What You Should Know:
Today, Samsung announced today its Irregular Heart Rhythm Notification feature of the Samsung Health Monitor App has been cleared by the FDA. With this new feature, Galaxy Watch users can be alerted when heart rhythms suggestive of atrial fibrillation (AFib) – a type of arrhythmia – are detected.The Irregular Heart Rhythm Notification works with the app’s existing on-demand Electrocardiogram function to proactively monitor heart rhythms suggestive of AFib, and
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Recent Digital Health Strategic Partnerships Roundup: Unite Us, careMESH, CareCloud, Others
St. Joseph’s Health Enhances Provider Communications with careMESH’s Healthcare Directory and User-Friendly Messaging Services
New Jersey-based St. Joseph’s Health partners with careMESH to significantly expand the health system’s clinical communications reach to all community physicians, including digital access to electronic medical records. Using careMESH, St. Joseph’s will focus on several key areas, including:
Streamlining external communications with community physiciansReducing
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Inbox Health Raises $22.5M for Patient Billing Communications Platform
What You Should Know:
Inbox Health, a New Haven, CT-based patient billing communications platform raises $22.5M in a Series B financing round, led by fintech-focused Ten Coves Capital. The Series B announcement follows news that Inbox Health's billing technology was awarded a patent by the U.S. Patent and Trademark Office in April 2023. The new growth capital will further accelerate Inbox Health’s strategic growth as it continues to improve and modernize the billing, support, and payment
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AmerisourceBergen Launches Pharmacy Telehealth Pilot with SteadyMD
What You Should Know:
AmerisourceBergen (AB), a global healthcare company, has announced a strategic partnership with SteadyMD, a B2B telehealth infrastructure provider for the co-creation of a telehealth solution focused on Test to Treat opportunities. The solution is being offered as a pilot to independent community pharmacies across the US.In addition to the commercial partnership, AmerisourceBergen has also made a minority investment in SteadyMD through its venture fund AB Health
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Patient Square Capital Forms Elevage Medical Technologies to Partner with Growth-Stage Medical Device Companies
What You Should Know:
Healthcare investment firm Patient Square Capital ("Patient Square") forms Elevage Medical Technologies ("Elevage"), a new portfolio company to support the growth of promising medical device companies by providing capital and deep strategic expertise.
Elevage will deliver financial and strategic growth support to a broad set of medical device technology companies that are at the forefront of transforming health care through cutting-edge devices that enhance health
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Healthy.io Secures $50M to Expand Smartphone Kidney Test
What You Should Know:
Healthy.io, the global leader in transforming the smartphone camera into a clinical-grade device, raises $50M in a Series D funding round led by Schusterman Family Investments and is joined by Aleph and other existing shareholders. This investment, together with a previously unannounced $45 million February 2022 investment, comprises the company’s Series D.The Series D round will support Healthy.io’s expansion across the U.S. market, where Minuteful Kidney™, the
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Cowen Healthcare Raises $556M Fund to Invest in Life Sciences Companies
What You Should Know:
Cowen Healthcare Investments announced the successful close of Cowen Healthcare Investments IV ("CHI IV" or the "Fund") with total committed capital of $555.6M. CHI IV will invest primarily in mid to late-stage life sciences opportunities.Led by Kevin Raidy, Tim Anderson, and Robert Sine, Cowen Healthcare Investments supports innovation in the healthcare sectors, with a particular focus on biopharma, diagnostics, and digital health.Since its founding in 2012, the CHI
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Kinnos Secures $15M to Expand Colorizing Disinfection Platform
What You Should Know:
Kinnos, the maker of Highlight®, a novel technology that colorizes disinfectants raises $15M led by a group of current and former industry leaders. The company also named healthcare veteran Steve Fanning as Chief Executive Officer and a member of the Board of Directors.Founded during the Ebola outbreak in West Africa, Kinnos is pioneering ways to more optimally employ proven disinfectants for a safer healing environment amidst a rising tide of infections globally.This
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CareSource Invests $1M in Virtual Rehab Augment Therapy
What You Should Know:
CareSource, a nonprofit managed care organization, today announced a $1M investment in Augment Therapy, a digital health company enhancing rehabilitative healthcare and exercise through immersive and gamified technology.The investment builds on CareSource and Augment Therapy’s pilot program at four locations in Ohio to research and showcase how access to Augment Therapy encourages children, and adults of all ages to exercise more and to get the most out of physical
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M&A: VMG Health Acquires BSM Consulting
What You Should Know:
VMG Health, a full-service healthcare strategy and transaction advisory firm acquires BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). NCP invested in VMG Health in March 2020.Founded in 1978 by Bruce Maller, BSM Consulting provides practice management consulting and compliance expertise to clients in ophthalmology and medical
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