Disruption Hits the Digital Health Sector
Retailers have been the big disruptors in the healthcare market in recent months, but not in digital health. CVS Health (NYSE: CVS) and Aetna’s (NYSE: AET) merger, announced in December 2017, is still on track. Amazon’s (NASDAQ: AMZN) deal for PillPack has many wondering what’s next in the online pharmaceutical space. Now there’s Best Buy (NYSE: BBY), the consumer electronics retailer, entering the healthcare arena. The company announced on August 15 it was throwing down $800 million in cash to acquire GreatCall, Inc., an aging-in-place player, from GTCR. The private equity firm bought GreatCall about a year ago, in June 2017, for an undisclosed price.... Read More »Senior Monitoring Companies Consolidate
Three-year-old Lively, a San Francisco startup, has been acquired by GreatCall, Inc. of San Diego. Lively has developed a remote monitoring system for seniors to help them age in place. Its safety watch works with a system of passive activity sensors to alert family members and share seniors’ daily routines. Lively will complement GreatCall’s suite of products for active aging, which including GreatCall Splash, Jitterbug5, Touch3 and health, safety and medical apps, including Urgent Care, GreatCall Link, MedCoach and 5Star. Financial terms were not disclosed. Read More »Schedule a demo
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