Telehealth

Telehealth Made up Almost Half of All Medicare Beneficiaries’ Primary Care Use in April

Fee-for-service Medicare beneficiaries adopted telehealth for primary care at unprecedented rates as COVID-19 spread in the U.S., according to a new HHS report. The report, released Tuesday by HHS’ Assistant Secretary for Planning and Evaluation, analyzed claims data from January through early June and found FFS Medicare beneficiaries’ use of in-person primary care fell sharply

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SOC Telemed to Merge with Healthcare Merger Corp.

SOC Telemed (“SOC”), one of the largest national providers of acute care telemedicine, and Healthcare Merger Corp. (“HCMC”) (NASDAQ: HCCO), a special purpose acquisition company, announced Wednesday that they have entered into a definitive agreement for a business combination. The combined company will operate as SOC Telemed and will be listed on the Nasdaq. The

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Humana and Heal Announce National Partnership to Transform Home Care for Medicare Advantage Members and Others

Humana Inc. (NYSE: HUM), one of the nation’s leading health and well-being companies, and Heal, a market leader in transforming healthcare through in-home, comprehensive primary care, today announced a broad strategic partnership including a $100 million investment from Humana, bringing primary care to the home through house calls and one-touch telemedicine. Under the terms of

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‘Weeks Where Decades Happen’: Telehealth 6 Months into COVID-19

Before the pandemic, McKinsey estimated the total annual revenues of all U.S. telehealth companies at $3 billion. Now, the consultancy estimates $250 billion of the nation’s health spend could eventually be digitized. Frost & Sullivan predicts seven-fold growth in the industry by 2025. The biggest near-term question mark for the future of the industry is

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Ro, a 3-Year-Old Online Health Provider, Just Raised a New Round That Values It at $1.5B

Ro, an online health start-up, has built a big business by asking consumers to pay cash to help alleviate many of the most common medical complaints without having to visit a doctor in person. The company, which started out by selling hair loss supplements and erectile dysfunction medication to men, has built a range of

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