What You Should Know:
- b.well Connected Health, a leading platform provider for connected healthcare ecosystems raises $40M in Series C funding led by Leavitt Equity Partners.
- b.well’s FHIR-based platform empowers healthcare organizations to create a unified experience for consumers, allowing them to manage their health information, receive valuable insights, and access care services conveniently.
Expansion Plans
This Series C funding round further fuels b.well's mission to
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Alamar Biosciences Raises $128M to Accelerate Proteomics Platform
What You Should Know:
- Alamar Biosciences, a leader in precision proteomics for early disease detection raises $100M in Series C round, with an additional $28M expected within the next 30 days. This brings their total funding to nearly $250M.
- The Series C funding round was led by led by Sands Capital, with participation from new and existing investors, including both financial and strategic partners. Ian Ratcliffe, Executive Managing Partner at Sands Capital, has joined Alamar's Board
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Hello Heart Appoints Assaf Ohana as its First Chief Product Officer
What You Should Know:
- Hello Heart, a provider of innovative digital health solutions appoints Assaf Ohana as its inaugural Chief Product Officer.
- Prior to joining Hello Heart, Ohana served as Chief Product Officer at ActiveFence and Alto Pharmacy, where he played instrumental roles in developing cutting-edge products aimed at improving healthcare accessibility and efficiency. His extensive background in product leadership includes notable tenures at Instacart and Upwork, where he
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Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System
What You Should Know:
- Abridge, the leading force in generative AI for clinical documentation, announced today a staggering $150 million Series C funding round led by Lightspeed Venture Partners. The funding also includes participation from new and existing investors like Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and
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Only 37% of Medical Practices Receive Value-Based Care Payments, Black Book Survey Reveals
What You Should Know:
- While the shift towards value-based care (VBC) is underway, a recent Black Book survey reveals that only 37% of medical practices are currently receiving payments from upside-risk arrangements and shared savings, while 12% receive payments from full risk.
- This leaves a significant portion, over 50%, still relying on traditional Fee-For-Service models.
Healthcare Providers Seek Guidance in VBC Transition
The survey also highlights the increasing demand for
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DarioHealth Acquires Twill for $10M, Creating a Comprehensive Digital Health Platform for Chronic Conditions
What You Should Know:
- DarioHealth Corp. (Nasdaq: DRIO) announced the acquisition of Twill, Inc., a leader in digital-led chronic care management, in a move that positions Dario as a major player in the digital health market.
- This strategic acquisition will create a comprehensive platform addressing a wide spectrum of chronic conditions, from emotional health to diabetes and heart disease.
Acquisition Financial Terms
Under financial terms, Dario paid $10 million in cash and issued
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Amwell Appoints Cynthia Horner, M.D. as Chief Medical Officer
What You Should Know:
- Amwell, a provider of hybrid care enablement solutions, has appointed Cynthia Horner, M.D., FAAFP, as its Chief Medical Officer.
- Dr. Horner will also assume the role of President of Amwell Medical Group (AMG), the company's clinical partner and a nationwide network of virtual care clinicians exclusively on the Amwell platform.
Shaping Amwell’s Product Strategy
In her new dual role, Dr. Horner will collaborate with hospital systems and payers to implement
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Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage
What You Should Know:
- Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M.
- This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions.
Optimizing Care Delivery and Reducing
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Remodel Health Acquires PeopleKeep: Revolutionizing ICHRAs for Employers
What You Should Know:
- Remodel Health announced today the acquisition of PeopleKeep, a leading provider of Individual Coverage Health Reimbursement Arrangements (ICHRAs). Financial details of the acquisition were not disclosed.
- The acquisition marks a new era in employee health benefits. By combining industry-leading expertise, diverse solutions, and a commitment to personalized service, Remodel Health is positioned to revolutionize the way SMBs approach employee health and
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XiFin Appoints Erik Sallee as Chief Financial Officer & EVP
What You Should Know:
- XiFin, Inc., a pioneering force in healthcare information technologies, has announced the appointment of Erik Sallee as its new Chief Financial Officer (CFO) and Executive Vice President.
- With a wealth of experience in finance and a track record of success in leading organizations through transformative growth phases, Sallee's arrival marks a significant milestone for XiFin as it charts its course towards enhanced operational efficiency and market
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