Value-based primary care care improvement company Stellar Health raises $10 million in a Series A investment round.
Acquisitions, Funding, Business, and Stock
Parthenon Capital makes an undisclosed investment in prescription savings and analytics vendor RxSense. WebMD announced earlier this year that it would incorporate RxSense’s consumer-friendly SingleCare prescription savings technology into its own drug discount service.
Announcements and Implementations
Houston-based startup Octagos Health announces GA of remote monitoring software for implanted cardiac devices.
PracticeSuite adds credentialing and coding services from AIMA Business and Medical Services to its line of practice management, EHR, billing, and telemedicine software.
South Bend Clinic (IN) implements DocASAP’s online scheduling software for virtual visits.
Doctor on Demand makes its service available to Medicare Part B beneficiaries, and will waive their copays during the pandemic.
True Women’s Health (MI) launches a virtual care and patient engagement app utilizing OptimizeRx’s RMDY software.
House call company Avalon Physician Services (MI) selects virtual COVID-19 symptom screening and remote monitoring software from Wanda Health.
Zocdoc adds telemedicine services powered by Twilio to its Web-based provider search and appointment-booking tools. It will also offer the software as a white-label service to providers.
MTBC promotes Karl Johnson to president of its MTBC Force division.
Steven Sell (Health Net) joins Agilon Health as CEO.
PT Genie names Bob Malone (Fernweh Health) CEO.
Research and Innovation
Just 13% of surveyed consumers report feeling confident enough to return to in-person visits with their local physician within the next two months, according to a Black Book survey of 600 people. Of those that have recently used telemedicine in place of in-person visits, 78% were satisfied with their experience. Since the survey didn’t address the likelihood of that same group continuing with virtual visits for routine care, I reached out to several physicians to gauge their thoughts on the post-pandemic future of telemedicine. You can read their comments here.
Privia Health reports 40,000 seniors used its virtual care technology to connect with their Privia Medical Group providers during the initial months of the COVID-19 outbreak. The company developed its own telemedicine software in 2017 and now performs 7,000 online visits each day.
Urgent care chain CityMD mistakenly tells 15,000 patients that the positive results of their COVID-19 antibody tests mean they are immune to the virus. Public health officials have stressed that positive results do not equal immunity. Blaming the incorrect messaging on an editing error in the patient portal, the company has reached out to affected patients to ensure they have the correct information.
More news: HIStalk.