Market News
Recent Developments
New product launches
- In November 2020, Concentra a healthcare company acquired the Texas Health Fort Worth Occupational Health Center and the Texas Health Alliance Occupational Health Center in Fort Worth, Texas. This acquisition continues to strengthen the quality service and medical expertise previously offered by the occupational health centers of Texas Health Resources.
- In August 2020, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) issued a final rule to update its recordkeeping requirements. The new rule modernizes OSHA’s recordkeeping system and streamlines reporting burdens. This regulatory change aimed to improve workplace safety by making injury and illness data more accessible and useful for OSHA enforcement and preventive efforts.
- Cerner a health information technology company unveiled its Healthy Work Return module in January 2021 amid the pandemic, tailored to increase employers reopen workplaces safely. Features include health self-assessments and facility readiness tracking.
Acquisition and partnerships
- Teladoc Health, a healthcare company, acquired Livongo a digital health company in October 2020 for US$18.51 billion to form a unified virtual care platform covering chronic conditions.