Transcarent, a digital platform focused on the self-insured employer market, announced it finalized its merger with Accolade, a virtual healthcare and benefits navigation company, in a deal worth $621 million.
Transcarent announced that it was acquiring Accolade and taking it private in January. Accolade is now an indirect wholly owned subsidiary of Transcarent.
In a statement, the company said...
Accolade, which offers virtual healthcare, as well as care and benefits navigation services, will cut staff and downsize its office footprint, according to a filing with the Securities and Exchange Commission.
The company declined to comment on the number of employees affected by the layoffs. In the filing, CFO Stephen Barnes wrote Accolade was "accelerating the integration of recent...
Nothing brings healthcare stakeholders together like a pandemic – from a speedy vaccine rollout to setting up telehealth platforms within weeks, providers, payers and the pharmaceutical industry had to work together to weather the changes brought on by COVID-19.
So what’s next for these healthcare industry partnerships when the pandemic is over? In the HIMSS21 Digital panel, What's Next: Payer-...
Public health navigation company Accolade is looking to the telemedicine space with the acquisition of PlushCare, a primary care-focused virtual care company.
As part of the deal, Accolade will incorporate California-based PlushCare's platform, which is able to connect consumers in all 50 U.S. states to an online video visit with a doctor.
The startup treats urgent care medical issues, ongoing...
MyHeritage, a genealogy and health DNA testing company, has teamed up with the Beijing Genomics Institute (BGI) to establish a COVID-19 testing lab in its home country of Israel, the Jerusalem Post reported on Saturday. The facility is aiming to open its doors by April 9 with a 10,000-tests-per-day capacity, and hopes to scale up to 20,000 per day shortly after.
“BGI will ship to Israel in the...
Health-benefits navigation platform Accolade announced on Friday the filing of its S-1 with the US Securities and Exchange Commission, making it the next digital-health company in line to join the public markets.
Accolade has set a $100 million maximum aggregate offering price to calculate its registration fee, but has not yet locked down the price and volume of its share offering.
The Seattle-...
Last week on-demand healthcare concierge for provider employers Accolade received $50 million in funding led by Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group, and McKesson Ventures, with participation from Cross Creek Advisors and Madera Technologies.
The company plans to use the money to grow its workforce, look at new market opportunities, and expand its Personalized...
This story has been edited to include additional companies.
It's become an annual tradition for MobiHealthNews to parse Inc. Magazine's Inc 5,000 list of fastest growing companies in America, calling out the digital health and health tech companies that made the list. We found more companies than ever on this year's list, some you'll recognize and some you may not.
While MobiHealthNews doesn’t...
New York-based Fit4D, which offers digital coaching for people with diabetes, is partnering with global diabetes data management company Glooko to bring a more data-driven approach to their mobile patient engagement tools. The pairing will give Fit4D’s coaches access to Glooko’s device-agnostic platform, which people with diabetes see in the form of a mobile app they can use to automatically sync...
Teladoc has teamed up with Accolade, an on-demand healthcare concierge provider for employers, health plans and health systems, to help members navigate their telehealth benefits. The integrated service is now available to several of the two companies’ shared clients, and is showing increased utilization of Teladoc’s offerings: When a member is using the Accolade platform, the company’s Health...
