What You Should Know:
- Frazier Healthcare Partners, a Seattle-based healthcare private equity firm announced the close of its tenth global buyouts fund and 13th fund across buyouts and life sciences. Investment focus will continue to be middle market provider-based businesses, with virtual health as a major component. The oversubscribed $1.4 billion fund, FHGB X, is significantly larger than FHGB IX, which closed at $780M in 2018.
- Frazier, 30 years strong this year,
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Biobeat Launches Wearable Ambulatory Blood Pressure Monitoring Device
What You Should Know:
- Biobeat announced the launch of its new wearable and continuous ambulatory blood pressure monitoring (ABPM) device, currently the only cuffless ABPM solution in the world.
- As blood (BP) measurement has shown to be crucial in the early detection and prevention of clinical disorders, Biobeat’s cuffless ABPM device can act as a decisive indicator of patient health, tracking patient cardiac data continuously in real-life settings outside of the physician’s office
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Nebula Genomics Launches World’s First Genomic NFT – Blockchain
What You Should Know:
- Professor George Church, co-founder of Nebula Genomics and Professor of Genetics at Harvard Medical School, will be partnering with GRAMMY-nominated, multi-platinum selling artist, producer, entrepreneur, and philanthropist, Akon and his NFT platform, AkoinNFT, to auction off Professor George Church’s full genome as the world’s first genomic NFT.
- The acclaimed singer and face of Akoin Cryptocurrency and its affiliate AkoinNFT, is thrilled to be collaborating on
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PE Firm Thoma Bravo Acquires Clinical Trial Financial Platform Greenphire – Health M&A
What You Should Know:
- Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector announced that it has reached an agreement to acquire Greenphire, a financial lifecycle management software for clinical trials, from The Riverside Company. Financial details were not disclosed for the pending transaction.
- The acquisition, which is subject to customary regulatory approvals, is expected to close in the second quarter of this year.
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HCA Healthcare Taps Google Cloud to Create New Health Data Analytics Platform
What You Should Know:
- HCA Healthcare, one of the nation’s leading healthcare providers, is partnering with Google Cloud to help create a secure health data analytics platform.
- The partnership will leverage HCA Healthcare’s 32 million annual encounters to identify opportunities to improve clinical care. Note that privacy and security are guiding principles of the partnership, and Google Cloud will not have
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RelayHealth, McKesson Rx Automation, RxCrossroads Unifies Under CoverMyMeds Brand
What You Should Know:
- Today, CoverMyMeds announced that RelayHealth, McKesson Prescription Automation, CoverMyMeds, and RxCrossroads by McKesson have unified as one business and one team under the CoverMyMeds brand.
- Together, the technology innovation and robust connections to providers, pharmacies, payers, and biopharma provided by RelayHealth and CoverMyMeds; RxCrossroads’ deep therapeutic and drug commercialization expertise; and McKesson Prescription Automation’s
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Grand Rounds Health & Doctor On Demand Acquires Included Health to Support D&I for LGBTQ+ Community – Health M&A
What You Should Know:
- Today, Grand Rounds Health and Doctor On Demand announced they acquired Included Health, the first comprehensive healthcare navigation platform for the LGBTQ+ community. Together, they will address LGBTQ+ health challenges and improve outcomes.
- The LGBTQ+ community disproportionately experiences discrimination and health-related stigmas. In a national study with over 1,500 LGBTQ+ employees from
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Imprivata Launches First-to-Market Mobile Facial Recognition Solution
What You Should Know:
- Imprivata®, the digital identity company for healthcare, together with technology partners Aware and IDEMIA, today introduced an innovative mobile facial recognition solution, taking advanced security technology and enhancing and simplifying it for application to unique healthcare requirements.
- The solution enables seamless self-enrollment by the prescribers for electronic prescriptions for controlled substances (EPCS). This innovative facial recognition solution
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Iodine Software Acquires Physician Query Platform Artifact Health – Health M&A
What You Should Know:
- Iodine Software, a leading healthcare AI company, today announced it has acquired physician engagement platform company Artifact Health. Financial details of the acquisition were not disclosed.
- The acquisition brings together two industry leaders and expands Iodine’s clinical predictions and insights platform beyond clinical documentation improvement (CDI) teams to directly engage physicians through Artifact’s HIPAA-compliant mobile platform.
- Artifact
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Noom Secures $540M to Expand Behavioral Change Platform for Healthier Habits
What You Should Know:
- Noom, a New York City-based digital health platform focused on behavior change, today announced its $540 million Series F funding led by Silver Lake. The round also included participation from new investors Oak HC/FT, Temasek, and Novo Holdings and existing investors Sequoia Capital, RRE, and Samsung Ventures also participated.
- The company sits at an interesting intersection of several trends in healthcare: digitally-empowered health consumers; the rise of chronic
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