What You Should Know:
- Transcarent, a new and different health and care experience company for employees of self-insured employers and their families, today announced a $200M Series C round led by Kinnevik and Human Capital, with participation from Ally Bridge Group and leading health systems including Northwell Health, Intermountain Healthcare, and Rush University Medical Center.
- The funding round also included participation from existing investors, including General Catalyst,
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PostEra Secures $24M, Forms $260M AI Lab Collaboration with Pfizer
What You Should Know:
- PostEra, a biotechnology company specializing in machine learning for preclinical drug discovery, today announced $24M in equity financing to accelerate medicinal chemistry and bring new cures to patients.
- PostEra will use the proceeds to advance a series of partnered drug discovery programs, initiate its own internal drug discovery, and further develop its medicinal chemistry platform. True to its collaborative ethos, the company today also announced its
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Femtech Startup Diana Health Launches with $11M to Redesign Maternity and Women’s Health Programs
What You Should Know:
- Diana Health, the healthcare provider redesigning maternity and women’s health in partnership with leading health systems, today announced $11M in Series A financing and collaboration with TriStar StoneCrest Medical Center, part of HCA Healthcare, one of the largest hospital systems in the U.S.
- The funding, co-led byLRVHealthand.406 Ventures, with participation from existing investorAlleyCorp, will be used to launch Diana Health’s first locations in
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R1 Acquires Revenue Cycle Company Cloudmed for $4.1B
What You Should Know:
- R1, a leading provider of technology-driven solutions that reduce friction in healthcare, has just acquired CloudMed, a leader in Revenue Intelligence™ for healthcare providers in a $4.1B cash deal.
- Upon closing of the transaction, current R1 shareholders will own approximately 70% of the combined company on a fully diluted basis and Cloudmed equity holders will own approximately 30%. Cloudmed equity holders will enter into an 18-month lockup agreement, subject to
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J&J Medical Devices Partner with Microsoft to Expand Digital Surgery Solutions
What You Should Know:
Johnson & Johnson Medical Devices Companies (JJMDC) announced a strategic partnership with Microsoft to further enable our digital surgery solutions.
The Johnson & Johnson Medical Devices Companies (JJMDC) today announced that it will collaborate with Microsoft to further enable and expand JJMDC’s secure and compliant digital surgery ecosystem. The Microsoft Cloud will help JJMDC realize its vision of
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Nomi Health Acquires Benefits Analytics Platform Artemis Health for $200M
What You Should Know:
Nomi Health, a direct healthcare provider, announced its acquisition of healthcare analytics provider Artemis Health -- the partner of choice for more than 500 U.S. employers and benefits advisors to make health benefits higher quality and more affordable using data.
- The acquisition gives Nomi Health customers actionable, data-driven insights to materially lower costs and improve the quality of care they deliver to their communities. The acquisition will also
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Little Otter Raises $22M to Expand Pediatric Mental Health Platform
What You Should Know:
- Little Otter today announced a $22 million Series A raise - one of the largest rounds for a children’s mental health company at this stage - led by CRV.
- The mental health startup provides a full umbrella of services to children and their families in a number of states and will use the investment to scale nationally by 2023.
Little Otter, a San Francisco, CA-based digital mental health company to provide tools and treatment for both children and their
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PointClickCare & Sound Physicians Partner to Drive Fully Integrated Virtual Health
What You Should Know:
- PointClickCare, a cloud-based healthcare software for the long-term and post-acute care (LTPAC) market) announced a new partnership with Sound Physicians, a national physician partner to hospitals, post-acute providers, physicians' groups and payers to offer a fully integrated virtual health solution to U.S. LTPAC providers.
- The partnership between PointClickCare and Sound Physicians will deliver
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Protai Nabs $8M for AI-Powered Drug Discovery Platform
What You Should Know:
- Protai, a Tel Aviv, Israel-based AI-powered drug discovery startup, today announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech.
- Protai empowers drug discovery with proteomics and artificial intelligence to unlock new layers of biological insights and to combat complex diseases.
Proteomics-based Platform for Faster and More Accurate Drug Discovery
Despite the significant
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Carenet Health Acquires Provider Scheduling Platform OpenMed
What You Should Know:
- Carenet Health – a provider of 24/7 healthcare engagement and on-demand telehealth solutions—announced today that they have acquired OpenMed, a digital innovator in closing care gaps, enabling access to care and supporting real-time collaboration between healthcare payers/risk-bearing entities (RBOs) and providers.
- The acquisition will add a state-of-the-art communications and scheduling
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