Virtual Health Partners Closes Series A Financing
Creator of the proprietary, online, HIPAA compliant aftercare platform “myvirtualhp” will use proceeds to spur further innovation and grow sales
NEW YORK, April 12, 2017 /PRNewswire/ — Virtual Health Partners, Inc. (VHP), a New York-based innovator in virtual healthcare support, today announced it has closed its Series A Preferred Stock financing round to institutional and accredited investors. VHP intends to use the net proceeds of the financing to continue to propel the company’s innovations, sales initiatives, and to continue VHP’s overall mission to be the leader in virtual aftercare. Maxim Group LLC, a full service investment bank, served as the sole placement agent for the financing.
“VHP’s on-demand technology and customer oriented service is transforming the way aftercare is delivered. We are excited to be at the forefront of telemedicine and driving important advancements to virtual nutrition, behavioral health and fitness services. Over the past year, we have laid a strong foundation for our business and scaled our service across the country, and branched into international markets. This funding will be a catalyst that will take us to the next level,” said Jillian Bridgette Cohen, Chief Executive Officer and Co-founder of VHP.
As a pioneering provider of next generation healthcare technology, VHP’s proprietary, HIPAA compliant, on-demand platform focuses on ancillary care also known as “aftercare” treatment such as nutrition, behavioral health and fitness. VHP’s revolutionary video chat and messaging system enables patients to have live consults, attend classes, participate in support groups and message with specialists anytime, anywhere via face-to-face live video conferencing. Bluetooth scales and fitness monitors enable seamless syncing within the platform’s app, which is available for all iPhone and Android devices.
Dr. Shawn Garber, Chief Medical Officer and Co-Founder of VHP, explains “Our technology offers healthcare providers powerful tools to extend the reach of patient care by offering an efficient and economic aftercare solution. Over the last year, our network of professionals using our platform has seen rapid growth, expanding to eight medical fields, including bariatric surgery, gynecology, fertility, gastroenterology and plastic surgery, with providers in the US, Middle East, Europe and we will be launching into South America shortly. In addition, multiple medical device and nutrition companies now offer this turnkey solution to their clients. We’re thrilled with the response we’ve received thus far and are excited about VHP’s future.”
The VHP platform is available on a business-to-business basis to providers including hospital systems, gastroenterologists, bariatric surgeons, obesity medicine specialists, plastic surgeons, fertility specialists, medical device, nutritional supplement and wellness companies. Providers then grant their patients access to VHP’s platform, myvirtualhp. On-demand exercise classes, behavioral health programming, personalized scheduling and live nutrition consults are just a handful of VHP’s offerings. Myvirtualhp is an all-inclusive, comprehensive program, which is available 24/7, ensuring patients and their providers that support is readily accessible for today’s modern lifestyle.