Amwell has filed to go public under the New York Stock Exchange symbol AMWL. Google Cloud's $100 million investment will be a concurrent private placement at the IPO price. The company didn't indicate a proposed size for the offering, nor did it give an anticipated price range, but it provided a placeholder amount of $100 million to calculate its registration fee. Morgan Stanley, Goldman Sachs & Co., LLC, Piper Sandler, UBS Investment Bank, Credit Suisse and Cowen Berenberg are listed as underwriters for the IPO.
Adventist Health, a nonprofit integrated multi-state health system servicing over 10 million people in more than 80 communities on the West Coast and Hawaii, has announced a strategic partnership with Synchronous Health to co-develop behavioral health and well-being solutions to address the biggest drivers of health costs and community needs. The partnership includes an investment, Adventist Health said in a news release. Further financial terms were not immediately available.
Valera Health has officially expanded its telemental health services to members of the Capital District Physicians Health Plan (CDPHP). Members can now receive care in the comfort and safety of their own homes. First announced in 2019, CDPHP will employ Valera's digital tools and advanced data analytics to amplify the impact of clinical services and maximize patient engagement and outcomes. According to the Centers for Disease Control and Prevention (CDC), the pandemic and social isolation can increase stress and anxiety, and these feelings are also known to increase the risk of suicide. The CDC recommends focusing on emotional well-being and seeking treatment via in-person or telehealth services.
May is Mental Health Awareness month and effective today, Cigna is making it simpler and more convenient for its customers to access an expanded suite of virtual support services for mental and emotional health. Cigna is adding Talkspace to its behavioral provider network, allowing its 14 million customers enrolled in employer-sponsored plans the ability to talk and text with licensed therapists, who are available on-demand.
The FDA has issued an emergency use authorization (EUA) to Everlywell, Inc. for the Everlywell COVID-19 Test Home Collection Kit. Everlywell’s kit, a self-collected nasal swab, is authorized to be used by individuals at home who have been screened using an online questionnaire that is reviewed by a health care provider. This marks the first standalone sample collection kit to be granted a proper EUA by the FDA. The FDA has also authorized two COVID-19 diagnostic tests, performed at specific laboratories, for use with samples collected using the Everlywell COVID-19 Test Home Collection Kit. These tests have been authorized under separate, individual EUAs.
Digital health is at the forefront of transformation in the healthcare industry. Digital disruption in healthcare has been underway for years, with healthcare organizations trying to digitize operations and processes to maximize efficiency, reduce costs, while increasing quality care. Significant digital health solutions like EHRs, digital therapeutics, telehealth, AI, wearables, and blockchain are the foundation of the industry's digital awakening. Successful implementation of digital health tools starts with a reliable roadmap that emphasizes shifting staff/patient perspectives and proactive outreach.
Apple, Google Partner Up to Offer COVID-19 Contact Tracing Recently Apple and Google partnered together on contract tracing to help slow the spread of COVID-19. Contact tracing makes it possible to combat the spread of the COVID-19 virus by alerting participants of potential exposure to someone who they have recently been in contact with, and … Continue reading COVID-19 Digital Tools & Resources | Apple, Google Partner Up to Offer COVID-19 Contact Tracing