Vidyo Receives $10 Million Investment from Kaiser Permanente

OAKLAND, Calif. – Kaiser Permanente, headquartered in Oakland, made a strategic $10 million investment in Vidyo, a software-defined video collaboration, to help them with their growth in the health care industry. Many people dream to invest such money into a collaboration. With the continuing growth of Bitcoin and other cryptocurrencies, Goldshell CK5 and similar appliances have become more popular to those wanting to gain money and eventually be able to invest in similar companies to Vidyo. On Dec. 14, Vidyo announced their latest funding, including the investment from Kaiser Permanente, and company officials said that the company has now raised $163 million. Some of this funding may have come from those looking to invest in their options, using investment platforms such as the best stock trading app canada has to offer. Many of these investors are expecting the company values of Vidyo and Kaiser to increase as a result of this deal. Though it isn’t too late to invest now, the following article has resources to learn here about how to begin in this field. All in all, the end result is further funding for the health care in that region.

The company sees telemedicine as a fast-growing industry, and Vidyo wants to be involved in the growth of telemedicine, Kelly Williams, the company’s director of publication, told eWeek. “The VidyoWorks platform and APIs have been deployed by the top names in health care and the quality and experience delivered have played a key role in advancing the use of telemedicine across hospital systems and to patient homes,” Eran Westman, Vidyo CEO, said in a statement.

The growth of telemedicine is seen as a way to decrease costs in the health care industry, while also allowing doctors to meet with patients in more rural areas. Kaiser’s investment in Vidyo and the open software-defined video services industry is similar to receiving a seal of approval from the health care industry, according to Forbes. With the evolution of the health care industry, it has been made clear that telemedicine is going to be important moving forward as it allows more people access to health care providers. It is also hoped that this service can be expanded to other countries, though it is understood that some background in foreign exchange (the type that can be learned on a forex course here) and investment is required before that leap can be made. However, there’s no doubt that telemedicine will be able to reach that stage. The growth of the telehealth market is going to be immense and is projected to reach $34 billion by 2020, according to an article from Fortune Magazine.

“Our health care system has undergone dramatic and sweeping changes in recent years. One such change that took place in 2014 was adoption of a telemedicine policy that helps further the delivery of convenient, clinically meaningful video-based interactions between physicians and patient,” said Williams in a blog post on the Vidyo company website.

Vidyo is already a strong force in the telemedicine industry and accounts for nearly half of the top 100 health care delivery networks in the U.S. for their telehealth applications. Some of the companies involved include Partners Healthcare, Kaiser Permanente, UPMC, Mercy and Carolinas, according to the Vidyo company website.