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Technology

Swiftarc Ventures Launches $75M Telemedicine Venture Fund

by Fred Pennic 01/25/2022 Leave a Comment

Swiftarc Ventures Launches $75M Telehealth Venture Fund

What You Should Know: - Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund. - The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.  Investment Thesis In the past, the three-pillared U.S. healthcare system (Patients,
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Telemedicine Platform Offers Outpatient COVID-19 Treatment

by Fred Pennic 01/25/2022 Leave a Comment

Alpha Medical Lands $24M for Women's Virtual Primary Care Platform

What You Should Know: - Alpha Medical, a virtual primary care group that empowers women to take control of their healthcare by offering a medical team specifically trained for a woman’s unique needs, announces it will prescribe PAXLOVID, an investigational medication used to treat mild-to-moderate COVID-19 in adults and children 12 years of age and older, and are at high risk for progression to severe COVID-19, including hospitalization or death, under a EUA. - Alpha Medical, whose
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CVS Health, Uber Health Collaborate to Advance Health Equity in Communities Nationwide

by Jasmine Pennic 01/21/2022 Leave a Comment

CVS Health, Uber Health Collaborate to Advance Health Equity in Communities Nationwide

What You Should Know: - CVS Health (NYSE: CVS) announced a collaboration with Uber Health, Uber's healthcare arm, to provide free transportation through a new Health Zones initiative to people who need it most when seeking access to medical care, work, or educational programs. - CVS Health and Uber Health will help eliminate a critical barrier to care and overall well-being transportation which can limit a person's ability to receive medical care, to get to work or to job training and can
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Wheel Raises $150M to Expand White-Labeled Virtual Care Services

by Fred Pennic 01/19/2022 Leave a Comment

Wheel Integrates with GoodRx for Real-Time Medication Pricing & Discounts

What You Should Know: - Wheel, an Austin, TX-based provider of white-labeled virtual care services and support announced a $150M series C funding round, co-led by Lightspeed Venture Partners and Tiger Global, bringing its total funding to $216 million to date. The round also included participation from new investors Coatue and Salesforce Ventures along with existing investors CRV, Tusk Venture Partners and Silverton Partners.  Everything companies and clinicians need to deliver
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Dura Software Acquires Cloud-Based Telehealth Platform SecureVideo

by Jasmine Pennic 01/19/2022 Leave a Comment

Dura Software Acquires Cloud-Based Telehealth Software Platform SecureVideo

What You Should Know: - Dura Software, specialists in acquiring and operating hyper niche software products, announced it has acquired SecureVideo, a cloud-based software company with extensive experience developing a secure SaaS telehealth platform for the healthcare industry. Expanding the Dura portfolio, SecureVideo is the ninth acquisition for Dura Software and furthers the Dura mission of acquiring niche software companies that serve critical business needs. - Serving the healthcare
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Virtual Primary Care Reimagined With A Virtual First Health Plan

by Robert Bressler, SVP of Primary360, Teladoc Health 01/17/2022 Leave a Comment

Virtual primary care embedded in a virtual-first health plan also offers a novel alternative for employers and health plans to curb rising healthcare costs

The promise of primary care on improved health outcomes has been proven over time. At the core of this equation is a robust and longitudinal patient-provider relationship. These positive relationships often improve patient satisfaction, yielding higher engagement and utilization of primary care services.  However, recent studies suggest people are not engaging with primary care. In fact, internal Teladoc Health data has shown that 80% of members do not have a strong relationship with a
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First Stop Health Launches Virtual Primary Care for Access to Urgent Care

by Jasmine Pennic 01/12/2022 Leave a Comment

First Stop Health Adds Virtual Primary Care as Whole-Person, Digital-First Service

What You Should Know: - First Stop Health® (FSH), a virtual care provider in the areas of telemedicine and virtual mental health, today announced the availability of Virtual Primary Care for its clients and members throughout the U.S.  - Virtual Primary Care gives members convenient, fast and affordable access to high-quality care while helping to lower healthcare costs for employers. How FSH Virtual Primary Care Features FSH Virtual Primary Care is available via app, website or
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PointClickCare & Sound Physicians Partner to Drive Fully Integrated Virtual Health

by Fred Pennic 01/06/2022 Leave a Comment

PointClickCare & Sound Physicians Partner to Drive Fully Integrated Virtual Health

What You Should Know: - PointClickCare, a cloud-based healthcare software for the long-term and post-acute care (LTPAC) market) announced a new partnership with Sound Physicians, a national physician partner to hospitals, post-acute providers, physicians' groups and payers to offer a fully integrated virtual health solution to U.S. LTPAC providers.   - The partnership between PointClickCare and Sound Physicians will deliver
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Infrastructure Funding Will Improve Broadband Access for Telehealth & Combat Opioid Epidemic

by Jacob Crothers, MD, Chief Outcomes and National Medical Director at Groups Recover Together 01/05/2022 Leave a Comment

Infrastructure Funding Will Improve Broadband Access for Telehealth & Combat Opioid Epidemic

The recently passed federal funding for infrastructure improvements signals a boon for healthcare providers and will expand access to care via telehealth. Once an ancillary functionality, telehealth is now a critical component for delivering patient care and the bill’s funding will expand the reach of high-speed internet, improving access for patients at a time when more rely on internet connectivity for their healthcare than ever before.   However, as a board-certified physician in
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Clear Arch Health Acquires Life Care Solutions to Expand RPM Marketshare

by Jasmine Pennic 01/04/2022 Leave a Comment

Clear Arch Health Acquires Life Care Solutions to Expand RPM Marketshare

What You Should Know: - Clear Arch Health, a division of MobileHelp and a leading provider of remote patient monitoring (RPM) and mobile personal emergency response system (mPERS) solutions, today announced the company acquired Life Care Solutions (LCS), a division of Resideo. - Life Care Solutions has been a global leader in the remote patient monitoring industry for two decades, with a complete RPM solution to help streamline care coordination and improve outcomes. Life Care Solutions
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