Care
The company will expand its team by 300% by 2023 and expand the rollout of its services in the U.S. market.
The wearable tech company’s deal with Best Buy marks its entry into brick-and-mortar retail.
The pre-seed will be used to expand the startup's clinical operations and research as well as improve its proprietary clinical protocols.
The company received the funds as part of growth equity financing.
The health systems say the virtual and in-home care company, called Ovatient, will provide more convenient offerings and a connection to higher-level care when needed.
According to a study published in JAMA Network Open, telehealth follow-up was associated with 28.3 more repeat ED visits per 1,000 patients compared with in-person care.
Adam Elsesser, president, chairman and CEO of Penumbra, describes the medical device company's move into virtual reality and how its REAL system helps therapists measure a patient's progress.
Also, Cabrini Technology is adding medical device cybersecurity to its service offerings.
The acquisition will allow Color Health to provide behavioral and mental health treatment at scale.
The virtual care giant reported revenue of $611.4 million, a 17% year-over-year increase, and a net loss of $73.5 million in the third quarter.