A draft review of research regarding telemedicine concludes that it generally provides as good a quality of care as in-person services and may reduce costs in some instances.
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Telemedicine vendor Teladoc is buying Advance Medical, which focuses on global virtual care solutions, for a whopping $352 million.
https://home.modernhealthcare.com/clickshare/authenticateUserSubscription.do?CSProduct=modernhealthcare-metered&CSAuthReq=1:TG5KRjZvQjhtRmNTUFllUy8wO:AID:BE611CC2B5138E2F16242A7BEFBA8946&AID=/20180604/TRANSFORMATION02/180609973&title=Teladoc%20acquires%20Advance%20Medical%20for%20%24352%20million&CSTargetURL=http://www.modernhealthcare.com/article/20180604/TRANSFORMATION02/180609973?utm_source=modernhealthcare&utm_medium=email&utm_content=20180604-TRANSFORMATION02-180609973&utm_campaign=hitsLike many companies, Nokia has found digital health rarely lives up to the hype. The company paid 170 million euros for Withings, a digital scale and weight management company, and acquired other digital health businesses, which it is now selling for a pittance and for which it is taking a 141 million euro write-off.
https://globenewswire.com/news-release/2018/05/31/1514548/0/en/Nokia-closes-the-sale-of-its-Digital-Health-business.htmlA brief report from the University of New Hampshire Center for Venture Research finds an ongoing robust angel investing environment.
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A PriceWaterhouseCooper report trumpets the wonderful new combinations of health care companies combining to remake our health system. Hogwash.
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A research letter in JAMA Internal Medicine discusses trends in Medicare spending for care at the end-of-life.
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Medicare and Medicaid health plan company Wellcare is buying Meridian health plans for $2.5 billion, adding plans in the upper Midwest.
http://www.modernhealthcare.com/article/20180529/NEWS/180529921?utm_source=modernhealthcare&utm_medium=email&utm_content=20180529-NEWS-180529921&utm_campaign=mh-alertA study in Health Affairs looks at the potential value of one precision medicine.
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Its not really shocking, but depressingly expected for drug companies to screw the public by preventing competition.
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