What You Should Know:
- Fitbit announced it has received clearance from the FDA for its PPG (photoplethysmography) algorithm to identify atrial fibrillation (AFib), a condition that affects more than 33.5 million people globally.
- The algorithm will soon be available to users in the U.S. through Fitbit’s new Irregular Heart Rhythm Notifications feature on eligible heart-rate tracking devices.
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Vytalize Health Raises $50M for Value-Based Care Platform for Seniors
What You Should Know:
- Vytalize Health raises over $50 million to advance its value-based care platform for seniors helping primary care doctors strengthen relationships with their patients through data-driven, holistic, and personalized care.
- Led by Enhanced Healthcare Partners, the financing round signals an enormous opportunity for Vytalize Health to accelerate the adoption of value-based care programs by providers.
Vytalize Health, a leading value-based care platform for
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Diligent Robotics Secures $30M for Robots to Assist Hospital Staff with Routine Tasks
What You Should Know:
- Diligent Robotics raises over $30M to deploy its collaborative robots to healthcare systems across the nation.
- Company plans to use the funding will accelerate product development to meet the demand for healthcare service robots and enhance interoperability, integrations and efficiency in healthcare institutions.
Diligent Robotics, an Austin, TX-based robotic automation company today announced it has closed over $30 million in Series B funding led by Tiger
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AmerisourceBergen Launches $150M Corporate Venture Fund
What You Should Know:
- AmerisourceBergen, a global healthcare solutions company, announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally.
- AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its customers.
AB Health Ventures Investment Thesis
AB Health
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PathAI and GlaxoSmithKline Partner to Accelerate Research and Drug Development
What You Should Know:
- PathAI and GSK announced a multi-year strategic artificial intelligence (AI) partnership today with a focus on accelerating research and- building drug development programs in oncology and non-alcoholic steatohepatitis (NASH).
- As part of the partnership, GSK will leverage both PathAI’s expertise and models to advance GSK’s proprietary AI models and focus on designing better models to deliver improved treatment options for patients with cancer
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Forge Health Secures $11M for Value-Based Behavioral Health Model
What You Should Know:
– Forge Health, a White Plains, NY-based behavioral healthcare provider with a proven, national-payer-validated ability to drive clinical outcomes that span all areas of health, today announced an $11M growth funding round led by HC9 Ventures.
- Innovative behavioral health company works with payers and health systems to enable value-based care for mental health and substance use populations.
Transforming Addiction and Mental Health Treatment
Founded in 2016,
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Viz.ai Raises $100M for Care Coordination Platform at $1.2B Valuation
What You Should Know:
- Viz.ai, a San Francisco-based AI-powered disease detection and care coordination platform raises $1000M in Series D funding led by Tiger Global and Insight Partners. The round also included participation from Scale Ventures, Kleiner Perkins, Threshold, GV (formerly Google Ventures), Sozo Ventures, CRV, and Susa.
- The new funds will be used to support Viz.ai’s significant growth trajectory, expand the Viz Platform to detect
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Epic Selects Lyniate for Integration within Epic Garden Plot Offering
What You Should Know:
- EHR leader Epic has selected Lyniate, a provider of healthcare data interoperability, for integration within its new Garden Plot Software as a Service (SaaS) model for independent medical groups.
- Garden Plot takes on hosting, support, and ongoing configuration and updates so providers can focus on their patients.
Garden Plot Offering Overview
Garden Plot is a new offering for independent medical groups that
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IntelyCare Secures $115M for Intelligent Nurse Staffing Platform at $1.1B Valuation
What You Should Know:
– IntelyCare, a leading intelligent workforce management solution for post-acute facilities raises $115M to solve the nationwide nurse shortage.
– IntelyCare plans to build on this momentum by using the new funding to expand its footprint to new states and invest heavily in its AI-based platform and data science technology.
IntelyCare, a Quincy, MA-based tech-enabled nurse staffing platform for healthcare organizations announced it has secured $115M in a Series C
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Q1 2022 Digital Health Funding Reaches $6B Across 183 Deals
What You Should Know:
- Rock Health report reveals Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M.
- Q1 2022 digital health funding was significantly behind Q4 2021’s $7.3B and the trailing twelve month quarterly average of $7.1B.
Digital health funding reached a total of $6B in Q1 2022 across 183 deals, and an average deal size of $32.8M, according to Rock Health, a full-service venture fund
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