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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Invitae Launches Genomics-Forward Digital Health Platform
What You Should Know:
- Invitae launches a seamless digital platform to enhance patient and provider experiences and further bring genetics to mainstream medicine.
- Offering seamless integrations with EHR solutions, Invitae Digital Health will provide healthcare systems with a customizable suite of tools in a single, intuitive platform.
Invitae, a San Francisco, CA, based medical genetics company, announced the launch of Invitae Digital Health—a connected
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LetsGetChecked Acquires Veritas Genetics To Leverage Whole Genome Sequencing
What You Should Know:
- Healthcare solutions company LetsGetChecked, today announced the acquisition of genomics pioneer Veritas Genetics and Veritas Intercontinental.
- Through these acquisitions, LetsGetChecked will leverage the power of whole-genome sequencing to launch a full lifecycle of personalized healthcare, delivering the most comprehensive health testing and care solution on the market.
LetsGetChecked, a leading healthcare solutions company acquires Veritas Genetics Inc.
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ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform
What You Should Know:
- ConcertAI, LLC (ConcertAI), the leader in enterprise AI and real-world data (RWD) solutions for life sciences and healthcare, announced the close of its $150M in Series C led by Sixth Street at a $1.9B valuation.
- From its startup just five years ago, ConcertAI has emerged as one of the fastest-growing companies providing high-value software-as-a-service (SaaS) and data solutions to life sciences and biopharma companies, leading healthcare providers, contract
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Revenue Cycle Management Company nThrive Rebrands as FinThrive
What You Should Know:
- Healthcare revenue cycle management platform provider nThrive today announced it has rebranded, FinThrive™, which will be formally launched through a pending rebrand.
The new name signals the Company’s intention to break the cycle of inefficiency associated with traditional RCM technologies, while designing a modern software approach that empowers stakeholders across healthcare’s financial ecosystem.
FinThrive Focus
As FinThrive, the company will
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LG Launches LA Business Innovation Center for Medical Environments
What You Should Know:
- LG Business Solutions USA has opened its new Los Angeles Business Innovation Center, the first comprehensive LG technology and education hub to focus on commercial displays and devices designed for medical environments, led by LG’s diagnostic and clinical review monitors, digital X-ray detectors and smart hospital TVs.
- The new Los Angeles Business Innovation Center is LG’s third in the United States (the others being in Chicago and Atlanta). They serve as
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Health Plan Invests $100M to Introduce Real-Time Claims Payments for Providers
What You Should Know:
- CalOptima will be the first health plan to introduce ‘real-time claims payments’ permanently for providers as part of this historic $100+ million investment in the safety net in Southern California.
- Board also approves $100 million in technology to improve health care delivery and $8 million to launch a Street Medicine Program.
CalOptima, a publicly funded health care coverage for low-income children, adults, seniors and people with disabilities in Orange
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RedDress Donates FDA-Cleared Wound Care Solution to Aid Injured Ukrainians
What You Should Know:
- RedDress, a Florida-based Israeli medical company is shipping revolutionary blood-clotting wound care systems to Ukraine to help with serious injuries and severe trauma wounds.
- RedDress began shipments of 400 of their ActiGraft systems this week to multiple hospitals in Ukraine to help treat civilian casualties as a result of the indiscriminate Russian attacks.
ActiGraft: Recreating the
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COTA Promotes Miruna Sasu to President and CEO
What You Should Know:
- COTA, Inc., an oncology real-world data and analytics company, announced today that Miruna Sasu, Ph.D., MBA, has been appointed president and chief executive officer.
- Since April 2021 when she was hired as the company’s chief strategy officer, Miruna has helped spearhead a series of research collaborations focused on investigating racial disparities in cancer care and the drug development process, including partnerships with the University of Chicago
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