Canadian healthtech company PointClickCare launched Virtual Health, a telemedicine service for skilled nursing facilities that offers 24/7 access to hospitalists.
Virtual Health is being implemented in more than half of U.S. states with the assistance of its partner, Sound Physicians, a physician partner to hospitals, health plans, physician groups and post-acute providers.
“Telehealth is no longer a futuristic concept in long-term care, it’s table stakes,” Travis Palmquist, senior vice president and general manager of senior care at PointClickCare, said in a statement. “Our customers continue to navigate between care settings, and our team has sought to innovate and push the envelope on providing virtual care.”
THE LARGER TREND
PointClickCare has also made several acquisitions. In early 2022, it purchased health IT company Audacious Inquiry. It’s also scooped up companies like coordinated-care platform Collective Medical, post-acute care management company QuickMar, analytics tool Co-Pilot and post-acute care-focused COMS Interactive.
The company scrapped plans to go public several years ago after filing a registration statement with the U.S. Securities and Exchange Commission for an IPO in late 2015, announcing it closed a $85 million round of financing instead.