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Advanced Logistics Development (ALD), a publicly-traded company on the Tel Aviv Stock Exchange, plans on merging with OurCrowd backed cyber company HUB Security. The cyber firm, which is also supported by global insurance leader AXA, announced that the merger will lead a $ 65 million cash injection to the company.
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With an aim to provide affordable healthcare to patients with serious illnesses, Madrid-based insurance provider Further has announced its merger with London-based digital healthcare platform Trustedoctor.
Reportedly, Frank Ahedo, the current CEO of Further, will become CEO of the new combined company. While Greg Jarzabek will remain CEO of Trustedoctor and also become Chief Digital Officer of Further Group and will focus on further development of virtual healthcare infrastructure.
“Borderless” and “Affordable”
The merged company, Further Group, will provide a ‘holistic’ digital health insurance without any geographical restrictions, as per the press release.
Speaking about the merger, CEO of Further, Frank Ahedo says, “By merging, Further and Trustedoctor are leading the way in affordable insurance solutions for serious illnesses. Both organisations share the same fundamental principle: a belief that it should be as easy as possible for patients with serious medical conditions to access the best medical specialists and treatment options, wherever they are in the world. Together, we will continue to remove financial and logistical hurdles faced by consumers that want to access the very best treatment when faced with a serious illness.”
According to the press release, this merger will allow the company to have business in over 30 countries and partnerships with over 300 insurers and employers.
Greg Jarząbek, CEO of Trustedoctor adds, “This highly strategic merger will create a new market-leader in borderless, complete healthcare solutions and provide a unique opportunity for us to collectively grow our network of doctors and hospitals. This will ultimately mean that more patients see the benefits of world-leading medical expertise.”
Everything about Trustedoctor
The company was founded in 2016 by Dariusz Jastrzębski, Grzegorz Jarząbek, Lukasz Rzeczkowski, and Philippe Schucht. Trustedoctor is a healthcare technology company that has created a suite of effective, unifying, plug and play tools that claim to make the enquiry process to specialised healthcare simpler, convenient and more meaningful for doctors, patients, and healthcare mediators.
The company has created an E-Link plug and play software tool. This tool helps provide workflow of data transmission, capture and curation that allows doctors and admission units to collaborate, quickly view and annotate data, radiological images, reports and offers multiple engagement options including video consultation with an integrated DICOM viewer, written reports and physical appointments.
The company claims that embedding this E-Link solution into any hospital enquiry process will reduce lead times, increase conversion rates and improve revenue. In addition, the platform also supports multi-user use, allowing clinics to provide e-MDT/expert panels and team reviews.
Founded in 2006, according to Further, a serious illness can happen to anyone regardless of age, and the company is on a mission to provide further quality, further access and further care.
If one has a serious illness, in the circumstances, it is important not to have to think about how you’ll afford treatment or find the right doctor. You need to focus on your care, with professionals taking care of the organisational and financial arrangements. The company breaks down financial and geographic barriers to provide international medical treatment and give you the opportunity to choose the treatment that is right for you.
Basically, the company claims to provide a service that not only identifies the best international clinics and specialists but also takes care of the whole process from the hospital appointments, travel, hotel bookings and financial arrangements.
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