelehealthcare has a MarketPlace coming up on Tuesday. BETTEReHEALTH formed to support eHealth for population health in Africa. We round up the recent spike in healthcare hacks and ransomware breaches affecting many hundreds of thousands. Withings debuts out-of-the-box mobile connected devices, a point-of-care ad network juggernaut forms, and Bluestream Health adds a new health system.

UKTelehealthcare’s Digital MarketPlace: Tuesday 16th March (11:00 – 13:00) (Zooming again next Tuesday)
News roundup: Hacks, ransomware of medical records, security cameras spike; Withings launches new mobile-direct devices; Bluestream Health adds Leon Medical (FL) to telehealth  
Healthcare ad/patient ed network PatientPoint combining with once-hot Outcome Health (Creating an ad network jumbo)
BETTEReHEALTH project initiated to support eHealth solutions, improved outcomes in low-income African nations (Vital initiative for population health)

Is it Spring yet? Big IPO for Oscar Health, big funding for Dispatch Health and Tyto. Telehealth makes headway in US Congress. Plenty of weekend reading in Rock Health’s digital health report and latest installment of ISfTeH’s Century of Telemedicine series. Age-positive image library launches. And more!

Marketing alert! Age-positive image library launched by Centre for Ageing Better–and free to use (A boon to companies, organizations, and marketers. Well done!)
Weekend reading: ISfTeH’s ‘A Century of Telemedicine’, featuring the UK (Part 4 of a 5 part so far series)
News and deal roundup, 5 March: Oscar Health’s $1.4 billion IPO, telehealth expansion in Congress, what people *really* do during a telehealth visit (Dizziness persists)
Funding update, 4 March: big Series Ds for new unicorn Dispatch Health and Tyto Care; USDA’s $42M for rural telehealth; UK’s Perfect Ward hospital inspection app secures £4m (It’s dizzy out there…)
Rock Health/Stanford U Digital Health Adoption Report: high gear for telemedicine, digital health, but little broadening of demographics (Encouraging–and cautionary)
Coming up *this* Tuesday: UKTelehealthcare All IP Forum Webinar Tuesday 2 March (Now past, but has dates and links to coming UKTHC activities)

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Donna Cusano, Editor In Chief
donna.cusano@telecareaware.com

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