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iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing
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IT Blog

News & Events

Telehealth unicorn Thirty Madison merges with birth control platform N – Source fastcompany.com

by iBSC Tech Team February 12, 2022

Online speciality health care company Thirty Madison is merging with Nurx, a telehealth platform most known for providing affordable birth control. The merger is an all stock deal that is light on specifics.

“We saw women’s health as a really ripe area for our model, we saw it as a place where we can improve access and drive an outcome,” says Thirty Madison president Michelle Carnahan, who has previously held executive roles at both Sanofi and Eli Lilly. Carnahan will remain in her role as will Thirty Madison CEO Steve Gutentag. Nurx CEO Varsha Rao will become head of Nurx.

Thirty Madison delivers care for migraines, hair loss, allergies, and gastrointestinal problems, both direct to consumers and by working with fee-for-service insurance plans. In 2021, it raised $140 million on a valuation of $1 billion, making it one of several telehealth companies to reach unicorn status last year.

Meanwhile, Nurx—which works with insurers such as Aetna and Anthem—has slowly been…

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Source : fastcompany.com

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