Experts aren’t surprised Optum is closing its telehealth unit

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Top Story Experts Aren't Surprised About Optum Closing Its Virtual Care Business Optum is shutting down its virtual care unit after a three-year run. Industry experts agree that the closure reflects broader trends in the telehealth market, in which saturation and differentiation challenges are leading some providers to struggle.

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Experts Aren't Surprised About Optum Closing Its Virtual Care Business Optum is shutting down its virtual care unit after a three-year run. Industry experts agree that the closure reflects broader trends in the telehealth market, in which saturation and differentiation challenges are leading some providers to struggle. An Oveview of the Nation's Largest SEED Fund Eligible small businesses may receive millions of non-dilutive dollars from NIH's Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. Funding comes in tranches, from $300,000 – $4 million, based upon the stage of development and likelihood of the end product "moving the needle" in healthcare. Labcorp Makes Another Acquisition, Plucking Invitae Assets From Bankruptcy Auction Labcorp's $239 million offer was selected as the winning bid for the assets of genetic testing company Invitae, which filed for bankruptcy protection earlier this year. The acquisition deal, Labcorp's second in the past month, will enable it to expand in oncology and rare diseases. Healthcare Gridlock: How Bed Blocking Hinders Hospital Efficiency and How Modern Communication Tools Can Be the Key As patient volumes rise and resources remain strained, effective communication strategies are no longer optional; they're essential.

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