Nothing like it had ever happened before – a global slowdown in new study starts and a massive decrease in trial accruals for open studies. The turn of events was a shock for sponsors and providers. Sudden disruptions on that scale rarely hit multiple players in an ecosystem at the same time. But that’s exactly what happened at the intersection of clinical care and clinical development during the pandemic. Researchers and clinicians were forced to change how they operated trials, and
Read More
5 Trends Driving the Future Growth of Digital Health & MedTech
What You Should Know:
- Today Accenture published Digital Health and MedTech – New Signals for Transformation to understand the impact consumers, patients and healthcare professionals’ experiences and expanding care settings will have on the medtech industry.
- In a global survey of Medtech executives, five key trends were identified, including Care Anywhere and Everywhere with over 75% of executives saying that the expanding care settings and models will significantly
Read More
Fathom Secures $46M for AI Medical Coding Automation Platform
What You Should Know:
- Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led by Alkeon Capital and Lightspeed Venture Partners with participation from Vituity’s Inflect Health, Cedars-Sinai, ApolloMD, Jonathan Bush, and other healthcare executives.
- The company plans to use the funding to advance the standard in automated medical coding in response to critical challenges facing providers. The Series B round brings Fathom’s total funding to
Read More
HCA to Deploy MEDITECH Expanse EHR Across Enterprise
What You Should Know:
- HCA Healthcare, one of the nation’s leading providers of healthcare services, has signed a new agreement for a large-scale deployment of MEDITECH Expanse. This landmark agreement identifies MEDITECH Expanse as HCA Healthcare’s primary go forward EHR platform and a key part of the company’s digital transformation.
- Expanse is expected to support HCA Healthcare’s efforts to provide
Read More
Walgreens-Backed VillageMD to Acquire Summit Health for $9B
What You Should Know:
Primary care provider, VillageMD has entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care in a blockbuster M&A deal valued at $8.9 billion with investments from Walgreens Boots Alliance (WBA).
The combined company will create a multi-payor platform to deliver quality, affordable care for all patients and will enhance WBA’s robust portfolio of leading, integrated healthcare offerings across the care
Read More
a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York
What You Should Know:
- Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state.
- The strategic partnership aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network.
Leveraging Digital Health to
Read More
SEMCAP Launches Investment Strategy to Address Healthcare Market Opportunity
What You Should Know:
- Growth equity investor SEMCAP is launching SEMCAP Health, its healthcare investment strategy to address the significant opportunities at this unprecedented time in the healthcare industry.
- SEMCAP Health takes influential minority or majority positions in high-growth healthcare tech and tech-enabled services business. The most recent example is SEMCAP Health’s investment in
Read More
Lumeris Launches Value-Based Care Accelerator for Practices
What You Should Know:
- Lumeris is launching Tribus, a value-based care accelerator for practices to convert from fee-for-service to value-based care using a community based-model.
- Under the direction of Dr. Chuck Willey, CEO of Tribus, who is a practicing internal medical physician in St. Louis, doctors will participate in physician-to-physician training and mentorship for anyone looking for a better way to deliver at-risk care for senior populations.
Why It Matters
The Medicare
Read More
Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration
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
Read More
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
Read More
