What You Should Know:
- SteadyMD, a B2B telehealth infrastructure provider that powers high-quality telehealth patient experiences for leaders and innovators in healthcare acquires BlocHealth, a clinician licensing, credentialing, and payer enrollment platform. Financial details of the acquisition were not disclosed.
- With the acquisition of BlocHealth, SteadyMD further improves clinical capacity for the entire online healthcare industry by enhancing its licensing and credentialing
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New Hospital-At-Home Study Focuses on Rural Health Deserts
What You Should Know:
- Appalachian Regional Healthcare (ARH), based in Lexington, Ky., will use Biofourmis’ virtual care and AI-based predictive analytics technology to support a new Rural Home Hospital program delivering acute hospital-level care inside patients’ homes--including a clinical trial studying this care model in rural areas.
- ARH joins Blessing Health System—which is also using Biofourmis’ solution—as one of only two U.S. participants
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Sesame Raises $27M to Expand Its National Healthcare Marketplace
What You Should Know:
Sesame, the only company proven to lower the price of medical care for American consumers raises $27M in Series B financing to expand its national marketplace of high-quality, ultra-affordable medical care for all Americans, whether they are insured or not.
- The round was led by GV (formerly Google Ventures) with participation from TeleSoft Partners and FMZ Ventures, alongside existing investors General Catalyst, Industry Ventures, Coefficient Capital, Giant
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Walgreens Launches New Clinical Trial Business to Address Access & Diversity
What You Should Know:
- Walgreens today announced the launch of its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research.
- Walgreens flexible clinical trial model combines the company’s vast foundation of patient insights, partner-enabled health and technology capabilities and in-person and virtual care options to break through barriers to engaging broader and more diverse communities.
Patient Recruitment
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Sanofi Taps Yseop to Accelerate Medical Writing and Reporting Processes
What You Should Know:
- Yseop, an artificial intelligence (AI) software company and pioneer in Natural Language Processing (NLP), today announced that Sanofi, the global healthcare company, has chosen to scale its natural language generation (NLG) capabilities with Yseop.
- Sanofi will use the platform to accelerate its clinical study submission processes and bring new treatments to patients faster.
- Sanofi plans to continue to expand the use of the Yseop
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bttn Raises $20M to Expand Next-Gen Healthcare Supply Distribution
What You Should Know:
- bttn, a company building next-generation healthcare supply distribution, announced a $20 million Series A led by Tiger Global with participation from seed investor Fuse.
- Born out of the COVID-19 pandemic, bttn was created to help solve the lack of medical supplies facing healthcare workers and improve access. The company has one lofty goal: to digitally transform the massive, antiquated $250B/year medical supply
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ResMed Acquires MEDIFOX DAN for $1B, Expands Healthcare SaaS Business
What You Should Know:
- ResMed acquires MEDIFOX DAN, a German leader in software solutions for home health, nursing home, and outpatient therapy providers, for $1 billion. This acquisition marks ResMed’s largest SaaS acquisition to date and expands its SaaS business outside of the U.S. for the first time.
- As part of the acquisition, MEDIFOX DAN will integrate into ResMed’s SaaS business, allowing ResMed to serve new settings: outpatient therapy services, and youth
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Invoca Raises $83M to Optimize Contact Center Experience
What You Should Know:
- Invoca, the cloud leader in AI-powered conversation intelligence for revenue teams" has raised $83M in its Series F at a $1.1B valuation led by
- With 6 of the top 10 U.S. health systems, 3 of the top 8 U.S. physical therapy clinics, and 4 of the top 6 U.S. dental service organizations already using Invoca, this recent round of funding will help improve the contact center experience for healthcare organizations.
Addressing Healthcare Staffing
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Capital Rx Raises $106M to End Drug Price Distortion
What You Should Know:
- Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced raises $106M in a Series C round to end drug price distortion. The Series C round was led by B Capital with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners, bringing the total amount raised to $175M.
- Capital Rx will continue to invest in the technology backbone for claims processing and benefit
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Elation Health and Dock Health Partner Optimize Clinical Operations
What You Should Know:
- Primary care EHR provider Elation Health and provider workflow management platform provider Dock Health announced an integration to significantly improve task management for already burnt-out providers.
- More than 23,000 clinicians across Elation’s growing community can now fully leverage Dock for managing administrative tasks that complete healthcare faster, decreasing the administrative burden and empowering physicians with greater time for
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