Insulin pump-maker Insulet reported net income of $27.8 million during the first quarter this year, months after it received FDA 510(k) clearance for its Omnipod 5 automated insulin delivery system.
The company also posted $295.4 million in revenue during Q1, compared with $252.3 million in the prior year, beating expectations. Insulet is currently building a limited launch of the Omnipod 5 and...
ORLANDO, Fla. – As patients move into the consumer role, they are demanding more from their care. This is true across specialties, including primary care. The space has seen an uptick in digital modalities in recent years, according to panelists at HIMSS22's Accelerate Health event.
"Every consumer at some point will be a patient. Every patient is already a consumer. ... A consumer is searching...
Rapid-diagnostics company Cue Health earned $223.7 million in revenue for the third quarter of 2021, compared with $137.4 million for the prior quarter and $4.7 million for the prior year.
The company went public in late September, raising $213.9 million in proceeds after underwriting fees.
Net income dipped slightly to $19.3 million compared with $19.8 million in the second quarter, and earnings...
One Medical, a membership-based primary care company, is stepping further into the digital chronic care space with the launch of its own product, Impact by One Medical.
The hybrid care provider’s platform includes 24/7 virtual support and integration with remote monitoring tools like Fitbit or Apple HealthKit. Patients also have access to a multidisciplinary care team that includes their primary...
Looking at the senior care space, One Medical, a hybrid primary care provider, has finally completed its purchase of tech-backed Medicare provider Iora Health for approximately $1.4 billion. This comes roughly three months after the companies made the deal public.
As part of the terms, Iora Health shareholders will get roughly 56 million shares of One Medical common stock. This shakes out to One...
Looking to the Medicare space, hybrid primary care company One Medical has announced its plans to acquire Medicare-focused provider Iora Health for $2.1 billion.
Like One Medical, Iora Health offers brick-and-mortar clinician offices as well as digital tools. Geared at the 65-and-older population, Iora assigns each member a provider, nurse and health coach. Both patients and their families can be...
The pressure is rising for the tech-powered primary care platform One Medical as Congress has launched an investigation into its COVID-19 vaccination practices, NPR reported Tuesday.
The publication tracked down a letter sent by the House Select Subcommittee on the Coronavirus Crisis to One Medical late Monday night that raises its concerns and demands documentation of the company’s vaccination...
One Medical, a tech-powered primary care platform, shared its financial results for the fourth quarter and full-year 2020 yesterday amid a press storm that alleges the company has been vaccinating ineligible patients.
A report from NPR found that the San Francisco-based company had allowed ineligible patients, including young, healthy people, as well as friends and family of company leadership,...
One Medical, the tech enabled health startup that made headlines when it went public in January, is reporting a 25% year-over-year revenue growth. However, it still came up short of meeting earnings per share expectations.
The company, officially named 1Life Healthcare, uses a hybrid model, its members have access to 24-7 virtual health-services as well as the ability to visit brick-and-mortar...
Tech-enabled primary care business 1Life Healthcare — better known by its brand name, One Medical — hit the public market Friday after announcing the sale of 17.5 million shares at $14 each. This pricing alongside the roughly 122 million outstanding shares disclosed in the company’s S-1 would put One Medical’s valuation at just over $1.7 billion.
And although it’s only been on the market for a...
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