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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Virtual Care Platforms | News, Analysis, Insights - HIT Consultant
Coping with Crises: Using Telemedicine to Deliver Effective Virtual Critical Care
The COVID-19 pandemic has proven that telemedicine is essential for keeping the healthcare system running during a crisis. How can virtual critical care keep improving to help providers manage future emergency events? In early 2020, as the nation’s healthcare system almost buckled under the weight of the COVID-19 pandemic, providers searching for a way to stay connected to their patients turned to telemedicine. Primary care providers and specialists embraced virtual care, thanks to a
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Biofourmis Secures $300M to Expand Virtual Care Offerings
What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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Northwell Health Selects Teladoc Health to Improve Virtual Care Across Enterprise
What You Should Know: - Northwell Health, New York’s largest healthcare provider has signed a partnership agreement with virtual care provider Teladoc Health to deliver connected virtual care and expand care delivery to patients both inside and outside the four walls of the health system. The new enterprise strategy will leverage Teladoc Health’s collaboration with Microsoft, improving clinical teamwork and communication among Northwell clinicians. -
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LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts
What You Should Know: - Babyscripts, a virtual care platform for managing obstetrics, announced a one-year partnership with LCMC Health, a New Orleans-based, non-profit health system. - The partnership has provided more than 1,200 mothers with equitable access to care through the Babyscripts virtual maternity care platform and has been shown to increase patient compliance to important maternal care guidelines. LCMC Health Delivers Remote
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9am.health, Ascensia Partner to Expand Virtual Diabetes Clinic
What You Should Know: - 9am.health today announced it is expanding its virtual diabetes clinic through a strategic partnership with Ascensia to add the CONTOUR®NEXT ONE Blood Glucose Meter to Its patient toolkit. - 9am.health patients can now conveniently add Ascensia Diabetes Care’s blood glucose meter and test strips to their personalized treatment plan, with the meter offered free of charge to all patient care plans. The test strip add-on is available through a
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HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions
Mergers & Acquisitions (M&A) Activity OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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OpenLoop Raises $8M to Expand Full Stack, White Label Telehealth Services
What You Should Know: OpenLoop, a health tech startup delivering full-stack clinical support to companies launching and scaling virtual care services across the nation raises a Series A funding round of $8M led by SpringTide Ventures. - OpenLoop, known for the quality, flexibility and breadth of services they offer to clients who are often early in their telehealth delivery journeys, will use this fresh capital to continue to expand their technology-enabled infrastructure. They will be
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LG and Amwell Partner Co-Develop Digital Health Service Solutions
What You Should Know: - LG announced its partnership to Amwell to expand the boundaries of virtual care. By combining LG's broad innovation portfolio with Amwell's deep digital health care experience, the two companies plan to jointly develop new device-based service solutions designed to make it easier for patients to access care, whether in a hospital or at home. - This new alliance represents a key part of LG's strategic vision for creating new products and services for the next
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Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology
What You Should Know: - Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M. - The Story Health platform empowers specialists through intelligent embedded clinical software
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