The global telemedicine market for technologies, including hardware, software & services, stood at US$ 17.8 Billion in 2014, and is anticipated to grow at a CAGR of 18.4% during 2014-2020. The findings from Reportlinker reveals the shortage of physicians in rural and remote areas is fueling the opportunity for telemedicine to spread its reach to millions of patients.
Additionally, telemedicine applications are surging due to the high prevalence of chronic diseases, rising smartphone
Read More
Telemedicine & Telehealth | News, Analysis, Insights - HIT Consultant
Fruit Street Health Integrates 175 Apps/Wearables to Telemedicine Platform
Digital wellness and telemedicine platform Fruit Street Health has chosen Validic’s digital health platform to access more than 175 wearable devices and applications into its telehealth software, personal health record and HIPAA compliant video conferencing platform.
Fruit Street, Validic Integration
As part of the integration with Validic, Fruit Street Healtht is able to integrate with more than 175 wearable technologies and apps such as FitBit, Withings, Jawbone UP, iHealth Labs, and Apple
Read More
MEDNAX To Acquire Teleradiology Firm vRad for $500M
MEDNAX, a national medical group comprised of the nation's leading providers of neonatal, anesthesia, maternal-fetal and pediatric physician subspecialty services announced that it will acquire teleradiology firm vRad for $500 million. vRad's current management team will join MEDNAX as part of the transaction. The company's headquarters and 24/7 operations and client support center will continue to be based in Eden Prairie, Minnesota.
vRad Overview
The outsourced radiology physician services
Read More
Sherpaa Raises $2.25M to Expand Employer Telehealth Visits
NYC-based digital healthcare company, Sherpaa, has raised $2.25 million, bringing the company’s totally funding to $8 million. Investors for this round are O'Reilly AlphaTech Ventures, Softbank and Draper and Associates.
Co-founded by Dr. Jay Parkinson MD, MPH in 2012, New York-based, Sherpaa is a health service that HR executives can provide on top of insurance plans. It allows employees to have access to physicians 24/7 through phone or asynchronous text communication as well as insurance
Read More
Joint Telehealth Pilot Program Reduces Hospitalizations by 45%
An at-home telehealth pilot program for patients with multiple chronic conditions between Philips and Arizona-based Banner Health has led to a 45 percent reduction in hospitalizations. Working together to address the shift toward value-based care and increased penalties for readmissions, the Intensive Ambulatory Care (IAC) pilot program assessed the results of 135 patients1 to determine the effectiveness of the IAC program in meeting its clinical and financial goals.
Joint Telehealth Program
Read More
American Well Unveils Telehealth 2.0 App for Physicians
Today during the 20th Annual Telemedicine Meeting & Trade Show in Los Angeles, American Well, the nation's largest telehealth service, unveiled its next generation product line, AW8. The next generation platform reflects a significant expansion in the reach of telehealth: whereas traditionally telehealth connected patients with available doctors to treat urgent care issues, Telehealth 2.0 now allows individual physicians to bring telehealth into their daily practice and use it to care for
Read More
Telehealth Giant Teladoc Files for IPO
On late Tuesday this week, Dallas-based telehealth provider, Teladoc filed a confidential draft registration form for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), WSJ reports. 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 providing a video visits platform for doctors and patients.
The company has raised more than $100
Read More
Intel-GE Care, UMMC to Evaluate New Models of Care Using Remote Patient Monitoring
Intel-GE Care Innovations, a joint venture between Intel Corporation and GE Healthcare is expanding its relationship with the Center for Telehealth at the University of Mississippi Medical Center (UMMC) to establish an Innovation Living Lab. The new Innovation Living Lab will create and evaluate new models of care using remote care management technology and approaches to patient behavior change that will facilitate improvements in health outcomes.
On Feb. 24, UMMC announced its plans for
Read More
University of Michigan Pediatric Launches Telemedicine Program for Obesity
This week, the University of Michigan C.S. Mott Children's Hospital Pediatric is launching a new telemedicine program that will provide patients access to their evidence-based pediatric weight management program without the need for families to make frequent trips to Ann Arbor. Utilizing Fruit Street Health's HIPAA compliant video platform, clinicians will deliver individual and group sessions via video conferencing to collect activity and nutrition information from patients easily between
Read More
TruClinic, Google Partner to Bring Telemedicine to Chromebooks
Utah-based TruClinic has announced a partnership with Google for Work that will bring TruClinic’s online telemedicine solution to Google Chromebooks. As part of the partnership, Google Chromebooks will come preloaded with TruClinic and other healthcare applications to better address patient needs throughout the entire care process to deliver large scale telemedicine coverage throughout provider networks.
How It Works
By utilizing Chrome OS, a referring doctor has real time capability of
Read More
