Telehealth

The company will use the funds to strengthen its technology offerings as IDNs and hospitals look to expand workflow models leading to better patient care.

Participating physicians and their patients can download the application to connect in real-time for diagnosis and treatment of a variety of medical issues.

Instead of emphasizing convenience, Telstra is pointing out that talking to a doctor by phone or online might actually be safer than seeing a doctor in person.

The Dallas, Texas-based company changed the asking price of its share to $19 (from $15-$17), as well as the number of shares it was selling to 8.3 million.

Under the deal, HealthTap doctors will be able to immediately order routine tests after a patient visits one of Quest's patient service centers.

In 2015, North America is expected to command the largest share of the global market, followed by Europe and Asia-Pacific.

The service will be offered directly to consumers, and as a white-label service for medical professionals looking to join the telehealth market.

The company is closing its US subsidiary Robert Bosch Healthcare, reducing the scope of its operations to a 50-person team based in Germany.

Although clinical video consultations lead the market today, sessions in non-clinical settings will represent the majority within four years.

Participants experienced improved psychological well-being in three months, with higher satisfaction given to convenience and affordability, among other things.