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Illustration: Annelise Capossela/Axios

Solv Health, a startup that sells health care providers digital tools to manage patients, has raised $27 million in new funding led by Acrew Capital, with MultiCare Health System, Light Street Capital, Benchmark and Greylock Partners also participating.

Why it matters: Overnight, the ongoing pandemic significantly altered how people interact with the health care system, creating a need to reduce unnecessary in-person contact that has sped up the digital transformation of medical practice.

Details: Solv’s primary business and source of revenue is selling software to health care providers — mainly urgent care clinics — that helps them manage patient appointments and related interactions.

  • It’s essentially an “OpenTable for health care providers."
  • “The ROI we’re delivering them is patient engagement and acquisition,” co-founder and CEO Heather Fernandez tells Axios.

On the patient side, Solv has an app that enables users to find providers nearby that accept their insurance (if they have it), book appointments, and track their deductible spending.

  • Solv has also added services like virtual doctor visits, appointments for COVID-19 tests, and the ability to pay for care via the mobile app.
  • Since March, patients have booked more than 700,000 virtual appointments through Solv, up from only 9,000 in all of 2019.
  • According to the company, 80 million Americans currently live within a 5-mile radius of a same-day appointment they can book via Solv.
  • The service is available to patients in 43 states for in-person visits, and 38 for virtual visits.

The pandemic has also created a new opportunity for the company as urgent care clinics quickly became primary providers for COVID-19 tests.

  • In recent months, the company has also partnered with the city of Seattle and the state of Michigan to provide underlying patient-booking software for their testing programs.
  • To date, Solv patients have booked 2.1 million tests, according to the company.

The bottom line: Urgent care is increasingly becoming the first, if not the only, interaction patients have with health care providers, making it even more imperative for both clinics and patients to interact more efficiently.

Go deeper

Coronavirus hospitalizations top 100,000 for the first time

Expand chart
Data: The COVID Tracking ProjectHarvard Global Health Institute; Cartogram: Danielle Alberti and Andrew Witherspoon/Axios

More than 100,000 Americans are now in the hospital with coronavirus infections — a new record, an indication that the pandemic is continuing to get worse and a reminder that the virus is still very dangerous.

Why it matters: Hospitalizations are a way to measure severe illnesses — and severe illnesses are on the rise across the U.S. In some areas, health systems and health care workers are already overwhelmed, and outbreaks are only getting worse.

Dan Primack, author of Pro Rata
9 hours ago - Technology

TikTok gets more time (again)

Illustration: Aïda Amer/Axios

The White House is again giving TikTok's Chinese parent company more to satisfy national security concerns, rather than initiating legal action, a source familiar with the situation tells Axios.

The state of play: China's ByteDance had until Friday to resolve issues raised by the Committee on Foreign Investment in the U.S. (CFIUS), which is chaired by Treasury secretary Steve Mnuchin. This was the company's third deadline, with CFIUS having provided two earlier extensions.

Federal judge orders Trump administration to restore DACA

DACA recipients and their supporters rally outside the U.S. Supreme Court on June 18. Photo: Drew Angerer via Getty

A federal judge on Friday ordered the Trump administration to fully restore the Deferred Action for Childhood Arrivals program, giving undocumented immigrants who arrived in the U.S. as children a chance to petition for protection from deportation.

Why it matters: DACA was implemented under former President Obama, but President Trump has sought to undo the program since taking office. Friday’s ruling will require Department of Homeland Security officers to begin accepting applications starting Monday and guarantee that work permits are valid for two years.

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