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Virtual Healthcare | News, Analysis, Insights - HIT Consultant

HLTH22: LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages

by Syed Hamza Sohail 11/14/2022 Leave a Comment

LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages

What You Should Know: - Global innovator LG Electronics announced its first joint solution with digital healthcare enablement leader Amwell®, designed to expand the boundaries of digital health innovation and address a major issue faced by hospitals across the country – workforce shortages. - Showcased at HLTH 2022, a Carepoint™ TV Kit, by LG and powered by the Amwell Converge™ platform, leverages existing LG healthcare TVs in patient rooms to allow providers to remotely engage,
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HLTH22: Maven Clinic Secures $90M to Advance End-to-End Family Care Platform

by Jasmine Pennic 11/14/2022 Leave a Comment

Maven Raises $45M to Expand On-Demand Virtual Care for Women’s & Family Health

What You Should Know: - Maven Clinic, the largest virtual clinic in women's and family health, today announced that it has raised a $90 million Series E funding round led by General Catalyst, with participation from CVS Health Ventures, La Famiglia, and Intermountain Ventures, as well as existing investors Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital. This brings Maven's total funding to $300 million and highlights the growing demand for women's and family
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Wheel Acquires GoodRx Care Backend Tech for $19.5M

by Fred Pennic 11/11/2022 Leave a Comment

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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Aetna & Crossover Health Launches Primary Care Health Plan Benefit

by Jasmine Pennic 11/11/2022 Leave a Comment

Aetna & Crossover Health Launches Primary Care Health Plan Benefit

What You Should Know: - Crossover Health and Aetna have partnered to bring new primary care options to Seattle area employers and their employees. The innovative partnership, called Aetna Advanced Primary Health available starting January 1, 2023 marks the first time a value-based, hybrid care model like this has been offered to employers through a commercial health insurance plan. Aetna Advanced Primary Health Overview Aetna Advanced
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Northwell Holdings & Aegis Ventures Form FemTech Company for Menopause Support

by Jasmine Pennic 11/10/2022 Leave a Comment

Northwell Holdings & Aegis Ventures Form FemTech Company for Menopause Support

What You Should Know: - Northwell Holdings and Aegis Ventures inked an agreement today for the formation of Upliv, a femtech-based women's virtual care startup that aims to raise the bar for clinical menopause support. - Upliv is the joint creation of Aegis Ventures and Northwell Holdings, the for-profit investment arm of Northwell Health. In April 2022, Aegis Ventures announced the intention to invest at least $100M in seed-stage funds toward the development of joint ventures with
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TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family

by Syed Hamza Sohail 11/09/2022 Leave a Comment

TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family

What You Should Know: - TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced the launch of the Home Smart Clinic, a multi-pronged offering delivering health plans and providers a comprehensive range of elements required to launch a truly successful virtual care program without compromises. - The Home Smart Clinic is proven to reduce the total cost of care (TCC) for health plans by 10% on average, to deliver 59% more accurate diagnoses
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Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch

by Syed Hamza Sohail 11/08/2022 Leave a Comment

Rock Health Reveals 4 2022 Digital Health M&A Trends

What You Should Know: - The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities. - In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment. Key
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How to Build Better Relationships with the Health Insurance & Payer Communities

by Dr. Jessica Badichek, Chief Informatics and Compliance Officer, MediTelecare 11/08/2022 Leave a Comment

How to Build Better Relationships with the Health Insurance & Payer Communities

Modern healthcare is an intricate dance between quality and quantity.  Payers and insurance providers want better patient outcomes due to the high cost of poor health, while health providers want to ensure their patients aren’t overlooked and are appropriately cared for.  To understand how we can satisfy the needs of both patients and payers, we’ll have to take a step back and look at the relationship between payer communities and telehealth services.  Behavioral
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Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

by Syed Hamza Sohail 11/03/2022 Leave a Comment

Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

What You Should Know: - A new "State of Virtual Care" report by Omada Health and Digital Medicine Society, in collaboration with Rock Health, reveals that buyers today are inundated with vendors labeling themselves “virtual care providers,” regardless of the care model they’re selling. This phenomenon is blurring their perception of V1C’s potential impact, and what that means for improvements in healthcare delivery and outcomes. - V1C solutions like Omada Health are changing the market,
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Parkview Health Launches Virtual Care Offering, Powered by Veta Health

by Syed Hamza Sohail 11/03/2022 Leave a Comment

Parkview Health Launches Virtual Care Offering, Powered by Veta Health

What You Should Know: - Veta Health announced today the launch of its virtual care offering at Parkview Health (Parkview), a not-for-profit, Indiana-based network of 10 hospitals and more than 100 clinics. - In partnership with Veta Health, Parkview will offer its patients virtual care programs designed to support patient recovery and self-management at home. The initial focus is utilizing Veta Health’s patient engagement, device-based monitoring, and telehealth tools to manage patients
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