What You Should Know:
- Mayo Clinic and Numares Health have expanded their collaboration recently to develop AI-enabled diagnostic testing that is more accurate and reliable than current U.S. tests for patients with chronic diseases, including kidney, cardiovascular, liver and neurologic conditions.
- The expanded collaboration builds on Mayo Clinic's clinical research support for Numares Health to include an innovative convertible equity investment.
AI-Enabled
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Valera Health Secures $45M to Increase Mental Health Access for High Acuity Patients
What You Should Know:
Valera Health, a virtual mental health provider serving high acuity patients raises $44.5M in growth equity raise led by Heritage Group.
The round also included participation from Cigna Ventures, Horizon Healthcare Services and existing investors, which include Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures (BCBS AZ), Figure Eight Investments, Watershed VC, and Alsora Capital.
Care that is comprehensive, inclusive, and
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JPMorgan Establishes Life Sciences Private Equity Division
What You Should Know:
- J.P. Morgan Asset Management announced the establishment of a new life sciences private equity team, Life Sciences Private Capital.
- The new team will focus on investing in both early and growth-stage healthcare companies across multiple strategies aligned to specific market opportunities, with a focus on novel therapeutics and technologies in several target areas including Genetic Medicine, Oncology, Neurodegenerative Disease, Rare Diseases, Autoimmunity,
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MedCrypt Raises $25M for Medical Device Cybersecurity Platform
What You Should Know:
- Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.
- The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M.
Rising Need for Medical Device Cybersecurity
This round stems
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MEDITECH Taps Health Gorilla to Power Canadian Interoperability Network
What You Should Know:
- Health Gorilla, a Health Information Network and interoperability provider, has been selected by MEDITECH as the technology platform for Traverse Exchange Canada — a first-of-its-kind interoperability network that will enable the seamless flow of health information between participating organizations across Canada.
- Powered by Health Gorilla’s Health Interoperability Platform, Traverse Exchange Canada will ensure that comprehensive clinical information is
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Mass General Brigham Deploys DexCare’s Digital Care Access Platform
What You Should Know:
- Mass General Brigham (MGB) has partnered with DexCare to improve consumer experiences and outcomes for virtual urgent care.
- DexCare’s solution will allow patients to access care from MGB at their preferred time and format through simple, self-directed digital experiences = better patient acquisition, retention and experiences. The platform will allow MGB to optimize resource usage and intelligently navigate patient demand to see more patients while reducing
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Accenture Federal Services Awarded Role on $650M VA Healthcare Innovation Contract
What You Should Know:
Accenture Federal Services has been awarded a prime spot on a $650M contract in support of the Department of Veterans Affairs’ Veterans Health Administration (VHA) and the Office of Healthcare Innovation and Learning (OHIL).
The Accelerating VA Innovation and Learning (AVAIL) contract provides VHA and the Office of Healthcare Innovation and Learning (OHIL) with the ability to fast-track the design, development, and testing of healthcare innovations.
The AVAIL
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On/Go Launches COVID Test to Treat w/ free Paxlovid Delivery
What You Should Know:
- On/Go (by Intrivo) – the health tech startup behind COVID test kits that have helped hundreds of millions of people – has launched a Test to Treat solution for at-home Paxlovid antiviral access, plus a virtual long COVID clinic.
- While some studies have shown Paxlovid may reduce risk of hospitalization and death by 89%, only 11% of Americans who recently had COVID were given antiviral therapy, likely due to accessibility issues. Paxlovid treatment must begin
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Tempus Launches Real-World Data-Driven Program to Accelerate Precision Oncology Research
What You Should Know:
- Precision Medicine company Tempus announced the launch of Tempus+, a program connecting medical centers across the U.S. like Stanford Cancer Center, Baylor College of Medicine, Rush University Medical Center, and UCLA Jonsson Comprehensive Cancer Center, to advance cancer research and provide access to Tempus’ library of more than five million de-identified research records.
- Tempus’ data library and data analytics platform, Lens, can now be used by researchers to
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HealthJoy Raises $60M for Healthcare Navigation Platform to Reduce HR Burden
What You Should Know:
- HealthJoy, a healthcare navigation platform that drives benefits satisfaction, improves care outcomes, improves employee satisfaction and reduces HR burden raises $60M in Series D funding led by Valspring Capital with participation from new investors Endeavour Vision and CIBC Innovation Banking. Existing investors US Venture Partners, GoHealth co-founders Brandon Cruz and Clint Jones, Health Velocity Capital, Nueterra Capital and Epic also participated
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