telemedicine
Roughly half of the market will be within the US alone, although China and India are also poised for growth.
With €1 billion valuation, the French healthcare software company is now a unicorn.
The terms of the deal, which fits into a larger global expansion strategy for Teladoc, were not disclosed.
Health 2.0 Conference cofounders Matthew Holt and Indu Subaiya look back at notable digital health funding developments and look ahead at what will come next.
The program uses a mix of home visits and telehealth technologies to bring more services to the home.
Telemedicine services will be available to Paradise Medical Group patients at no extra charge.
CEO Jason Gorevic also discussed the rising popularity of Teladoc's app over its call center.
The program is funded by a $750,000 grant from the CDC and the Virginia Department of Health.
The service's new clinical capabilities, smart referrals and comprehensive data platform look to remove barriers that keep patients from primary care.
Cost was highlighted as a major barrier to in-person care, while efficacy, access and confidentiality were cited as arguments against digital.