The change in reimbursement policies through the pandemic have made it possible to bill for services, such as virtual care, that were previously unavailable or highly restrictive to rural settings. Many digital health startups and companies see these policy shifts as an opportunity to attract new customers and potentially be reimbursed like an in-network provider.
While companies are developing...
Carbon Health announced that the hybrid care provider had received $100 million in Series D investment from CVS Health Ventures days after revealing a second round of layoffs in the past year.
On Friday, Carbon Health's CEO Eren Bali revealed on Twitter the company had laid off more than 200 employees as it shifts focus to its core primary care and urgent care services while "unwinding" its...
Virtual and in-office healthcare provider Juno Medical raised $12 million in Series A funding round co-led by tennis star Serena Williams, managing partner at Serena Ventures, and Julian Eison, managing partner at NEXT VENTURES.
Vast Ventures, which led Juno's seed round, also participated in the Series A funding alongside Empire State Development's New York Ventures, Genius Guild, TXV Partners,...
Carbon Health is laying off 250 employees, about 8% of the hybrid care provider's global workforce, according to a message from CEO Eren Bali.
Bali wrote that the company's core business grew four times last year, but Carbon had been drawing "significant" revenue from COVID-19-related services. As the pandemic shifts, Carbon is shutting down some of its COVID-specific business.
Additionally,...
Once a much more niche method of delivering healthcare, telehealth and virtual care use grew during the COVID-19 pandemic as patients and providers tried to distance themselves when possible. But as the pandemic changes shape, more hybrid care options are joining the mix, with its proponents arguing they can improve quality and access to care by connecting with patients both in-person and...
Rural hybrid care provider Homeward launched Monday with a $20 million investment from General Catalyst.
The startup, led by vets from chronic care management company Livongo, aims to improve access to primary and specialty care in rural communities, initially focused on heart health.
Homeward will utilize both virtual and in-person care. Its telehealth and remote monitoring services will rely on...
Next-gen care provider Crossover Health has quietly shuttered Sherpaa, the virtual primary care company it acquired in 2019. Sherpaa founder Jay Parkinson broke the news in a farewell blog post, in which he also revealed he has parted ways with Crossover after two years there.
Sherpaa, a longtime digital health stalwart founded by Parkinson in 2012, is no more as of December 2020, following a six...
