Telemedicine 2020

We are combining our Telemedicine and Virtual Care reports into Telemedicine 2020. We are seeking out the latest developments around Telemedicine. How is telemedicine used to benefit patients and care givers? What are the newest innovations in telemedicine technology? How telehealth and virtual care fit into the realm of Telemedicine.

Industry News:

Top Funded Digital Health Companies in the First Nine Months of 2020
According to Mercom Capital Group despite the COVID-19 pandemic, digital health companies worldwide raised a record $10.3 billion in the first nine months (9M) of 2020. Thirty top-funded digital health companies in the 9M 2020 raised 32% ($3.3 billion) of the total funding. The rest was raised by over 400 digital health companies worldwide.

Carbon Health Raises $100 Million to Expand Clinic, Virtual Care
Carbon Health (@carbonhealth), a San Francisco-based chain of clinics that also offers telehealth services, said it raised $100 million in venture funding for expansion as the coronavirus pandemic changes the way Americans access medical care.

FirstHealth Home Care earns accreditation for Telehealth Program
FirstHealth Home Care (@FirstHealth) is proud to announce its approval of accreditation status in Home Health telehealth by the Accreditation Commission for Health Care (ACHC). This distinction in telehealth recognizes FirstHealth Home Care for providing a higher level of patient care and improved business operations through the use of telemedicine.

ATA Comments on Presidential Election Results, Calls for Policymakers to Act Swiftly to Permanently Expand Access to Telehealth
In response to the highly anticipated results of the 2020 presidential election, with America choosing former Vice President Joe Biden as its 46th president, the American Telemedicine Association (@AmericanTelemed) issued a statement concerning the expansion of telemedicine.

DW Healthcare Partners Announces Investment in CareXM
DW Healthcare Partners, a healthcare-focused private equity firm, announced an investment in CareXM, a provider of virtual care and patient engagement solutions for post-acute and non-acute healthcare providers. CareXM is one of three investments in DWHP’s fifth fund.

SOC Telemed to Announce Third Quarter 2020 Financial Results and Host Conference Call
SOC Telemed (@SOCTelemed), a national provider of acute care telemedicine, announced that the company will release its pre-acquisition results for its third quarter ended September 30, 2020 on Monday, November 16, 2020 after the market closes. In conjunction, the management team will host a conference call to review the results at 5:00 p.m. E.T. on the same day.

Reliq Health Technologies, Inc. Closes First Tranche of Private Placement
Reliq Health Technologies Inc. (@ReliqHealth), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has closed the first tranche of the its private placement announced October 27, 2020. The Company issued 10,637,056 units (the “Units”) at a price of $0.225 per unit for gross proceeds of $2,393,337.60 for the first tranche.

Product News:

One Touch Telehealth Launches New Release 5.0
One Touch Telehealth (@otvideochat) announces its new software release, Version 5.0: “Beyond Virtual Care.” Carrie Chitsey, Co-Founder and CEO says that, “With the increase in video telehealth amid COVID-19, virtual care is here to stay. We fast-tracked our new release given the 500%+ increase in the use of video telehealth from our client base and insights from our customers on what they need to be successful in virtual patient workflows.”

Amwell® Simplifies Telehealth Access with Amwell Now and Expanded Carepoint™ Portfolio
Amwell® (@amwell), a national telehealth company, announced new connectivity, device and cart offerings, all tailored to meet the evolving needs of care teams and patients. Spurred by the impact of the COVID-19 pandemic, Amwell is introducing Amwell Now, new Touchpoint Tablet software, and the C500 telemedicine cart to help health systems and other healthcare organizations easily leverage telehealth as a safe, quality care option.

To Read:

Where Telehealth Is Headed In 2021 from Forbes – A look at where telehealth is going in 2021.

COVID-19 Healthcare Coalition Surveys Physicians on Telehealth Impact During COVID-19 from COVID-19 Healthcare Coalition, Mitre – The COVID-19 Healthcare Coalition – comprising more than 1,000 healthcare organizations, technology firms, and nonprofits – published the Telehealth Impact Physician Survey. More than 75% of respondents said telehealth enabled them to provide quality care for COVID-19-related care, acute care, chronic disease management, hospital/emergency department follow-up, care coordination, preventative care, and mental/behavioral health.

Telemedicine Apps Get A Check-Up In New Provider Ranking by PYMNTS (@pymnts) – PYMNTS’ inaugural Provider Ranking of Telemedicine Apps introduces brands both known and just starting to make their mark in the field of virtual medicine, which languished for years until the germ that shall not be named slapped a light-speed engine on the entire sector.

Making the Cut:

Amwell Achieves URAC Telemedicine Accreditation
Amwell® announced that it has earned full URAC Accreditation in Telemedicine. URAC is the independent leader in promoting healthcare quality through leadership, accreditation, measurement, and innovation. By achieving and maintaining this status, Amwell demonstrates its continued commitment to enabling safe and quality virtual care, while meeting the evolving needs of patients, providers and clients amid the pandemic.


HealthcareNOW Radio Telehealth Playlist
The Health Resources and Services Administration of the U.S. Department of Health and Human Services defines telehealth as “the use of electronic information and telecommunications technologies to support and promote long-distance clinical health care, patient and professional health-related education, public health and health administration.” To learn more and find out about the latest in telehealth tune in to the episodes on this playlist. Additionally, be sure to read HCNR’s Friday Five which recaps the site’s month long concentration on telehealth.

Events and Resources:
During the COVID-19 Public Health Emergency, we don’t have to choose between medical care and social distancing. When patients can get health care through telehealth — and doctors can provide it — we protect ourselves and our communities. The website provides information about the latest federal efforts to support and promote telehealth services.

The American Telemedicine Association Events
ATA is a non-profit association based in Washington DC with a membership network of more than 10,000 industry leaders and healthcare professionals. We are a leading telehealth association helping to transform healthcare by improving the quality, equity and affordability of healthcare throughout the world. Find their next event.

Defining the Industry According to the AAFP:

Telemedicine is the practice of medicine using technology to deliver care at a distance. It occurs using a telecommunications infrastructure between a patient (at an originating or spoke site) and a physician or other practitioner licensed to practice medicine (at a distant or hub site).

Virtual Care is a patient service model for healthcare providers.

Telehealth refers to a broad collection of electronic and telecommunications technologies that support health care delivery and services from distant locations. Telehealth technologies support virtual medical, health, and education services.

Hashtags to follow for updates on Telemedicine: