Medivo, a NYC-Based Virtual Healthcare Startup, Acquires Physicians Wellness Network

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June 7, 2010
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Medivo, a NYC-Based Virtual Healthcare Startup, Acquires Physicians Wellness Network

Acquisition announced at "Health 2.0 Goes to Washington" Conference today in Washington, D.C.; Medivo is a conference sponsor

NEW YORK, June 7 -- Medivo, a provider of virtual healthcare services for individuals and organizations, announced today the acquisition of Physicians Wellness Network (PWN) LLC, a leading provider of compliance services for online wellness screening tests.

The acquisition of PWN and its webLab platform, which has connected major laboratories like Quest Diagnostics and LabCorp of America with patients and physicians since 2001, helps accelerate Medivo's mission to be the leading provider of virtual care services.

"Under Dr. Brent Blue's leadership, PWN has established itself as a leading provider of lab-related and physician advisory services which fits well with our broader mission to provide a more comprehensive range of virtual healthcare services," stated Sundeep Bhan, CEO of Medivo.

With a goal of providing virtual healthcare when and where it's needed, Medivo was founded and is led by Mr. Bhan, a healthcare entrepreneur, as well as two physician executives, Destry Sulkes, M.D., and Jason Bhan, M.D.  Mr. Bhan was formerly the CEO of Medsite, Inc., which was acquired by WebMD in 2006.

"I am gratified to see the vision, management experience and energy that the Medivo team brings to this venture and I am excited to see the service grow and evolve," said Dr. Blue, president of PWN.

Founded in early 2010, Medivo provides individuals and organizations access to online healthcare services through its vCare Platform and a national network of credentialed physicians.  The network consists of physicians that are licensed to practice medicine and are residing in each of the 50 U.S. states.

  Medivo provides:
  --  vLabs - With secure connectivity to major labs in the U.S., this
      service provides the highest level of compliance and convenience for
      virtual lab test ordering, requisitioning and resulting.
  --  vHRA - Medivo's network of physicians review and provide
      individualized recommendations to algorithm-driven Health Risk
      Assessments (HRAs) which are delivered by partner organizations.
  --  vAdvice - For consumers seeking immediate information about a health
      condition, a lab result, or general health questions, they can have a
      conversation with a physician in the Medivo network.
  About Physicians Wellness Network

Physicians Wellness Network is the leading provider of compliance services for online wellness screening tests.  Through a trusted national network credentialed physicians dedicated to connecting consumers with their own health information, PWN delivers compliant, private blood testing for consumers in every state.  The network's unique, online data system - webLAB(TM) - connects health consumers with laboratory testing and accurate results in a private and secure environment.  PWN was founded in 2001. For more information, call 888-362-4321 or visit http://www.physicianswellnessnetwork.com.

About Medivo

Medivo is an NYC-based startup that provides access to virtual healthcare services when and where they're needed to help individuals, organizations, and clinicians to better manage their own, their members' and their patients' health. With both a proven technology, the vCare Platform and a credentialed national network of physicians, Medivo delivers innovative and convenient tools that improve both patient care and population wellness. http://www.medivo.com.

  Media Contact
  Christopher Capot, KNB Communications
  212-505-2441, 203-379-8019 (mobile)
  ccapot@knbpr.com

Source: Medivo
   

CONTACT:  Christopher Capot, KNB Communications, +1-212-505-2441, or
+1-203-379-8019 (mobile), ccapot@knbpr.com

Web Site:  http://www.medivo.com/

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