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The pre-seed will be used to expand the startup's clinical operations and research as well as improve its proprietary clinical protocols.

The company also announced a partnership with managed care organization CareSource to study the benefits of using virtual reality with patients receiving home and community-based services.

The company received the funds as part of growth equity financing. 

The health systems say the virtual and in-home care company, called Ovatient, will provide more convenient offerings and a connection to higher-level care when needed.

HealthJoy, Hazel Health, Navina, Galen Robotics, Midi Health and Lumata Health also announced funding rounds.

According to a study published in JAMA Network Open, telehealth follow-up was associated with 28.3 more repeat ED visits per 1,000 patients compared with in-person care.

Adam Elsesser, president, chairman and CEO of Penumbra, describes the medical device company's move into virtual reality and how its REAL system helps therapists measure a patient's progress.   

Also, Cabrini Technology is adding medical device cybersecurity to its service offerings.

The acquisition will allow Color Health to provide behavioral and mental health treatment at scale.

The virtual care giant reported revenue of $611.4 million, a 17% year-over-year increase, and a net loss of $73.5 million in the third quarter.