Telemedicine provider Teladoc Health signs a $18.5B deal to buy Livongo, maker of connected devices for managing diabetes and other chronic conditions
In a sign of the growing importance and value of digital healthcare in the world of medicine, two of the industry's publicly traded companies …
TechCrunch Jonathan Shieber
Related Coverage
- How Livongo and Teladoc closed an $18.5 billion deal during a pandemic CNBC · Christina Farr
- Teladoc Health reaches agreement to buy Livongo in a $18.5 billion deal STAT · Rebecca Robbins
- How do you lock down biggest virtual health deal ever in a lockdown? Virtually, of course Silicon Valley Business … · Cromwell Schubarth
- Teladoc to buy Livongo in $18.5B virtual health megadeal Silicon Valley Business … · Cromwell Schubarth
- Say Hello To The Largest Virtual Care Company: The $38 Billion Teladoc-Livongo Merger Forbes · Chase Feiger
Discussion
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@chrissyfarr
Christina Farr
on x
Here's my Livongo/Teladoc tale. I asked @jasongorevic @GlenTullman: “How did an $18.5 billion deal get done during a pandemic?” Turns out it involves a lot of late-night Zoom calls and one very socially distanced meeting in Detroit. https://www.cnbc.com/...
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@matzkinhealth
Andrew Matzkin
on x
Outside of COVID, most important issue in US HC is the transformation of care delivery via virtual care Teladoc + Livongo UHC/Optum (Level2, Vivify) Hims, Ro, Evidation, others adding virtual care CMS expanding telehealth Too many more to list here https://www.statnews.com/...
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@mattrosoff
Matt Rosoff
on x
Here's how the year's biggest health-tech deal went down - including a clandestine socially distanced meeting in Detroit - exclusive to @chrissyfarr: https://www.cnbc.com/...
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@statnews
Stat
on x
Telemedicine provider Teladoc Health and diabetes coaching company Livongo have agreed to merge in an $18.5 billion deal that will create the first true health tech giant in an era in which demand for virtual care is surging. https://www.statnews.com/...
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@rebeccadrobbins
Rebecca Robbins
on x
Livongo $LVGO & Teladoc Health $TDOC, which have seen their stock prices soar as the pandemic has fueled demand for virtual care, have announced an $18.5B merger agreement! Big news for health tech. The combined company will be called Teladoc. https://www.statnews.com/...
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@joshelman
Josh Elman
on x
This is a massively underrated deal. It represents how valuable Telehealth and completely rebuilding our health systems are right now. And should put @htaneja on top of the Midas list - also underrated https://www.cnbc.com/...
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@bob_wachter
Bob Wachter
on x
Key issue for telemedicine: does it simply replace office visits, or does it become a core part of a re-imagined care process -one that uses digital data (sensors, pt reported, etc) effectively to improve outcomes? Merger is big step forward. (I'm on @Teladoc's advisory board.) h…
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@chr1sa
Chris Anderson
on x
The silver lining of the pandemic is that it's accelerating much-needed healthcare transformation, in this case telehealth https://twitter.com/...
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@pearlf
Pearl Freier
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They say everyone has a price- and theirs was $18.5 Billion for getting on a plane to Detroit for a face to face whiteboard meeting during a pandemic :) They couldn't meet in Glen's Chicago office because Illinois was on NY's restricted list due to covid numbers at the time. http…
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@terrapharma1
TerraPharma
on x
Livongo and Teladoc: The Backstory “...had been talking about a partnership for years. But talks accelerated about three months ago..."I remember Jason calling us saying, 'You're at scale, we're at scale, so let's put the companies together" $TDOC $LVGO https://isscnc.com/...
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@christinexzhu
@christinexzhu
on x
Livongo & Teladoc merger is future proofing Better chronic disease management (Livongo) reduces the need for acute medical needs (Teladoc) At the same time, end to end virtual care (Teladoc) makes chronic care management (Livongo) more effective & cost efficient https://twitter.c…
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@unitystoakes
Unity Stoakes
on x
The tipping point is definitely here for Health Transformers and #digitalhealth innovators: In a sign of digital health's rise, Livongo and Teladoc Health agree to $18.5 billion merger. Cc @startuphealth https://techcrunch.com/...