About the Authors: Ian Chiang is a principal at Flare Capital Partners, a healthcare technology and services-focused VC firm. Prior to joining Flare, he was the SVP of product and innovation and a founding member of Cigna’s CareAllies. Previously, he was a digital health entrepreneur and a former management consultant at McKinsey & Company.
Poorwa Godbole is an MBA candidate at the Wharton...
Teladoc Health has been on the up-and-up throughout the course of the COVID-19 pandemic, and yesterday's earnings report suggests that the company is having little trouble booking new business.
In Q3 2020, the virtual care company outperformed its revenue and total visit projections, and fell about in line with its prediction of total U.S. paid membership and visit-fee-only access. However, the...
Last month, the CDC launched a prostate cancer information program with a uniquely digital face: a "virtual human" named Nathan who speaks with men about screening and treatment.
"Talk to Someone About Prostate Cancer" takes the form of an in-browser interactive video developed by health simulation company Kognito, where Nathan introduces himself and prompts the viewer by asking how confident...
London-based virtual care provider Medefer landed £10M ($12.8M) in a funding round led by Nickleby Capital.
WHAT IT DOES
Medefer is split into three services: a healthcare provider, virtual outpatient pathway and a tech platform for doctors to conduct virtual visits. Currently the platform can deliver healthcare within the UK's NHS system.
The platform allows patients to see a Medefer GP or a...
Major telehealth vendor MDLive announced this morning a new $50 million crossover equity investment from Sixth Street Growth. The company said that it has also obtained $25 million in debt financing from other unnamed investors.
WHAT IT DOES
MDLive provides a telehealth platform staffed by a network of certified clinicians capable of delivering virtual urgent care, dermatology, therapy and...
Pediatric behavioral care platform Brightline has brought in $20 million in Series A funding. Threshold Ventures and prior backer Oak HC/FT headed the raise, which also included Blue Shield of California, Blue Cross Blue Shield of Massachusetts, Boston Children’s Hospital, SemperVirens VC, Rock Health and City Light Capital.
WHAT IT DOES
The Palo Alto, California-based startup formerly known as...
Ginger, the San Francisco-based behavioral health startup formerly known as Ginger.io, announced today a $50 million Series D funding round. Advance Venture Partners and Bessemer Venture Partners headed the raise, which also saw participation from Cigna Ventures, Kaiser Permanente Ventures and LinkedIn Executive Chairman Jeff Weiner.
With this, the company said it has raised more than $120...
Digital health titans Teladoc Health and Livongo are merging under the Teladoc name. The deal values the 12-year-old digital chronic care-management company Livongo at $18.5 billion.
Teladoc CEO Jason Gorevic is expected to remain at the helm of the soon-to-be joint company, while Livongo’s CEO and founder Glen Tullman will be taking up a seat on the Teladoc board.
Teladoc plans to buy Livongo...
D2C wellness and telehealth startup Hims & Hers is looking to cut down the time between medication orders and delivery for certain customers.
Thanks to a newly announced partnership, patients receiving virtual primary care services through Hims & Hers may choose to select Alto as their preferred pharmacy for prescription deliveries. They will have their orders fulfilled automatically ...
Teladoc Health continues its strong upward trend during its second fiscal quarter, with CEO Jason Gorevic informing investors yesterday that the company had outperformed "all key financial and operation metrics."
Similar to the first quarter, the telehealth company is touting massive year-over-year (YoY) growth in revenue, visit volume and new registrations, as well as the acquisition of several...