Healthcare insurer Blue Shield of California announced a multi-year cloud development plan with tech giant Microsoft to offer its members an integrated data hub, dubbed the Experience Cube, that runs on Microsoft's Azure cloud platform.
The Experience Cube will utilize Azure's analytics and storage capabilities to tie together near real-time member, provider and payer data, aiming to create more...
Teladoc Health stock rose Tuesday after the virtual care company reported a 10% increase in revenue year-over-year to $652.4 million from $592.4 million in the prior year.
For Teladoc Health's Integrated Care segment, revenue increased 5% year-over-year to $360.1 million, and for BetterHelp it increased 18% to $292.4 million in Q2 2023.
Revenue in the U.S. rose 8% to $561.8 million, while...
GE HealthCare, which officially spun off early this year, announced it is raising its full-year guidance range amid increased demand and ease of supply chain woes.
The company reported $418 million in net income in the second quarter compared with $485 million in the prior-year period and revenue of $4.8 billion, a growth of 7% year-over-year and a 9% organic revenue growth.
The health tech...
Maternity-care management platform Dorsata filed a lawsuit in Suffolk County, Massachusetts, Civil Court yesterday against healthcare technology company athenahealth and nationwide women's health company Unified Women's Healthcare, alleging 11 counts against the providers, including theft of trade secrets, unjust enrichment, breach of contract and tortious interference with current customers. ...
Digital weight loss company Noom announced the appointment of Geoff Cook as its new chief executive officer and member of its board of directors.
Saeju Jeong, Noom's cofounder and the company's former CEO of 16 years, is stepping down but will continue as executive chairman of the board.
Cook cofounded and served as CEO of social networking services company the Meet Group, where he took the...
Wellinks, the company behind a digital platform and connected devices for chronic obstructive pulmonary disease, has appointed Stacie Bratcher as CEO, filling the position left vacant by Alex Waldron in March.
The Connecticut-based company offers a platform to track COPD treatments, symptoms and vitals, coaching and pulmonary rehab, and connected devices like nebulizers and pulse oximeters....
CVS Caremark, a pharmacy benefit manager and part of CVS Health, announced it is partnering with drug cost and telehealth company GoodRx to launch Caremark Cost Saver, providing Caremark's members access to GoodRx's lower-cost prescription pricing.
Beginning January 1, 2024, Caremark's members can use their existing benefit card at an in-network pharmacy of their choice to automatically have...
Winston-Salem, North Carolina-based healthcare provider Novant Health is partnering with Pennsylvania-based behavioral health company NeuroFlow to provide extended mental health services to its patients and team members.
NeuroFlow's cloud-based platform allows healthcare providers to track, assess and connect with patients between traditional office visits. The company also offers AI-driven...
A federal judge dismissed a securities class-action lawsuit filed against virtual care company Teladoc Health pertaining to its $18.5 billion merger with chronic care company Livongo.
The complaint, originally filed by shareholder Jeremy Schneider in 2022 on behalf of parties that purchased Teladoc shares between Feb. 2021 and July 2022, alleged the virtual care company's representatives misled...
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