What You Should Know:
Hellman & Friendman LLC and Bain Capital acquire health IT company athenahealth for $17 billion dollars.
Private Equity firms Bain Capital and Hellman & Friedman LLC has announced it has acquired athenahealth, a cloud-based enterprise software solution for medical groups and health systems for $17B. In September, it was reported PE firm Veritas Capital and hedge fund Elliot Investment were exploring options to sell athenahealth for $20B or file for an
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Biotech R&D Platform Benchling Closes $100M at $6B Valuation
What You Should Know:
Biotech R&D platform Benchling raises $100M at a $6B valuation, co-led by Franklin Templeton and Altimeter Capital to expand product development and global footprint, particularly in EMEA.
More than 200,000 scientists at over 600 companies and 7,000 research institutions globally have adopted Benchling's R&D Cloud to make breakthrough discoveries and bring the next generation of medicines, food, and materials to market faster than ever before. The R&D
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EasyHealth Secures $135M to Redesign Medicare Experience
What You Should Know:
- Easyhealth raises $135M to redesign Medicare with its end-to-end Medicare experience to help 50 million Medicare members find the best plan and support them through their healthcare journey.
EasyHealth, an LA-based company connecting coverage and care with an end-to-end Medicare experience, today announced it has raised $135M in equity and debt funding to further its mission to improve health outcomes for Medicare members by connecting coverage and care. Funding
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aptihealth Raises $50M to Scale Behavioral Health Platform
What You Should Know:
- aptihealth raises $50 million in Series B funding to scale higher acuity behavioral healthcare services.
- New capital from world-class syndicate will accelerate the growth and expansion of aptihealth's tech-driven, novel care model for outcomes-based behavioral healthcare.
aptihealth, a Boston, MA-based tech-driven behavioral health provider built to transform higher acuity care, today announced a $50 million Series B funding round from Takeda Digital
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Home Care Startup MedArrive Raises $25M for Affordable At-Home Care
What You Should Know:
- Home care startup MedArrive raises $25M in Series A funding led by Section 32 to accelerate platform buildout, network expansion to bring affordable at-home care to vulnerable populations across the country.
- MedArrive enables healthcare payers and providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost.
- Since its founding in December 2020, MedArrive has doubled the
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LifePoint Health Launches Health Tech Incubator, 25m Health in Nashville
What You Should Know:
- LifePoint Health launches 25m Health, a Nashville-based Healthtech Venture Studio with 25madison, as part of “LifePoint Forward” Innovation Strategy
LifePoint Health has announced a partnership with New York-based venture studio 25madison to launch a first-of-its-kind health tech startup incubator in Nashville. Seeded with a starting investment of $20M and dubbed 25m Health, the incubator will bring together the expertise, network, and access to a large health
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Alexa, Can You Call My Nurse? Amazon to Build Vocera Skill for Alexa
What You Should Know:
- Vocera announced a collaboration with Amazon to deliver Vocera skill for Alexa. This HIPAA-compliant solution provides an easy, personal, and direct way for hospitalized patients and aged care residents to connect with their caregivers and more.
- Through the hands-free Vocera skill, Alexa clarifies the nature of patient requests, establishes urgency, and updates the patient on the status of the care team’s response in a personalized, conversational manner. Vocera
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H1 Raises $100M to Expand Healthcare Professional Data Network
What You Should Know:
- Health tech startup H1 announced that it has raised a $100M Series C round of funding. NY-based H1 plans to invest the funds in the expansion of its data and network, product development and hiring, with a goal to make H1 the core global healthcare network for every
medical professional and organization in the world.
The Series C round was led by Altimeter Capital, joined by new investors Goldman Sachs Asset Management and Flex Capital, with
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QGenda Acquires Nurse & Staff Scheduling Platform Schedule360 – M&A
What You Should Know:
- QGenda today announced the acquisition of Schedule360, the provider of cloud-based software to automate nurse and staff scheduling.
- With the addition of nurse and staff scheduling, QGenda will enable healthcare organizations to manage, schedule and optimize the deployment of their entire workforce. Now, organizations can streamline scheduling processes across the enterprise to better optimize capacity and to improve outcomes through more
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Ribbon Health Raises $43.5M for Healthcare API Data Platform
What You Should Know:
- Ribbon Health, an API data platform that powers high-quality, cost-effective, and convenient care decisions, announced a $43.5 million Series B investment led by General Catalyst and with participation from new and current investors, including Andreessen Horowitz (a16z), BoxGroup, Rock Health, and Sachin Jain.
- Ribbon plans to use this funding to prioritize team expansion and technology investments to build a best-in-class data platform to simplify
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