Mergers & Acquisitions
They are also launching a co-branded commercial insurance plan called the Aetna Whole Health-Cleveland Clinic plan.
After news broke about the $18.5 million deal all eyes in the digital health world have been on Livongo and Teladoc.
The aim is to bulk up its cloud-based DOS platform with new cost and revenue insights. At Northwell, the same platform will help mine data for clinical, financial and operational improvements.
Each Livongo share will be converted Teladoc stock at an 0.5920 exchange rate, plus an additional $11.44 in cash per stock.
Strata Decision Technology, which develops cloud-based business intelligence tools, will pay $365 million for the subsidiary.
The healthcare and diagnostics software provider will strengthen its position in the healthcare IT sector by operating in 40 countries worldwide.
UPMC spin-off Curavi Health, CarePointe and U.S. Health Systems will work together on integrated pop health analytics and virtual-care tools for nursing homes and other underserved elder populations.
The company has renamed its enterprise revenue cycle management suite with a nod to its early roots at Vermont's IDX Systems Corporation.
The finalized deal, first valued at $600 million when it was announced in January, is worth $150 million in cash and 4.6 million shares of Teladoc stock.
R1 will pay a reported $30 million for the revenue cycle management-outsourcing division, as Cerner helps the company extend its RCM tools to its client base.