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Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment


Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment
What You Should Know:
– Groups Recover Together (Groups), a national leader in value-based care for opioid addiction treatment, today announced it has raised $60 million in Series C financing. Oak HC/FT led the round, joining existing investors Bessemer Venture Partners, Transformation Capital, RRE Ventures, Optum Ventures and Kaiser Permanente Ventures.
– The latest financing will support the expansion of Groups’ treatment model from locations in 12 states to at least 17 states by the end of 2021. Today, Groups treats more than 8,000 members across the country, a 45% increase over the past year.  ....

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Teladoc reveals new pilots focused on virtual primary care, hospital at home and CGM data insights


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Teladoc Health has launched new pilots of its virtual primary care program and hopes to explore its take on a hospital-at-home offering with large health system partners before the end of the year, CEO Jason Gorevic said this week during a J.P. Morgan virtual presentation.
Shortly after the talk, Teladoc also announced a new pilot with continuous glucose monitor (CGM) company Dexcom for eligible Type 2 diabetes members. The pilot will use CGM data to inform users about the link between their lifestyles and shifts in blood glucose at no additional cost to the member.
WHAT S THE IMPACT?
Teladoc has been clear about its push to provide whole person care and the new market opportunities that are now in reach thanks to its recent acquisitions. Each of these pilots are concrete examples of the virtual care inching closer to that goal. ....

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