What You Should Know:
- Lucira Health, Inc. (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, today announced it has secured a debt facility of up to $80M with Hercules Capital, Inc. and Silicon Valley Bank.
- Lucira's COVID-19 testing platform produces lab-quality molecular testing in a single-use, consumer-friendly, palm-size test kit powered by two AA batteries. The FDA EUA
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Koda Health Raises $3.5M to Expand Advance Directives Platform
What You Should Know:
- Koda Health, a Houston, TX-based advance directives platform empowering patients to take control of their healthcare journey raises $3.5M in seed funding led by Ecliptic Capital alongside participation from Headwater Ventures, Sigmas Capital, CRCM, and a number of angel investors. The funding will be used to double the size of Koda's team over the next six months and expand operations to all 50 states.
- Most commonly found Advance Directives are not detailed
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CVS Health Taps Medable to Bring Decentralized Clinical Trials to Pharmacies Nationwide
What You Should Know:
- Medable and CVS Health announced a strategic collaboration that will make clinical research more accessible to patients of all demographics. Using Medable’s decentralized trial platform available to CVS Health’s thousands of community MinuteClinics nationwide, most people will be within just five minutes of a decentralized clinical trial research site – finally busting the longstanding barrier to research for millions of Americans
- Where applicable, CVS Health will
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MedStar Health Launches Patient Experience Platform Powered by b.well
What You Should Know:
- MedStar Health launches a new patient experience platform, a patient-focused tool that has the most comprehensive product features available in the region to greatly improve the patient experience and access to care, powered by b.well Connected Health, a Baltimore-based digital health platform company focused on re-imagining the consumer healthcare experience and supporting healthcare stakeholders with their digital transformation efforts.
- Using a smartphone,
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Data Integrity, Security, and Confidentiality: The Building Blocks of Healthcare Data Management
Stethoscopes, needles, tourniquets, and blood pressure cuffs are what typically come to someone’s mind when thinking of items used to assess, diagnose, and treat patients in a healthcare setting. While these physical tools within a hospital or private practice are important, unstructured data also plays a critical, yet often understated, role in the overall care experience of a patient.
Lab results, transcripts, radiology imagery, and physicians’ notes all fall under the category
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UBC Partners with Seqster to Advance Patient-Centric Clinical Trials
- UBC, late-stage research and patient support services organization partners with Seqster PDM, Inc. ("Seqster"), a patient-centric healthcare technology company, to provide nationwide health record interoperability with patient engagement.
- UBC will utilize the technology to enable clinical and observational research to transition from traditional site-based studies to decentralized clinical trials (DCTs). Seqster's turnkey white label solution facilitates the rapid move to a fully
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ConcertoCare Raises $105M for Value-Based At-Home Care for Seniors
What You Should Know:
- ConcertoCare, a value-based care provider of at-home care for seniors and other adults with unmet health and social needs raises $105M in Series B funding led by Wells Fargo Strategic Capital. The round also includes investments from Obvious Ventures, Vast Ventures, The Schusterman Family Foundation, SteelSky Ventures, Pennington Partners, and returning investor Deerfield Management. The funding announcement comes on the heels of ConcertoCare acquiring home-based
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Withings Acquires Health and Fitness App 8Fit to Strengthen Personalized Wellness Capabilities
What You Should Know:
- Withings, the leader in at-home connected health, today announced the acquisition of 8fit, worldwide health, fitness, and wellness app with more than 40 million downloads. Financial details of the acquisition were not disclosed.
- The acquisition is part of a $30M investment Withings is announcing over the next three years in its strategy to combine cutting-edge medical devices with personal health and wellness plans. This news follows last month’s announcement of
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Neura Health Raises $2.2M to Expand Virtual Neurology Clinic
What You Should Know:
- Created to close the massive access and quality gap in neurological care, Neura Health announced it has raised $2.2M in seed funding from investors Pear VC (Doordash, Guardant Health), Norwest Venture Partners (Calm, Talkspace), Global Founders Capital, Index Ventures (Figma, Robinhood), digital health expert Nikhil Krishnan, and Next Play Ventures, the fund of former LinkedIn CEO Jeff
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Magellan Health to Deliver Prescription Medications via Drones
What You Should Know:
- Today Magellan Rx Management, the full-service pharmacy benefits management division of Magellan Health, and Zipline, the global leader in instant logistics, announced their collaboration to deliver prescription medications, including specialty medications that treat chronic, complex conditions, directly to patients’ homes via autonomous aircraft beginning in 2022.
- The collaboration marks Magellan Rx as the first national pharmacy benefits manager (PBM) to
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