Despite the failure of HealthSpot, Xerox, a key investor in that company, still wants to be a major player in telehealth.
Xerox invested an undisclosed sum in Dublin, Ohio-based HealthSpot in November 2014. At the time, HealthSpot CEO Steve Cashman called Xerox the company’s largest business partner.
Health Executives on Digital Transformation in Healthcare
Hear executives from Quantum Health, Surescripts, EY, Clinical Architecture and Personify Health share their views on digital transformation in healthcare.
(CrunchBase, which tracks venture capital, noted that HealthSpot received two rounds of debt financing in November 2014, worth a total of $9.14 million, but did not specify the source.)
Xerox, of Norwalk, Connecticut, did not initially respond Wednesday to an inquiry from MedCity News, but an outside marketing agency saw our coverage and send this statement from Xerox Commercial Healthcare’s Chief Innovation Officer Tamara StClaire:
We are disappointed to hear HealthSpot’s news. However, the health IT solution and services that Xerox built to power the HealthSpot kiosk can be leveraged for other telehealth platforms. We remain committed to supplying a suite of telehealth services powered by Xerox infrastructure to the industry and will continue to work with startups and small companies to openly innovate and collaborate on new ideas for products and services that benefit consumers and deliver on our vision of anywhere care.
HealthSpot itself still has not answered media queries.
Reducing Clinical and Staff Burnout with AI Automation
As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.