The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar.
Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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Virtual Healthcare | News, Analysis, Insights - HIT Consultant
TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform
What You Should Know:
- TimeDoc Health, a Chicago-based provider of virtual care management activation, today announced it has closed a $48.5M Series B round led by Aldrich Capital Partners.
- Founded in 2015, TimeDoc Health partners with PCPs and healthcare organizations to automate record-keeping for clinician/patient interactions (in-person and virtual), sending the reports to CMS for reimbursement.
- During the pandemic, the company has been instrumental in helping providers
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Teladoc Health Launches Virtual Care Transformation Model for Employers
What You Should Know:
- Today Teladoc Health announced a first-of-its-kind Virtual Care Transformation Model for employers.
- The model offers a comprehensive roadmap to move virtual care forward based on an organization's resources, priorities and goals.
Virtual Care Transformation Model: Roadmap to Evolve Virtual Healthcare Benefits
Recent data shows that 80% of large employers believe virtual care will have a significant effect on how healthcare is delivered
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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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Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment
What You Should Know:
- Bamboo Health today announced an expanded partnership with Bicycle Health to enhance care collaboration for treating opioid use disorder (OUD) treatment, ahead of their upcoming participation at ViVE and HIMSS.
- Bicycle Health will leverage the company’s Pings™ and Spotlights™ solutions for real-time insights into the emergency department (ED) and acute inpatient care utilization for improved outcomes, as well as to understand the impact of
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Teladoc Health and Amazon Team Up to Launch Teladoc on Alexa
What You Should Know:
- Whole-person virtual care provider Teladoc Health, today announced a first of its kind experience with Amazon Alexa with the launch of voice-activated general medical virtual care on supported Echo devices.
- Customers in the U.S. will now be able to connect with a Teladoc care provider 24/7 from supported Echo devices for general medical needs.
First of its Kind Alexa Experience Provides Hands-Free Access at Home to General Medical Care
To get started,
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Current Health and Zoom Partner to Enable Equitable Care in the Home
What You Should Know:
- Current Health – a care-at-home technology platform that was recently acquired by Best Buy – announced a new integration with Zoom, which will allow patients to more easily connect with their care teams, regardless of bandwidth connectivity or language barriers.
- As part of the partnership, Zoom will provide Current Health customers with enhanced video communications platform capabilities that expand their ability to deliver safe and effective virtual care
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Omada Health Raises $192M to Expand Digital Therapeutics for Chronic Disease
What You Should Know:
- Omada Health, a chronic care integrated healthcare provider, today announced its $192M in Series E funding round led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others.
- Omada Health will utilize the funding to accelerate hiring at all levels to meet growing customer demands, a technological roadmap for care and coaching personalization to
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