Healthcare companies continue to implement value-based care and population health management initiatives to coordinate healthcare delivery and improve the quality and value of patient care. These initiatives depend on the ability to access, aggregate, and analyze massive amounts of patient data, often coming from hundreds of source systems. Critical system interoperability and data-sharing agreements enable healthcare organizations to aggregate data and build massive data assets to support their
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Technology
Truepill Launches White-Labeled Virtual Pharmacy Platform
What You Should Know:
- Truepill, the digital health platform powering consumer health experiences through diagnostics, telehealth and pharmacy infrastructure, today announced the launch of its Virtual Pharmacy platform.
- The new white label led e-commerce pharmacy solution that enables payers, pharmacy benefit managers (PBMs), health systems and other healthcare entities to reimagine a more modern and consumer-centric pharmacy shopping experience.
- The service is available in all
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Cigna International Taps Teladoc Health to Expand Telehealth Capabilities in India
What You Should Know:
- Cigna International today announced a collaboration with Teladoc Health to support populations in India during the current humanitarian crisis through telehealth solutions.
- In a coordinated approach, Cigna International Markets and Teladoc Health activated local and global telehealth capabilities in less than 24 hours and brought much needed care to many people who desperately need help from the global community.
- Together, both companies delivered an agile
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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
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
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?
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
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
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
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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