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Accolade (ACCD) to Acquire PlushCare streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Accolade to Acquire PlushCare Accolade, Inc. Seattle, Washington, UNITED STATES Accolade to begin offering virtual primary care and mental health consultations directly to members as a result of the acquisition. $200bn+ combined target addressable market materially expands opportunity to reinvent healthcare with a focus on improving health outcomes and managing rising costs. Combined with Accolade’s proven ability to deliver cost-savings through member insights, high engagement, and care team advocacy and navigation solutions, the acquisition will add clinical depth and provider relationships. The acquisition is expected to be accretive to Accolade’s growth rate and will enable new revenue opportunities as the healthcare ecosystem moves toward value-driven, patient-centric models. ....
Health benefits platform Accolade to acquire virtual primary care startup PlushCare in $450M deal April 23, 2021 at 6:51 am (PlushCare Image) The news: Seattle-based health benefits platform Accolade will pay up to $450 million to acquire PlushCare, a Bay Area-based startup that offers virtual primary care. It follows the company’s $460 million deal to acquire another telemedicine startup, 2nd.MD, in March. Why it matters: The deal will add primary care to Accolade’s suite of services, which help employees of its customers understand their health plans and benefits. Accolade said it expands its total addressable market nearly fivefold to more than $200 billion. ....
Tech that will change your life in 2021 Premium Joanna Stern, , The Wall Street Journal New ways to work, exercise, see the doctor, watch movies and sanitize every surface in sight will continue to proliferate. So will monthly subscription fees Share Via Read Full Story A pandemic that ravaged the world and accelerated the digital transformation of, well, everything? Not even the best of futurists or Magic 8 ball-shaking psychics could have predicted the year that was 2020. And yet while we may have missed the biggest news, our predictions for what would occur in the tech world held up decently. (OK, fine, we didn’t think Quibi would die that quickly.) ....
Teladoc shook the virtual care landscape up when it merged with digital therapeutics firm Livongo in a $18.5 billion deal in October, forming the first ever virtual care giant with a combined 70 million users holding the potential to overshadow smaller telehealth startups. But Teladoc-Livongo isn’t the only disruptive force in telehealth: Amazon is inching closer to scaling its virtual care platform, Amazon Care, beyond its employees to its members. We spoke with the co-founder and CEO of telehealth company PlushCare, Ryan McQuaid, about the Teladoc-Livongo merger and the looming threat of Amazon Care and how telehealth companies like PlushCare are differentiating from these virtual care giants to stay competitive. ....