What You Should Know:
- Consumer genetics and research company 23andMe, today announced a definitive merger agreement with Lemonaid Health, Inc., an on-demand platform for accessing medical care and pharmacy services online.
- As part of the merger agreement, 23andMe acquired Lemonaid Health for $400M, of which 25% will be paid in cash and 75% in shares of 23andMe Class A Common Stock. The acquisition is expected to close by the end of 2021.
- The acquisition adds Lemonaid Health’s
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How Continuous Optimization of Marketing Outcomes Improves Brand Performance and Patient Outcomes – Q/A
As fall turns to winter, pharmaceutical brand marketers and supporting teams know one thing is certain: next year’s planning cycle is upon us in earnest. With data-driven decision-making at the core of best practices, and an increasing fluency in tying aggregated, non-identified prescription data to a brand’s efforts, the evidence continues to support the Continuous Optimization approach to driving patient outcomes. The results demonstrate that not only we can improve brand performance, but also
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Zerigo Health Raises $43M, Appoints Glen Tullman as Executive Chairman
What You Should Know:
- Today, Zerigo Health, a San Diego, CA-based connected light therapy solution for treating chronic skin conditions at home or on the go, today announced a $43M Series B funding round led by 7wireVentures, joined by General Catalyst, Dragoneer, Cigna Ventures, Leverage Health Solutions, and Leaps by Bayer.
- In addition, Glen Tullman, Managing Partner of 7wireVentures, former Founder and CEO of Livongo, and Chief Executive Officer of Transcarent, will join as
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Oak Street Health Acquires RubiconMD for $130M – Health M&A
What You Should Know:
- Oak Street Health, Inc., a network of value-based primary care centers for adults on Medicare, today announced it has acquired RubiconMD, the leading technology platform providing access to specialist expertise.
- Motivated by their own experiences within the healthcare system, CEO Gil Addo and President Carlos Reines founded RubiconMD in 2013 to democratize medical expertise by connecting primary care clinicians to top specialists. Through its digital platform,
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Hackensack Meridian to Deploy Google Cloud’s AI/ML Offering in Clinical Settings
What You Should Know:
- Hackensack Meridian Health and Google today announced the two organizations are expanding their relationship to improve patient care. Hackensack Meridian Health recently migrated to Google Workspace and will be one of the first health systems in the world to use Chrome OS devices across clinical and business environments.
- In addition, Hackensack Meridian is partnering with Google Cloud to deploy artificial intelligence (AI) and machine learning (ML) in key
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CommonSpirit, Vital Expand Partnership After Successful Pilot to Improve Patient Experience in ED & Patient Care Delivery
What You Should Know:
- Today at HLTH 2021, CommonSpiritHealth announced the results of its pilot with Vital, the artificial intelligence (AI)-powered software improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and inpatient stays. Vital’s digital tool, ERAdvisor, helps keep patients informed and in control of their visit by providing real-time content and text message updates to patients and their families through their smartphone. The app
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HealthEdge Acquires Wellframe to Enter Member Engagement Market
What You Should Know:
- HealthEdge Software, Inc. (“HealthEdge”), a provider of the industry’s leading next-gen integrated solution suite for health insurers, today announced it has entered into a definitive agreement to acquire digital health management platform Wellframe Inc. (“Wellframe”). Financial details of the transaction were not disclosed.
- The company’s Digital Health Management platform enables health plans to modernize member-facing services, including care
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Rev Cycle Company Ensemble Health Partners Files to Go Public
What You Should Know:
- Ensemble Health Partners, Inc. (“Ensemble”), a provider of healthcare revenue cycle management solutions for hospitals and affiliated physician groups, announced it has filed to raise $649M for its initial public offering (IPO), at a valuation of $1.2B.
- Ensemble is offering 29,500,000 shares of its Class A common stock at an initial public offering price between $19 and $22 per share. It also intends to grant the underwriters a 30-day option to
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Skyflow Secures $45M to Expand Health Data Privacy Vault – HLTH21
What You Should Know:
- Skyflow, a Palo Alto, CA-based customer data privacy company, today announced a $45M Series B financing round led by Insight Partners. Additionally, existing investors Canvas Ventures and Foundation Capital as well as executives from Plaid and Coinbase Board Member Gokul Rajaram invested in the Series B. With this new investment, Skyflow has raised over $70M over the last 18 months, and is positioned for rapid growth.
- Skyflow delivers a zero-trust data
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GoCheck Raises $10M for Digital Pediatric Vision Screening to Protect Children from Vision Impairment and Blindness
What You Should Know:
- GoCheck, creator of GoCheck Kids, a digital vision screening platform, announced today an investment round of $10 million co-led by Hatteras Venture Partners and Pisgah Fund (affiliated with HCA). The round also included participation from new investors CU Healthcare Innovation Fund (affiliated with the University of Colorado) and WakeMed Hospitals Innovation Venture Fund, and existing investors Marc Benioff (Founder/CEO of Salesforce), Interwest Partners, FCA
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