LifePoint Investing in STeM

LifePoint Health https://lifepointhealth.net will lead an investment in Specialist TeleMed (STeM) https://specialisttelemed.com, a multi-specialty telemedicine provider for hospitals, clinics, and remote locations.

LifePoint’s strategy for driving innovation is called “LifePoint Forward which looks to buy, build, and partner with technology companies and solutions to improve quality of care, access to care, and improve patient experiences and outcomes.

LifePoint Health has 50,000 employees, 53 community hospital campuses, more than 30 rehabilitation and behavioral health hospitals, and 170 additional sites of care including managed acute rehabilitation units, outpatient centers, and post-acute care facilities.

STeM is a physician-led company offering more than 24 inpatient and outpatient specialties for virtual care consultations. The company partners with healthcare provider organizations to provide telemedicine solution 24/7, 365 days a year. STeM is based in Denver and will continue to be led by Dr. Alexander Mason, CEO plus the company’s leadership team.