What You Should Know: - From 2020 to 2021, telehealth utilization declined 76 percent nationally while, during that same period, retail clinic utilization increased 51 percent nationally. - Retail clinic growth had the greatest increase among all alternative places of service studied—retail clinics, urgent care centers, telehealth and ambulatory surgery centers (ASCs)—as well as emergency rooms (ERs), in a new FAIR Health white paper containing the sixth annual edition of
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Telemedicine & Telehealth | News, Analysis, Insights - HIT Consultant
UR Medicine Taps DexCare to Power On-Demand Video Visits
What You Should Know: - UR Medicine, the clinical enterprise of the University of Rochester Medical Center, has selected DexCare’s technology to power its Get Care Now Program and provide more patients with on-demand video visits. - By choosing DexCare to offer On-Demand Video Visits, UR Medicine patients now have access to immediate, high-quality care from the comfort of their own homes. UR Medicine now serves patients across 24 counties in New York – beyond those where the health system
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Love.Life Acquires Telemedicine Platform Plant Based TeleHealth
What You Should Know: - Love.Life, a health and wellness company leading the convergence of food, medicine, and wellness therapies, is pleased to announce the acquisition of Plant Based TeleHealth Inc., a nationwide telemedicine service focused on the prevention and reversal of chronic disease utilizing lifestyle medicine. - The company has been rebranded as Love.Life Telehealth and will add to the robust suite of medical offerings that Love.Life will feature in its
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Cosmos Health Acquires Telemedicine Platform ZipDoctor – M&A
What You Should Know: - Cosmos Health Inc., a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, announced today that it has entered into a definitive agreement to acquire ZipDoctor Inc. from American International Holdings Corp (AMIH) for an undisclosed sum. - ZipDoctor Inc., a wholly owned subsidiary of American International Holdings Corp. (AMIH), is a direct-to-consumer
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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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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
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
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
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
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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