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Technology

OpenLoop Secures $15M for White-Label Telehealth Support

by Syed Hamza Sohail 03/15/2023 Leave a Comment

OpenLoop Secures $15M for White-Label Telehealth Support

What You Should Know: - OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding. - The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable
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Q/A: Dr. Masturzo Talks Addressing Food Insecurity with Patients

by Fred Pennic 03/13/2023 Leave a Comment

Dr. Arti Masturzo

Today, food insecurity affects more than 41 million Americans and is prevalent among children and the elderly population. Food insecurity is defined as the limited availability of nutritionally adequate and safe food or the inability to acquire these foods in socially acceptable ways. As a result, food insecurity can exacerbate medical conditions driving up hospital/health systems patient care costs. To learn more about how healthcare providers can address food insecurity, we sat down with Dr.
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Beam Healthcare Lands Growth Funding from Decathlon Capital Partners

by Jasmine Pennic 03/10/2023 Leave a Comment

Beam Healthcare Lands Growth Funding from Decathlon Capital Partners

What You Should Know: - Clinical telemedicine company Beam Healthcare has landed a significant investment from Decathlon Capital Partners. Details of the revenue-based funding investment were not disclosed. - Beam Healthcare plans to utilize the funding toward expanding into new geographic markets and continuing its investment into the development of enhanced patient care programs. Beam Healthcare provides telemedicine services across the country to healthcare organizations and employers
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Opkit Launches First Insurance Verification Platform for Telehealth

by Fred Pennic 03/08/2023 Leave a Comment

Opkit Launches First Insurance Verification Platform

What You Should Know: - Y Combinator startup Opkit emerges from stealth with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are providing care for a wide range of patients across the United States. The startup has raised more than $1M from Global Founders Capital, Mischief (Plaid founder Zach Perret's fund), Socially Financed, Y Combinator and Rex Salisbury, former partner at Andreessen
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NTT DATA Survey Reveals Lack Of Awareness Around Healthcare-At-Home Options & Preference for Telehealth

by Jasmine Pennic 03/07/2023 Leave a Comment

NTT DATA Survey Reveals Lack Of Awareness Around Healthcare-At-Home Options & Preference For Telehealth

What You Should Know: - A new NTT DATA survey reveals that 52% of U.S. adults did not know that healthcare providers are testing or working towards providing in-home medical care as opposed to requiring an in-office or hospital visit. Of those respondents, more than one out of three (35%) noted they currently would prefer to receive care in their home. - Garnering responses from 1,000 U.S.-based adults, the survey data uncovers that while the general consumer population is
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

by Fred Pennic 03/06/2023 Leave a Comment

Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6.  Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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IDS Taps Veta Health to Expand Virtual Care Offerings

by Strategic Partnerships 03/03/2023 Leave a Comment

IDS Taps Veta Health to Expand Virtual Care Offerings

What You Should Know: - Veta Health and Indiana-based Interactive Digital Solutions (IDS) announced their strategic partnership to expand IDS's virtual care offerings through an exclusive reseller agreement. - The adoption of telehealth and virtual care has surged since the Covid-19 pandemic and the demand for solutions that extend beyond virtual visits is high. The partnership enables hospitals and health systems to contract with a single organization to provide a
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Walmart & CareSource Partner to Address Racial Health Inequities

by Fred Pennic 02/28/2023 Leave a Comment

Walmart & CareSource Partner to Address Racial Health Inequities

What You Should Know: - Today, Walmart announced a three-year agreement with the nonprofit organization, CareSource to address cardiometabolic conditions and maternal health in under-resourced and underserved communities. - The partnership expands the work Walmart and CareSource are doing to help improve care around maternal and child health in Georgia - the two launched a pilot in Georgia earlier this year to help Black maternal health across the state. Address
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Unite Us Advances Black Maternal Health in Miami-Dade

by Jasmine Pennic 02/28/2023 Leave a Comment

Unite Us Advances Black Maternal Health in Miami-Dade

What You Should Know: - Today, Unite Us -- a software company enabling collaboration across sectors to improve the health and well-being of communities -- announced a partnership with Metro Mommy Agency,  a full-spectrum doula service provider to improve the quality of maternity care for Black women in Miami-Dade County. - Black women in Miami-Dade face maternal and infant mortality rates 168% higher than white and Hispanic women in the county. Doula care
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Consumers Prefer Telehealth to In-Person Visits While Traveling

by Jasmine Pennic 02/28/2023 Leave a Comment

Consumers Prefer Telehealth to In-Person Visits While Traveling

What You Should Know: - New KeyCare survey finds nearly 7 in 10 (68%) of consumers who needed minor but urgent medical services while traveling in the prior year received care via telehealth visits with their regular physicians or affiliated members of their physicians’ care teams, outpacing all other care-delivery options.  - Results are based on a survey of 400 consumers who have previously scheduled and
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