Category: Funding

Cigna to Partner with MDLIVE to Launch Virtual Primary Care Platform and Improve Patient Access

Cigna and MDLIVE Inc. have announced the launch of the telemedicine industry’s most complete virtual primary care program, allowing U.S. health plans, health systems, retailers and employers the ability to provide consumers with convenient, secure and cost-effective options for accessing preventive, chronic and other primary care services. With this partnership, Cigna has secured the ability to be the first to offer virtual care for preventive checkups, launching in the second quarter of 2020.

Teladoc Health Enters Agreement to Acquire InTouch Health

Teladoc Health (NYSE: TDOC) has announced it has entered into a definitive agreement to acquire InTouch Health for $600 million, consisting of approximately $150 million in cash and $450 million in shares of Teladoc Health. The deal is expected to close by the end of the second quarter. This move will integrate telehealth solutions and add more than 14,500 physician users and 450 health systems and hospitals to Teladoc’s profile.  

Humana to Acquire Enclara Healthcare

Humana Inc. (NYSE: HUM) has announced it has signed a definitive agreement to acquire privately-held Enclara Healthcare (Enclara), one of the nation’s largest hospice pharmacy and benefits management (PBM) providers.The deal will also allow Humana to boost its PBM competitiveness, which is crucial as other health insurers concentrate efforts to solidify their presence in the PBM arena (i.e. Anthem launched IngenioRx, Cigna acquired Express Scripts).

Featured | Digital Health Funding

Healthcare advocacy and patient navigation platform, Rightway Healthcare, has raised $20 million in Series B funding led by Thrive Capital. During the announcement, Rightway’s CTO Ion Feldman said one of the company’s biggest goals is to expand its navigation solutions to pharmacy benefits.