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Podcast: HIMSSCast
Episode: Uptick in virtual care spurs flurry of M&A activity - with Julian Flannery
Description: Providers quickly adopted virtual care during the COVID-19 pandemic.Virtual specialist care company Summus Global saw the utilization rate of its platform jump by 3.1 times between January 2020 and January 2021, with membership growing more than 1,000%. CEO and founder Julian Flannery tells Healthcare Finance News Executive Editor Susan Morse he does not see virtual use declining to pre-pandemic numbers.Spurred by the growth, seasoned players joined emerging startups in the M&A virtual care space. Oak Street Health acquired RubiconMD for $130 million;Â MDLive launched a remote patient monitoring program for virtual chronic care management; and O...