What You Should Know: - CloudMD announces it will acquire digital patient engagement platform iMD Health Global for $10M - The integration of iMD’s educational platform will enable CloudMD to provide its entire network of over 3000 healthcare practitioners, specialists, and allied health professionals and almost 3 million patients with valuable educational resources on healthcare issues, treatments, and preventative solutions. CloudMD Software & Services Inc., a Vancouver,
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TruePill Raises $75M to Launch At-Home Lab Testing Network
What You Should Know: - Truepill raises $75 million in Series C funding To expand platform services and launch an at-home lab diagnostics network. - The company plans to use the funds to expand Truepill’s ecosystem of direct-to-patient capabilities, which includes the Truepill Health telehealth network, pharmacy fulfillment, a custom-built EMR, and more. Truepill, a San Mateo, CA-based building world-class patient experiences through its API-connected healthcare infrastructure,
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Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH
What You Should Know: - How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue than
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Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands
What You Should Know: - Direct-to-consumer telehealth company Thirty Madison raises
$47M in Series B round from Johnson & Johnson and Polaris Partners. - Thirty Madison's three portfolio brands — Keeps, Cove,
and Evens — enables patients to easily access specialist-level care
combined with the convenience of telemedicine and treatment delivery. Thirty
Madison, a New York City-based digital health
company reinventing the patient experience
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Amwell Appoints Amazon Exec Serkan Kutan as Chief Technology Officer
Amwell,
a national telehealth
provider, announced today that Serkan Kutan has joined the company as
Chief Technology Officer. As part of his new role as CTO, Serkan will lead
building upon and further scaling Amwell’s national telehealth platform to
serve the needs of hospitals and health systems, health plans, innovators, and
patients. “Serkan’s experience in innovating, building and maturing transformative healthcare technologies will play a significant role as we scale Amwell to meet
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Noteworth Lands $5M to Expand All-in-One Care Delivery Platform
What You Should Know: - Noteworth, a first-of-its-kind Digital Healthcare
platform for modernizing Digital Medicine delivery operations, secured a $5
million oversubscribed seed funding round led by Laconia Capital Group - With this investment, the company will continue to
build upon the delivery of Noteworth’s first-of-its-kind Digital Healthcare
platform. Noteworth,
a Hoboken, NJ-based all-in-one-care delivery platform for modernizing digital medicine
delivery
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How to Implement HIPAA-Compliant Video Conferencing for Healthcare Providers
Video-conferencing software like Zoom has been getting a lot of attention of late as more and more people turn to digital tools to communicate remotely, whether to stay connected with loved ones, keep work flowing, or communicate with clients. Healthcare is certainly no exception. A global FICO study found that around 80% of people want to use their mobile phones to interact with doctors and other healthcare providers. Digital healthcare solutions were already on the rise
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8 in 10 Consumers Stated COVID-19 Made Telehealth “Indispensable” in Healthcare Delivery
What You Should Know: - 8 in 10 consumers said COVID-19 made telehealth “an indispensable part of the healthcare system, according to a new study commissioned by Change Healthcare. - 2020 Change Healthcare - Harris Poll Consumer
Experience Index reveals 65% said they plan to use telehealth more after the
pandemic, and 78% said COVID-19 has shown how badly the U.S. needs more
telehealth options. A majority of consumers agreed COVID-19 will
fundamentally change healthcare delivery
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How A Virtual Therapist Could Help Overcome Mental Healthcare Demands in Uncertain Times
Over the last few months, our hopes and expectations for 2020 have certainly been halted. There was an air of optimism globally as we entered the New Year and a new decade, but now we have been plunged into a world of uncertainty with the spreading COVID-19 pandemic. Future unknowns, both from a human well-being perspective and an economic standpoint are starting to take a toll on many people’s mental health. Understandably, the situation we find ourselves in is creating concern and worry and
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Amwell Raises $194M to Expand Telehealth Platform to Combat COVID-19 Pandemic
What You Should Know: - Telehealth leader American Well (Amwell) raises $194 million in Series C funding in an effort to expand to better serve patients and healthcare providers amid the COVID-19 pandemic. - As COVID-19 swept across the United States, Amwell has seen a significant expansion in the usage of its core Amwell Platform. American Well® (Amwell), a
national telehealth technology
and services company announced it has raised $194 million in Series C funding
with
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