What You Should Know:
- TytoCare has partnered with Multimed, a leading distribution and commercialization company providing medical devices, surgical instruments, robotics and safety devices, who will exclusively introduce TytoCare to the Italian public healthcare market.
- The Italian healthcare system expressed significant demand for TytoCare’s telehealth platform as a solution to help fight the rapid outbreak of COVID-19 that plagued the country at the onset of the pandemic.
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Glytec Raises $21M to Fix Hospital Insulin Management
What You Should Know:
- Glytec announced $21M in funding today from Silicon Valley Bank, Savitr Capital and others to help address the challenge that 90% of hospitals in the U.S. face with insulin management.
- Glytec’s insulin management solution, eGMS helps providers track blood glucose data, detect and alert patients in glycemic disarray, provide personalized insulin dosing regimens, and get patients into target blood glucose range
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Accolade Acquires Virtual Primary Care Platform PlushCare for $450M
What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide
What You Should Know:
- Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels.
- Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses
What You Should Know:
- Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer.
- The company will apply the current investment to accelerate product innovation and hire new
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform
What You Should Know:
- Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls.
-
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InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care
What You Should Know:
- Interwell Health, the leading physician organization driving innovation in the renal industry, announced the closing of a Series B round of equity funding of over $46 million, expanding Interwell’s investor group of premier, visionary nephrology practices across the country.
- Through its network of more than 1,400 nephrologist network participants, and its partnership with Fresenius Medical Care North America (FMCNA), InterWell Health deploys a broad scope of
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Cerner to Provide Access to More Than 54M Patient Records for Life Insurance Industry
What You Should Know:
- Cerner has taken another step into the life insurance industry today with an strategic collaboration with MIB, a company providing risk management services to hundreds of insurance companies in the United States and Canada.
- The agreement will establish MIB as the exclusive collaborator to provide access to digital patient data from Cerner within the life insurance industry. MIB will now be able to facilitate access to 54 million patient
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets
What You Should Know:
- Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures.
- Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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70% of Patients Prefer A Virtual Waiting Room, Survey Reveals
What You Should Know:
- Nearly 70% of patients would prefer a “virtual waiting room” than arriving at the office in person and completing the paperwork in a waiting room, according to survey results from LifeLink Systems.
- The survey, conducted by YouGov on behalf of Lifelink Systems, polled more than 2,400 U.S. adults across age, income, ethnic, and geographic groups ). Survey participants were then presented with the concept of a Virtual
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