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Technology

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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Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

by Fred Pennic 05/11/2021 Leave a Comment

Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

- Memora Health, a San Francisco, CA-based virtual care delivery platform led by 24-year-old Manav Sevak announced a $10.5M round of funding led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman's Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated. - Manav was inspired to start the company as a pre-med student following doctors
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Teladoc Health Launches Unified Mental Healthcare Experience

by Jasmine Pennic 05/11/2021 Leave a Comment

Teladoc Health Launches Unified Mental Healthcare Experience

What You Should Know: -  Teladoc Health announces the launch of myStrength Complete, an integrated mental health service providing personalized, targeted care to consumers in a single, comprehensive experience. myStrength Complete’s proprietary stepped care model is designed to seamlessly combine app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to ensure that consumers get the level of mental health support and care they need, when they need it. -
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Vida Health Raises $110M to Expand Personalized Virtual Care Platform for Mental & Physical Health

by Fred Pennic 05/05/2021 Leave a Comment

What You Should Know:      - Vida Health, a personalized virtual care platform for physical and behavioral health, today announced it has raised $110M led by General Atlantic and global insurance giants Centene, and AXA Venture Partners. Returning investors include Ally Bridge Group, Yahoo founder Jerry Yang’s AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, and Workday Ventures. - Centene’s investment in Vida
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Doctor On Demand Launches Chat-Based Coaching for Subclinical Behavioral Health Needs

by Jasmine Pennic 05/05/2021 Leave a Comment

Doctor On Demand Launches Chat-Based Coaching for Subclinical Behavioral Health Needs

What You Should Know: - Doctor On Demand announced Coaching as their newest behavioral health tool. This chat-based coaching solution is specifically designed for subclinical behavioral health needs and existing Doctor On Demand client ArcBest is the first to offer it to their employees. - With the addition of coaching, ArcBest employees now have a solution designed specifically to build coping skills and resilience to deal with everyday stressors that’s available 24/7. Coaching offers a
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Boost Mobile Offers Free Telehealth Services Powered by K Health

by Fred Pennic 05/05/2021 Leave a Comment

K Health Collabs with Mayo Clinic, Raises $42M from JayZ + SpaceX/Tesla, Valor Equity Partners

What You Should Know: - Boost Mobile, which serves millions of underinsured and uninsured customers, today announced it will become the first wireless provider to offer free telehealth services to its subscribers and their families by partnering with K Health. - Launching in early summer, new subscribers to Boost Mobile’s Unlimited Plus plan (and their immediate families) will receive immediate access to healthcare and doctors, via K Health, straight from their Boost Mobile phone. - K
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