MDLive secures $75 million through a $50 million crossover equity investment from Sixth Street Growth and $25 million in debt expansion from other investors. It has raised nearly $175 million since launching in 2009.
The telemedicine company, which saw visits increase 95% in the first half of 2020, plans to launch an IPO early next year.
September 17 (Thursday) 1 ET. “ICD-10-CM 2021 Updates and Regulatory Readiness.“ Sponsor: Intelligent Medical Objects. Presenters: June Bronnert, MSHI, RHIA, VP of global clinical services, IMO; Theresa Rihanek, MHA, RHIA, mapping manager, IMO; Julie Glasgow, MD, clinical terminologist, IMO. IMO’s top coding professionals and thought leaders will review additions, deletions, and other revisions to the 2020 ICD-10-CM code set that will be critical in coding accurately for proper reimbursement.
Clinical decision support company EvidenceCare names Bo Bartholomew (Healthcare Value Analytics) CEO.
CloudMD hires Karen Adams (Optimize Care Solutions) as chief health innovation officer.
Announcements and Implementations
IntrinsiQ Specialty Solutions adds virtual visit capabilities to its UroChartEHR for urologists.
Government and Politics
In Health Affairs, CMS Administrator Seema Verma highlights 2019 Medicare Shared Savings Program ACO performance.
Like me, you may find former National Coordinator and current Aledade CEO Farzad Mostashari, MD’s tweet recap of the MSSP results an easier read.
Primary care company Carbon Health establishes 100 pop-up COVID-19 testing clinics across 20 markets. The clinics will transition over the next several months to permanent primary care clinics offering virtual and in-person care. The California-based company has already launched an at-home test for the virus, as well as a return-to-work program for employers.
Splash Coworking adds telemedicine services from ISelectMD to its membership packages for coworking space in San Marcos, Texas.
The Good Clinic will open its first location in Minneapolis, serving residents of a multi-use residential complex with telemedicine services overseen by a nurse practitioner. The company’s leadership team, which plans to open more in-person and virtual clinics, includes several former Zipnosis executives, and several who helped scale and then sell the MinuteClinic chain to CVS.
More news: HIStalk.