What You Should Know:
- Real world evidence from electronic medical records (EHR) data reveals the COVID-19 vaccines are highly effective at preventing hospitalizations, emergency department visits and intensive care admissions due to the virus, according to a study just published in the New England Journal of Medicine (NEJM).
- The study, “Effectiveness of COVID-19 Vaccines in Preventing Ambulatory and Inpatient Care” analyzes actual data from hospitals around the US and shows
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Neuroglee Raises $10M to Develop Virtual Neurology Clinics with Mayo Clinic, Others
What You Should Know:
- Neuroglee, a Boston, MA-based provider of personalized evidence-based digital therapeutics (DTx) and virtual care solutions, today announced it has raised $10M in Series A funding led by OpenSpace Ventures with participation by EDBI.
- Neuroglee Therapeutics discovers, develops and commercializes personalized evidence-based digital therapeutics (DTx) and virtual care solutions to treat and manage patients with neurodegenerative diseases. Neuroglee’s adaptive
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Corti Receives $27M to Expand AI-Powered Patient Consultations Platform
What You Should Know:
- Corti.ai, a Copenhagen, Denmark-based AI-powered patient consultations platform today announced it has raised $27M in Series A funding led by Vaekstfonden, the Danish Growth Fund and Chr. Augustinus Fabrik, who joins existing investors Hearcore, Id Invest, and byFounders.
- Founded by Lars Maaløe and Andreas Cleve in 2016, Corti provides an augmentative AI platform that uses speech recognition technology to analyze patient consultations in real time and then
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Azalea Health Acquires dashboardMD for Integrated EHR‑based Business Intelligence
What You Should Know:
- Azalea Health Innovations Inc. (Azalea Health or Azalea), a provider of cloud-based patient management and health IT solutions, today announced its acquisition of dashboardMD, an innovative cloud provider of business intelligence reporting solutions and healthcare analytics. Financial details of the acquisition were not disclosed.
- The acquisition pairs two true innovators in the health IT space -- Azalea with its fully interoperable, cloud-based electronic health
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Intelerad Acquires Insignia Medical Systems, UK-Based Enterprise Imaging Provider
What You Should Know:
Today, Intelerad Medical Systems, a provider of medical image management solutions, announced its acquisition of Insignia Medical Systems, a leading UK-based enterprise imaging provider. The deal signals an important step in expanding next-generation imaging solutions and resources to help modernize hospital trusts across the UK and marks the company’s fifth acquisition in the past year.
Notably, the UK healthcare system is facing an aging and growing population,
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TransUnion Explores Sale of TransUnion Healthcare, Sources Say
What You Should Know:
- Credit reporting agency TransUnion is currently evaluating the sale of its revenue cycle management subsidiary, TransUnion Healthcare, PE Hub first reports.
- Sources report TransUnion Healthcare at an initial valuation of $1.9B to $2.2B with approximately $100M of earnings before interest, taxes, depreciation, and amortization (EBITDA).
- TransUnion Healthcare makes mutual trust possible between patients, providers, and payers by helping them navigate payment
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Invitae Acquires Ciitizen for $325M to Strengthen its Patient-Consented Health Data Platform
What You Should Know:
- Medical genetics company Invitae today announced its $325M acquisition of Ciitizen, a patient-centric consumer health tech company that offers a global platform to help patients collect, organize, store and share their medical records digitally.
- Ciitizen is a patient-centric consumer health technology platform that enables patients to collect, store and share their medical records in a single location. Ciitizen developed proprietary machine learning and AI
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Stryker Acquires Med Device Company Gauss Surgical
What You Should Know:
- Stryker today announced the acquisition of Gauss Surgical, a Menlo Park, CA-based medical device company that has developed Triton™, an artificial intelligence-enabled platform for real-time monitoring of blood loss during surgery. Financial details of the acquisition were not disclosed.
- Triton combines the power of A.I. with the simplicity of a mobile device to deliver accurate blood loss during surgery. Triton has demonstrated improvements in maternal and
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Solv Raises $45M to Expand Same-Day Appts & Virtual Care Options Nationwide
What You Should Know:
- Solv (Solv Health), a San Francisco, CA-based national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced it has raised $45M in Series C funding led by Acrew Capital and Corner Ventures. The Series C round also included participation from prior investors Greylock Partners and Benchmark Capital.
- The funding will support Solv's expansion of its national network of healthcare providers, consumer-driven
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Brightline Expands Virtual Behavioral Health Support For Kids, Teens, and Families Nationwide
What You Should Know:
- Brightline, a Palo Alto, CA-based provider of virtual behavioral health care for children and families, announced nationwide expansion of its first-of-its kind behavioral health coaching programs and digital platform, called Brightline Connect, to support families across the country.
- Brightline initially launched behavioral health coaching for children, teenagers, and parents and caregivers in spring 2021 to bring families tangible support — especially in the
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