M&A
Mercom Capital Group's latest numbers also suggest that upcoming IPOs could cast a long shadow on the direction of digital health investing.
While most of the financials remain undisclosed, the quarter included a number of interesting deals involving Apple, Best Buy, UnitedHealth Group, and Allscripts.
While the terms of the transaction were not disclosed, this and a past acquisition signal Carenet's aims to turn its virtual care services into a major market presence.
The small respiratory health company was the original owner of a passive health monitoring patent obtained by Apple earlier this month.
The terms of the deal, which fits into a larger global expansion strategy for Teladoc, were not disclosed.
The acquisition is aimed at making it easier for senior living centers and pharmacy partners to adopt and scale their care strategy.
The wireless health pioneer will take on the name of its 2015 acquisition Capsule Technologies.
The company has also hired the former VA head of mental health services and the former CEO of Ginger.io.
ClassPass will shut down GuavaPass' service in markets where the two companies were competing, and maintain the latter company's other operations under the ClassPass name "until further notice."