What You Should Know:
- The digital health industry is at a critical juncture, facing both challenges and opportunities as it navigates a shifting financial landscape and prepares for growth in 2025.
- A new report, “Digital Health Go-to-Market Report” from Summit Health Advisors, based on a survey of 103 senior leaders in the digital health sector, provides valuable insights into the current state and future outlook of the industry.
Digital Health Investment Landscape
The
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SailPoint Acquires Imprivata’s IGA Business
What You Should Know:
- SailPoint, a leader in identity security has acquired Imprivata's Identity Governance and Administration (IGA) business, expanding its portfolio of solutions for healthcare organizations.
- In addition, SailPoint and Imprivata will collaborate as strategic partners in the healthcare market, offering integrated identity security and access management solutions.
Support for Imprivata IGA Customers
As part of the acquisition, Imprivata will promote
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Promise of Value-Based Care Through Engagement and Outreach
The transformation of the healthcare landscape is undeniable. With the industry moving toward value-based care, the emphasis has shifted from volume of services to the actual value or outcome of care delivered. And while value-based care holds providers more accountable for results, it also grants resources and time to provide better, more patient-centric care.
But even years into the shift, no comprehensive guidebook for success remains. While providers are rewarded for higher-quality
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Zocdoc Report Reveals 2024 Insights into Patient Preferences and Behaviors
What You Should Know:
- Zocdoc, a healthcare marketplace connecting patients with providers, has released its second annual "What Patients Want: 2024 Insights into Patient Preferences and Behaviors" report, providing valuable insights into patient preferences and behaviors in 2024.
- The report analyzes millions of interactions on the Zocdoc platform to identify key trends shaping the healthcare landscape.
Social Media's Influence on Healthcare
The report highlights
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SpinSci Secures $53M for AI-Enhanced Patient Engagement
What You Should Know:
- SpinSci, a healthcare technology company specializing in AI-powered patient engagement solutions secures $53M majority investment from Aldrich Capital Partners.
- The company plans to use the funding to accelerate SpinSci's growth and innovation in delivering seamless digital experiences for healthcare providers and patients.
Comprehensive Patient Journey Support
SpinSci has disrupted the healthcare industry by delivering AI-driven solutions that
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1m Secures $10M to Transform Risk Management in Healthcare
What You Should Know:
- 1m, a data and analytics technology company focused on healthcare risk management, has announced a $10 million Series A financing round led by Banner Health, with participation from prominent healthcare organizations like Cleveland Clinic and Stanford Health Care.
- This investment will accelerate 1m's mission to empower healthcare systems with advanced risk management solutions.
Addressing the Complexities of Healthcare Risk
Healthcare providers
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CoachCare Raises $11M for Virtual Care Management
- CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions secures $11M investment from Catalyst Investors, a growth equity firm specializing in technology-enabled services. This latest funding follows a successful year of growth for CoachCare, bringing its total capital raised in 2024 to over $110M.
- In connection with the Catalyst Investors transaction, Kapil Desai has joined CoachCare's Board of Directors. Additionally, Elias Davis, who recently
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Redesign Health Secures $175M to Launch and Scale Healthcare Companies
What You Should Know:
- Redesign Health, a venture builder in the healthcare space, has announced a $175M investment for a new fund dedicated to launching and scaling transformative healthcare companies.
- The significant investment, with participation from prominent investors like Declaration Partners and Euclidean Capital, will further solidify Redesign Health's position as a driving force in healthcare innovation.
- The new funding will enable Redesign Health to support
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Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO
What You Should Know:
- Pleno, an innovative multi-omics diagnostics company, announced it has raised $25M in Series B funding and appointed Dr. Vik Vaz as its new Chief Executive Officer (CEO). Key investors Deerfield Management, Foresite Capital and Medical Excellence Capital remain committed to supporting the next phase of the company’s growth strategy.
- Dr. Vaz, a seasoned leader with extensive experience in the life sciences and medical technology sectors, will guide
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LiveFreely Acquires Sompo Horizon to Expand AI-Powered Caregiving
What You Should Know:
- LiveFreely Inc., a digital health technology company focused on empowering seniors and their caregivers, has acquired Sompo Horizon, a caregiving benefits provider and subsidiary of Sompo Holdings.
- The strategic acquisition will enable LiveFreely to expand its reach and enhance its platform with integrated caregiving solutions.
Enhancing the Circle of Care
LiveFreely's flagship product, the BUDDY application, provides seniors with an AI-powered
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