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
Read More
Technology
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
Read More
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
Read More
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
Read More
Humana Taps NowPow to Address Social Needs for Medicare & Medicaid Members in Chicago
What You Should Know:
- Humana Inc., today announced it is partnering with NowPow to improve the health of communities across Chicago by identifying and addressing root causes of poor health.
- As part of the partnership, Humana will leverage NowPow’s personalized community referral platform to help extend the digital infrastructure for its population health strategy supporting Humana Medicaid and Medicare members in Chicago. This effort aims to improve members’ health by meeting needs
Read More
6 Ways eConsults Mitigate Impact of Second Surge of COVID-19 for Providers
The COVID-19 pandemic accelerated telehealth adoption to help keep patients out of waiting rooms and emergency departments, in hopes to reduce exposure and spread of the virus. Even so, it should not be news to healthcare stakeholders that patients experienced delayed healthcare in 2020. An estimated 1 in 3 Americans delayed care during this time, with 53 percent of respondents in a recent large-scale survey stating that they are worried about catching COVID-19 if they visit medical
Read More
VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program
What You Should Know:
- U.S. Centers for Medicare and Medicaid Services (CMS) launched its new Direct Contract program this month through its Primary Care initiative and VillageMD is the largest participating sponsor. VillageMD estimates it will serve more than 56,000 patients through its growing footprint of Village Medical primary care clinics, in eight states, including Arizona, Georgia, Illinois, Indiana, Kentucky, Michigan, New Hampshire and Texas.
- This new Direct Contracting
Read More
Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz
- Memora Health, a San Francisco, CA-based virtual care delivery platform led by 24-year-old Manav Sevak announced a $10.5M round of funding led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman's Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated.
- Manav was inspired to start the company as a pre-med student following doctors
Read More
Teladoc Health Launches Unified Mental Healthcare Experience
What You Should Know:
- Teladoc Health announces the launch of myStrength Complete, an integrated mental health service providing personalized, targeted care to consumers in a single, comprehensive experience. myStrength Complete’s proprietary stepped care model is designed to seamlessly combine app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to ensure that consumers get the level of mental health support and care they need, when they need it.
-
Read More
Vida Health Raises $110M to Expand Personalized Virtual Care Platform for Mental & Physical Health
What You Should Know:
- Vida Health, a personalized virtual care platform for physical and behavioral health, today announced it has raised $110M led by General Atlantic and global insurance giants Centene, and AXA Venture Partners. Returning investors include Ally Bridge Group, Yahoo founder Jerry Yang’s AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, and Workday Ventures.
- Centene’s investment in Vida
Read More
