What You Should Know:
- Oshi Health, a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics, today announced it has secured $23M in Series A funding. The round was co-led by Flare Capital Partners, Bessemer Venture Partners and Frist Cressey Ventures with a strategic investment from CVS Health Ventures. Takeda Digital Ventures, which has funded the company since its inception, also participated in the round along with several noteworthy health
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Telemedicine & Telehealth | News, Analysis, Insights - HIT Consultant
NowRx Launches $73M Equity Crowdfunding Round to Expand Same-Day Prescription Delivery & Telehealth Services
What You Should Know:
- NowRx, a Mountain View, CA-based provider of same-day prescription delivery and telehealth services, today announced it is raising a $73M in Series C funding through equity crowdfunding platform SeedInvest.
- By leveraging customized robotic dispensing, industry-leading consumer and driver apps, and QuickFill, a proprietary pharmacy management and logistics system, NowRx can offer same-day end-to-end services, from online prescribing to
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Teladoc Health Expands Virtual Primary Care to Health Plans
What You Should Know:
- Teladoc Health today announced it is expanding its virtual primary care service, Primary360 to commercial health plans, employers and other organizations that sponsor healthcare for individuals and families in the United States. Teladoc Health has received a positive initial response to Primary360 in the marketplace and the role it plays in delivering comprehensive, virtual-first benefits. Several Fortune 1000 employers are live today on the new primary care
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4 Ways 5G is Transforming Healthcare & Patient Care
We hear a lot about 5G technology, but for many of us, it's link to our lives goes as far as our smartphones and mobile service providers. But to think that 5G technology is only valuable for making our data speeds faster is like saying that electricity is great because it allows us to read books before bed. Sure, both are favorable side effects, but the impacts of each invention are far more widespread than that.
A lot of industries have been disrupted by 5G technology — the video game
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4 Best Practices to Deliver Virtual Palliative Care for Providers
More and more people are living with serious illnesses such as cancer, heart failure, chronic obstructive pulmonary disease and liver disease. The National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP) reports that 60 percent of U.S. adults have a chronic disease, which is the leading cause of death and disability and the leading driver of healthcare costs.
Palliative care is well-positioned to meet the unique needs of seriously ill individuals by helping to deliver
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Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform
What You Should Know:
- Pager, a New York City-based virtual care navigation and collaboration platform, today announced it has raised $70 million as part of an equity and debt financing round led by Susquehanna Private Equity Investments and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey’s largest health insurer. The new capital brings the total to more than $120 million after a year of explosive growth
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eVisit Nabs $45 Million to Scale Virtual Care Platform
What You Should Know:
- eVisit, a Phoenix-based virtual care platform for large healthcare providers, today announced that it has closed a $45M in Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders.
- eVisit will invest the capital to drive growth by building out its Virtual Care platform and
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Alpha Medical Lands $24M for Women’s Virtual Primary Care Platform
What You Should Know:
- Femtech company Alpha Medical, today announced it has raised $24M in Series B funding to expand its market share in women's virtual primary care. Alpha Medical recognizes that women’s healthcare needs reshaping to include reproductive health, primary and urgent care, and mental health services.
- Alpha Medical leverages a unique telemedicine platform diagnosing and treating women quickly and conveniently from the comfort of their own home. The Alpha clinical team
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Clinicians Believe Telehealth Will Make Up Majority of Future Patient Care, Report Finds
What You Should Know:
- 76% of patient-facing clinicians believe telehealth will make up a majority of patient care in the near future, according to key findings from Hewlett Packard Enterprise's (HPE) first-ever multi-country Future of Healthcare” Survey. The new report not only found healthcare clinicians and IT Decision Makers (ITDMs) optimistic about the future of telehealth but 85% of ITDMs noted that IT modernization is now one of the driving forces behind infrastructure investment in
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Telehealth: Short-Term Fad or Key to Improving Access to Affordable Healthcare?
While telehealth offerings have always held great promise, prior to 2020, their success was sometimes hindered by provider hesitation to adopt the technology, consumer reluctance to using virtual care, and a reimbursement methodology that did not value the investments required by providers or the positive impact on patients.
That all changed practically overnight when COVID-19 struck.
Use of telehealth spiked to more than 32% of office and outpatient visits by April 2020, thanks in
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