MDLIVE operates a virtual primary care digital health platform that connects patients with a network of board-certified physicians, dermatologists, psychiatrists and therapists specially trained in virtual care. The company leverages technology and artificial intelligence to simplify and streamline care, often connecting providers and patients within minutes. MDLIVE serves more than 45 million members nationwide. It is focused on ongoing strategic expansion of its virtual primary care platform and the launch of supporting products and services. To support growth, MDLIVE recently completed new equity and debt financings. The company is led by chairman and CEO Charles Jones. Mdlive operates a HIPAA-compliant, cloud-based telehealth service platform that provides 24/7/365 virtual access to U.S. board-certified doctors, counselors, psychiatrists and dermatologists. The company partners with health systems, health plans and hospitals to offer virtual visits and registered users can receive consultations from home or on the go. Mdlive serves more than 27 million Americans through its platform. Founded in 2009 and based in Sunrise, Fla., the company focuses on expanding virtual access across multiple specialties. Mdlive intends to use recent financing to continue growing its reach. MDLIVE provides virtual consultations with U.S. board-certified physicians and licensed therapists through a HIPAA-compliant cloud-based platform. The system enables payers and providers to collect and share clinical data from patient medical records, lab results and in-home biometric devices for real-time risk assessments, wellness advice, diagnosis and treatment. MDLIVE partners with established industry players, including Walgreens, Microsoft and major health systems across the country. The company plans to use recent funding to continue organic growth and to expand its acquisition strategy and consumer reach. MDLIVE was founded in 2009 and is led by president and CEO Randy Parker. The company positions itself as one of the most comprehensive virtual health networks in the United States. MDLIVE provides telehealth, online and on-demand healthcare via a cloud-based Virtual Medical Office platform that connects patients, providers and plan administrators through voice, video, email and mobile devices. The company works with board-certified physicians and therapists nationwide to deliver 24/7/365 care, including diagnosis and non-controlled prescriptions for routine conditions. Its platform is HIPAA- and PHI-compliant and is used by consumers, employers, payers, hospitals, physician groups and accountable care organizations. MDLIVE positions itself as the nation’s largest telehealth network and emphasizes a customer-centric approach and decision-support tools for consumers. The company said it will use the new funding to further build out its healthcare system in the cloud and to integrate a Second Opinion program for patients. MDLIVE was founded in 2006 and is headquartered in Sunrise, Florida.

Total raised

$199M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Sep 2020