Text-based telemedicine company 98point6 raises $118 million in a funding round led by L Catterton and Activant Capital.
The company saw a 200% increase in utilization between January and April, with 40% of those interactions related to COVID-19. It offers its services to health systems, payers, employers, and through retailers like Sam’s Club, which introduced $1 telemedicine visits through 98point6 last month.
The company has raised over $240 million since launching in 2015.
October 27 (Tuesday) noon ET. “Don’t Waste This Pandemic (From a Former Healthcare CEO).” Sponsor: Relatient. Presenter: Monica Reed, MD, MSc, former CEO, Celebration Health. Some healthcare organizations are trying to get back to the normalcy of 2019, but tomorrow’s leaders are accelerating even faster in 2020. Two- or three-year roadmaps were accomplished in six months, so what’s next? The presenter will describe how technology was changing before COVID-19, how the pandemic accelerated plans, what we can expect to see as a result, how leaders and providers can adapt, and what healthcare’s digital front door looks like going forward and how it can be leveraged.
October 28 (Wednesday) noon ET: “How to Build a Data-Driven Organization.” Sponsor: Newfire Global Partners. Presenters: Chris Donovan, CEO and founder, Adaptive Product Consulting; Harvard Pan, CTO, Diameter Health; Jason Sroka, chief analytics officer, SmartSense by Digi; Jaya Plmanabhan, data scientist and senior advisor, Newfire Global Partners; Nicole Hale, head of marketing services, Newfire Global Partners. The panel of data experts will discuss the opportunities that data can unlock and the challenges involved with becoming a data-driven organization. Attendees will learn why having a data strategy is important; how to collect, manage, and share data with internal and external audiences; and how to combat internal resistance to create a data-driven culture.
October 29 (Thursday) 1 ET. “How Presbyterian Healthcare Services Is Preparing for a Post-Pandemic Future Using Digital Care Tools.” Sponsor: Bright.md. Presenters: Ries Robinson, MD, SVP/chief innovation officer, Presbyterian Healthcare Services; Ray Costantini, MD, MBA, co-founder and CEO, Bright.md. Presbyterian Healthcare Services changed the way New Mexico patients access healthcare with its pres.today digital front door, which has given patients easy access to care during a global crisis. The health system’s digital care strategy goes beyond simply offering virtual visits and instead makes every episode of care — regardless of where it is delivered — better by streamlining clinical workflows and by directing patients to the most appropriate venue of care. The presenters will describe how Presbyterian has continued to meet patient needs during the pandemic, how it is deploying digital tools to tackle the combined COVID-19 and flu seasons, and how the health system is innovating care delivery to prepare for a post-pandemic future.
Acquisitions, Funding, Business, and Stock
Birth control prescription delivery startup Twentyeight Health raises a $5.1 million seed funding round led by Third Prime. The company’s services, which cater to low-income women, are available in six states.
Boca Raton, FL-based WhiteSpace Health will use an undisclosed amount of new funding to further scale its analytics offerings and expand its sales and marketing team. Former MModal SVP Sasanka Yellamanchali founded the company in 2014. Omega Healthcare Management in India acquired it three years later.
EHR Data hires Meghann Chilcott (XIL Consulting) as VP of integrations.
Announcements and Implementations
Behavioral health providers Freedom Healthcare (NV) and Curry Community Health (OR) will implement EnSoftek’s DrCloudEHR.
Ivy Rehab Network selects outcomes reporting and management software from Net Health company Focus on Therapeutic Outcomes.
The State of Connecticut prepares to finally launch a statewide HIE. A local news outlet points out that three previous attempts costing millions of dollars have left stakeholders frustrated, especially at a time when a lack of data-sharing between providers and facilities have hampered public health efforts to track COVID-19 outbreaks, identify hotspots, and dig deeper into patient data for analytical purposes. The exchange, named “Connie,” will launch in November with the Connecticut State Medical Society’s CTHealthLink network of physician practices. CTO Allan Hackney says it will likely take two to three years to sign up all of the state’s providers.
Harvard Pilgrim Health Care distributes nearly $3 million to 30 independent practices in New England to help them purchase PPE, reconfigure their facilities for social distancing, and shore up infrastructure for telemedicine.
- Online Doctor’s Appointment Booking Made Easy (EClinicalWorks)
More news: HIStalk.