What You Should Know:
- Following the National Association of Accountable Care Organizations (ACOs) announcement of 2020 data detailing the Medicare Shared Savings Program (MSSP), Medicare's largest alternative payment model, Bamboo Health, formerly Appriss Health and PatientPing, announced its national network of ACOs generated over $1 billion in total shared savings.
- Bamboo Health’s ACO partners succeed under value-based care programs like the MSSP by utilizing their Pings
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Mount Sinai Launches First-Ever Dept. of Artificial Intelligence and Human Health
What You Should Know:
- The Icahn School of Medicine at Mount Sinai has launched its first-ever department dedicated to advancing artificial intelligence (AI) to transform healthcare. The Department of Artificial Intelligence and Human Health mission is to lead the artificial intelligence-driven transformation of health care through innovative research, apply that knowledge to treatment in hospital and clinical settings, and provide personalized care for each patient, which will expand Mount
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MindMaze Secures $125M to Accelerate Commercialization of Digital Neurotherapeutics Platform
What You Should Know:
- MindMaze, a SaaS-based digital neurotherapeutics platform raises $125M led by AlbaCore Capital Group, one of Europe's leading specialist investors focusing on public and private corporate credit markets. MindMaze delivers seamless digital assessments and therapeutics over the full continuum of care in over twenty countries, with thousands of patients suffering from neurological conditions.
- MindMaze will use the proceeds to accelerate commercialization of and
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NowRx Launches $73M Equity Crowdfunding Round to Expand Same-Day Prescription Delivery & Telehealth Services
What You Should Know:
- NowRx, a Mountain View, CA-based provider of same-day prescription delivery and telehealth services, today announced it is raising a $73M in Series C funding through equity crowdfunding platform SeedInvest.
- By leveraging customized robotic dispensing, industry-leading consumer and driver apps, and QuickFill, a proprietary pharmacy management and logistics system, NowRx can offer same-day end-to-end services, from online prescribing to
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Tokyo Startup Bisu Raises $3.2M for ‘Lab-On-A-Chip’ Urine and Saliva Analyzer
What You Should Know:
- Bisu, Inc., a Tokyo-based digital health startup that helps people improve their health and wellness through lab-grade testing at home, today announced $3.2M in seed funding led by Korean biotech investor QUAD, with participation from ASICS Ventures Corporation, 15th Rock Ventures, Pacifico Investments, and SOSV.
- The funding will enable Bisu to bring to market Bisu Body Coach, a portable "home health lab" for
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Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know
Virgin Pulse, a global provider of tech-enabled wellbeing solutions, today announced its intent to acquire Denver-based consumer activation company, Welltok, a leader in data analytics-based targeting and multi-channel outreach solutions.
Here are five things to know about the acquisition:
1. The Welltok acquisition will accelerate Virgin Pulse's ability to serve substantially more clients, consumers, patients and members across the full healthcare continuum – employer, health plans
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Teladoc Health Expands Virtual Primary Care to Health Plans
What You Should Know:
- Teladoc Health today announced it is expanding its virtual primary care service, Primary360 to commercial health plans, employers and other organizations that sponsor healthcare for individuals and families in the United States. Teladoc Health has received a positive initial response to Primary360 in the marketplace and the role it plays in delivering comprehensive, virtual-first benefits. Several Fortune 1000 employers are live today on the new primary care
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Cerner Launches RevElate Patient Accounting for Rev Cycle Portfolio
What You Should Know:
- Today Cerner announced the launch of Cerner RevElate™, the company’s go-forward patient accounting product that will bring new and enhanced capabilities to the Cerner® revenue cycle management portfolio.
- Cerner RevElate is expected to preserve and advance the clinically driven capabilities of Cerner Millennium® while adding scalable, enterprise capabilities of Soarian® Patient Accounting software.
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Twin Health Secures $140M to Expand Whole Body Digital Twin Precision Health Service
What You Should Know:
- Twin Health, Mountain View, CA-based makers of the Whole Body Digital Twin™ precision health service, today announced $140 million in Series C funding as it scales its service in the U.S. and globally from investors ICONIQ Growth, Sequoia Capital India, Perceptive Advisors, Corner Ventures, LTS Investments, Helena and Sofina.
- Powered by artificial intelligence, the Whole Body Digital Twin™ is a dynamic representation of each individual’s unique
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Sonde Health Launches Vocal Biomarker Tech to Monitor Mental Health and Well-Being
What You Should Know:
- Sonde Health has unveiled Sonde Mental Fitness, a voice-enabled mental health detection and monitoring technology that uses a brief voice sample to evaluate mental well-being. Available as an application programming interface (API) for health systems, employers, and wellness service providers, Sonde Mental Fitness is an easy and affordable way for individuals to engage with and better understand their mental well-being and can serve as a much-needed early warning
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