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5 lessons learned while assisting Healthcare startups

In the first 4 years of operations, we had worked with a Population health product which was pivoted from a Wellness product, a Patient Management product, and a Health Management platform. In the last 18 months, we have worked/ working on two TeleHealth products, another Population health, a Behavioral Health, and two Health Management products.

 

healthcare startups

 

Q2 adds 12 more digital health acquisitions, bringing midyear total to 24

With today’s acquisition of mySugr by Roche, the second quarter of 2017 hits a total of 12 digital health acquisitions — tying Q1 and bringing the total for the year so far to 24. Among these are some major names in the space, including telemedicine leader Teladoc, early digital health entrants Voxiva and GreatCall and even consumer tech giant Apple.

In Value-Based Care, Telehealth’s Aim is Money Saved, Not Earned

To find value in a telehealth or mHealth program, healthcare providers must look not at how much money they’ll make, but how much they’ll save.

At the St. Louis-based Mercy health system, this means sending home about 1,300 patients this year who would have died in the hospital were it not for the health system’s telehealth services. With the elimination of some 127,000 bed days, this means the health system will save roughly $77 million in a program that costs about $15 million.

The president of Honeywell’s telehealth division talks about plans to expand into wellness

This month, Honeywell released an update to its FDA-cleared telehealth software to support remote patient monitoring for those with chronic conditions, called LifeStream. Most of the changes revolve around improving the look and feel of it from the user interface to the patient dashboard so clinicians can prioritize patient care and better assess patient trends. It is essentially a complete reconstruction of LifeStream’s backend.

Personalized Population Health Management - a patient-centered approach

Population health begins with the patient and revolves around a comprehensive health and care record. Data Scientists are continuously learning the new human behavior of different population “cohorts” and correlating with individual patients’ health, for improved care outcomes. This trend is gaining a lot of traction and bringing innovations in population health management (PHM) domain.

Teladoc acquires virtual medical expert consultation platform Best Doctors

Telemedicine giant Teladoc has acquired Best Doctors, a virtual medical consultation company, to enable a connected care platform focused on improving outcomes for some of the most complex medical conditions. Under the terms of the deal, which is expected to close next month, Teladoc will pay  $375 million cash and $65 million of Teladoc common stock. The company reports it has secured $360 in financing from Jeffries Finance LLC and Jeffries Group LLC.

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