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Archives for 2021

NexHealth Raises $31M to Expand Patient Experience Management Platform at $431M Valuation

by Fred Pennic 06/28/2021 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

What You Should Know: - NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raises $31M, co-led by media mogul and founding partner of WndrCo Jeffrey Katzenberg and Mino Games founder-turned-angel investor Josh Buckley, at a $431M valuation. - Founded in 2015 by Alamin Uddin, NexHealth’s patient experience management platform enables doctors to give their patients an end-to-end experience with key features like real-time online booking,
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Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

by Greg Kefer, Chief Marketing Officer at Lifelink Systems 06/28/2021 Leave a Comment

Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

The efforts to develop a COVID-19 vaccine focused the world’s attention on the pharmaceutical industry. Before the pandemic hit, very few people outside of the healthcare industry understood what it takes to develop a new drug. Nor did they consider the complexities of administering the various medications that require a regimen that goes beyond “take one pill each morning.” The biopharmaceutical industry is massive, accounting for more than $1.3 trillion in economic output, representing four
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Health Catalyst to Acquire Patient Engagement Platform Twistle – M&A

by Fred Pennic 06/25/2021 Leave a Comment

Health Catalyst to Acquire Patient Engagement Platform Twistle - M&A

What You Should Know: - Health Catalyst, a provider of healthcare data and analytics solution announced that it has entered into a definitive agreement to acquire Twistle, Inc. ("Twistle"), an Albuquerque, New Mexico-based healthcare patient engagement platform. The acquisition was funded using a combination of cash and stock. - Founded in 2011, Twistle’s SaaS patient engagement platform automates patient-centered, HIPAA-compliant communication between care teams and patients to transform
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RCM: How Coding Gray Areas Skew Healthcare Data

by Chris Gallagher CCS, CDIP, VP of Delivery at Penstock 06/25/2021 Leave a Comment

RCM: How Coding Gray Areas Skew Healthcare Data

Clinical reality, the ICD-10-CM classification system, and considerations of reimbursement are three distinct worlds that are sometimes in conflict. We don’t like it when financial considerations intrude on the purity of coding, but there’s no escaping this intrusion when coding serves as both the representation of the clinical picture in healthcare data and as the basis for reimbursement. Sepsis Definitions at Odds Sepsis provides a great illustration of a coding gray area that can
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health

by Fred Pennic 06/25/2021 Leave a Comment

TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health

What You Should Know: - TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC,  Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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Hims & Hers Acquires Teledermatology Platform Apostrophe

by Jasmine Pennic 06/24/2021 Leave a Comment

Hims & Hers Acquires Teledermatology Platform Apostrophe – Health M&A

What You Should Know: -Hims & Hers Health, Inc., the multi-specialty telehealth platform focused on providing modern personalized health and wellness experiences to consumers, today announced its will acquire teledermatology specialist, Apostrophe. Financial details of the transaction will not be disclosed at this time. Apostrophe has created a clinical platform that powers bespoke treatment plans that include some of the most sophisticated, personalized combinations of topical
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Providence-backed Tegria Acquires Digital Health AI Platform KenSci

by Fred Pennic 06/24/2021 Leave a Comment

Providence-backed Tegria Acquires Digital Health AI Platform KenSci

What You Should Know: -  Providence-backed Tegria today announced the acquisition of KenSci, a leader in artificial intelligence platforms and apps for healthcare, with roots in Microsoft's Azure4Research program and the University of Washington. Financial details of the acquisition were not disclosed. - Founded in 2015, KenSci's digital health AI platform helps organizations bring the power their data and improve health outcomes with advanced analytics. KenSci's customers,
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CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation

by Fred Pennic 06/24/2021 Leave a Comment

CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation – M&A

What You Should Know: - CitiusTech, a provider of healthcare technology services, solutions and platforms, announced today the strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations. -  As the need for value-based innovative technology solutions grows, combining SDLC’s expertise in payer-focused solutions with CitiusTech’s industry presence and rich portfolio of complementary digital offerings, CitiusTech
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Medable Launches Decentralized Clinical Trials Enablement Program

by Fred Pennic 06/24/2021 Leave a Comment

Medable Launches Decentralized Clinical Trials Enablement Program

What You Should Know: -  Medable Inc., a software platform for patient-centered drug development, today announced an industry-first digital certification program that provides life sciences companies with specialized tools, knowledge sharing and skills development to rapidly scale their decentralized and hybrid trial strategies. - Hybrid/decentralized clinical trials have unleashed an entirely new patient experience, but this new approach to clinical research will only work if
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Cardiac Success Secures $5.2M for Transcatheter Ventricular Repair Device for Heart Failure Patients

by Jasmine Pennic 06/24/2021 Leave a Comment

Cardiac Success Secures $5.2M for Transcatheter Ventricular Repair Device for Heart Failure Patients

What You Should Know: -  Cardiac Success Ltd., an Israel-based medical device company developing a transcatheter ventricular repair device for heart failure patients, announced it has raised $5.2M in Series A funding round led by 415 CAPITAL. The round was joined by an unnamed global strategic leader in structural heart interventions and a group of Israeli angel investors.  - Today, there are millions of patients who, despite guidance-directed medical therapy, continue to suffer
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