What You Should Know:
- Rock Health report reveals Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M.
- Q1 2022 digital health funding was significantly behind Q4 2021’s $7.3B and the trailing twelve month quarterly average of $7.1B.
Digital health funding reached a total of $6B in Q1 2022 across 183 deals, and an average deal size of $32.8M, according to Rock Health, a full-service venture fund
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Clarify Health Secures $150M for Value-Based Payments Platform
What You Should Know:
- Clarify Health, a cloud analytics and value-based payments platform company, announced today that it secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital, and Sigmas Group.
- This newest round of funding comes on the heels of the
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MemorialCare Taps TytoCare to Offer Virtual Exam Kits for Enhanced Telehealth
What You Should Know:
- TytoCare, a provider of AI-powered, on-demand, remote medical exams has inked a partnership with MemorialCare, a health system in Orange and Los Angeles Counties, to bring patients diverse telehealth options and allow them to pursue comprehensive primary care options from home.
- The integration of the TytoCare solution into MemorialCare’s current telehealth appointments enhances the health system’s ability
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Dental AI Startup VideaHealth Nabs $20M to Expand AI-Based Diagnostics
What You Should Know:
- VideaHealth, a dental diagnostic AI solution raises $20M in Series A funding led by Spark Capital including existing investors Zetta Venture Partners. Pillar VC also contributed to the round, bringing the company to $26.4M to date.
- The company will use the financing to expand its groundbreaking AI-based diagnostics capabilities to over 6000 dental practices by the end of 2023.
Transforming Dentistry Through AI
Today, more than 40% of dental
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Jeenie Raises $9.3M for On-Demand, Medical Interpreter Platform
What You Should Know:
- Jeenie, an industry-transforming virtual interpreting platform that connects clinicians and patients to live interpreters on-demand raises $9.3M in Series A funding led by Transformation Capital.
- Jeenie is a virtual interpreting platform that connects users to a video or audio call with live, qualified interpreters in 300+ languages for on-demand language assistance, 24/7. Jeenie’s interpreters are accessible through the Jeenie platform from any smartphone,
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PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+
What You Should Know:
- Thomas H. Lee Partners, a premier private equity firm investing in growth companies, announced today that it has entered into an agreement to acquire a majority interest in Intelligent Medical Objects, a healthcare data enablement company and market leader in clinical terminology solutions in a $1.5B + deal.
- Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over
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Reema Health Secures $8M for Personalized, Community-Based Health Platform
What You Should Know:
- Reema Health, a Minneapolis, MN-based community-based health technology platform raises $8M in seed funding led by MaC Venture Capital and DNA Capital. Combined with a previous $1.25 million pre-seed round and earlier preliminary investments, Reema’s has raised over $10 million to date.
- Reema uses technology to power human relationships with the goal of improving health outcomes for people who are hardest to reach. Reema’s breakthrough health
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Nurse-1-1 Raises $2.3M to Expand Conversational Marketing for Healthcare
What You Should Know:
- Nurse-1-1, the first conversational marketing company for healthcare raises $2.3M in seed funding round led by Argon Ventures with participation from York IE and Hyperplane.
- The company will use the financing to expand its team, accelerate its go-to-market efforts, and scale its current partnerships with publicly traded and nationwide digital health, at-home testing, and pharma companies.
Nationwide Nurse Work
Through a
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VivoSense Raises $25M for Wearable Sensor Biomarkers to Advance Clinical Trials
What You Should Know:
- VivoSense, an agile end-to-end scientific solutions company developing novel digital endpoints from wearable sensor data raises $25 Million in Series A funding.
- The financing will accelerate the development of novel digital biomarkers and improve digital clinical outcome assessments. VivoSense will also use this financing to expand and refine its informatics platform for data analysis from wearable and connected technologies to deliver validated digital
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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B
What You Should Know:
- UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share).
- The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home.
Extend Value-Based Care into Patients’ Homes
The combination of LHC Group with Optum Health, which works
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