Morning Headlines 8/6/20

Teladoc Health reaches agreement to buy Livongo in a $18.5 billion deal

Virtual care provider Teladoc Health will acquire chronic condition management app vendor Livongo in a deal that values the company at $18.5 billion.

CVS Health raises forecast for year as it adapts to changing health-care habits

CVS Health beats analyst expectations for Q2, reporting $65.3 billion in revenue and adjusted EPS of $2.64 vs. $1.93.

Virginia First State To Try Pandemic App From Apple, Google

Virginia launches the Covidwise app, becoming the first state to launch an exposure notification app using technology from Apple and Google.

OptimizeRx Reports Second Quarter 2020 Revenue Up 25% to a Record $8.8 Million; First Half Revenue up 34% to Record $16.4 Million, with Accelerated Growth Expected in Second Half

Digital point-of-care prescription savings vendor OptimizeRx reports Q2 results: revenue up 25%, and adjusted EPS of $0.02, beating analyst expectations for both.