What You Should Know:
Virtual care TytoCare secures $49M in additional growth funding for their Series D round led by global software investor Insight Partners, which also led TytoCare’s previous round. Notably, the round includes new investors, including MemorialCare — a leading California health system — as well as two major pension funds, Healthcare of Ontario Pension Plan (HOOPP) and Clal. This investment brings their total funding to $205M. The virtual care company will
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Uptiv Health Launches Hybrid Infusion Care Experience with $7.5M
What You Should Know:
Uptiv Health announced the launch of a new hybrid infusion care experience, providing a holistic approach to care that includes personalized in-person care and extends beyond the infusion center to support patients and improve outcomes via a consumer-friendly digital platform.Uptiv was built at Redesign Health by Torben Nielsen and the founding team and has raised $7.5 million in seed funding. Uptiv will use this funding to expand its services and into additional
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RCM: Cedar, Google Cloud Partner to Gen AI Tools to Improve Healthcare Billing for Patients
What You Should Know:
Cedar, an enterprise financial engagement platform that improves the end-to-end journey for consumers announced a strategic collaboration with Google Cloud.
As part of the collaboration, Cedar will be using Google Cloud’s generative AI tools, including Vertex AI, Generative AI App Builder and others to build solutions that will assist patients in understanding and resolving their healthcare bills.
Generative AI Tools to Improve Patient Financial
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Geisinger Taps Bodyport to Launch Remote Heart Failure Monitoring Program
What You Should Know:
Geisinger, an integrated health care delivery and coverage organization serving members in central and northeastern Pennsylvania forms a strategic collaboration with Bodyport, a virtual care company focused on heart failure to launch remote heart failure monitoring program. Together, Geisinger and Bodypart will develop and implement a fluid-guided care pathway for heart failure. The pathway will augment Geisinger’s existing remote heart failure management
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Duke Health, Microsoft Form 5-Year Generative AI Partnership, Creates AI Innovation Lab
What You Should Know:
Duke Health forms a strategic five-year, innovative partnership with Microsoft aimed at responsibly and ethically harnessing the potential of generative artificial intelligence (AI) and cloud technology to transform the healthcare landscape. The strategic partnership will usher in a new era of innovation, including the creation of a Duke Health AI Innovation Lab and Center of Excellence.As part of the strategic partnership, Microsoft will equip Duke with state-of-the-art
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Steve Jobs’ Son Launches $200M Fund to Fight Against Cancer
What You Should Know:
Reed Jobs - the son of Steve Jobs today announced the launch of his new venture capital (VC) investment fund, Yosemite, spun out from Emerson Collective Health with an oversubscribed $200M+ first close.Yosemite aims to meaningfully accelerate the technology, treatments, and standard of care that have the power to improve the health and lives of cancer patients.Composed of the Emerson Health team, Yosemite’s unique model provides no-strings-attached
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M&A: Marathon Health Acquires Cerner Workforce Health Solutions Clinics
What You Should Know:
Marathon Health, a provider of direct primary care for employers, today announced the acquisition of Cerner Workforce Health Solutions (WHS), a group of dedicated onsite and near-site health clinics.The strategic acquisition will expand Marathon’s footprint, accelerating the reach of its unique population health model to more employers, locations and members. Financial details of the acquisition were not disclosed.
WHS Acquisition Impact for Marathon
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Augmedics Acquires Surgalign’s Digital Health Assets for $900k
What You Should Know:
- Augmedics, a provider of augmented reality (AR) surgical navigation, announced it has been named the successful bidder for the digital health assets of Surgalign and Holo Surgical following a competitive auction process.
- Augmedics’s bid for the digital health assets consists of a cash purchase price of $900,000 and the assumption of certain liabilities, as set forth in the asset purchase agreement. The sale will close pending approval by the Bankruptcy
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M&A: New Day Diagnostics to Acquire the Assets of Epigenomics AG
What You Should Know:
New Day Diagnostics LLC announced it has entered into an agreement to acquire the assets of Epigenomics AG, a molecular diagnostics company focused on blood testing for the early detection of cancer.Under the terms of the agreement, New Day Diagnostics would acquire substantially all of Epigenomics AG’s assets and intellectual property. The acquisition would expand New Day Diagnostics' portfolio in the cancer diagnostics space and include proprietary biomarker
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Henry Schein Medical & Medpod Launches Portable Telediagnostic Solution
What You Should Know:
Henry Schein Medical, the U.S. medical business of Henry Schein, Inc., and Medpod Inc. launches Medpac – a lightweight, portable telediagnostic solution that allows health care providers to offer comprehensive professional care regardless of location, helping to bridge the gap between remote telemedicine consultations and in-person office visits. Exclusively distributed by Henry Schein Medical, Medpac is suitable for a range of applications, including
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