VillageMD, a primary care provider backed by Walgreens, announced Monday it had signed a definitive agreement to buy Summit Health, a multispecialty medical practice and parent company of urgent care provider CityMD.
The deal is valued at $8.9 billion and includes investments from Walgreens Boots Alliance and Evernorth, the health services subsidiary of insurer Cigna.
The acquisition marks...
Telehealth provider InTouch Health and Dignity Health have expanded their partnership, extending InTouch’s existing services in Dignity’s acute care settings into post-acute and ambulatory facilities. With new software, tablet and care options, InTouch Health’s services can go to any patient location with a laptop, tablet or fully-integrated solution that is designed for specific conditions,...
Former FDA deputy commissioner Dr. Scott Gottlieb is the rumored choice to head the agency, with the full nomination expected by the end of the day. Like most of the Trump Administration’s other high-office picks, Gottlieb is known for his anti-regulatory stance and is in favor of speeding up the drug-approval process, especially for older generics. Considered more mainstream than earlier choices...
New York City-based wellness app maker Noom and CityMD, a network of urgent care medical centers in and around New York City, are launching a pilot for people who are at risk for Type 2 diabetes using Samsung's S Health app, integrated with Noom's health program.
The pilot will include, at most, around 670 New Yorkers who have been diagnosed with prediabetes. Noom aims to use the pilot to create...