What You Should Know:
AmerisourceBergen (AB), a global healthcare company, has announced a strategic partnership with SteadyMD, a B2B telehealth infrastructure provider for the co-creation of a telehealth solution focused on Test to Treat opportunities. The solution is being offered as a pilot to independent community pharmacies across the US.In addition to the commercial partnership, AmerisourceBergen has also made a minority investment in SteadyMD through its venture fund AB Health
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Patient Square Capital Forms Elevage Medical Technologies to Partner with Growth-Stage Medical Device Companies
What You Should Know:
Healthcare investment firm Patient Square Capital ("Patient Square") forms Elevage Medical Technologies ("Elevage"), a new portfolio company to support the growth of promising medical device companies by providing capital and deep strategic expertise.
Elevage will deliver financial and strategic growth support to a broad set of medical device technology companies that are at the forefront of transforming health care through cutting-edge devices that enhance health
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Healthy.io Secures $50M to Expand Smartphone Kidney Test
What You Should Know:
Healthy.io, the global leader in transforming the smartphone camera into a clinical-grade device, raises $50M in a Series D funding round led by Schusterman Family Investments and is joined by Aleph and other existing shareholders. This investment, together with a previously unannounced $45 million February 2022 investment, comprises the company’s Series D.The Series D round will support Healthy.io’s expansion across the U.S. market, where Minuteful Kidney™, the
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Cowen Healthcare Raises $556M Fund to Invest in Life Sciences Companies
What You Should Know:
Cowen Healthcare Investments announced the successful close of Cowen Healthcare Investments IV ("CHI IV" or the "Fund") with total committed capital of $555.6M. CHI IV will invest primarily in mid to late-stage life sciences opportunities.Led by Kevin Raidy, Tim Anderson, and Robert Sine, Cowen Healthcare Investments supports innovation in the healthcare sectors, with a particular focus on biopharma, diagnostics, and digital health.Since its founding in 2012, the CHI
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Kinnos Secures $15M to Expand Colorizing Disinfection Platform
What You Should Know:
Kinnos, the maker of Highlight®, a novel technology that colorizes disinfectants raises $15M led by a group of current and former industry leaders. The company also named healthcare veteran Steve Fanning as Chief Executive Officer and a member of the Board of Directors.Founded during the Ebola outbreak in West Africa, Kinnos is pioneering ways to more optimally employ proven disinfectants for a safer healing environment amidst a rising tide of infections globally.This
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CareSource Invests $1M in Virtual Rehab Augment Therapy
What You Should Know:
CareSource, a nonprofit managed care organization, today announced a $1M investment in Augment Therapy, a digital health company enhancing rehabilitative healthcare and exercise through immersive and gamified technology.The investment builds on CareSource and Augment Therapy’s pilot program at four locations in Ohio to research and showcase how access to Augment Therapy encourages children, and adults of all ages to exercise more and to get the most out of physical
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M&A: VMG Health Acquires BSM Consulting
What You Should Know:
VMG Health, a full-service healthcare strategy and transaction advisory firm acquires BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). NCP invested in VMG Health in March 2020.Founded in 1978 by Bruce Maller, BSM Consulting provides practice management consulting and compliance expertise to clients in ophthalmology and medical
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M&A: eVisit Acquires Bluestream Health
What You Should Know:
- eVisit, a virtual care operating platform for health systems and large, complex healthcare delivery organizations acquires Bluestream Health, a digital front door and virtual care workflow solution that manages patient and provider interactions throughout the care delivery process.
- Financial terms of the acquisition were not disclosed.
Acquisition Brings Virtual care to Patients
eVisit augments its highly innovative capabilities with complementary digital
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10 Critical KPIs Every Successful Healthcare Organization is Implementing
Contract Logix white paper reveals the top 10 most important contract management KPIs and how to maximize their impact
It's critical for every healthcare organization to monitor and optimize its contracts and contracting processes using key performance indicators (KPIs). But how do you determine which KPIs are the most important to your business and how do you harness the data required to benchmark and track them?
By benchmarking and tracking these KPIs in your healthcare organization, you
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Quest Diagnostics Acquires Haystack Oncology for $300M in Cash
What You Should Know:
Quest Diagnostics has reached an agreement to acquire Haystack Oncology an early-stage oncology company focused on minimal residual disease (MRD) testing to aid in the early, accurate detection of residual or recurring cancer and better inform therapy decisionsUnder the terms of the agreement, Quest will pay $300 million in cash at closing, net of cash acquired, and up to an additional $150 million on achieving future performance
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