Telehealth
The pre-seed will be used to expand the startup's clinical operations and research as well as improve its proprietary clinical protocols.
The health systems say the virtual and in-home care company, called Ovatient, will provide more convenient offerings and a connection to higher-level care when needed.
According to a study published in JAMA Network Open, telehealth follow-up was associated with 28.3 more repeat ED visits per 1,000 patients compared with in-person care.
The virtual care giant reported revenue of $611.4 million, a 17% year-over-year increase, and a net loss of $73.5 million in the third quarter.
Partner hospitals will be provided with telemedicine support and resources to mobilise critical stroke patients.
A spokesperson said the company "adjusted staffing levels and other direct expenses caused by current challenges in the economy and market conditions."
Also, Royal Philips has expanded the roll-out of its AR surgical navigation solution to Japan.
The traditional healthcare industry could face pressure from changing trends, including the emergence of Amazon, Walmart, CVS and Walgreens as larger players.
A study published in JAMA Network Open found patients living in census blocks with inadequate broadband speed participated in fewer video visits after the onset of the COVID-19 pandemic.
Consumers can access HealthTap's virtual health services via a TV and a connected camera.