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Walmart Acquires Health Management Startup CareZone's Technology, Reportedly For $200M
Tuesday, June 16, 2020 - 12:31am | 273Walmart Inc. (NYSE: WMT) has acquired CareZone's technology and intellectual property, the retailing giant confirmed to CNBC on Monday. What Happened CareZone provides health and medicine management services to its customers through mobile apps. The startup also runs an e-commerce platform...
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American Well Files For IPO As Pandemic Leads To Telehealth Demand Surge
Friday, June 5, 2020 - 2:09am | 248American Well confidentially filed for an initial public offering with the United States Securities and Exchange Commission earlier this week, CNBC reported Thursday. Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS) are serving as the lead underwriters for the IPO, people familiar...
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Telemedicine A COVID-19 Winner
Tuesday, May 19, 2020 - 4:46pm | 588COVID-19 forced non-medical companies such as Tesla Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Dyson, and Apple Inc (NASDAQ: AAPL) to fill the demand for essential medical devices. The following is a discussion regarding why existing medical device...
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This Telemedicine Start-Up Believes Virtual Health Care Is Here To Stay
Tuesday, May 12, 2020 - 9:31am | 524With patients not utilizing the services of their usual doctors for fear of catching COVID-19, health care clinics and offices have struggled to maintain their practice without revenue. With COVID-19 halting elective surgeries and routine check-ups, telemedicine is changing the face of care during...
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Vivus Shares Rally On Accelerated Telemedicine Launch
Tuesday, March 31, 2020 - 11:23am | 338Shares of biopharma company VIVUS, Inc. (NASDAQ: VVUS) are skyrocketing following an announcement concerning launch plans for telemedicine services. The Campbell, California-based company said it has accelerated the launch of telemedicine and remote monitoring modules for the Vivus ...
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One COVID-19 Stock I'm Buying Right Now
Monday, March 23, 2020 - 1:58pm | 661Most investors are rightfully cautious during this market sell-off. The full economic effects of the COVID-19 pandemic remain to be seen, but what is certain right now is it has already led to a global economic slowdown. But all this fear doesn’t mean there aren’t opportunities for...
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Pence Talks Telemedicine, Co-Pays In Coronavirus Update
Wednesday, March 11, 2020 - 12:15pm | 453The Trump administration has had discussions with top health care executives, urging them to waive co-pays and to cover treatment costs for coronavirus patients, Vice President Mike Pence said at a press briefing late Tuesday following a meeting of the White House Coronavirus Task Force. "They...
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What Is Cannabis Telemedicine? Is It A Good Fit For You?
Monday, March 9, 2020 - 2:45pm | 496By The Fresh Toast's Andrew Ward, provided exclusively to Benzinga Cannbis. Telemedicine is a practice growing in popularity thanks to advancements in technology. The practice of remote medical practice began decades ago in the 50s and 60s. Recent technological advancements, like the...
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Hold On Teladoc Bulls: Stifel Is Cautious Amid Business Model Uncertainty
Wednesday, January 6, 2016 - 10:57am | 365On Wednesday, Stifel issued its "Morning Research Summary" and initiated Coverage on Teladoc Inc (NYSE: TDOC). Currently, Stifel rates Teladoc as Hold with no attached price target listed. Stifel views telemedicine as an attractive investment opportunity; however, Stifel analyst Steven Rubis wrote...
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This IPO Could Mean Access To A Doctor Anywhere, Anytime
Monday, June 29, 2015 - 4:07pm | 1062Teladoc, Inc. (NYSE: TDOC), the nation’s largest telehealth provider, plans to raise $112 million for its IPO this Wednesday. The company plans to sell 7 million shares between $15 and $17 per share and expects to list on the NYSE under the ticker TDOC. Teladoc began in 2002 as the first...