What You Should Know:
Patient21, a Berlin, Germany-based digital health startup raises has successfully raised €100m ($108M) in Series C funding from investors Pitango, Target Global, Piton Capital, PICO Venture Partners , Bertelsmann Investments, and Artian Investments Limited.Founded in 2019, Patient21 provides mix of brick-and-mortar primary care clinics and a digital health platform for online booking, check-in and insurance.The company plans to use the
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Digital Health Executive Hires & Departures: Ed Marx Departure, Particle Health CEO, Rhapsody CFO, Others
Health IT veteran Ed Marx announces his departure as CEO at Divurgent to launch his advisory company, Marx Advisory focused on helping healthcare executives & organizations achieve objectives and key results.
Particle Health appointed Jason Prestinario as its next CEO, effective today. Troy Bannister, founder and current CEO, will continue with Particle as Chief Strategy Officer, where he will spearhead product innovation.
Rhapsody names Jeff Chiumiento as the company’s new
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Roundups: Tampa General, Henry Ford, PatientsLikeMe, Other Digital Health Partnerships
Tampa General Hospital Teams Up with Navina
Tampa General Hospital (TGH) partners with AI-powered platform Navina to bring its transformative AI the health system's primary care clinicians. Navina's AI takes large amounts of patient data, including information from labs, consult notes, imaging and more to help create a concise picture of a patient's health status that is instantly understandable and actionable. Clinicians using Navina's platform can quickly assess diagnoses and
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HealthSnap Secures $9M for Remote Patient Monitoring Platform
What You Should Know:
HealthSnap, a Miami-based remote patient monitoring platform for chronic disease management raises $9M in funding led by Asclepius Growth Capital, an SPV founded by David Jahns, a managing director of Galen Partners, and Steve Cashman, CEO of Caption Health and former CCO of InTouch Health, as well as new strategic investments from current business partners UnityPoint Health and Tampa General Hospital. Existing stockholders Florida Funders and MacDonald Ventures also
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Catalyst by Wellstar Launches $100M Digital Health Venture Fund
What You Should Know:
Catalyst by Wellstar, an innovation company and venture firm created by one of the largest health systems in Georgia launches a $100M digital health venture fund to shape the future of healthcare by creating better care and market value.The venture fund aims to make more than 50 direct investments in early-stage digital health startups, Pre-seed to Series A, over the next five years and invest indirectly in 150+ startups through limited partner investments with venture
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Healthcare Supply Chains Still in Survival Mode, Report Finds
What You Should Know:
Three years after COVID-19 was declared a public health emergency, many healthcare supply chain leaders and frontline professionals are operating in survival mode, according to new industry research from Deloitte Consulting LLP.Ongoing challenges include economic pressures, multiple resource shortages, data visibility and labor issues.
Key Findings
To gain greater insight into these impacts, Deloitte expanded its study by conducting site visits to healthcare
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LRVHealth Raises $200M Fund V Focused on Care Anywhere
What You Should Know:
Today, LRVHealth announced that it raised $200M in its fifth fund to accelerate its track record of driving transformational change in healthcare. In addition, the firm has expanded its team of healthcare operators and insiders to focus on a core investment strategy for this new fund that’s anchored around a central theme: Care Anywhere. The LRVHealth team has partnered with leading entrepreneurs and helped build many of the healthcare industry’s
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Adonis Secures $17M for Revenue Cycle Automation Platform
What You Should Know:
Adonis, an NYC-based revenue cycle intelligence and automation platform built for healthcare, today announced that it has raised $17.3M in Series A financing led by General Catalyst and existing investors Bling Capital, Max Ventures, and Homebrew. As part of the financing, Holly Maloney from General Catalyst will join the board of directors.Healthcare organizations on average are missing 10-15% of the revenue they expect to collect each year due to the operational
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Neura Health Raises $8M to Expand Virtual Neurology Clinic
What You Should Know:
Neura Health, a virtual neurology clinic, announced it has raised $8 million in seed funding to support its newly expanded go-to-market approach. With the funding, Neura will be able to move beyond the consumer market to bring the company’s neurology care offering to the enterprise sector, initially focusing on employers and health plans.Neura’s end-to-end solution offers those living with neurological conditions, starting with headaches and migraine, unlimited online
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Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare
What You Should Know:
Today, Hippocratic AI launched out of stealth to announce the first Large Language Model (LLM) designed specifically for healthcare, as well as a $50M seed round co-led by General Catalyst and Andreessen Horowitz.Co-founded by Munjal Shah and Meenesh Bhimani MD, Hippocratic AI is building the first LLM for healthcare, with an initial focus on non-diagnostic, patient-facing applications. It has outperformed existing language models (e.g. GPT-4) on 100+ healthcare tests
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