Telehealth Company Raises $23.6M from Sutter Health, Others
The Sunrise, Fla.-based MDLive, a provider of telehealth services and software, has raised $23.6 million in funding for its technology from various healthcare groups.
The Sacramento, Calif.-based Sutter Health, Heritage Group, and Kayne Anderson Capital Advisors join MDLive’s current crop of investors including Sentara Healthcare and John Sculley, vice chairman for MDLive and former CEO for Apple and Pepsi Cola. The funding will be used to further build out its healthcare system in the cloud, as well as to integrate a Second Opinion program for patients, MDLive officials say.
Founded in 2006, MDLive boasts a network of 2300 board certified physicians specializing in emergency medicine, internal medicine, and pediatrics. Users can also consult therapists for mental healthcare.
“We are excited to be MDLIVE's new strategic partner,” Rock Morphis, managing director of Heritage Group, said in a statement. “We look forward to working with the company to expand its already robust offerings and to help build a full service cloud-based healthcare system, making it easier than ever for patients to get access to healthcare on the go.”
Read more at http://vator.tv/news/2014-01-22-telehealth-platform-mdlive-raises-236m#oJg025aKACOUYYB7.99
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Rajiv Leventhal
Managing Editor
Rajiv Leventhal is Managing Editor of Healthcare Innovation, covering healthcare IT leadership and strategy. Since 2012, he has been covering health IT developments for the publication's CIO and CMIO-based audience, and has taken keen interest in areas such as policy and payment, patient engagement, health information exchange, mobile health, healthcare data security, and telemedicine.
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