News
The wearable tech company’s deal with Best Buy marks its entry into brick-and-mortar retail.
The pre-seed will be used to expand the startup's clinical operations and research as well as improve its proprietary clinical protocols.
The company also announced a partnership with managed care organization CareSource to study the benefits of using virtual reality with patients receiving home and community-based services.
The company received the funds as part of growth equity financing.
The health systems say the virtual and in-home care company, called Ovatient, will provide more convenient offerings and a connection to higher-level care when needed.
HealthJoy, Hazel Health, Navina, Galen Robotics, Midi Health and Lumata Health also announced funding rounds.
According to a study published in JAMA Network Open, telehealth follow-up was associated with 28.3 more repeat ED visits per 1,000 patients compared with in-person care.
Adam Elsesser, president, chairman and CEO of Penumbra, describes the medical device company's move into virtual reality and how its REAL system helps therapists measure a patient's progress.
Also, Cabrini Technology is adding medical device cybersecurity to its service offerings.
The acquisition will allow Color Health to provide behavioral and mental health treatment at scale.