What You Should Know: - Wheel, an Austin, TX-based virtual care platform empowering companies to deliver consumer-centric care, announced the next generation of its virtual care platform to help enterprise organizations build seamless care experiences. - Wheel enables enterprise organizations looking to grow their virtual care offering, drive engagement and loyalty, and deliver high-quality virtual care at scale. In just three years, the company has delivered care to over four
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Virtual Care Platforms | News, Analysis, Insights - HIT Consultant
Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access
What You Should Know: - Summus, a New York City-based virtual health company focused on specialty care, has raised $19.5M in its latest funding round to support the company’s continued growth and work to tackle the access problem in healthcare. - With a total of $70 million raised to date, Summus aims to expand its innovative approach to care, and this new investment will support the company in its efforts to revolutionize how patients and healthcare professionals share and access
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HealthSnap Secures $9M for Remote Patient Monitoring Platform
What You Should Know: HealthSnap, a Miami-based remote patient monitoring platform for chronic disease management raises $9M in funding led by Asclepius Growth Capital, an SPV founded by David Jahns, a managing director of Galen Partners, and Steve Cashman, CEO of Caption Health and former CCO of InTouch Health, as well as new strategic investments from current business partners UnityPoint Health and Tampa General Hospital. Existing stockholders Florida Funders and MacDonald Ventures also
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17 Execs Share How Health IT Can Address Clinician Burnout, Staffing, & Capacity
Clinician shortage has reached a new level of urgency as we face rising demand and healthcare costs, according to a recent Accenture report. Healthcare workers are increasingly burned out and leaving the industry altogether in droves. Those who remain to do the work are overburdened. We ask seventeen healthcare IT executives for their insights on how health IT solutions could potentially help address clinician burnout, clinician staffing shortages, and deal with capacity. Staffing levels
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business
What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6. Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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KeyCare Completes $27M Round to Expand Epic-based Virtual Care Platform
What You Should Know: - KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the completion of its Series A funding round following new investments from Ziegler and two additional health systems. This expanded backing brings KeyCare's total Series A raise to over $27 million. - These investors join 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures in support of KeyCare's mission to improve patient access, expand
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HLTH22: 6 Digital Health Executives Share Key Takeaways
We reached out to six digital health executives for their key takeaways and reflection from attending the recent HLTH22 conference. Sunny Kumar, MD, Partner at GSR Ventures, a $3B AUM venture firm investing in early-stage digital health companies. The most fascinating element of HLTH 2022 were the concurrent contrasts. Set against a challenging macroeconomic environment with decreases in venture funding and near-daily headlines of large layoffs cutting across the tech ecosystem,
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HLTH22 Day 3 News Summary
DispatchHealth Raises $330M for Hospital-at-Home Care DispatchHealth, a provider of in-home medical care raises $330M led by Optum Ventures with support from current investors such as Humana (NYSE: HUM), Oak HC/FT, Echo Health Ventures and Questa Capital. New investors included Adams Street Partners, the Olayan Group, Silicon Valley Bank, Pegasus Tech Ventures and Blue Shield of California. Patients and their care partners can request DispatchHealth medical care via phone, mobile app, or
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Verizon and Higi Extend Community Healthcare Access & Services
What You Should Know: - Wireless and communications leader Verizon and Higi - a consumer health engagement company announced their collaboration to provide digital health solutions and services that will extend care access for communities and help support preventative health, drive literacy, and identify high risk consumers eligible to be managed via home-based monitoring. The partnership will prioritize solution delivery in service of community
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Wheel Acquires GoodRx Care Backend Tech for $19.5M
What You Should Know: - Virtual care company Wheel acquires GoodRx Care’s backend virtual care technology, including its clinician-centric EMR, powerful clinical management tools, and flexible patient experience software for $19.5M in cash. - As part of the acquisition, Wheel will integrate GoodRx Care’s underlying technology to expand its existing virtual care platform capabilities and GoodRx will continue to own the consumer-facing GoodRx Care website and mobile app. GoodRx will continue
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