98point6 is ditching its telehealth business to sell software. Here is the presentation it used to raise $30.7 million to fuel its pivot.
98point6 leaned into what set the company apart when choosing to bet big on licensing the technology it built. That way, it'd have the resources to continue growing. The start up sold its virtual care delivery business to Transcarent in March. 98point6 used this pitch deck to sell investors on its switch to providing tech to health systems.
Puget Sound Business Journal
98point6 raises $30.7M following sale of original business line
CEO Jay Burrell said the funding will help the Seattle-based telehealth company build up its software business and innovate for its technology platform.
Podcast: HealthcareNOW Radio
This Just In: Dr. Brad Youngren, President, Care Innovation at 98point6
Host Justin Barnes, aka the @HITAdvisor, talks to Dr. Brad Younggren, the President & Chief Medical Officer, Care Innovation at 98point6. They discuss key strategies as well as best practices for virtual care & digital health.
How telehealth can save providers’ sanity and keep them in the profession
Author: Brad Younggren, MD - Chief medical officer and president of care innovation, 98point6
Date: February 22, 2023
These systems showed value during the pandemic and demonstrated that virtual care can serve the needs of physicians who want to improve care.
The impact of the pandemic on healthcare clinicians...
Washington Health System Licenses Virtual Care Technology For Urgent Care
MultiCare Health intends to enhance telehealth access among those it serves by licensing 98point6's virtual care technology and adding it to Indigo Health, the ambulatory care platform through which it offers urgent care.
98point6 Raises Over $20M in Funding
98point6, a Seattle, WA-based on-demand virtual primary care company, raised over $20 million in funding.
Backers included existing investors L Catterton (Growth Fund), and Activant Capital.
The company intends to use the funds to continue to expand operations and its business reach.
