As with countless global industries, clinical trials were forced to move key functions online as COVID-19 swept the world in early 2020. Clinical research operations had to rapidly deploy remote approaches that were previously in the planning or pilot stages. While the uptake was rushed, the results have been largely positive. Decentralized clinical trials, and their near cousins that apply a hybrid approach of in-person and remote visits, are increasingly seen as a viable solution for biopharma
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Archives for 2021
H1 Raises $100M to Expand Healthcare Professional Data Network
What You Should Know:
- Health tech startup H1 announced that it has raised a $100M Series C round of funding. NY-based H1 plans to invest the funds in the expansion of its data and network, product development and hiring, with a goal to make H1 the core global healthcare network for every
medical professional and organization in the world.
The Series C round was led by Altimeter Capital, joined by new investors Goldman Sachs Asset Management and Flex Capital, with
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QGenda Acquires Nurse & Staff Scheduling Platform Schedule360 – M&A
What You Should Know:
- QGenda today announced the acquisition of Schedule360, the provider of cloud-based software to automate nurse and staff scheduling.
- With the addition of nurse and staff scheduling, QGenda will enable healthcare organizations to manage, schedule and optimize the deployment of their entire workforce. Now, organizations can streamline scheduling processes across the enterprise to better optimize capacity and to improve outcomes through more
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Ribbon Health Raises $43.5M for Healthcare API Data Platform
What You Should Know:
- Ribbon Health, an API data platform that powers high-quality, cost-effective, and convenient care decisions, announced a $43.5 million Series B investment led by General Catalyst and with participation from new and current investors, including Andreessen Horowitz (a16z), BoxGroup, Rock Health, and Sachin Jain.
- Ribbon plans to use this funding to prioritize team expansion and technology investments to build a best-in-class data platform to simplify
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PathologyWatch Lands $25M for Digital Dermpath Lab Platform
What You Should Know:
- Digital lab and pathology platform PathologyWatch, today announced $25 million in Series B funding with participation from Ceros Capital Markets, Rock Creek Capital,Springtide Capital, Spark Growth Ventures, Blueprint Health, Blackbrook Management Group, and existing investors.
- AI in diagnostic services grew by 80% in 2020, largely in response to the COVID-19 pandemic, which also brought to our attention the need for more equitable and accessible healthcare. With
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Femtech Startup Rosy Wellness Secures $2M for Women’s Sexual Health
What You Should Know:
- Femtech startup Rosy Wellness, the app changing the sex lives of women across the country, announced today it raised an additional $2 million in seed funding led by Austin-based True Wealth Ventures with additional participation from Portfolia's Femtech II Fund and Mindshift Capital. The company will use the funding to support further development of its flagship platform, grow the team, and facilitate original research in women's sexual health.
- Founder
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Florence Health Adopts Innovaccer Health Cloud to Scale R&D
What You Should Know:
- Florence Health, a next-generation, fully risk-bearing, primary care provider, has partnered with Innovaccer to move its proprietary technology development to the Innovaccer Health Cloud.
- Florence, which will enter 2022 at full risk for more than 25,000 Medicare patients across multiple states and annual revenues of over $350 million, selected the Innovaccer Health Cloud after an extensive search that included all major public cloud providers.
Adopting
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain
What You Should Know:
- AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M.
- Following
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Time is Money in Healthcare Administration. How Much Are You Losing?
Administrative complexity is a billion-dollar problem, riddled with human-led, hand-done steps that simply don’t need to exist.
In a given year, approximately a quarter to one-third of our healthcare spending comes from waste across the system. Sometimes, the cause of money waste is obvious, such as duplicated tests, misdiagnosis, extended ER stays, overtreatment, or failures in care coordination. The less obvious contributor: time.
Time is wasted at nearly every step of the
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Lightbeam Health Solutions Acquires RPM Platform CareSignal
What You Should Know:
- Lightbeam Health Solutions, Inc., a provider of end-to-end population health management solutions, announced today the acquisition of CareSignal, the pioneer of Deviceless Remote Patient Monitoring technology. Financial details of the acquisition were not disclosed.
- The acquisition enables Lightbeam to integrate scalable, evidence-based remote engagement and monitoring capabilities into its core population health offering, which serves more than 42 million patient
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