A private equity firm is acquiring DaVita's primary care business, Paladina Health, which operates over 50 physician offices and focuses on employer-sponsored plan patients. This continues DaVita's exit from the physician business.
https://www.pehub.com/2018/06/nea-acquires-davitas-primary-care-business-paladina-health/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 PriceWaterhouseCooper report trumpets the wonderful new combinations of health care companies combining to remake our health system. Hogwash.
Read More