Primary Care Companies Helping to Improve Health Outcomes marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Palm Beach, FL – December 10, 2020
– An overview of recent reports and articles shows that the telemedicine market is rapidly growing in all ways… there are more patients, practitioners, revenues and M&As, such as the blockbuster deal where
Teladoc Health (NYSE: TDOC) is absorbing chronic care company, Livongo, in what was the biggest digital health M&A deal in 2020. In August, digital health titans Teladoc Health and Livongo announced plans to merge under the Teladoc name. The deal valued Livongo at about $18.5 billion, with Teladoc primarily purchasing the chronic care company with shares. The deal is expected to close by the end of 2020, and see Teladoc shareholders owning 58% of the combined company. The companies said that their combined annual revenue would be coming in at $1.3 billion, and that their platforms and services would be integrated in an effort to provide new “whole person care” offerings. While the $18.5 billion acquisition commanded the most headline
Clinic and Telemedicine Mergers & Acquisitions Proving to be Lucrative Opportunities Heading into 2021 marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.