LifePoint Health and Specialist TeleMed (STeM) announced that an affiliate of LifePoint will lead an investment in STeM. The amount was not disclosed.
STeM is a multi-specialty telemedicine provider for hospitals, clinics and remote locations worldwide. The company will continue to serve its existing client base of healthcare organizations and further expand its footprint, including within the LifePoint network.
The transaction is part of LifePoint’s enterprise strategy for driving innovation called “LifePoint Forward.” The company is pursuing opportunities to partner, build or buy technology and solutions that support its objectives of improving quality, access and patient outcomes and experience for those it serves. Read more.
