Finance

Various factors around ROI on virtual tech should be considered before implementation, such as billing revenue, increased efficiency, downstream revenue and improved outcomes, said experts at the HIMSS24 preconference Virtual Care Forum.

Also, Medibank's health service unit has tied up with Amwell to support the virtual delivery of its new preventative care program.

New financing positions BrainCheck for growth as the company adds a new member to its board of directors.

The virtual care company reported a 65% increase in revenue in 2023 compared to 2022 and a 47% increase in Q4 2023 revenue compared to the previous year.

Blockchain technology has the potential to transform healthcare, from securing patient data to reducing the risks for data breaches.

The AI-enabled company attributes its revenue growth to its HealthTrio and Decision Point Healthcare Solutions acquisitions, announced in December.

According to the bankruptcy petition, the company has liabilities of $1 billion to $10 billion and assets of $500 million to $1 billion.

The combined entity will offer primary care, mental health, occupational health, and pharmacy and musculoskeletal services to a combined base of 630 clients.

Personify will merge Virgin Pulse's wellbeing, health and comprehensive navigation services with HealthComp's health plan administration offerings.

The funds come two years after the company scored a $1.15 billion investment.