For example, the AMA reported that during the months of April and May about 70% to 80% of patient encounters at the Cleveland Clinic were completed virtually. We’re also seeing more health plans seek out telemedicine for their practices and use it more regularly.
Fellow telemedicine company Amwell took advantage of the environment and went public in September. For example, in Q2 industry titan Teladoc reported a 203% YoY increase of total telemedicine visits, and an 85% revenue growth. It’s no secret that during the coronavirus pandemic and subsequent lockdown the telemedicine market thrived. “This new round is a testament to the collective confidence from these partners in our ability to power the virtual care strategies and execution for hospitals and health systems across North America." In addition to scaling our organization with exceptional talent, we are planning to further enhance our marketing and sales outreach to support our focused go-to-market strategy,” Bret Larsen, cofounder and CEO of eVisit, said in a statement. Headquarters: 2750 E Cottonwood Pkwy, Ste 160, Cottonwood Heights, Utah, 84121, United States. Kickstarts mission is to fuel the best companies in Utah and the Mountain West. "This funding will further eVisit's rapid expansion within the telehealth industry by providing greater resources to our technology platform and customer care activities during this pivotal time for telehealth – in the ever-changing COVID-19 landscape and beyond. Kickstart Fund is a seed-stage venture capital firm based in Salt Lake City, UT.
The company announced receiving $2 million in 2017 from KickStart Seed Fund, Arizona Founders Fund and an angel investor.ĮVisit said the new funds will be put towards expanding its technology platform and scaling its operation. Its main customers are hospitals and health systems.įirst founded in 2013, the tool is able to integrate with EHRs and analytics platforms. The company provides a telehealth platform that includes several facets, including a scheduling, intake, waiting room management and discharge function. TVC Capital led the funding round with participation from Kickstart Seed Fund, University Growth Fund and Jeremy Andrus.
EVisit, an Arizona-based SaaS telehealth company, just landed $14 million in Series A funding.