What You Should Know:
- Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced raises $106M in a Series C round to end drug price distortion. The Series C round was led by B Capital with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners, bringing the total amount raised to $175M.
- Capital Rx will continue to invest in the technology backbone for claims processing and benefit
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Elation Health and Dock Health Partner Optimize Clinical Operations
What You Should Know:
- Primary care EHR provider Elation Health and provider workflow management platform provider Dock Health announced an integration to significantly improve task management for already burnt-out providers.
- More than 23,000 clinicians across Elation’s growing community can now fully leverage Dock for managing administrative tasks that complete healthcare faster, decreasing the administrative burden and empowering physicians with greater time for
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athenahealth Integrates with Withings to Deliver Seamless RPM for Physicians & Patients
What You Should Know:
- Withings Health Solutions partners with athenahealth through the company’s Marketplace program to simplify the remote patient monitoring experience for both physicians and patients.
- As part of the athenahealth Marketplace, Withings RPM will now be available to athenahealth’s growing network of healthcare providers delivering a patient-focused remote patient monitoring experience.
Integration Benefits for Physicians & Patients
With this
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Nava Benefits Nabs $40M to Bring F500 Healthcare Benefits Downstream
TytoCare & Carilion Clinic Partner to Expand Telehealth Offerings
What You Should Know:
- TytoCare has partnered with Carilion Clinic, a not-for-profit health care organization serving Virginia’s Blue Ridge and Southwest Virginia regions.
- The integration of TytoCare into Carilion’s current virtual care offerings enhances the health system’s ability to diagnose and treat patients remotely with in-depth, physical examinations during virtual visits.
Shortage of Primary Care Physicians in Rural Communities
Rural
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AI for Behavioral Health Gets Boost With Ontrak-Eleos Partnership
What You Should Know:
- Eleos Health, a behavioral health tech company and Ontrak Health (NASDAQ: OTRK), a healthcare company are teaming up to integrate their respective AI platforms to support behavioral health care for Ontrak’s members.- Ontrak specializes in serving the most vulnerable members of the behavioral health population who would otherwise fall through the cracks of the healthcare system. Eleos integration equips Ontrak’s behavioral health providers with greater insights into
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Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment
What You Should Know:
Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment raises $50M in Series B funding led by InterAlpen Partners, bringing the company’s total funds raised to $83 million. Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures, and City Light Capital.
Evidence-based, online suboxone treatment for opioid addiction
Founded in 2017, Bicycle Health provides confidential, convenient and
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M&A: Bain Capital Acquires Majority Stake in LeanTaaS
What You Should Know:
- Private equity firm Bain Capital has acquired a majority stake in the company in LeanTaaS, a leading provider of cloud software solutions for optimizing hospital operations and capacity management that will enable LeanTaaS to accelerate its rapid growth trajectory.
- LeanTaaS’ cloud-based iQueue solutions help hospitals transform their approach to care delivery and improve capital and scarce resource decision-making by optimizing the utilization of
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Insilico Medicine Raises $60M, Launches AI-powered Drug Discovery Robotics Laboratory
What You Should Know:
- Insilico Medicine, an NYC-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company raises $60 million in Series D financing from a syndicate of global investors with expertise in investing in the biopharmaceutical and life sciences sectors.
- Insilico is also launching a new state-of-the-art robotics lab and fully robotic biological data factory. They have seen a string of successes thus far in 2022, including the
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Scaling-Up Inclusive Healthcare Initiatives in Low- and Middle-Income Countries
Non-communicable diseases (NCDs) are on the rise in low- and middle-income countries (LMICs), increasing the financial and health burden affecting these vulnerable populations. To reverse this trend will require not only resources, but also new business models for LMICs that can overcome the barriers patients face to receiving care, such as unaffordable, unavailable, or inaccessible healthcare services and treatments, and limited awareness of disease and preventative care.
Over the past
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