telehealth

Providers will be able to have in-app live video conversations with chronic pain and movement disorder patients, as well as prescribe new settings for their neuromodulation therapies from afar.

The Israeli startup raised the first $50 million in April 2020 in a round led by Insight Partners, which led this extension as well.  

The company is initially targeting the large employer market with its app-connected biometric monitoring tools.

The Rock Health consumer adoption report reveals an uptick in in telehealth and wearables usage. 

Set to close in Q2, the deal will provide the payer's healthcare services subsidiary with an integrated virtual care offering.

The virtual care company disclosed all-time-high revenue and membership growth during 2020, yet offered 2021 projections below what investors anticipated.

Also: The Consumer Technology Association releases industry standards focused on health AI trust; new updates in the home COVID-19 testing market.

The company currently sells connected wearables and smart monitors to consumers, but said that it will be seeking FDA authorization for new products with broader indications and telehealth capabilities down the line.

Reuters' reports also highlighted Sharecare's now confirmed acquisition of healthcare AI startup, doc.ai.

Also: Sano Genetics raises $3.2 million for genome sequencing and health research; Aavia launches Gen Z hormone health brand with $2.5 million seed funding.