One Medical eyes the full lifespan with acquisition of Medicare-focused Iora Health

first_img Log In | Learn More Katie Palmer Tags financemedical technologySTAT+ One Medical One Medical announced its plan on Monday to acquire Iora Health, expanding its primary care services for the Medicare population. The all-stock transaction, valued at $2.1 billion, would bring together two longtime players in the virtual care space and add to One Medical’s already-growing physical footprint by taking on Iora’s 47 in-person medical offices, now serving about 38,000 Medicare patients.“Today it seems obvious and almost fashionable to say that technology-powered primary care is the key to improving our health care system,” said Rushika Fernandopulle, CEO of Iora Health, in a call with investors Monday. “But almost 20 years ago small predecessor practices that became One Medical and Iora Health simply decided to start over, to build our own technology, membership models, salaried provider practices, and to emphasize relationships and not transactions.” @KatieMPalmer Health Tech Health Tech Correspondent Katie Palmer is a health tech correspondent at STAT. What’s included? About the Author Reprintscenter_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. [email protected] By Katie Palmer June 7, 2021 Reprints One Medical eyes the full lifespan with acquisition of Medicare-focused Iora Health STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Unlock this article — and get additional analysis of the technologies disrupting health care — by subscribing to STAT+. First 30 days free. GET STARTED What is it? GET STARTEDlast_img read more

First day back

first_imgOne morning during the holiday I popped into the office when the building was well and truly closed. The telephone was ringing and I answered it to give a mouthful to the caller about lawyers needing holidays as well, but it was only a person wishing the firm a happy new year. Later I was using the photocopier when a message came up ‘beware low memory’. I hope it was not a comment on me but just a routine technical breakdown. New year is a time for predictions and resolutions. So here are some of the former: There will be yet more people wanting to join the profession.There will be fewer jobs for anyone.The bite-size reputation of the profession will be more firmly established as: rich, overpaid people doing little. The gulf between the successful commercial world and high street will widen.Legal aid will only be for specialists. Clients will gradually learn to expect to pay.That not-for-profit sector and big investors will lose any interest they had in doing high street legal work.Unsolicited claims calls, texts, emails will be banned.The profession will rediscover that it is a profession. If any of those ring true, what are we as a profession doing about it? David Pickup is a partner in Aylesbury-based Pickup & Scottlast_img read more

Two firefighters killed in collision between planes on airport runway

first_imgThe Pipe Creek Township Fire Department(MARION, Ind.) — A pair of Indiana firefighters died on Monday when their small plane crashed and caught fire just after takeoff, authorities said.Firefighters Kyle Hibst and David Wittkamper were the only people aboard the single-engine plane when it struck the tail of a larger plane, which had just landed at the Marion Municipal Airport in Marion, Indiana, authorities said.The parked plane had five aboard, according to the Federal Aviation Administration. Their conditions were not immediately clear.Hibst and Wittkamper were firefighters at the Pipe Creek Fire Department in central Indiana.“It is with great sadness and sorrow we announce the passing of two of our own,” the department wrote on its Facebook page. “Words cannot express the pain and loss each of us feel. Our hearts go out to both families involved. Rest Easy Brothers we will take it from here.”Hibst, who had been with the fire department for about seven years, was married with one son, according to the statement. His wife, Kim, was also a member of the fire department.Wittkamper joined the department in 2007, the statement said. He is survived by his wife Autumn.The FAA and the National Transportation Safety Board are investigating the incident.Copyright © 2018, ABC Radio. All rights reserved.Powered by WPeMatico Relatedlast_img read more