Telehealth

UnitedHealth’s Optum Is in Advanced Talks to Acquire Remote Mental Health Provider AbleTo for about $470M

UnitedHealth Group’s Optum is in advanced talks to acquire virtual therapy provider AbleTo for about $470 million, according to people familiar with the deal, at a time when telehealth is more in demand than ever. The transaction would value AbleTo, a 12-year-old company based in New York, at about 10 times forward revenue, said the

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Avalere: One-Third of Physician Services Eligible for Telehealth Reimbursement

One in 3 physician services are eligible for reimbursement via telehealth based on existing as well as new temporary federal payment policies put in place due to the COVID-19 pandemic, according to a new analysis. The analysis, released this week from consulting firm Avalere Health, finds 191 physician procedure codes are now billable via telehealth.

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Telemedicine Companies See Funding Boom of $788M in Q1

Venture capital funding for telemedicine companies surged in the first quarter of 2020 to $788 million. That funding level is more than triple the $220 million telemedicine companies raised in the first quarter of 2019, according to communications and research firm Mercom Capital Group. Telemedicine funding jumped 258% year over year. Global venture capital funding,

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Telemedicine’s Strong Usage is Expected to Continue After the Pandemic Subsides

The concept of telemedicine, reang patients remotely via a video chat, has been around for almost two decades. Over those years, a slew of virtual care companies, including Teladoc, American Well, Doctor on Demand, MD Live nad 98point6, has emerged, each trying to convince patients to use its offerings for the treatment of such common

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Emerald Organic Products Inc. Acquires Leading Telehealth Company Carie Health Inc.

Emerald Organic Products Inc. (OTC: EMOR) (“Emerald” or the “Company”) a high growth diversified health science and technology company, has entered into a definitive agreement to acquire Carie Health Inc. (“Carie”), a leading telehealth and virtual care technology and service solutions company. “Founded in 2016, Carie has quickly matured into a fully-proprietary end-to-end telehealth solution

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