The American health insurance company Humana is pouring millions of dollars into the future of telehealth.
Zoom doc. Humana is partnering with the telehealth start-up Heal as part of an expansion plan.
- As part of the deal, Humana is injecting $100 million of capital into Heal.
- The money will be used to expand Heal’s services into Chicago, Charlotte, and Houston.
What’s in it for Humana? The new duo will help increase the quality of health care for Humana members, especially with home-based care.
How Does it Affect My Wallet?
Tele-Success. Telemedicine services were already trending before the pandemic; now, this growing industry has exploded.
- Heal’s telehealth appointments are up 8,000% from January, and home visits are up 33%.
Outlook: So far, in 2020, global venture capital funding initiatives have invested $3.6 billion into telehealth companies (142 deals).
Don’t want to miss our financial news you can finally use? Subscribe to our newsletter – it’s free!