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Archives for 2021

NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

by Jasmine Pennic 09/22/2021 Leave a Comment

NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

What You Should Know:  -NOCD, a Chicago-based provider of obsessive compulsive-disorder (OCD) treatment raises $33M in Series B funding led by F-Prime Capital, with Eight Roads Ventures, and Kaiser Permanente Ventures participating along with existing investors including 7wireVentures, Health Enterprise Partners (HEP), and Chicago Ventures. - The funds will be used to expand NOCD’s community, reach people earlier in their treatment journey, and offer additional services to assist with
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Clearsense Acquires Plug-and-Play AI Analytics Firm Compellon

by Jasmine Pennic 09/22/2021 Leave a Comment

What You Should Know: - Clearsense, an AI-powered data analytics platform company that translates healthcare data into highly consumable insights, today announced the acquisition of Compellon, a privately-held, plug-and-play AI analytics company. - The multi-patented Compellon technology uses AI to re-engineer predictive modeling, removing the technical burden from users. The technology is a hand in glove complement to the end-to-end Clearsense platform which cleans, organizes, and
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4 Best Practices to Deliver Virtual Palliative Care for Providers

by Michael Fratkin, MD, FAAHPM, Chief Medical Officer at Vynca 09/22/2021 Leave a Comment

To effectively deliver virtual palliative care and make the greatest impact, healthcare providers need to:

More and more people are living with serious illnesses such as cancer, heart failure, chronic obstructive pulmonary disease and liver disease. The National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP) reports that 60 percent of U.S. adults have a chronic disease, which is the leading cause of death and disability and the leading driver of healthcare costs. Palliative care is well-positioned to meet the unique needs of seriously ill individuals by helping to deliver
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Unite Us Acquires NowPow’s Personalized Community Referral Platform

by Fred Pennic 09/21/2021 Leave a Comment

Unite Us Acquires NowPow's Personalized Community Referral Platform

What You Should Know: - Unite Us, a New York City-based technology company connecting health and social care services, today announced the acquisition of NowPow, the Chicago-based referral platform grounded in science and community. - This combination will create the nation’s leading integrated health and social care network connecting people to the resources they need -- from food and housing assistance to counseling, caregiver support and more.  Together, the combined company helps
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Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform

by Fred Pennic 09/21/2021 Leave a Comment

Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform

What You Should Know: - Pager, a New York City-based virtual care navigation and collaboration platform, today announced it has raised $70 million as part of an equity and debt financing round led by Susquehanna Private Equity Investments and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey’s largest health insurer. The new capital brings the total to more than $120 million after a year of explosive growth
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Xealth Secures $24M to Scale Digital Prescription Platform

by Fred Pennic 09/21/2021 Leave a Comment

Xealth Secures $24M to Scale Digital Prescription Platform

What You Should Know: - Xealth, a Seattle-based provider enabling digital health at scale, today announced that the company has secured $24 million in Series B funding led by Advocate Aurora Enterprises, a subsidiary of Advocate Aurora Health. Seven additional health systems – Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and Stanford Health Care – join existing health system investors Atrium Health, Cleveland Clinic, Froedtert & MCW Health
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eVisit Nabs $45 Million to Scale Virtual Care Platform

by Jasmine Pennic 09/21/2021 Leave a Comment

eVisit Nabs $45 Million to Scale Virtual Care Platform

What You Should Know: - eVisit, a Phoenix-based virtual care platform for large healthcare providers, today announced that it has closed a $45M in Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders. - eVisit will invest the capital to drive growth by building out its Virtual Care platform and
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Alpha Medical Lands $24M for Women’s Virtual Primary Care Platform

by Jasmine Pennic 09/21/2021 Leave a Comment

Alpha Medical Lands $24M for Women's Virtual Primary Care Platform

What You Should Know: - Femtech company Alpha Medical, today announced it has raised $24M in Series B funding to expand its market share in women's virtual primary care. Alpha Medical recognizes that women’s healthcare needs reshaping to include reproductive health, primary and urgent care, and mental health services. - Alpha Medical leverages a unique telemedicine platform diagnosing and treating women quickly and conveniently from the comfort of their own home. The Alpha clinical team
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Nomad Health Secures $63M for Digital Marketplace for Temp Healthcare Jobs

by Jasmine Pennic 09/21/2021 Leave a Comment

Nomad Health Secures $63M for Digital Marketplace for Temp Healthcare Jobs

What You Should Know: - Nomad Health, a digital marketplace for temporary healthcare jobs, today announced the completion of $63M in new equity and debt financing led by Adams Street Partners and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank. With this financing, the business has raised over $100M since the company’s inception in 2015. - The funding will be used to support Nomad
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Why Moving Enterprise Data Management to the Health Cloud Is Worth The Investment

by Abhinav Shashank, CEO and Co-founder & Mike Sutten, Chief Technology Officer at Innovaccer 09/21/2021 Leave a Comment

Why Moving Enterprise Data Management to the Health Cloud Is Worth The Investment

Accelerated digitalization is a boon for the healthcare industry. With electronic healthcare records (EHRs), provider organizations can more easily manage population health and meet the needs of stakeholders. However, the increased use of electronic records also means that providers need to adjust their data management strategies to meet patient expectations and ensure integrity, interoperability, and security while complying with policies and regulations. To do that, they need to move away from
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