What You Should Know:
- Lumedic launches a first-of-its-kind commercial technology to offer digital vaccine cards to patients receiving COVID-19 vaccinations at sites affiliated with Providence, one of the nation's largest health systems. The technology includes a mobile app that gives patients the option to share vaccination verification status quickly and securely, when and how they want.
- Through the app, patients can request their digital vaccination be delivered securely to their
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Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation
What You Should Know:
- Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B.
- The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B
What You Should Know:
- Shares of Signify Health, a value-based care billing platform for in-home and bundled health services jumped more than 33% in its initial public offering (IPO), valuing the company at over $7.12B.
- Today, Signify Health’s CEO Kyle Armbrester will also join the ranks among the youngest CEOs to ever take a company public – notably alongside Bumble’s CEO who also began trading on the NASDAQ today.
- The company raised 564 million by offering 23.5 million
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Zocdoc Raises $150M to Accelerate Digital Healthcare Marketplace
What You Should Know:
- Zocdoc, the country's leading digital healthcare marketplace, today announced $150 million in growth financing from Francisco Partners.
- The funding follows Zocdoc’s successful transition to a fee-per-booking model, which has dramatically fueled its expansion into telehealth, vaccine scheduling, and national television advertising. The company has quickly become one of the country's largest telehealth platforms, with more than 10,000 providers offering nearly one
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RapidSOS Secures $85M to Scale Emergency Response Data Platform
What You Should Know:
- RapidSOS, NYC-based digital health announced it has raised $85M in Series C funding led by Insight Partners, bringing the company’s total funding to $200M
- Founded in 2012, RapidSOS has created the world's first emergency response data platform that securely links life-saving data from 350M+ connected devices to emergency services and first responders. Through the platform, RapidSOS provides intelligent data that supports over 4,800 Emergency Communications Centers
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Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform
What You Should Know:
- Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care.
- The startup plans to use this round to scale its commercial operations and partnerships with U.S. providers, grow its R&D team and cement its status as a world-leading provider of AI-powered Surgical Intelligence solutions.
Theator, a Palto Alto,
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Verily and Janssen Launch COVID-19 Immune Response Study
What You Should Know:
- Verily and Janssen launches COVID-19 Immune Response Study that aims to collect detailed information about how the coronavirus affects the immune system immediately after someone tests positive for COVID-19.
Verily, an Alphabet company, is partnering with Janssen Research & Development LLC (Janssen) to launch a COVID-19 Immune Response Study as part of Verily’s Project Baseline. The study aims to collect detailed information about how the coronavirus affects
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Lyft Launches Enhanced Concierge In-App Experience for Healthcare
What You Should Know:
- Lyft launches enhanced Lyft Concierge experience within the rider app like streamlined, multi-language support and advanced security — through their Lyft app account, if they have one.
Lyft Business, today announced the launch of enhanced Lyft Concierge experience with advanced safety features and an enhanced experience when they open their rides in the Lyft app. Lyft Concierge enables organizations to schedule and cover the cost of a ride on behalf of a
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman
What You Should Know:
- Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.
Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care
What You Should Know:
- UPMC spinout company Astrata launches a natural language processing (NLP) technology platform that allows health insurers to more efficiently analyze unstructured clinical data.
UPMC Enterprises, the innovation and commercialization arm of UPMC has incubated and launched Astrata, a digital healthcare quality company. Astrata uses advanced analytics and natural language processing (NLP) to improve value-based care.
Founded by Rebecca Jacobson, M.D., M.S. Astrata
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