Additionally, the article covers Teladoc Health's acquisition of Catapult Health for $65 million to expand its chronic disease business, continuing its strategy of growth through acquisitions. It also reports on fundraising activities, including Zest Health's $13 million raise and Lynx's $27 million raise, while noting the shutdown of virtual health clinics Caraway and Miga Health. The article concludes with a brief mention of Benevolent AI's delisting from the Dutch stock exchange and other industry news.
Key takeaways:
- Amazon's RxPass subscription service is associated with improved medication adherence, as shown by a study published in JAMA Network Open.
- Hospital at home advocates are pushing for a five-year extension of a Medicare program that allows inpatient care at home, amid uncertain government funding.
- Teladoc Health plans to acquire Catapult Health for $65 million to expand its chronic disease business, continuing its acquisition strategy.
- Several health tech companies, including Zest Health and Axena Health, have raised funds, while others like Caraway and Miga Health have shut down.