Digital health platform Sharecare closed its acquisition of home care provider CareLinx for about $65 million, consisting of $54.6 million in cash and $10.4 million in stock.
“For the last decade, we have leveraged our platform to help people navigate the challenges of home care, as well as provide healthcare’s scarcest resource – nurses and caregivers – with the ability to earn higher pay and...
CareLinx, a digital health company focused on in-home care, has acquired Optimal Aging, a fledgling startup still being incubated at Providence St. Joseph Health. The terms of the deal were not disclosed.
What’s the impact
Optimal Aging is a program that coordinates non-clinical services like home care, transportation and meal support for accountable care organizations and Medicare Advantage...
With just nine acquisitions, the third quarter of 2017 didn't set a record for number of digital health acquisitions — Q1 and Q2 of this year came in at 12 apiece. But it did feature some very high-profile deals, including the acquisition of digital health pioneer WebMD, a rare acquisition from Alphabet, and big deals in spaces from diabetes management to caregiving to health insurance.
Of course...
Generali Global Assistance, the US division of Europ Assistance Group, has acquired CareLinx, a seven-year-old digital health startup that offers a matching service for families and caregivers. The terms of the deal were undisclosed.
“From the Generali perspective, we really believe we’re acquiring a unique asset with a competitive advantage of the nationwide caregivers as opposed to the...
AARP Services, a subsidiary of AARP, has launched a new, interactive website designed to address gaps in the caregiving market, from scheduling and telehealth to professional advice.
The CareConnection site, currently in beta, aims to be a central hub for caregivers, and is piloting services from a number of companies that provide resources for caregivers. The idea for the site is based on...
San Bruno, California-based CareLinx, which offers a service to connect seniors with caregivers, has raised an additional $1 million from Generator Ventures and Ziegler Link-age Longevity Funds. This brings the company's total funding to at least $5.2 million. An SEC filing explains that this amount includes $2.1 million in forgiveness of debt.
Families can use CareLinx's service to browse ...
As yesterday's baby boomers become tomorrow's seniors, America's already overburdened healthcare system is in trouble. And according to Stephen Johnston, cofounder of Aging 2.0, and Laurie Orlov, founder of Aging in Place Technology Watch, technology represents our best hope to avoid the crunch.
"If you make it to 65 today, you have another 20 years on average," Orlov said at the mHealth Summit...
Chemotopia's personalized chemotherapy decision tree
This week healthcare academy StartUp Health announced 12 more companies that would begin its three year program, which is designed to help them better navigate the world of healthcare. Like its inaugural class StartUp Health’s second class is includes a couple of well-known entities, including Dave Chase's Avado, CakeHealth, and Greatist....
