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Menu Search * Home * News * Health Tech * Biopharma * Devices & Diagnostics * Consumer / Employer * Contributors * MedCity Influencers * MedCitizens * Events * Jobs * Research * Newsletters * About Us * Advertising * Contact us * Send Tips * Advertising * About * Twitter * Facebook * RSS * Subscribe via email X Close Signup Modal MEDCITY >> INBOX Get the latest industry news first when you subscribe to our daily newsletter. We will never sell or share your information without your consent. See our privacy policy. * Send Tips * Advertising * About * Twitter * Facebook * RSS * Subscribe via email MEDCITY NEWS IMPORTANCE OF PATIENT CAPITAL IN LIFE SCIENCES STUDY: MACHINE LEARNING SUCCESSFULLY TRACKS DRUGS STOLEN FROM HOSPITALS FASTER AND WITH MINIMAL ERROR 10 REMOTE PATIENT MONITORING AND SMART DEVICES PRESENTING AT THE MEDCITY INVEST PITCH PERFECT COMPETITION HOW ANALYTICS CAN ELEVATE THE ROLE OF DATA ACROSS THE CARE CONTINUUM TIMEDOC HEALTH RAISES $48.5M IN BID TO REDUCE ADMIN BURDEN FOR PHYSICIANS AND ASSIST WITH CARE COORDINATION CONNECTING THE HEALTHCARE DATA DOTS: HOW A HARMONIZED HEALTHCARE DATA STRATEGY CAN CREATE EFFICIENCIES ILLUMINA SUES FORMER EMPLOYEES TURNED FOUNDERS OF GUARDANT HEALTH FDA APPROVES MARINUS PHARMA DRUG FOR RARE, GENETIC FORM OF EPILEPSY EASING THE TRANSITION HOME AFTER A HOSPITAL STAY: THE ROLE OF AUGMENTED RECOVERY COACHING PRECISION ONCOLOGY STARTUP ANHEART THERAPEUTICS CO-FOUNDER SHARES CANCER DRUG STRATEGY BMS NABS FDA NOD FOR FIRST DRUG IN NEW CLASS OF CANCER IMMUNOTHERAPIES THE REAL POWER OF DATA: LEVELING THE PLAYING FIELD IN HEALTHCARE MEDCITY PIVOT PODCAST: HOW JONATHAN BUSH WANTS TO PROVIDE AN OPERATING SYSTEM FOR A UNIVERSAL PATIENT RECORD WHEN IS IT SAFE TO DISCONTINUE TKI THERAPY IN PEOPLE WITH CHRONIC MYELOID LEUKEMIA? CRAFTING THE NEXT-GENERATION VALUE CREATION PLAYBOOK IN HEALTHCARE PRIVATE EQUITY * News * Health Tech * BioPharma * Devices & Diagnostics * Consumer / Employer * Contributors * MedCity Influencers * MedCitizens * Events * INVEST * INVEST PharmaTech * INVEST Digital Health * INVEST Population Health * Jobs * Research * Newsletters Don’t miss MedCity INVEST 2022 – March 28-30 at the Ritz-Carlton Chicago Health Tech, Physicians TIMEDOC HEALTH RAISES $48.5M IN BID TO REDUCE ADMIN BURDEN FOR PHYSICIANS AND ASSIST WITH CARE COORDINATION TIMEDOC PLANS TO HIRE ABOUT 350 ADDITIONAL EMPLOYEES IN 2022, ACCORDING TO CEO WILL BOEGLIN. THAT INCLUDES ADDITIONAL CARE COORDINATION STAFF, SALES AND MARKETING PERSONNEL AND TECH DEVELOPERS. By Michael Schroeder Post a comment / Mar 21, 2022 at 6:12 PM 0Shares TimeDoc Health, a virtual care management platform, announced Monday that it has raised $48.5 million to grow its workforce and increase the company’s technological capabilities in its bid to lighten the administrative load for physicians, support clinical decision-making and assist with care coordination. The haul from a Series B round led by Aldrich Capital Partners will help the Chicago-based company expand its hybrid virtual and in-person care model. TimeDoc’s solution combines an SaaS platform with care coordination services for chronic care management, remote patient monitoring and behavioral health that is integrated into primary care. Promoted HOW MEDTECH CAN BETTER INTEGRATE WITH HEALTHCARE WORKFLOWS THROUGH DIGITAL SOLUTIONS Healthcare industry is transitioning to value-based care models. That’s why the medical device industry's ability to continue the development of life-changing innovations will rely on demonstrating how new technology fits under this value-based paradigm. To build future-ready solutions, it’s important to focus on choosing the right tools and technology partners. The Innovaccer Health Cloud is well-positioned to do just that! Innovaccer's Rishav Krishna & Smriti Khera The startup, founded in 2015, plans to hire additional care coordination staff, sales and marketing personnel and tech developers. In total, it expects to bring on about 350 new employees in 2022, said CEO Will Boeglin in an email provided by a representative. “As a physician-founded company, we are constantly searching for ways to leverage technology to lessen the administrative burden on clinicians,” Boeglin said. “We are developing solutions that automate the administrative aspects of care coordination and remote monitoring. Also, we are building out analytical capabilities to enable our clinicians to make more informed clinical decisions when treating their chronically ill patients.” The funds will help TimeDoc create a full-service solution for chronic disease management, remote patient monitoring and behavioral health management, according to the company. The company is currently in 35 states and expects to expand into additional states this year as it looks to offer solutions to more providers and reach more patients. To help health organizations transition to virtual care management, the startup offers tech and staff support. TimeDoc emphasizes that health organizations can rely solely on the company’s solutions or use those as a supplement to in-house care management approaches, whichever is preferred. The aim is to offer a solution that meets healthcare organizations where they are. Promoted 6 QUESTIONS FOR INVESTOR BRAEDEN LICHTI Braeden Lichti, a Canadian investor and co-founder of a private investment firm has launched several healthcare companies, talks about how he got his start. Sheeva Azma, on behalf of BWL Investments “Our flexible technology plus services model is one of our key differentiators,” Boeglin said. “We’ve intentionally designed our solutions to ensure providers can use their care coordinators, ours or a hybrid of both.” Other companies like SnapMD and VirtualHealth also offer virtual care management platforms that allow health providers to continue to engage with patients outside hospital and clinic walls and support care coordination. And increasingly virtual and home-based care are being offered for a broader range of medical services, extending the reach of health providers and making it easier for patient to access care. For its part, TimeDoc offers a customized combination of human and tech resources, depending upon what health organizations need. “We can deploy as a tech-only solution for their teams, or as a hybrid solution where both TimeDoc Health affiliated care coordinators and the provider’s teams can use the platform in what we call a ‘co-sourced’ model,” Boeglin said. The startup has worked to optimize its tailored approach since its founding. As a result, Boeglin said most of its customers continue to rely on TimeDoc in some capacity rather than ultimately trying to do everything in-house. Photo: elenabs, Getty Images 0Shares TOPICS fundraising, healthcare automation, TimeDoc Health, virtual care HEAR THE LATEST INDUSTRY NEWS FIRST. SIGN UP FOR OUR DAILY NEWSLETTER. We will never sell or share your information without your consent. See our privacy policy. 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