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Virtual Healthcare | News, Analysis, Insights - HIT Consultant

Memora Health Nabs $40M to Scale Virtual Care Delivery Platform

by Fred Pennic 02/15/2022 Leave a Comment

Memora Health Nabs $40M to Scale Virtual Care Delivery Platform

What You Should Know: - Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board. - Memora continues to rapidly grow with
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Summus Global Secures $22M for Virtual Specialist Platform

by Jasmine Pennic 02/01/2022 Leave a Comment

Summus Global Secures $22M for Virtual Specialist Platform

What You Should Know: - Summus Global, a NYC-based virtual specialist platform, announced today the completion of a strategic investment round of $22 million, led by Danaher Corporation’s Co-founder and Executive Committee Chairman Mitchell Rales and the Glenstone Foundation. - The funding follows a previous Series B funding round in 2021 by Sator Grove Holdings, Summus has now raised $50 million to expand its innovative specialty care platform. On-Demand Access to Leading Medical
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Wheel Raises $150M to Expand White-Labeled Virtual Care Services

by Fred Pennic 01/19/2022 Leave a Comment

Wheel Integrates with GoodRx for Real-Time Medication Pricing & Discounts

What You Should Know: - Wheel, an Austin, TX-based provider of white-labeled virtual care services and support announced a $150M series C funding round, co-led by Lightspeed Venture Partners and Tiger Global, bringing its total funding to $216 million to date. The round also included participation from new investors Coatue and Salesforce Ventures along with existing investors CRV, Tusk Venture Partners and Silverton Partners.  Everything companies and clinicians need to deliver
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Unique Factors to Consider When Selecting Enterprise Data Platforms for Virtual Healthcare Apps

by Jiang Li, Founder and CEO of Vivalink 12/22/2021 Leave a Comment

Unique Factors to Consider when Selecting Enterprise Data Platforms for Virtual Healthcare Apps

Developing virtual healthcare solutions is a daunting task. As a healthcare technology solution provider targeting the remote care market, you’re required to have both the clinical and the technological expertise needed to design, build and integrate a complete solution that can address the challenges with virtual patient care and monitoring.  Today’s digital healthcare solution for remote care is powered by software and data. Or more specifically, the reliable acquisition and management
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Truepill Launches End-to-End COVID-19 Virtual Care Platform

by Fred Pennic 12/01/2021 Leave a Comment

Truepill Launches End-to-End COVID-19 Virtual Care Platform

What You Should Know: Truepill launches its end-to-end COVID-19 virtual care platform to provide convenient online care for COVID-19 alongside the rapid delivery of antiviral medication. Truepill, the digital health platform connecting telehealth, diagnostics, and pharmacy to transform consumer healthcare, today announced plans for a first-of-its-kind COVID-19 virtual care platform. This end-to-end solution will enable Truepill customers to create white-labeled virtual care
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Femtech Startup Babyscripts Secures Additional $7.5M for Virtual Maternity Care Solution

by Jasmine Pennic 11/30/2021 Leave a Comment

Femtech Startup Babyscripts Secures $12M for Virtual Maternity Care Solution

What You Should Know: - Femtech startup Babyscripts, the leading virtual care platform for managing obstetrics, has announced an additional $7.5M has been raised during the second close of their Series B funding round. - Investments from Cigna Ventures, Texas Medical Center Venture Fund and Atlantic Health System brings the Series B raise to $19M to date. Babyscripts has raised a total of $37M to date. Memorial Innovation Fund led the initial Series B round, joined
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Decentralized Clinical Research Will Be A Paradigm-Shifting Trend

by Zeenia Framroze, Director of Strategy and Business Operations at Sharecare 11/12/2021 Leave a Comment

The future of clinical research has arrived

The field of clinical research is on the precipice of change, and for good reason. Traditional clinical trials and processes are primarily confined to sterile, isolated clinical settings that are often narrow in scope and provider-centric. Researchers of tomorrow, however, already are identifying accurate and effective new methods to conduct and draw meaning from their work, after concluding that current models for clinical research are not capturing participants’ real-world, lived experiences
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Trustmark Health Benefits. Teladoc Launches Virtual-First Health Plan Services

by Fred Pennic 11/08/2021 Leave a Comment

Trustmark Health Benefits. Teladoc Launches Virtual-First Health Plan Services

What You Should Know: - Trustmark Health Benefits, Inc. today announced the launch of their first virtual-first health plan design in partnership with Teladoc Health. - Powered by Teladoc Health’s primary care service, Primary360, the virtual care offering is specifically designed to address persistent challenges in cost and access to high-quality healthcare for millions of consumers, especially those who do not have an
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NorthShore Integrates with TytoCare to Expand Telehealth Offerings

by Fred Pennic 10/27/2021 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - NorthShore University HealthSystem, today announced a new partnership with on-demand, remote medical exam provider TytoCare to expand its telehealth offerings. In May 2021, NorthShore launched an initial pilot with over 280 NorthShore employees that offered them Immediate Care with the TytoCare device and platform. The pilot exceeded target goals and allowed NorthShore employees to share their feedback to help shape the future of NorthShore patient care and refine the
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Brave Health Raises $10M for Virtual Behavioral Health for Medicaid

by Jasmine Pennic 10/26/2021 Leave a Comment

Brave Health Raises $10M for Virtual Behavioral Health for Medicaid

What You Should Know: - Brave Health, a Miami-based virtual behavioral health provider for Medicaid, today announced it has closed a $10M Series B round ($20.75M in total) led by City Light Capital, Union Square Ventures and Able Partners, bringing its total funding to $20.75M. - Today, access to basic behavioral health services for the nation’s most vulnerable populations is a public health crisis. The percentage of psychiatrists accepting
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