UnitedHealth scoops up health tech startup PatientsLikeMe
Health insurance giant UnitedHealth Group plans to acquire health technology startup PatientsLikeMe, the online network for people living with chronic conditions. (UnitedHealth Group)
Health insurance giant UnitedHealth Group acquired health technology startup PatientsLikeMe, an online network for people living with chronic conditions. The move comes after the Trump administration nixed a deal earlier this year involving the tech company being sold to a company majority-owned by a Chinese investor, CNBC reported.
First reported by MobiHealthNews, PatientsLikeMe sent a letter to customers saying it joined the insurer’s research and development group last week.
"This independent unit of UnitedHealth Group invests in research that speeds improvements to drive innovation in healthcare,” Jamie Heywood, CEO of PatientsLikeMe, wrote in the message to members on behalf of the PatientsLikeMe team.