What You Should Know:
- EchoNous, a Redmond, WA-based portable AI-guided ultrasound tools and platform, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”).
- The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor since 2015. Kennedy Lewis' funding will help further the development of and grow adoption for the Kosmos platform, which is
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Ro Acquires At-Home Diagnostic Testing Company Kit – M&A
What You Should Know:
- Healthcare technology company, Ro today announced the acquisition of Kit, an at-home diagnostics company that offers self-administered diagnostic tests, including finger prick blood assays, blood pressure tests, weight measurement tools, and more—all shipped directly to their door. Financial details of the acquisition were not disclosed.
- The acquisition of Kit will serve as a critical piece to Ro’s vertically integrated platform, which already offers
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Mayo Clinic, Spire Health to Co-Develop Remote Pulmonary Rehab Program
- Spire Health and Mayo Clinic announced a strategic collaboration to integrate Mayo Clinic’s remote pulmonary rehabilitation program into Spire Health’s respiratory remote patient monitoring (RPM) service.
- Developed by Dr. Roberto Benzo and his team at the Mindful Breathing Laboratory, Mayo Clinic’s remote pulmonary rehabilitation program has been the recipient of multiple, multi-year grants from the National Institute of Health (NIH).
- The program, validated using randomized
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Foundation Medicine Integrates Genomic Profiling with Flatiron Health’s EMR
What You Should Know:
- Foundation Medicine (FMI) announced today it will begin integrating with Flatiron Health and other electronic medical record (EMR) systems to make it easier for oncologists to order comprehensive genomic tests (CGP), review results, continually access clinical and genomic information and share among their care teams in order to quickly and efficiently develop personalized treatment plans for their patients.
- This integration, the first of a
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XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform
What You Should Know:
- XSOLIS, a healthcare technology firm focused on improving healthcare operations announced it has raised $75M in minority growth investment from Brighton Park Capital ("Brighton Park"), a research-driven investment firm.
- XSOLIS is an artificial intelligence-based software platform that helps national health systems and payers streamline the utilization management process.
- XSOLIS' suite of data-driven solutions leverages insights from proprietary machine
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NexHealth Raises $31M to Expand Patient Experience Management Platform at $431M Valuation
What You Should Know:
- NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raises $31M, co-led by media mogul and founding partner of WndrCo Jeffrey Katzenberg and Mino Games founder-turned-angel investor Josh Buckley, at a $431M valuation.
- Founded in 2015 by Alamin Uddin, NexHealth’s patient experience management platform enables doctors to give their patients an end-to-end experience with key features like real-time online booking,
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Health Catalyst to Acquire Patient Engagement Platform Twistle – M&A
What You Should Know:
- Health Catalyst, a provider of healthcare data and analytics solution announced that it has entered into a definitive agreement to acquire Twistle, Inc. ("Twistle"), an Albuquerque, New Mexico-based healthcare patient engagement platform. The acquisition was funded using a combination of cash and stock.
- Founded in 2011, Twistle’s SaaS patient engagement platform automates patient-centered, HIPAA-compliant communication between care teams and patients to transform
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health
What You Should Know:
- TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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Providence-backed Tegria Acquires Digital Health AI Platform KenSci
What You Should Know:
- Providence-backed Tegria today announced the acquisition of KenSci, a leader in artificial intelligence platforms and apps for healthcare, with roots in Microsoft's Azure4Research program and the University of Washington. Financial details of the acquisition were not disclosed.
- Founded in 2015, KenSci's digital health AI platform helps organizations bring the power their data and improve health outcomes with advanced analytics. KenSci's customers,
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CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation
What You Should Know:
- CitiusTech, a provider of healthcare technology services, solutions and platforms, announced today the strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations.
- As the need for value-based innovative technology solutions grows, combining SDLC’s expertise in payer-focused solutions with CitiusTech’s industry presence and rich portfolio of complementary digital offerings, CitiusTech
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