telehealth

By Heather Mack June 20, 2017
Denver-based telemedicine startup CirrusMD, which focuses on a text-first approach to virtual visits for large health systems and payers, has closed on $7 million in Series A funding led by Colorado Impact Fund. Bootstrap Incubation, Three Leaf Ventures, Rockies Venture Fund, Service Provider Capital, Sand Hill Angels and New York Angels also contributed. The company last raised money in March...
By Heather Mack June 19, 2017
Telemedicine giant Teladoc has acquired Best Doctors, a virtual medical consultation company, to enable a connected care platform focused on improving outcomes for some of the most complex medical conditions. Under the terms of the deal, which is expected to close next month, Teladoc will pay  $375 million cash and $65 million of Teladoc common stock. The company reports it has secured $360 in...
By Jonah Comstock June 19, 2017
Dutch investment company Main Capital Partners has acquired a majority stake in Verklizan, a Dutch telehealth infrastructure company. Currently Verklizan operates in the Netherlands, Germany, England, France, and Spain, but one of the goals of the acquisition is to support continued international expansion. Verklizan offers a "innovative, cloud-based, Connected Healthcare platform for social...
By Heather Mack June 16, 2017
Over the last five years, there has been considerable traction in two non-traditional approaches to healthcare: implementation of telemedicine, and the prescribing of marijuana to treat some health conditions. But some states are nervous about the two overlapping, choosing to specifically ban the use of telemedicine to prescribe medical marijuana at the same time as expanding legal use of the...
By Heather Mack June 8, 2017
Westborough, Massachusetts-based EMR provider eClinicalWorks has added telehealth capabilities to its mobile app. The company’s device-agnostic platform also provides tools for practice management and patient engagement, and the addition of the TeleVisits feature aims to nudge eClinicalWorks into that one-stop-shop territory.  Using eClinicalWorks’ health and online wellness (healow) app,...
By Heather Mack June 1, 2017
Arizona-based telemedicine platform provider eVisit has raised $2 million from Kickstart Seed Fund, Arizona Founders Fund and angel investor Jeremy Andrus. Previously, the company raised $1 million in July 2016. The latest funding will be used to scale eVisit’s sales, marketing and support teams as they expand. As opposed to a standalone telemedicine platform, eVisit aims to extend the reach of...
By Jonah Comstock May 26, 2017
In the State of Texas, a major piece of telemedicine legislation is sitting on Governor Greg Abbott’s desk. Known as Senate Bill 1107 and House Bill 2697, the bill abolishes the requirement that patient-physician relationships be established with an in-person visit before telemedicine can be used. (Update: As expected, Abbott signed the bill on Saturday.) Texas is the final state of 50 to abolish...
By Heather Mack May 22, 2017
San Francisco-based Lemonaid Health, which offers a simple, text-based telemedicine app, has raised $11 million in Series A funding. Novartis Venture Fund and Hikma Ventures led the round, with participation from Correlation Ventures, Adaptive Healthcare Fund, Vega Ventures and 415 Ventures. The company last received funding in 2015, and the latest investment brings Lemonaid’s total capital to...
By Heather Mack May 17, 2017
As telemedicine policies expand and evolve across the country, there have been clear variations in how some states view the role of virtual care. One of the most challenging issue some states have taken up is whether to allow the use of telemedicine to prescribe medications that induce abortion, a consideration that has led to lawsuits, or has held up legislation that would otherwise establish...
By Heather Mack May 9, 2017
With an emphasis on member engagement strategies, some big new clients and a boost in utilization from a “short but severe cold and flu season” in early 2017, Teladoc’s first quarter of the year kept the telemedicine company in good financial standing. With record-high visits totaling 385,000 in the quarter ending March 31, the company saw revenue increases across the board. Total revenue was at...