What You Should Know:
- Streamline Health Solutions, Inc., a provider of the eValuator Revenue Integrity Program to help healthcare providers proactively address revenue leakage and compliance exposure, announced the acquisition of Avelead Consulting, LLC (“Avelead”), a provider of solutions and services to improve revenue integrity for healthcare providers.
- Financial terms of the acquisition include closing cash and stock consideration valued at $20M, subject to
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HCA Healthcare Sells Off PatientKeeper to General Catalyst’s Commure
What You Should Know:
- HCA Healthcare, one of the nation’s leading healthcare providers, and General Catalyst, a global venture capital firm, today announced the sale of HCA Healthcare’s PatientKeeper to venture firm General Catalyst’s portfolio company Commure along with an investment in Commure and the formation of a new strategic collaboration to accelerate digital transformation.
- PatientKeeper is a leading provider of intuitive software and mobile applications that help physicians
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Verily Acquires Clinical Trials Management Platform SignalPath, Marks First Acquisition
What You Should Know:
Verily, an Alphabet company announced an agreement to acquire SignalPath, a Raleigh, NC-based clinical trial management system (CTMS) that improves the ease, quality and efficiency of conducting clinical research at study sites. Financial details of the acquisition were not disclosed.
- The acquisition marks Verily’s first major acquisition that will strengthen and expand Verily’s existing clinical trial system and evidence generation platform, known as Baseline. The
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ClosedLoop.ai Raises $34M to Expand Healthcare Data Science Platform
What You Should Know:
- ClosedLoop.ai., an Austin, TX-based healthcare data science platform, today announced it has raised $34 million in Series B financing led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst. Notable angel investors Adam Boehler (former director of CMMI & CEO of Landmark Health) and Sam Palmisano (former CEO of IBM) also participated in the round.
- ClosedLoop’s explainable AI reimagines the concept
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Ultrahuman Secures $17.5M for Fitness Wearable Glucose Tracker
What You Should Know:
- Health tech startup Ultrahuman has raised $17.5 million in Series B funding as it sets out to re-invent fitness-tech via its glucose tracking wearable that helps people improve their diet and exercise. The series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures, and Utsav Somani’s iSeed fund.
- Founded in 2020 by Mohit Kumar and Vatsal Singhal who were
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Unite Us Acquires Health Analytics Platform Carrot Health
What You Should Know:
- Unite Us, a New York City-based company connecting health and social care services, today announced the acquisition of Carrot Health, an action-oriented health analytics company focused on removing barriers to health and optimizing care. Financial details of the acquisition were not disclosed.
- The combination of predictive analytics powerhouse Carrot Health and Unite Us’ end-to-end social determinants of health products will further deepen
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Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease
What You Should Know:
- Today, Ultromics, an Oxford, England-based health-tech startup announced it has raised $33M in Series B funding led by Blue Ventures, the investing arm of Blue Cross Blue Shield, and also includes investment from Optum Ventures, GV, and Oxford Sciences.
- Born at the University of Oxford and built-in partnership with the U.K.’s NHS, Ultromics has developed the first fully automated solution for echocardiography and analysis of global longitudinal strain (GLS).
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Cigna & Fresenius Extend VBC Program to Help More People with Kidney Failure
What You Should Know:
- Today, Fresenius Medical Care North America (FMCNA) and Cigna announced an expansion of their value-based care(VBC) program to improve health outcomes and lower the cost of care for those living with kidney failure, or end stage renal disease (ESRD), through at least 2023.
- First launched in 2017 as part of Cigna Collaborative Care, the VBC program will now include additional incentives to support more kidney disease specialists
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Good Health Pass Releases Blueprint for Digital Health Passes to Restore International Travel
What You Should Know:
- The Good Health Pass Collaborative announced the release of the Good Health Pass Interoperability Blueprint, a proposed new set of interoperability specifications which, as they are adopted, will allow airlines and governments to verify travelers’ COVID status (proof of vaccination, testing, and recovery), while simultaneously ensuring that core principles – such as privacy, security, user-control, and equity – are protected.
- Over the past six
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Kareo Acquires RPA-Powered Medical Billing Provider PatientlySpeaking
What You Should Know:
- Kareo, a provider of cloud-based clinical and business management software solutions for independent healthcare practices and billing companies, today announced the acquisition of PatientlySpeaking, a process automation technology company for billing companies and medical practices.
- Together with Kareo’s intuitive billing platform, PatientlySpeaking provides an integrated data connection for billing companies and medical practices to automate redundant daily tasks
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