telemedicine

The future of ketamine telehealth clinics, the number of which grew during the Covid-19 pandemic, is uncertain due to new rules from the Drug Enforcement Administration (DEA). The rules, which aim to undo controlled substances prescribed via telehealth, have received over 21,000 public comments,...

By Bill Smith, Marketing Coordinator at CareMate. Modern telemedicine approaches allow for remote consultations of doctors and their patients located in the most remote areas. It is a key and pivotal part of today’s healthcare infrastructure and one of the biggest revolutions...

SOC Telemed Inc (NASDAQ: TLMD) reported Q2 revenue of $24.96 million, +84% Y/Y, but slightly lower than the consensus of $25.18 million. Bookings increased 136% to $6.7 million. Total system-wide consults were 130,214, +49% Y/Y on a pro forma basis. TelePsychiatry volumes recovered to...

June just started and the month is already looking busy for SPAC merger votes. What Happened: After mergers for SoFi Technologies Inc (NASDAQ: SOFI) and Barkbox (NYSE: BARK) were approved in late May, investors are now turning to a new month of SPAC mergers. Several of the recently completed...

Cathie Wood-led Ark Investment Management bought a total of 716,269 shares, worth about $122.38 million, in Teladoc Health Inc (NYSE: TDOC) on Thursday as the stock slumped after the telemedicine company reported a wider-than-expected first-quarter loss.  Teladoc shares closed 8.23% lower...

A company specializing in last mile telehealth and medical mobility services is going public in a SPAC deal announced Tuesday. The SPAC Deal: Ambulnz is going public in a $1.1 billion deal with Motion Acquisition Corp (NASDAQ: MOTN). As part of the merger, the company will rebrand as DocGo and...

Talkspace, an online therapy provider, in in talks to go public via a special purpose acquistion company.  What Happened: The online therapy app, which is promoted by Michael Phelps and Demi Lovato, is in talks to go public via the SPAC Hudson Executive Investment Corp (NASDAQ:...

The Ark ETFs from Catherine Wood are among the best performing ETFs in 2020 and the active trading could help investors follow potential winning ideas. What Happened: Wood added additional shares in Teladoc Health (NYSE: TDOC) last week as the stock declined 9% over the last five days. Ark...

Interest in telemedicine has soared during the coronavirus pandemic as health care patients sought continuity during the crisis by going virtual. That’s according to Conversion Labs Inc (OTCQB: CVLBD) CEO Justin Schreiber, who told Benzinga his business tripled as the coronavirus...

Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) is pushing itself further into fast-growing health care industries with two recent moves. Push Into Telemedicine: Google is investing $100 million in Amwell. Google will receive shares based on the IPO price of Amwell, which recently filed to go...

Telemedicine company MDLive is planning for a public offering early next year, CEO Charles Jones told Stat Thursday. What Happened The executive disclosed that the offering is still in early stages and is planned for January or February next year, according to Stat. Jones said his decision to take...

Online prescription drug prices tracker GoodRx has filed for an initial public offering with the United States Securities and Exchange Commission, according to a Reuters report Sunday. What Happened: The Santa Monica, California-based company is in the process of hiring advisers for the IPO, people...

Telemedicine was in the early innings of a boom prior to the coronavirus pandemic, but the pandemic hastened the industry's ascent, as it has with several other market segments. What Happened: Where's a hot theme, an exchange-traded fund usually isn't far behind. Thanks to the...

Shares of nutrition company MYOS Corporation (NASDAQ: MYOS) were more than doubling Wednesday. The Myos Reverse Merger: Myos announced late Tuesday that it has agreed to a combination with MedAvail, Inc. in a reverse merger. MedAvail is a private, in-clinic, telemedicine-enabled...

Walmart 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...