Reuters reports that online prescription delivery and telemedicine company Hims is considering going public through a merger with an unnamed company that could put its value at $1 billion.
Hims launched in 2017 and now offers treatments for hair loss, erectile dysfunction, skincare, mental health, and general wellness. It launched companion site Hers a year later.
Acquisitions, Funding, Business, and Stock
Walmart Health will expand into Florida next year, with an initial presence in Jacksonville. Clinics will also eventually open in Illinois.
Offshore IT and RCM vendor Medical Billing Wholesalers completes its acquisition of competitor Benchmark Billing Solutions.
Announcements and Implementations
TheraNest adds e-prescribing capabilities to its practice management and EHR software for therapists, psychologists, counselors, and social workers.
DrFirst announces GA of CareComplete, a data aggregation tool that better enables providers to make real-time care decisions using payer and treatment data.
Streamline Healthcare Solutions adds telemedicine features to its SmartCare EHR.
ReferralMD adds automated prior authorization to its care coordination software.
GoodRx expands its telemedicine service to all 50 states and Washington, DC.
Florida Orthopaedic Institute notifies patients of an April ransomware attack that may have compromised PHI.
Remote patient monitoring company Electronic Caregiver develops the Protector Initiative Infectious Disease Mitigation Program, which uses technology to help organizations screen people for COVID-19 before they enter a building or event.
Boston-based primary care physician Amy Wheeler, MD shares the struggles she and her colleagues face in convincing patients not to delay care because they’d prefer an in-person visit to a virtual one. Returning to pre-COVID-19 patient volumes won’t happen anytime soon: “To begin ramping back up, we are scheduling only about one-quarter of the patients we were seeing before the pandemic started so we can study our workflows and make sure we maintain safety for patients and staff. After this cautious time, we will move through Massachusetts’ four-phase reopening plan and increase in-person visits while continuing to maintain safe social distancing.”
- Important Ways COVID-19 Should Change Your Clinic Moving Forward (Part 1) (AdvancedMD)
- How to Keep Your Patients & Staff Safe During COVID-19 (EClinicalWorks)
- Things to consider when embarking on a merger or acquisition (Nordic)
More news: HIStalk.