What You Should Know:
- Waymark, a San Francisco, CA-based Medicaid provider enablement company raises $42M in new financing to scale technology-enabled, community-based care for primary care providers and their patients enrolled in Medicaid programs. The round was led by Lux Capital and CVS Health Ventures joins as a new investor.
- Existing investors Andreessen Horowitz (a16z) and New Enterprise Associates (NEA) also participated in the round. The investment consists of $22M in
Read More
HIMSS Appoints New Chief Financial Officer & General Counsel
What You Should Know:
- HIMSS announced it has appointed Elizabeth Slater Jasper as general counsel, and Anne Tuzik as its new chief financial officer.
- Jasper comes to HIMSS after serving for 14 years as the chief legal officer, general counsel and corporate secretary for the National Service Office for Nurse-Family Partnership and Child First, an organization that oversees the national replication of maternal, infant and mental health evidence-based
Read More
InfoBionic Secures Funding to Expand Virtual Telemetry Solution
What You Should Know:
- InfoBionic, a digital health company focused on virtual telemetry and cardiac remote patient monitoring closes its Series D financing round. The series D funding round includes participation by Security International Investments (SII), Mayo Clinic and Excel Venture Management while distinguished existing investors like Blue Cross Blue Shield of MA (Zaffre Investments), Blue Cross Blue Shield of Kansas and Safeguard Scientifics remain actively involved.
- The
Read More
BARDA, Evidation Expand Partnership for Early Detection of Influenza-like Illness Using Wearables
What You Should Know:
- Evidation has been awarded a contract by the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services (HHS), to fund the 2023 Influenza-like Illness (ILI) Detect & Protect Studies.
- This contract will also fund research to expand and better understand the potential impact of Evidation’s FluSmart program to encourage protective
Read More
Ventricle Health Secures $8M to Accelerate Value-Based Home Care Model for Heart Failure
What You Should Know:
- Ventricle Health - a new national, virtual cardiology clinical reimagining cardiac care delivery - raises $8M in seed funding led by RA Capital and Waterline Ventures.
- This company will used the seed funding to expand Ventricle Health’s heart failure management therapeutic model in collaboration with value-based care provider groups and payers, which can reduce the overall average annual cost of heart failure care by at least 30-50%.
Virtual
Read More
HeartX Accelerator Announces 5 Startups for 2023 Program
What You Should Know:
- HeartX, a digital health accelerator powered by HealthTech Arkansas and MedAxiom along with eleven leading cardiology practices in Arkansas and around the country — has selected the five healthcare companies that will participate in the 2023 accelerator program.
- HeartX is a cardiovascular-focused healthcare accelerator that facilitates guaranteed hospital pilot projects and clinical trials for accomplished, early-stage companies bringing new cardiovascular
Read More
M&A: OptimizeRx to Acquire Medicx Health for $95M
What You Should Know:
OptimizeRx, a provider of healthcare technology solutions announced it has signed an agreement to acquire Scottsdale, Arizona-based Healthy Offers, Inc., dba Medicx Health, a healthcare consumer-focused omnichannel marketing and analytics company.
- OptimizeRx will acquire Medicx for $95M, and certain members of Medicx’s management plan to invest approximately $10.5M of their proceeds into the Company’s common stock. The cash component of the acquisition is
Read More
Prevounce Health Closes $7M to Scale Remote Care Management Solutions
What You Should Know:
- Prevounce Health, a provider of remote care management software, devices, and services closes $2.5M in new Series A funding led by Cloud Hill Partners and Michael Hammond, former co-founder of Hammond Hanlon Camp LLC and H2C Securities, with participation from additional returning investors.
- The company has now raised $7M in total Series A funding and will use the Series A funding to advance its product and service offerings and scale its team to meet growing
Read More
KLAS Unveils 2023 Top 20 Emerging Solutions
What You Should Know:
KLAS Research presented the 2023 KLAS Top 20 Emerging Solutions awards at HLTH 2023, highlighting the top 20 emerging healthcare solutions with the greatest potential to disrupt and improve healthcare. Selected by healthcare leaders working with KLAS, the solutions were rated on how well they could advance the “Quadruple Aim of Healthcare” – improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician
Read More
Capital Rx Closes $50M to Expand Pharmacy Benefits Administration Platform
What You Should Know:
- Capital Rx, an NYC-based full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) raised $50M with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai’i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, and WellSpan Health, among others, as well as
Read More
