Tia will use a $24.75 million funding round to expand its virtual and brick-and-mortar clinical services to new markets. The Series A financing will also enable the company to add pregnancy services, according to co-founder Carolyn Witte, who came to the company from Google.
Tia launched in 2016 with a text-based app that offered women cycle tracking and health and wellness advice. It opened its flagship clinic in NYC last year to offer primary and mental healthcare. Its opening garnered such interest that it was forced to scale back services for a time while it dealt with onboarding new patients and finishing build-out of its facility.
Its virtual visit capabilities, available through its Connected Care Platform, saw a surge in use during COVID-19 quarantine periods, with half of its 3,000 members transitioning to video visits.
HIStalk Practice Musings
I love coming across industry folks who have the same literary leanings: Identity security company SailPoint Chief Product Officer Paul Trulove shares my like for Ken Follett’s Kingsbridge series. Highly recommended if you love 1,000-plus pages, architecture and/or historical fiction. His favorite book of all time is “The Eagle Has Landed” by Jack Higgins – a story that appeals to his fascination with World War II. He’s currently reading “A Gentleman in Moscow” by Amor Towles. Both books are now on my “reserve for curbside pick-up” list! Email me with your recommendations any time.
June 10 (Wednesday) 1 ET. “COVID-19: preparing your OR for elective surgeries.” Sponsor: Intelligent Medical Objects. Presenters: Janice Kelly, MS, RN, president, AORN Syntegrity Inc.; David Bocanegra, RN, nurse informaticist, IMO. The presenters will cover the steps and guidelines that are needed for hospitals to resume performing elective surgeries and how healthcare information technology can optimize efficiencies and financial outcomes for the return of the OR.
Acquisitions, Funding, Business, and Stock
Canadian healthcare and technology company Well Health Technologies makes a $250,000 investment in Phelix.ai, which has developed healthcare automation software for patient scheduling, intake, and billing. Well Health will offer its Oscar EMR end users access to Phelix’s technology. The company has also acquired Toronto-based Indivica, its seventh EHR vendor acquisition.
Virtual physical therapy company PT Genie opens its new headquarters in Orlando. It plans to hire dozens of employees by the end of the year.
Ambulatory surgery center software company Surgical Notes hires John Carradine (A-LIGN Compliance and Security) as CFO.
Healthwise promotes Landon Reese to chief product officer.
Announcements and Implementations
EHR vendor Exscribe Orthopaedic Healthcare Solutions selects software development and RCM outsourcing services from MTBC Force.
Chicago-based Pinnacle Dermatology implements RCM software from R1.
Research and Innovation
A survey of 2,000 consumers finds that choosing a provider, rather than having one assigned, will be the biggest determining factor in their continued use of telemedicine once brick-and-mortar clinics reopen. Consumers also say they’ll favor telemedicine services that won’t require downloading extra apps or programs.
McKinsey looks at telemedicine’s potential given its COVID-19-induced popularity, estimating that nearly $250 billion of current US healthcare spending could be virtualized. Specifically, analysts believe 24% of outpatient visits could be delivered virtually, and another 9% could be delivered “near virtually;” 35% of home health visits could be virtualized; and 20% of ER visits could be avoided with virtual urgent care offerings.
- Like Telehealth? There’s More! (EClinicalWorks)
- 3 Ways Content as a Service Helps You Win at Social Media (Healthwise)
- Studies in reacting to crisis with agility: The power of partnerships (Nordic)
More news: HIStalk.