RetraceHealth, a Minnesota-based direct-to-consumer home and video doctor visit provider, has raised $6.5 million according to an SEC filing. This follows on a $1 million round from January. Lemhi Ventures, a new investor, led the round and Lemhi Managing Director Jodi Hubler will join RetraceHealth's board of directors. Previous RetraceHealth investors include Blue Cross and Blue Shield of...
by Jonah Comstock
Telehealth is officially in its heyday. With Teladoc's recent IPO, major recent venture rounds for MDLive, DoctorOnDemand, and a slew of official guidelines out last year from organizations like the American Medical Association, the Federation of State Medical Boards, and the American Academy of Pediatrics, it's hard to ignore the fast-growing popularity of virtual doctor visits...
Blue Cross Blue Shield of Massachusetts has partnered with American Well to pilot the company's video visits offering, called WellConnection, with two physician groups, Emerson Physician Hospital Organization (Emerson PHO) and Lowell General Physician Hospital Organization (LGPHO). BCBSMA nurse care managers will also pilot the offering with members.
WellConnection is a white-labeled version of...
Roseville, California-based telehealth company Kura MD raised $1.5 million in a round led by Moneta Ventures. The company's team includes telemedicine pioneer Dr. Jay Sanders as director of telemedicine strategy. This is its first round of institutional funding.
Kura MD has created a virtual visits offering accessible via smartphone, tablet, or computer, and intended for use by individual...
New York City-based startup Talkspace, which offers therapy sessions via the web and mobile devices, raised an additional $1 million in seed funding from Metamorphic Ventures. This brings the company's total funding to at least $3.5 million.
The company raised the first tranche of its seed round in May 2014. Existing investors include SoftBank and Spark Capital.
The new funding will help the...
LifeWise Health Plan of Oregon announced plans to cover video visits to its members starting in the new year. While the plan will pay for video visits between patients and their providers, LifeWise also partnered with video visits company Teladoc to make its video visits service available to members.
Portland, Oregon-based LifeWise along with its partners Premera Blue Cross, Premera Blue Cross...
Since 2010 Boston-based video visits company American Well has raised $81 million in a mix of equity, options, and securities, according to an SEC filing. According to the filing, the investment closes out a round of funding that included tranches in 2010 ($25 million from equity) and 2012 ($12 million more from equity). So the most recent funding apparently totaled $44 million (and included...
Durham, North Carolina-based TouchCare raised $4 million in a round led by strategic investor Mosaic Health Solutions, a subsidiary of Blue Cross and Blue Shield of North Carolina, for its video visits app. Mosaic has previously invested in cellular-enabled glucose meter and diabetes management company Telcare and next-gen PHR company LifeNexus.
“We believe the personal connection between...
