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Telemedicine | News, Analysis, Insights - HIT Consultant

Dear Digital Healthcare: Let’s Do Better

by Michael Sheeley, Co-founder and CEO at Nurse-1-1 07/27/2022 Leave a Comment

Dear Digital Healthcare: Let’s Do Better

Digital transformation has increased healthcare access, but quality and consistency are lagging behind. A human touch – and some innovative thinking – can get us where we need to be. We weren’t prepared. But can you blame us? The healthcare industry has gone digital faster than anyone could’ve expected. Digital health options like telemedicine and online pharmacies existed before the pandemic. At some point, they would’ve naturally risen to prominence. COVID-19 forced us to stuff a
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RxLive Raises $5M for Population Health Telepharmacy Solutions

by Fred Pennic 07/26/2022 Leave a Comment

RxLive Raises $5M for Population Health Telepharmacy Solutions

What You Should Know: - RxLive, a provider of population health pharmacy solutions, today announced a $5 million Series A funding round led by SpringTide with participation by Cardinal Health. RxLive has raised a total of $8 million to date. - As value-based pharmacy care models expand beyond the retail pharmacy setting RxLive will use the funding to expand its engineering, analytics, and sales and marketing teams, with particular investment in the continuous improvement of its AI and the
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Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

by Sanjula Jain, PhD., Chief Research Officer, Trilliant Health 07/25/2022 Leave a Comment

Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

Driven by headlines and incomplete, misleading data that favor a telehealth narrative, health systems and healthcare investors must start asking "who" is actually supporting waning demand. The healthcare industry is no stranger to the 80/20 rule. The principle says 80% of an effect is driven by 20% of a cause, and in healthcare, it usually refers to there being a specific cohort of the population (e.g., the chronically ill) driving the majority of care utilization and costs. More recently,
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Covid Clinic Expands Its Services to Offer Treatment Options, Telemedicine Consultations & Prescription Access

by Jasmine Pennic 07/22/2022 Leave a Comment

Covid Clinic Expands Its Services to Offer Treatment Options, Telemedicine Consultations & Prescription Access

What You Should Know: - Covid Clinic, a nationwide network of COVID-19 testing sites is expanding its core service offerings across the United States. - In partnership with Driven Care, patients will now be able to easily access treatment options, including antiviral prescription services and consultations, through its newly launched telemedicine services.Why It Matters According to the CDC’s most recent data release, COVID-19 cases are exponentially rising across the country, due
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Leveraging Telemedicine as a Workforce Multiplier for Clinicians

by Doug Duskin, CEO of Avel eCare 07/07/2022 Leave a Comment

Leveraging Telemedicine as a Workforce Multiplier for Clinicians

COVID has shown us that telemedicine is effective and easy to use.  But why limit the use of virtual care to public health emergencies? With providers and clinicians under increasing strain from staffing gaps and other issues, telemedicine is a valuable solution. Telemedicine has been a crucial tool in the fight against COVID-19, allowing patients and providers to stay connected even when quarantine rules keep them physically separated.  During the first phase of
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Analysis: How Will The Roadmap for Diagnostic Cardiology Devices Develop?

by Kelly Patrick, Principal Analyst at Signify Research 06/30/2022 Leave a Comment

Analysis: How Will The Roadmap for Diagnostic Cardiology Devices Develop?

Like most healthcare markets, the diagnostic cardiology market has had a bumpy ride in recent years. The COVID-19 pandemic saw global revenues for Resting ECG devices increase in 2020, whilst ECG Management Systems, Stress ECG and Traditional Holter ECG solutions saw a market decline. Country lockdowns resulted in reduced cardiology services during the peak of the pandemic, as non-urgent appointments were delayed. 2021 showed relief for cardiac facilities as providers started to deal with the
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Analysis: Is Oracle Cerner Planning to Build A National EHR?

by Alex Green, Director at Signify Research 06/24/2022 Leave a Comment

Analysis: Oracle Cerner’s Plans for a National EHR

Earlier this month Oracle closed its $28.3B acquisition of Cerner and shortly after Oracle founder and CTO, Larry Ellison, outlined Oracle’s vision for Healthcare IT post-acquisition. The key elements of this vision included:   - Developing a solution for a national EHR database.  - Leveraging this solution, and similar smaller-scale connected EHR initiatives, to provide life science, pharma and other users with a rich environment for research, clinical trials and drug
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Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

by Fred Pennic 06/07/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment raises $50M in Series B funding led by InterAlpen Partners, bringing the company’s total funds raised to $83 million. Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures, and City Light Capital. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle Health provides confidential, convenient and
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Hint Health Raises $45M To Expand Direct Primary Care (DPC) Network

by Fred Pennic 06/01/2022 Leave a Comment

Hint Health Raises $45M To Expand Direct Primary Care (DPC) Network

What You Should Know: - Hint Health, a direct primary care (DPC) provider raises $45M led by Banneker Partners and Frist Cressey Ventures. - The investment will support the growth of Hint’s operating system technology for core customers and an expansion of its national DPC network, Hint Connect. Hint Health will also use the investment to increase services that support innovative virtual-first care models and near-site / on-site clinics that directly contract with
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Taking the Pulse on eCME – What’s Next for Continued Medical Education

by Matt Titus, VP & Chief Commercial Officer at epocrates 05/27/2022 Leave a Comment

Taking the Pulse on eCME – What’s Next for Continued Medical Education

Over the past two years, we’ve witnessed the massive digital disruption in healthcare that was spurred by the pandemic. The most frequent example tends to be in the rapid adoption of technology like telemedicine, but this disruption has touched even the most seemingly small pieces of the healthcare ecosystem and will have long lasting consequences.  Just consider the conferences that once used to draw large crowds of physicians seeking to attain their continuing medical education (CME)
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