OpenLoop Health, a white label telehealth company based in Iowa, raises $15 million in a Series A funding round. The company expanded its clinical expertise with the acquisition of Reliant.MD’s practice group earlier this year. Last month, it announced plans to expand its headquarters to accommodate over 100 new employees.
The funding coincides with the company’s launch of payer and RCM services.
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Acquisitions, Funding, Business, and Stock
Hopper Health launches to offer membership-based, virtual primary care services to adults living with autism, ADHD, OCD, dyslexia, and Tourette’s. Founder Katya Siddall-Cipolla is a former Army combat medic and Blue Cross Blue Shield VP. She named the company after Admiral Grace Hopper, a mathematician and one of the world’s first computer programmers.
Caleb Anderson (Netsmart) joins Athenahealth as chief sales officer.
Announcements and Implementations
Bristol Advanced Illness Management implements EHR, practice management, and RCM technology and services from EClinicalWorks across its facilities in nine states.
Government and Politics
The federal government charges former Wedgewood Physicians COO Francisco Ortiz and physician James Mersing, MD with allegedly stealing $650,000 from their former employer. Over a three-year period, Ortiz diverted funds for personal travel, home improvements, and Amazon orders. He also gave Mersing unauthorized bonuses, which Mersing then returned portions of as kickbacks.
Google search results will soon highlight community healthcare facilities that offer free or low-cost care.
Good fun for a good cause: In Tennessee, the Chattanooga Medical Alliance will host MedRock: Battle of the (Physician) Bands on March 25. Proceeds from the event will fund college scholarships for high school seniors interested in pursuing healthcare-related careers. Attendees will have the chance to bid on a guitar played, signed, and donated by Peter Frampton.
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