virtual care
Report predicts significant increase in healthtech investment in the next two years brought on by COVID-19.
Sherpaa founder Jay Parkinson has left Crossover Health after two years.
Verizon introduces BlueJeans Telehealth platform for providers
The virtual care startup will also look to accept additional health insurance carriers going forward.
The company hopes to maintain its momentum after a year of substantial growth.
The deal is valued at about $194 million and will drive about a third of the telemedicine company's expected revenue moving forward.
Investors have showered the New York company with $876 million to date.
The telehealth brand's annual revenue increased 80% YoY to $148.8 million in 2020, although its quarterly YoY growth dipped in Q4 compared to the months prior.
Value-based care implies radical, even disruptive changes to the current practice, say Paulus Torkki, associate professor of healthcare operations management at University of Helsinki and Marianna Imenokhoeva, founder of LinktoMedicine and HIMSS Future50 Leader.
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.