What You Should Know:
- TytoCare has partnered with Multimed, a leading distribution and commercialization company providing medical devices, surgical instruments, robotics and safety devices, who will exclusively introduce TytoCare to the Italian public healthcare market.
- The Italian healthcare system expressed significant demand for TytoCare’s telehealth platform as a solution to help fight the rapid outbreak of COVID-19 that plagued the country at the onset of the pandemic.
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Archives for 2021
Glytec Raises $21M to Fix Hospital Insulin Management
What You Should Know:
- Glytec announced $21M in funding today from Silicon Valley Bank, Savitr Capital and others to help address the challenge that 90% of hospitals in the U.S. face with insulin management.
- Glytec’s insulin management solution, eGMS helps providers track blood glucose data, detect and alert patients in glycemic disarray, provide personalized insulin dosing regimens, and get patients into target blood glucose range
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Teladoc Health Appoints Claus Jensen as Chief Innovation Officer
What You Should Know:
- Teladoc Health, Inc., the global leader in whole-person virtual care, has named Claus Jensen as chief innovation officer to lead the research and development team.
- Claus brings more than 20 years of experience from leading healthcare and technology companies including Memorial Sloan Kettering Cancer Center (MSK), Danske Bank, IBM and as chief technology officer of CVS Health-Aetna.
- At Teladoc Health, Jensen will
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4 Ways Health Systems Need To Reinvent Themselves to Compete
For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale.
As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain.
The majority, however, understand that the pandemic constitutes a sea change in the
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Accolade Acquires Virtual Primary Care Platform PlushCare for $450M
What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide
What You Should Know:
- Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels.
- Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Telehealth Startup PursueCare Raises $11M for Virtual Medication-Assisted Program
What You Should Know:
- Telehealth addiction treatment provider PursueCare announced it has raised a total of $11 million in Series A funding after an oversubscribed $7 million Series A2 capital raise. The round was led by OCA Ventures, Seyen Capital, Wasabi Investors and a syndicate of experienced healthcare investors.
-Founded in 2019, PursueCare, has experienced massive demand for its virtual Medication-assisted Treatment (MAT) programs for opioids and other substance use disorders
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Advance Care Planning: The Need for Racial Equity in End-of-Life Care
National Minority Health Month presents a critical opportunity to address the huge gaps that exist when it comes to race and healthcare quality in the United States. While there are a variety of factors that continue to play a role in creating this inequity, its impact leads to limited access to healthcare services, increased presence of certain diseases, and poorer health outcomes for racial and ethnic minorities. These fundamental issues around disparities in healthcare are also often
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses
What You Should Know:
- Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer.
- The company will apply the current investment to accelerate product innovation and hire new
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform
What You Should Know:
- Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls.
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