By now, you’ve likely read hundreds, if not thousands, of stories about telehealth and its precipitous rise sparked by the pandemic. While telehealth usage has dipped from its peak in April 2020, overall utilization is still 38 times higher than before the pandemic. The numbers lend credence to the numerous benefits touted throughout the public health emergency, most notably serving as a vital lifeline for high-risk patients, reducing the risk of exposure for staff, alleviating patient demand on
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Telehealth | Virtual Care | News, Analysis, Insights
HLTH21: TytoCare Launches Enhanced Telehealth Video Capabilities Powered by Amazon Chime
What You Should Know: - Today at HLTH21, TytoCare launched an expansion of its video capabilities, including enhanced video quality, multi-party calls, and the ability for clinicians to conduct remote visits on any tablet, including iPads. - The enhanced video capabilities include top-of-the-line video quality on Windows and MacOS, iOS and Android, and tablets, including iPads; multi-party calls to include primary care providers, interns, specialists, interpreters, caregivers, and
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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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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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NHS Deploys TytoCare’s Telehealth Solution to 14 Trusts Across UK
What You Should Know: - TytoCare, an NYC-based all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, today announced its expanded partnership with the NHS that will see the deployment of TytoCare’s telehealth solution across 14 organizations and 26 projects in Yorkshire and Humber, including Leeds Children’s Hospital, Sheffield Children’s, and nearly 70 care homes. - The integration of the telehealth solution will allow clinicians to diagnose
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Closing the Digital Divide in Healthcare & Equitable Telehealth Access
We live in an era of rapid innovation and digital transformation in healthcare. According to Accenture’s 2021 Digital Health Tech Vision report, 93% of health executives said their organizations are prioritizing urgent innovations this year; meanwhile, 81% said the pace of innovation is picking up in their organizations. All of this innovation is being fueled by a sharp increase in funding for digital health. An estimated $6.7 billion went to healthcare startups during the first quarter of
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Equum Medical Raises $20M to Expand Acute Care Telehealth Solutions
What You Should Know: - Equum Medical, a New York City-based provider of acute care telehealth and teleICU solutions, today announced that it raised $20 million in growth equity from Heritage Group. - Equum Medical brings together an experienced team of clinicians with advanced, data-driven change management methodologies to provide a variety of acute care telehealth services, hospitals and health systems are able to access scarce clinical resources when and where they need them. The
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Prisma Health Taps TytoCare to Expand its Telehealth Offerings
What You Should Know: - TytoCare has partnered with Prisma Health, the largest healthcare system in South Carolina, to expand its telehealth offerings. - The integration of TytoCare into Prisma Health’s current virtual care offering will allow the health system to diagnose and treat patients remotely with in-depth, physical examinations during video visits. Prisma Health is utilizing TytoCare for its federally funded post-COVID-19 disaster relief program, for professional use in schools,
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HIMSS21 Day 3 Roundup: Sharecare Acquires CareLinx, Verizon Telehealth, Samsung
Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M Sharecare today announced that it has closed its acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since
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