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Canadian healthtech firm PointClickCare launched Digital Well being, a telemedicine service for expert nursing amenities that gives 24/7 entry to hospitalists.
Digital Well being is being applied in additional than half of U.S. states with the help of its accomplice, Sound Physicians, a doctor accomplice to hospitals, well being plans, doctor teams and post-acute suppliers.
“Telehealth is now not a futuristic idea in long-term care, it is desk stakes,” Travis Palmquist, senior vp and normal supervisor of senior care at PointClickCare, mentioned in an announcement. “Our prospects proceed to navigate between care settings, and our crew has sought to innovate and push the envelope on offering digital care.”
THE LARGER TREND
This summer time, PointClickCare reached a valuation of greater than $5 billion, up from $4 billion in early 2021. In response to Crunchbase, the corporate has raised $230 million.
PointClickCare has additionally made a number of acquisitions. In early 2022, it bought well being IT firm Audacious Inquiry. It is also scooped up corporations like coordinated-care platform Collective Medical, post-acute care administration firm QuickMar, analytics software Co-Pilot and post-acute care-focused COMS Interactive.
The corporate scrapped plans to go public a number of years in the past after submitting a registration assertion with the U.S. Securities and Alternate Fee for an IPO in late 2015, saying it closed a $85 million spherical of financing as a substitute.
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