Telehealth Attracts Big Players

At every healthcare deal making conference we attend, some speaker or moderator inevitably declares, “Telehealth is the wave of the future.” Those observations are coming true, based on the deals we’ve seen in 2015. Last week, Cox Communications, the broadband/cable giant from Georgia, added Trapollo LLC, a privately held nationwide telehealth and remote monitoring company to its growing arsenal of telehealth companies under Vivre Health umbrella. Cox teamed up with Cleveland Clinic earlier this year to form Vivre Health, and invested in HealthSpot, a telehealth technology company that also added Xerox (NYSE: XRX) as an investor last November. Trapollo is wholly owned by Cox, which is solidifying its home health solutions, perhaps as a way to combat all those cord-cutters.