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Technology

Aunt Bertha Secures $27M to Expand Referral Platform for Social Services

by Fred Pennic 06/02/2021 Leave a Comment

Aunt Bertha Secures $27M to Expand Referral Platform for Social Services

What You Should Know: Today, Aunt Bertha, the nation’s leader in closed-loop social care networks and the company behind findhelp.org, announced it has raised an additional $27M in investment funding led by Warburg Pincus, had significant participation from existing investors including Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF). - The financing will enable Aunt Bertha to enhance its
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Thirty Madison Reaches $1B Valuation with $140M Series C Funding

by Fred Pennic 06/02/2021 Leave a Comment

Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

What You Should Know: - Thirty Madison, the premier healthcare company for people with chronic conditions, today announced a $140 million Series C round led by new investor HealthQuest Capital. Mousse Partners and Bracket Capital also participated in the funding, along with existing investors Polaris Partners, Johnson & Johnson Innovation - JJDC, Inc., Northzone, Greycroft, and others. Thirty Madison has raised a total of $210 million to date and is now valued at over $1
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Making Telehealth Accessible to Underserved Communities Requires a Multifaceted Approach

by Amy Fan, Co-Founder of Twentyeight Health 05/28/2021 Leave a Comment

Making Telehealth Accessible to Underserved Communities Requires a Multifaceted Approach

Over the last year, people across the U.S. have adopted telehealth in record numbers, signaling what people in the industry have long believed — virtual doctor visits and prescription delivery has the potential to truly increase access to high-quality, convenient care.  The meteoric rise of telehealth has also come with its challenges, one of the biggest being equity. A recent study published in the American Journal of Preventive Medicine details that the people who use telehealth in the
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Telehealth Averted Healthcare Collapse During COVID – Will Inertia Kill Further Adoption?

by Dr. Haim Amir, CEO and Founder of Essence Group 05/25/2021 Leave a Comment

Telehealth Averted Healthcare Collapse During COVID – Will Inertia Kill Further Adoption?

Major, deep-rooted problems in the healthcare system were brought into sharp focus by the COVID-19 pandemic.  Healthcare organizations in many regions – already stretched to near-full capacity before the pandemic – have been pushed to the brink of collapse. While they scrambled to respond, they began to lean heavily into the nascent tools and techniques of telehealth to keep the public safe. This shift has been corroborated by a recent Parks Association study identified significant increase in
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AMN Healthcare Acquires Virtual Care Platform Synzi for $42.5M in Cash

by Fred Pennic 05/21/2021 Leave a Comment

AMN Healthcare Acquires Virtual Care Platform for $42.5M in Cash

What You Should Know: - AMN Healthcare announced it has finalized the acquisition of Synzi, a full-service virtual care management company, for $42.5 million in cash. - Synzi provides virtual care and remote patient monitoring platforms in the home health and outpatient markets. These solutions enable organizations to conduct virtual visits and use secure messaging, text, and email for clinician-to-patient and clinician-to-clinician communications. - Revenue in the second quarter of
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Wheel Secures $50M for White-Labeled Virtual Care Platform

by Fred Pennic 05/19/2021 Leave a Comment

Wheel Secures $50M for White-Labeled Virtual Care Platform

Wheel is Powering the Virtual Care Industry from Wheel on Vimeo. What You Should Know: - Wheel, a Austin, TX-based virtual care company, today announced a $50M series B round led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan. The round brings its total funding to $66M to date. - Today Wheel provides its white-labeled service to companies across a wide variety of industries, including publicly-traded
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A Promising New Post-COVID World of Virtual Care

by Josh Weiner, CEO of SR Health at Solutionreach 05/19/2021 Leave a Comment

A Promising New Post-COVID World of Virtual Care

It’s a striking contrast to look at the world as it now in the wake of the COVID-19 pandemic compared to what life was like prior to March 2020. To pre-pandemic eyes, it may even seem like an unrecognizable alien landscape with people everywhere donning facemasks, limited public gatherings, and tens of millions working from home rather than the office. Up until recently, commercial flights departed with few passengers, movie theaters and sports venues were largely shuttered, and many avoided
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Humana Taps NowPow to Address Social Needs for Medicare & Medicaid Members in Chicago

by Jasmine Pennic 05/18/2021 Leave a Comment

Humana Taps NowPow to Address Social Needs Medicare & Medicaid Members in Chicago

What You Should Know: - Humana Inc., today announced it is partnering with NowPow to improve the health of communities across Chicago by identifying and addressing root causes of poor health. - As part of the partnership, Humana will leverage NowPow’s personalized community referral platform to help extend the digital infrastructure for its population health strategy supporting Humana Medicaid and Medicare members in Chicago. This effort aims to improve members’ health by meeting needs
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6 Ways eConsults Mitigate Impact of Second Surge of COVID-19 for Providers

by Peter Anderson, MBA, AristaMD advisor 05/18/2021 Leave a Comment

eConsults: Managing The Second Surge of Healthcare Needs

The COVID-19 pandemic accelerated telehealth adoption to help keep patients out of waiting rooms and emergency departments, in hopes to reduce exposure and spread of the virus.  Even so, it should not be news to healthcare stakeholders that patients experienced delayed healthcare in 2020. An estimated 1 in 3 Americans delayed care during this time, with 53 percent of respondents in a recent large-scale survey stating that they are worried about catching COVID-19 if they visit medical
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VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program

by Jasmine Pennic 05/13/2021 Leave a Comment

VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program

What You Should Know: - U.S. Centers for Medicare and Medicaid Services (CMS) launched its new Direct Contract program this month through its Primary Care initiative and VillageMD is the largest participating sponsor. VillageMD estimates it will serve more than 56,000 patients through its growing footprint of Village Medical primary care clinics, in eight states, including Arizona, Georgia, Illinois, Indiana, Kentucky, Michigan, New Hampshire and Texas.  - This new Direct Contracting
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