Tyto Care Raises $11M for Home Telehealth Platform

TytoCare Ltd., an emerging Israel-based telehealth company has closed $11 million in Series B funding led by Cambia Health Solutions. Other participants in the round include OrbiMed Advisors, Walgreens, Fosum Pharma and LionBird. Founded in 2012, Tyto Care's advanced cloud telehealth platform and handheld device allows for accurate remote diagnosis of various types of ailments. Equipped with innovative guidance and navigation technology, the device will allow individuals to perform full
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1DocWay Raises $1.7M to Expand Telepsychiatry Network

1DocWay Telepsychiatry

1DocWay, Inc., a NYC-based leading telepsychiatry network operator announced that its psychiatry delivery network has treated over 20,000 patients in 11 states during the first half of 2015. To accelerate its growth, 1DocWay has raised $1.7M in its seed round, led by iSeedVC, with participation from Rock Health, Asset Management, Great Oaks Venture Capital, Waterline Ventures and others. 1DocWay has experienced rapid growth in recent months as awareness and demand for psychiatric services have
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Rite Aid, HealthSpot Debut First Network of Telehealth Stations in Ohio

Rite Aid and HealthSpot

Rite Aid, one of the nation's largest drugstore chains, announced today the opening of HealthSpot's enclosed telemedicine stations inside 25 Rite Aid pharmacies in Ohio. Through the HealthSpot telehealth station, customers will be able conveniently access a variety of quality healthcare services including pediatric care. The HealthSpot telehealth stations are located inside select Rite Aid pharmacies in Akron/Canton, Cleveland and Dayton/Springfield.  HealthSpot Station Overview Through
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Telehealth App Launches Radar Mapping to Help Patients Find Closest Doctor

HealthiestYou Radar Map

HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization has announced the launch of "radar mapping" - a new way for consumers find the closest care facility from their mobile device. The “radar” feature is the first app of its kind to provide a comprehensive, interactive list of all health options, such as doctors, E.R., urgent care and pharmacy locations, customized to members' health insurance plans. It shows members the providers that are within
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Infographic: Do People Trust Telemedicine?

Infographic: Do People Trust Telemedicine?

Telemedicine initiatives may have a promising future within the American healthcare system, and could alleviate the shortage of general practitioners, increase reliable access to basic and preventative care, and reduce overall costs. Despite potential positive outcomes of telemedicine platforms, patients remain dubious about this remote option and the quality of diagnosis made during virtual appointments. The infographic shown below illustrates the key findings of a recent nationwide study
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75% of Patients Wouldn’t Trust A Diagnosis Via Telemedicine

Infographic: Do People Trust Telemedicine?

Approximately 75 percent of patients reported they either would not trust a diagnosis made via telemedicine, or would trust this method less than an in-doctor visit, according to a recent nationwide study conducted by TechnologyAdvice Research. The report reveals that although telemedicine initiatives may have a promising future to increase reliable access to basic and preventative care, patients remain dubious about this remote option and the quality of diagnosis made during virtual
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How Mercy Health Is Using Telehealth to Make Healthcare Easier

Telehealth Bill

At Mercy Health, our promise to the community we serve is to make lives better – mind, body and spirit – and to genuinely enjoy being of service while making healthcare easier. One way we’re accomplishing this is through telehealth initiatives. Telehealth represents the biggest entry point for providers like ours to manage the population, particularly the baby boomer and older generations, as the physician shortage looms and care between visits becomes increasingly important. In 2029, when
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Teladoc IPO Raises $157M, Shares Priced at $19

Telehealth Provider Teladoc

Today, Dallas-based telehealth provider, Teladoc initial public offering (IPO) debut under the symbol “TDOC" on the New York Stock Exchange at $19 per share, raising $157 million. The underwriters for the offering also have a 30-day option to purchase up to an additional 1,237,500 shares of Teladoc common stock.  Founded in 2002, the company emerged as an early leader in the growing telehealth space as self-insured employers and insurance companies look for ways to cut healthcare costs by
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Telehealth App Approved By NHS to Deliver Prescriptions to UK Patients

dr-now-appointment-app-large

Dr Now, a telehealth app that dispenses and deliver prescriptions directly to patients’ home or office has been approved by NHS England to handle NHS prescriptions using the NHS Electronic Prescription Service. Now available for Apple and Android devices, Dr Now offers instant access to UK registered doctors through video-based consultation, with NHS prescriptions dispensed and delivered in central London and overnight nationwide via its Now Pharmacy prescription hubs for free. Registered
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Report: Telehealth Video Visits to Reach 158M by 2020

Telemedicine

Telhealth video visits will increase from 19.7 million in 2014 to 158.4 million per year by 2020, according to a new report from Tractica. The report, "Telehealth Video Consultations", examines the telehealth market and technology issues surrounding telehealth video visits for both clinical and non-clinical applications. The firm also predicts that, while clinical consultations currently constitute more than three-quarters of the market, growth over the next several years will be especially
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