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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Technology
Florida’s PremierMD ACO Selects eClinicalWorks for Population Health Management
Florida’s PremierMD ACO LLC (Premier), an ACO participating in the Medicare Shared Savings Program, has chosen the eClinicalWorks CCMR population health platform to advance its ACO objectives, coordinate care across the continuum as well as evaluate population health and quality improvement activities. eClinicalWorks will also be the preferred EHR solution for the organization.
Premier participates in the Medicare Shared Savings Program, which has been created by the Centers for Medicare
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Telehealth App Approved By NHS to Deliver Prescriptions to UK Patients
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
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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Heal Nabs $5M for On-Demand Doctor House Calls
On-demand doctor house call service provider Heal has raised $5 million in seed funding led by Slow Ventures, March Capital, Pritzker Capital. The round also included numerous renowned angels, including: Dr. Paul Jacobs, Qualcomm Executive Chairman; James Lassiter, founder of Overbrook Entertainment; Stephen Rader, founder of Clarity Partners; Jamie McCourt; Lionel Richie; and Mike Wortsman, former President of Univision. The funding round brings the company’s total funding to $8.7
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CHIME Urges Congress to Rethink Federal Telehealth Policies
On Monday, the College of Healthcare Information Management Executives (CHIME) sent a letter to a Senate Finance Committee workgroup urging them to rethink the reimbursement of telehealth services, as well as how it can serve as an effective alternative for improved healthcare delivery.
In the letter CHIME stated, "inconsistencies in the definition and reimbursement policies of telehealth services in federal and state programs are hurdles to widespread adoption. While Medicaid encourages
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Population Health: 37 Healthcare Executives Define the Term
The term “population health” has been a buzzword in the health IT lexicon for the past few years. Driven largely by the healthcare industry’s transition from a volumes based model to value-based delivery, population health plays a key role in emphasizing the accountability of outcomes. The concept of population health was originally defined as “the health outcome of a group of individuals, including the distribution of such outcomes within the group” by David Kindig and Greg Stoddart in 2013.
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UBS Recommends WorldClinic for Concierge Telemedicine
UBS Wealth Management Americas has chosen WorldClinic to be one of only two recommended healthcare resources on the UBS platform of healthcare offerings for its high net worth clients and key executives. The concierge telemedicine provider was chosen after a nationwide review of more than 30 different healthcare companies that started in the spring of 2014.
WorldClinic Continuous Connected Care model leverages the latest cutting edge technology in mobile health monitoring devices and
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Doctor on Demand Raises $50M for Telehealth Video Visits
Doctor On Demand has closed a $50 million round of Series B financing to fuel the rapid expansion of its telehealth video visits platform. The round was led by Tenaya Capital along with investors Qualcomm Ventures, Dignity Health, and 23andMe CEO Anne Wojcicki. Existing investors, Venrock, Shasta Ventures, and Sir Richard Branson also participated in the round. To date, Doctor On Demand has now raised more than $74 million in total funding.
Available on iPhone, iPad,Android and desktop,
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Cleveland Clinic Launches 24-Hour Telehealth Visits Via Mobile App
Cleveland Clinic is now offering 24-hour telehealth visits that allows Ohio-based patients to receive urgent care consults via smartphone, tablet or computer for just $49 dollars. The new telemedicine service called MyCareOnline is provided through Cleveland Clinic’s partnership with telehealth platform provider American Well.
“It’s tremendously more convenient, because people can be seen from home or work,” said Dr. Peter Rasmussen, the medical director for distance health at Cleveland
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