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Corporation
INTERNET | Internet Software & Services / Healthcare
mdlive.com

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Founded Year

2006

Stage

Acquired | Acquired

Total Raised

$198.6M

About MDLIVE

MDLIVE is a provider of integrated virtual health services, offering online and on-demand health care that benefits consumers, employers, payers, hospitals, physician practice groups and accountable care organizations. The company has established a business-to-business-to-consumer model to bring to patients the confidence and assurance of trusted services across their health care needs, from health care provider to pharmacy.On February 26th, 2021, MDLive was acquired by Evernorth. The terms of the transaction were not disclosed.

MDLIVE Headquarter Location

3350 SW 148th Ave. Suite 300

Miramar, Florida, 33027,

United States

866-268-7539

Latest MDLIVE News

The Future State of Healthcare

Jul 20, 2021

Q&A with Eric Herbek, Vice President, Virtual Care, Evernorth Sponsored by Cigna Posted on July 20, 2021 Cigna’s Evernorth recently completed its acquisition of virtual-care provider MDLIVE, one of the largest telehealth vendors in the United States. As patients continue to change the way they interact with the healthcare system, including their providers, a growing number of tech-based companies are reimagining care, meeting patients wherever they are, 24/7. Herbek discusses the digital healthcare ecosystem moving forward. Q Tell us about the opportunity to build an alternative model of care-delivery in Cigna’s decision to acquire MDLIVE. A MDLIVE will be part of Evernorth’s new, differentiated and future-state care solutions that improve the patient experience, close the patient-provider accessibility gap, and offer new solutions for continuity of care. We believe that virtual care can be used effectively to treat much more than strep throat or an ear infection. We see a future where diabetic patients and others with chronic and complex care needs can access comprehensive care online and where their providers are part of a connected network of care. Bringing MDLIVE into Evernorth will enable a new end-to-end care experience that will meet the care needs of consumers looking for alternative access to care and complement care for consumers engaged with bricks and mortar providers. In both cases, our care delivery model can drive better health outcomes and more convenient access to care. Q How does the integration of MDLIVE’s platform (1) increase patient access to care and (2) help drive down healthcare costs, which are reported to be growing by roughly 5% every year? A MDLIVE provides Evernorth with a platform to enhance and build next-generation care solutions, which will accelerate innovation in both access to care and affordability. We plan to address accessibility by offering a leading 24/7 solution that expands care delivery, including earlier identification and diagnosis of critical care needs, better medication management that improves safety and adherence, and coordinated behavioral services. We also see this combination as an opportunity to drive down costs through more efficient referrals to high-quality providers, guidance to appropriate and affordable sites of service, and easier connections to affordable prescription fulfillment. Q How will people combine virtual care/home care/and in-hospital or outpatient care as COVID-19 infections decrease and the country begins a new normal? A During COVID-19, we have seen significant shifts in how consumers expect to receive care and how providers deliver care—virtually, digitally and in the home. We expect the virtual care trend to continue and accelerate further, beyond urgent care to primary, chronic and behavioral. For example, 60% of Cigna’s behavioral customers have continued using virtual care since the pandemic began; before the pandemic, 97% of those customers never had a virtual visit. In addition, consumers are more comfortable using digital touchpoints along their current healthcare journey and plan to use them in the future. In fact, Americans expect the use of digital health options and virtual care to increase as the pandemic subsides and beyond, indicating these trends are here to stay. Over time, greater adoption of these technologies will make it easier to monitor and manage care in real time. Q

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Research containing MDLIVE

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CB Insights Intelligence Analysts have mentioned MDLIVE in 2 CB Insights research briefs, most recently on May 6, 2021.

Expert Collections containing MDLIVE

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MDLIVE is included in 6 Expert Collections, including The Digital Hospital.

T

The Digital Hospital

122 items

Startups recreating how healthcare is delivered

D

Digital Health 150 (2019)

150 items

2019's cohort of the most promising digital health startups transforming the healthcare industry

C

Conference Exhibitors

5,302 items

D

Digital Health

10,305 items

Companies using/incorporating digital tech into health, wellness, and life science offerings. Includes cos operating within the hc, consumer health, and life science industries + tech vendors catering to them. Excludes cos exclusively focused on fitness/sports & performance

T

Telehealth

2,607 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

H

Health IT

924 items

This collection includes public and private companies, as well as startups, that market software solutions to healthcare provider organizations.

MDLIVE Web Traffic

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MDLIVE Rank

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