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Archives for 2021

Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform

by Fred Pennic 05/19/2021 Leave a Comment

Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform

What You Should Know: - Cynerio, a leading provider of Healthcare IoT cybersecurity and asset management solutions, today announced it has secured $30 million in Series B funding led by ALIVE Israel HealthTech Fund, Israel's pioneering HealthTech investment fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round. - Notably, the COVID-19 pandemic caused a nearly 50% increase in the
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MITRE Proposes a National Strategy for Digital Health

by Jasmine Pennic 05/19/2021 Leave a Comment

MITRE Proposes a National Strategy for Digital Health

What You Should Know: - MITRE has published a draft National Strategy for Digital Health that identifies a set of national priorities and guides the government and industry toward common goals. - MITRE has researched and identified candidate actions in the full version of the strategy, which leaders may consider for achieving each of these goals. Six Strategic Goals for a Healthier Population The six strategic goals MITRE has identified to revolutionize the health and well-being of
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Wellstar Health System Launches Global Digital Health And Innovation Center

by Jasmine Pennic 05/19/2021 Leave a Comment

Wellstar Health System Launches Global Digital Health And Innovation Center

What You Should Know: - Wellstar Health System has launched Catalyst by Wellstar, a global digital health and innovation center to connect and collaborate with industry-leading corporations, enterprise startups, and universities to fuel innovation. - To foster meaningful discussion, action, and philanthropy around healthcare innovation, the Catalyst by Wellstar leadership team will participate in a Wellstar Foundation-hosted Innovation Series virtual event on June 15. - The first
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DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M

by Fred Pennic 05/18/2021 Leave a Comment

DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M

What You Should Know: - DarioHealth Corp., a pioneer in the global digital therapeutics market, today announced it has entered into an agreement to acquire PsyInnovations, Inc. (dba wayForward), a behavioral health digital platform that includes AI-enabled screening to triage and navigate members to specific interventions, digital Cognitive Behavioral Therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits.  - The wayForward platform
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Humana Taps NowPow to Address Social Needs for Medicare & Medicaid Members in Chicago

by Jasmine Pennic 05/18/2021 Leave a Comment

Humana Taps NowPow to Address Social Needs Medicare & Medicaid Members in Chicago

What You Should Know: - Humana Inc., today announced it is partnering with NowPow to improve the health of communities across Chicago by identifying and addressing root causes of poor health. - As part of the partnership, Humana will leverage NowPow’s personalized community referral platform to help extend the digital infrastructure for its population health strategy supporting Humana Medicaid and Medicare members in Chicago. This effort aims to improve members’ health by meeting needs
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7WireVentures Launches $150M Connected Consumer Health Fund

by Fred Pennic 05/18/2021 Leave a Comment

7WireVentures Launches $150M Connected Consumer Health Fund

What You Should Know: - Digital health venture capital firm 7WireVentures today announced it has closed a $150M Connected Consumer Health Fund to invest in early-stage digital health businesses that empower an Informed Connected Healthcare Consumer. - In addition to the fund, 7WireVentures announced the addition of new healthcare organizations to the Connected Consumer Health Coalition, a partnership of top health plans, health systems, employers, and life science organizations. Select
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Eleanor Health Secures $20M for Value-Based Addiction and Mental Health Treatment

by Fred Pennic 05/18/2021 Leave a Comment

Eleanor Health Secures $20M Series B Financing to Address Value-Based Addiction and Mental Health Treatment

What You Should Know: - Eleanor Health, a Waltham, MA-based outpatient addiction and mental health provider delivering convenient and comprehensive care through a population and value-based payment structure, today announced it has closed an oversubscribed $20M Series B financing. The round included participation from all existing investors including Town Hall Ventures, Echo Health Ventures, and Mosaic Health Solutions, as well as new participation from Warburg Pincus. - Committed to
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SymphonyRM Secures $25M to Transform Providers into Member-Focused Enterprises

by Jasmine Pennic 05/18/2021 Leave a Comment

SymphonyRM Secures $25M to Transform Providers into Member-Focused Enterprises

What You Should Know: - SymphonyRM, a Palo Alto-based health IT company announced today that it has raised $25M in Series B funding. The round is led by new investment partner TT Capital Partners (TTCP) with continued investment from Adams Street Partners (Adams Street). The latest round of funding brings SymphonyRM total raised to date at $35M. - SymphonyRM is helping health systems transform how they acquire, engage, and retain patients by creating an engagement model rivaling the
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6 Ways eConsults Mitigate Impact of Second Surge of COVID-19 for Providers

by Peter Anderson, MBA, AristaMD advisor 05/18/2021 Leave a Comment

eConsults: Managing The Second Surge of Healthcare Needs

The COVID-19 pandemic accelerated telehealth adoption to help keep patients out of waiting rooms and emergency departments, in hopes to reduce exposure and spread of the virus.  Even so, it should not be news to healthcare stakeholders that patients experienced delayed healthcare in 2020. An estimated 1 in 3 Americans delayed care during this time, with 53 percent of respondents in a recent large-scale survey stating that they are worried about catching COVID-19 if they visit medical
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Insurtech Helper Bees Acquires In-Home Care Platform healthAlign

by Fred Pennic 05/17/2021 Leave a Comment

Helper Bees Acquires In-Home Care Platform healthAlign to Expand into Medicare Advantage

What You Should Know: - The Helper Bees (THB), an insurtech company creating a better model for home care, today announced the acquisition of healthAlign, a platform, connecting Medicare Advantage health plan members to a full range of of in-home service providers.. Together the two companies will drive aging-in-place innovation by centralizing a full range of in-home services within a single platform; fulfilling through national and local providers, regulated agencies, and
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