What You Should Know:
- Ounce, a company bridging the gap between health and housing has raised a $5.2M seed round co-led by Meridian Street Capital and Flare Capital Partners with participation from Chelsea Clinton’s Metrodora Ventures Wilshire Lane Capital, Chris Nassetta (Hilton CEO), Taylor Justice (Unite Us cofounder), and others.
- Ounce Community Health Workers (CHW) currently serve more than 2,000 D.C. residents, helping them enroll in Medicaid, apply for energy assistance,
Read More
Medable & Pluto Health Partner to Increase Patient Access to Clinical Trials
What You Should Know:
- Medable Inc., a technology provider for modern clinical trials forms an enterprise partnership with Pluto Health, a smart care coordination services company.
- The partnership brings together two best-in-class technology solutions in healthcare to streamline clinical trial execution, improve data quality in trials, and enhance the patient experience from study start and long after the trial is over.
Optimize Patient Experience and Improve Access
Read More
7wireVentures Launches $217M Growth & Opportunity Fund to Support Later-Stage Digital Health Investments
What You Should Know:
- 7wireVentures, one of the country’s leading digital health venture capital firms, today announced the successful completion of a $217 million Growth & Opportunity “GO” Fund, its largest to date.
- The new venture fund will support later-stage digital health investments in high-potential companies from existing portfolios as well as new opportunities. The closing of the $217M GO Fund brings the Firm’s assets under management (AUM) to over $500M.
GO
Read More
M&A: AHIMA Acquires HCPro
What You Should Know:
- The American Health Information Management Association (AHIMA) today announced that it acquired HCPro and its associated brands from Simplify Compliance. The strategic acquisition broadens the reach of both organizations.
- AHIMA will operate HCPro as a for-profit, wholly-owned subsidiary, enabling the organization to remain focused on caring for its clients.
HCPro Background
HCPro is an industry leader in integrated information,
Read More
Veradigm Invests $30M in Behavioral Health Co. Holmusk
What You Should Know:
- Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced it has made a $30M strategic investment in Holmusk, a global behavioral health real-world evidence company. The strategic investment builds on the strengths of each company to fuel innovation in behavioral health and create the evidence needed to move the field forward.
- In this new phase of the collaboration, cohorts of millions of behavioral
Read More
Anumana Receives FDA Clearance for ECG-AI Algorithm to Detect Low Ejection Fraction
What You Should Know:
Today, Anumana, a nference portfolio company working in collaboration with Mayo Clinic, announced it has received its first 510(k) clearance from the U.S. FDA for its ECG-AI LEF algorithm.
- ECG-AI LEF is Anumana’s artificial intelligence (AI)-powered algorithm to detect low left ventricular ejection fraction, a significant early indicator of heart failure.
Anumana’s ECG-AI LEF Background
Developed in partnership with Mayo Clinic, Anumana’s
Read More
Report: Hospital Financial Performance Stabilizing in 2023
What You Should Know:
- Hospital financial performance has stabilized in 2023 compared to last year, according to the latest National Hospital Flash Report from Kaufman Hall.
- The latest Hospital Flash Report finds the median calendar year-to-date (CYTD) operating margin index for hospitals was 1.1% in August, up from 0.9% in July. Margins are still below historical levels, though positive margins are becoming more frequent in 2023.
Some Relief for Hospitals Amid Inflationary
Read More
Mayo Clinic, Phenomix Awarded First Patent for Obesity Phenotyping
What You Should Know:
- Phenomix Sciences, a precision medicine biotechnology company that brings data-driven precision medicine to obesity treatment, announced it has been awarded the first patent related to its obesity phenotyping technology.
- The patent (No. 11,740,247, titled “Methods and Materials for Assessing and Treating Obesity”) covers methods for treating obesity by identifying phenotypes through obesity analyte signatures and administering interventions, such
Read More
Wheel Launches Next-Gen Virtual Care Platform
What You Should Know:
- Wheel, an Austin, TX-based virtual care platform empowering companies to deliver consumer-centric care, announced the next generation of its virtual care platform to help enterprise organizations build seamless care experiences.
- Wheel enables enterprise organizations looking to grow their virtual care offering, drive engagement and loyalty, and deliver high-quality virtual care at scale. In just three years, the company has delivered care to over four
Read More
M&A: Tendo Acquires MDsave for $150M
What You Should Know:
- Tendo, a digital health company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers announced it has acquired MDsave, a leading healthcare marketplace that democratizes care access for all for $150M
- The strategic acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one
Read More
