What You Should Know:
- HarmonyCares, a provider of value-based in-home longitudinal care, raises $200M to make its integrated, physician-led in-home care model available to more vulnerable patients nationwide.
- The funding round, led by General Catalyst, McKesson Ventures, and a large national payer, underscores the critical need to address the primary care access gap in the United States.
Addressing the Primary Care Gap for Vulnerable Populations
A recent survey
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SAIGroup Acquires Get Well to Power Personalized Care with AI
What You Should Know:
- Enterprise AI investment firm SAIGroup announced today the acquisition of Get Well, a leader in digital patient engagement.
- Get Well currently facilitates over 10 million patient interactions annually across more than 1,000 healthcare organizations. Financial details of the acquisition were not disclosed.
Aligning with AI Leaders in Healthcare
This acquisition strengthens SAIGroup's presence in the AI-powered healthcare landscape. Get Well joins
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Octagos Health Secures $43M to Power AI-Driven Cardiac Care
What You Should Know:
- Octagos Health, a provider of AI-powered cardiac device monitoring solutions raises $43M in Series B funding led by funds managed by Morgan Stanley Expansion Capital with continued participation from Mucker Capital and other strategic investors.
- The investment fuels Octagos Health's mission to leverage artificial intelligence for transformative cardiac care and comprehensive patient monitoring.
AI-Powered Cardica Care
Octagos Health offers a
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Courier Health Raises $16.5M for First Patient CRM for Biopharma
What You Should Know:
- Courier Health, a technology company transforming patient experiences in the life sciences industry raises $16.5M in Series A funding led by Norwest Venture Partners with participation from existing investor Work-Bench.
- The investment fuels Courier Health's mission to provide biopharma companies with the tools to manage and personalize the patient journey for life-altering therapies.
Addressing the Rise of Specialty Medicines
The landscape of
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Digital Health Funding Surges TO $5.7B in Early 2024 Despite Market Jitters, Rock Health Reports
What You Should Know:
- The digital health industry is showing signs of strength despite recent economic uncertainties, according to Rock Health’s latest H1 report.
- U.S. digital health startups raised a significant amount in the first half of 2024 ($5.7B), with the potential to exceed full-year totals from 2019 and 2023. This growth is fueled by strong Series A activity, with a median deal size of $15M, indicating larger investments for early-stage companies.
Here's a breakdown
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KLAS: Healthcare Organizations Prioritize EHR Initiatives Despite Fewer Purchases in 2023
What You Should Know:
- Healthcare organizations worldwide continue to prioritize implementing Electronic Health Record (EHR) systems, according to a new report by KLAS. While the total number of finalized EHR purchases in 2023 dipped slightly below the average for recent years, the number of hospitals impacted by these decisions reached a five-year high due to several large regional contracts.
- Government initiatives in Asia and Latin America are expected to fuel future EHR
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M&A: HHAeXchange Acquires Generations Homecare System
What You Should Know:
- HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.
- Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange's position as a frontrunner in the homecare technology space.
A Growing Market Demands Innovation
The homecare industry
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Teladoc Health Announces Executive Leadership Change
What You Should Know:
- Teladoc Health, Inc. has announced a significant change in its executive leadership structure. Laizer Kornwasser, President of Enterprise Growth and Global Markets, has been terminated without cause as part of a reorganization of the company’s executive reporting structure. This change will take effect on July 1, 2024.
- Mr. Kornwasser, who has been with Teladoc since October 24, 2022, will remain with the company in an advisory capacity to the Chief Executive
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Walmart Seeks Buyers for Shuttered Health Clinics After Failed Expansion
What You Should Know:
- Retail giant Walmart is reportedly shopping around a potential sale of its recently closed health centers, according to a recent Fortune report citing unnamed sources.
- The news comes just a few months after Walmart announced the closure of all 51 of its health clinics in late April.
Financial Losses Prompt Sale
The report claims Walmart has held talks with health insurance companies, including Humana, with the goal of recouping some of the
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Pangea Biomed’s ENLIGHT-DP Predicts Cancer Treatment Response from Simple Scans
What You Should Know:
- Pangea Biomed, a leader in precision oncology, announced a significant breakthrough in its ENLIGHT cancer response predictor. A new study published in Nature Cancer demonstrates the effectiveness of their ENLIGHT-DP platform, revealing its ability to predict cancer treatment response across various types and drugs using only routine pathology slides.
- While these findings are promising, further validation and testing are planned for regulatory
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