Telehealth platform eVisit announced Tuesday it closed a $45 million Series B funding round.
The round was led by Goldman Sachs Asset Management’s growth equity business, with participation from investors including Texas Health Resources and Health Catalyst cofounders Tom Burton and Steve Barlow.
WHAT IT DOES
eVisit provides a virtual care platform that includes scheduling, intake, a waiting room...
By now everyone knows that virtual care usage exploded over the last year, forging a new competitive era of telehealth. While more choice and greater access are generally good things for consumers in any industry (and this is also true for healthcare where patients, our “consumers,” have historically had neither) the growing virtual care market also has the potential to lead to a more fragmented ...
As one of the nation’s largest health systems, serving more than nine million veterans and supporting over 400,000 healthcare providers across the country, the U.S. Department of Veterans Affairs knew the importance of virtual care long before the pandemic forced its acceleration.
To Dr. Christina Armstrong, a clinical psychologist at the VA’s Office of Connected Care, virtual care lets providers...
Zoom has released a beta version of an iOS mobile browser client for telehealth, allowing patients to access appointments without downloading an app.
The simplified setting lets providers send a link to patients through text or email. Though the providers’ experience will be the same, allowing for host controls and virtual backgrounds, patients will simply need to click a link to join the meeting...
Telehealth usage in the last year has increased by 6,000%. Due to the Covid-19 pandemic, health care providers and patients rapidly shifted to virtual visits from traditional office care to reduce infection rates. There are other fantastic benefits for patients: appointments when you want them, no travel time, and no paper gowns. The data are clear that we’ve reached a tipping point in both...
For many health systems, the transition to virtual care during the pandemic was like night and day. Before COVID-19 hit, they delivered most of their care, if not all of it, in person. Within a matter of days into the public health emergency, that all changed.
That was not the case, however, for the U.S. Department of Veterans Affairs, according to Christina Armstrong, a clinical psychologist at...
Multimodal healthcare provider Carbon Health is stepping into chronic condition management with its recent acquisition of Steady Health, an integrated diabetes care platform. The terms of the deal were not disclosed.
The acquisition will support Carbon Health’s primary care model, which combines in-person clinics with a virtual care platform. Carbon Health patients can receive services ranging...
Fueled by the raising awareness of women’s health needs caused by the COVID-19 pandemic, the global femtech market is expected to reach $1.15 billion by 2025, according to a Frost & Sullivan study.
In 2020, the femtech market represented $648 million, meaning over the next five years it will have a compound annual growth rate (CAGR) of 12.2%, according to the analysts.
Driving this growth...
Wheel, an Austin, Texas-based telehealth staffing and services vendor, today shared that it raised $50 million in a Series B funding round led by Lightspeed Ventures.
Existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan took part in the round, along with new investor Future Shape.
As the lead investor, Lightspeed Senior Advisor Dr. Ling Wong will join Wheel’s board of...
Walmart this week strengthened its foothold as a healthcare provider with the announcement of its plans to acquire telehealth company MeMD.
The retail giant’s healthcare arm, Walmart Health, will bring MeMD’s multi-specialty virtual care options into its fold later this year.
The deal is expected to close in the coming months, following regulatory approvals, according to the announcement. The...
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