MDLIVE Raises $23.6M in Funding

MDLIVE_LogoMDLIVE, a Sunrise, Florida-based provider of telehealth services and software, raised $23.6m in funding.

Backers included Heritage Group, Sutter Health and Kayne Anderson Capital Advisors, which joined existing investors Sentara Healthcare and John Sculley, Board of Directors Vice Chairman for MDLIVE and former CEO for Apple and Pepsi Cola.

The company intends to use the funds to further build out its healthcare system in the cloud, as well as to integrate a Second Opinion program for patients.

Founded in 2006 and led by Randy Parker, CEO, MDLIVE provides telehealth services and software, providing telehealth, online and on-demand healthcare that benefits consumers, employers, payers, hospitals, physician practice groups and accountable care organizations. It works with Board Certified physicians and therapists, nationwide.
Its cloud-based Virtual Medical Office software platform allows patients, healthcare professionals and plan administrators to collaborate via voice, video, email and mobile devices. Payers and providers can also utilize the (HIPAA and PHI-compliant) system to collect and share clinical data from patient medical records, lab results and in-home biometric devices for real-time risk assessments, wellness advice, diagnosis and treatment.



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