Telehealth News and Market Developments
Modern Healthcare: (10/24) – Alliance Board Member Intermountain Healthcare president and CEO Dr. Marc Harrison issued an op-ed in Modern Healthcare discussed Intermountain’s experience with telehealth during COVID-19 and notes the need for permanent reimbursement.
Modern Healthcare: (10/24) – Some experts and policymakers say it’s time to start thinking about reforming licensure at the federal level. “We should not allow … state licensing requirements to prevent telehealth from occurring. We should be putting our patients first, and if a patient wants to see a (practitioner) who’s licensed in another state, there shouldn’t be huge barriers in the way of that happening,” Sen. Chris Murphy (D-Conn.) said. Some experts said it could make sense to move away from state-based medical licensure now that medical standards are evidence-based and national organizations set medical training guidelines.
Healthcare Finance News: (10/23) – In an interview with Alliance Board Member CVS Health, CEO Larry Merlo noted that the transformation to telehealth and remote monitoring during COVID-19 has, “[created] what we believe to be a more seamless experience in making healthcare more accessible and more affordable," he said.
S&P Global Market Intelligence: (10/22) – IPO activity in the healthcare industry crossed the $10 billion mark for the second time in a row this year after companies attracted $13.44 billion in investment during the third quarter of 2020, data from S&P Global Market Intelligence showed. Third-quarter IPO activity was dominated by U.S. telehealth companies GoodRx Holdings Inc. and Amwell, which raised about $944.3 million and $853.3 million, respectively. GoodRx is the sixth digital health company to go public so far in 2020.
Business Wire: (10/21) – Community Wellness, a digital health company dedicated to empowering people to achieve better health outcomes launched in California to bring its Remote Patient Monitoring (RPM) service to older adults living with cardiovascular disease and related comorbidities.
Business Wire: (10/21) – Cloudbreak Health, a leading unified telemedicine and video medical interpretation solutions provider, announced a partnership with Oneview Healthcare, a healthcare technology company bringing digital services to the point of care. The partnership enables Martti, Cloudbreak’s video remote interpretation (VRI) services, within Oneview’s virtual care platform to offer patients and providers an integrated solution for overcoming language barriers in healthcare.
Mobihealthnews: (10/20) - eVisit, an Arizona-based SaaS telehealth company, just landed $14 million in Series A funding. The company provides a telehealth platform that includes several facets, including a scheduling, intake, waiting room management and discharge function. Its main customers are hospitals and health systems.