payers

The company was acquired by an affiliate of New Enterprise Associates and a consortium of investors for $1.3 billion.  

Equity Group Investments led the Series A round, the first funding round for the company.

Just about everyone agrees in the basic vision for telemedicine: When a person gets sick, instead of jumping in the car to drive to a doctor’s office or urgent care center, they can pick up a phone or tablet instead, and get in touch right away with a doctor.

Collective Health, a software company that helps small employers transition to self-funded plans, has raised another $81 million, bringing its total funding to $119 million.

At the beginning of 2015, CMS began reimbursing physicians for the care they provide to a particular group of their Medicare patients remotely and between visits.