What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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Technology
Telehealth Startup PursueCare Raises $11M for Virtual Medication-Assisted Program
What You Should Know:
- Telehealth addiction treatment provider PursueCare announced it has raised a total of $11 million in Series A funding after an oversubscribed $7 million Series A2 capital raise. The round was led by OCA Ventures, Seyen Capital, Wasabi Investors and a syndicate of experienced healthcare investors.
-Founded in 2019, PursueCare, has experienced massive demand for its virtual Medication-assisted Treatment (MAT) programs for opioids and other substance use disorders
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform
What You Should Know:
- Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls.
-
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70% of Patients Prefer A Virtual Waiting Room, Survey Reveals
What You Should Know:
- Nearly 70% of patients would prefer a “virtual waiting room” than arriving at the office in person and completing the paperwork in a waiting room, according to survey results from LifeLink Systems.
- The survey, conducted by YouGov on behalf of Lifelink Systems, polled more than 2,400 U.S. adults across age, income, ethnic, and geographic groups ). Survey participants were then presented with the concept of a Virtual
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FCC to Provide Additional $249M for COVID-19 Telehealth Program
What You Should Know:
- The Federal Communications Commission’s Wireline Competition Bureau will begin accepting applications for Round 2 of the COVID-19 Telehealth Program on Thursday, April 29, 2021 at 12:00 PM ET at www.fcc.gov/covid19telehealth.
- The filing window will last seven calendar days and close on Thursday, May 6, 2021 at 12:00 PM ET. Round 2 of
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TytoCare & GIVA Care Partner to Bring Telehealth to Ukraine
What You Should Know:
- TytoCare has partnered with GIVA Care Group, a leading healthcare distribution company, to bring its all-in-one remote examination solution to the Ukrainian healthcare industry.
- The partnership with GIVA Care will mark the first implementation of the TytoCare telehealth solution in Eastern Europe. As the sole distributor
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Does Telemedicine Impede or Help the Patient-Centered Medical Home?
Traditional patient care patterns have been radically altered by the COVID-19 pandemic. And after more than a year of disruption, it’s doubtful that everyone will revert to those patterns after the pandemic.
New habits have been formed, and consumers are more willing to pursue the path of least resistance in obtaining care, such as opting for quick and easy telemedicine appointments. Both patients and clinicians have identified benefits from virtual care approaches.
However, this and other
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Unite Us and Metro United Way Invests $1M Towards Financial Efforts in Greater Louisville Area
What You Should Know:
- Enterprise coordinated care network provider, Unite Us, makes a combined $1 million investment with Metro United Way for help towards pandemic struggles and social upheaval in the Greater Louisville metro area.
- Funds will provide housing-related costs and support for Louisville residents impacted both by the COVID-19 pandemic and persistent, historical inequities.
- Financial support will come in the form of both rental/mortgage payments and flexible cash
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How a Virtual Care Mindset Leads to Greater Patient Acceptance and Sustainable Telehealth Growth
There's no question that the demand for telehealth and virtual care has grown exponentially over the last twelve months. With that growth has come a fundamental shift in the attitude toward virtual care. No longer do patients and providers take a "let's try it" approach—now, it's "we must do it." This is evidenced by the number of telehealth claims filed. In 2020, telehealth claims skyrocketed, increasing by 2,938% in November 2020 versus November 2019 as patients demanded virtual options and as
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Medtronic Launches Initiatives to Address Health Equity for People of Color Living with Diabetes
What You Should Know:
- Medtronic announced its ongoing commitment to health equity for people of color living with diabetes. The company committed investments in partnerships with the American Diabetes Association® (ADA) and T1D Exchange, as well as additional research efforts, to better understand and address these disparities.
New Partnerships and Research Efforts Prioritized Over the Next Three Years to Address Health Disparities
Details of each partnership, as well as additional
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