What You Should Know:
- Providence-backed Tegria today announced the acquisition of KenSci, a leader in artificial intelligence platforms and apps for healthcare, with roots in Microsoft's Azure4Research program and the University of Washington. Financial details of the acquisition were not disclosed.
- Founded in 2015, KenSci's digital health AI platform helps organizations bring the power their data and improve health outcomes with advanced analytics. KenSci's customers,
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CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation
What You Should Know:
- CitiusTech, a provider of healthcare technology services, solutions and platforms, announced today the strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations.
- As the need for value-based innovative technology solutions grows, combining SDLC’s expertise in payer-focused solutions with CitiusTech’s industry presence and rich portfolio of complementary digital offerings, CitiusTech
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Medable Launches Decentralized Clinical Trials Enablement Program
What You Should Know:
- Medable Inc., a software platform for patient-centered drug development, today announced an industry-first digital certification program that provides life sciences companies with specialized tools, knowledge sharing and skills development to rapidly scale their decentralized and hybrid trial strategies.
- Hybrid/decentralized clinical trials have unleashed an entirely new patient experience, but this new approach to clinical research will only work if
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Naborforce Raises $2M to Expand Social Engagement, On-Demand Support for Older Adults
What You Should Know:
- Naborforce, a Richmond, VA-based company connecting aging adults to a network of trusted care providers for companionship and on-demand support, announced it has raised $2M in seed funding led by Claritas Capital.
- Inspired by JOY to promote engaged, productive and connected aging and living, Naborforce's tech enabled platform connects aging adults to a network of “Nabors” for social engagement and on-demand support with errands, transportation and help around the
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Priority Health Launches “Full Lifecycle” Social Determinants of Health Initiative
What You Should Know:
- Priority Health, a nationally recognized nonprofit health plan, announced today that it has launched a first-of-its-kind “full lifecycle” social determinants of health (SDoH) initiative.
- Recent research has shown that SDoH, or social factors like access to healthy food, transportation options and financial security, may be responsible for up to 80% of health outcomes.Priority Health’s first-of-its-kind program
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DrChrono Raises $12M to Expand Operations of Medical Practice Platform
What You Should Know:
- DrChrono Inc., a company developing an essential platform and services for modern medical practices, today announced it has raised a new round of over $12M in growth capital from ORIX Corporation USA’s Growth Capital team (ORIX Growth Capital.)
- The company plans to use the growth capital to expand all operations and provide enhancements across the other key product areas including EHR, practice management, medical billing and the company’s core partner
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Pear Therapeutics Goes Public Via $1.6B SPAC Deal – Digital Health IPO
What You Should Know:
- Pear Therapeutics, the leader in developing and commercializing prescription digital therapeutics to treat serious disease, and Thimble Point Acquisition Corp (Nasdaq: THMA), a special purpose acquisition company (SPAC) whose management team is associated with the Pritzker Vlock Family Office, today announced that they have entered into a definitive business combination agreement.
- Pursuant to the Business Combination Agreement, upon closing of the
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Recuro Health Acquires Risk Stratification Solution MyLegacy – M&A
What You Should Know:
- Recuro Health (Recuro), an integrated digital health solution that evolves healthcare from a reactive, disease-focused model to a personalized, proactive system, today announced the acquisition of MyLegacy, a risk stratification tool and clinical decision support application which uses proprietary algorithms based on practice guidelines developed by the Cleveland Clinic Genomic Medicine Institute.
- The acquisition will further increase the scope and capabilities of
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Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment
What You Should Know:
- Bicycle Health, a Boston, MA-based virtual care provider of evidence-based treatment for opioid use disorder, today announced a $27 Million Series A investment led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire.
- In addition, Bicycle Health is announcing national in-network insurance coverage from UnitedHealthcare, Aetna, Medicare and Medicaid in select states, helping to make
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LifePoint to Acquire Kindred Healthcare, Invest $1.5B Over 3 Years
What You Should Know:
- LifePoint Health and Kindred Healthcare announced they have entered into a definitive agreement for LifePoint to acquire Kindred Healthcare. Financial terms of the acquisition were not disclosed.
- The acquisition enhances LifePoint’s commitment to providing high-quality care close to home with Kindred’s specialty hospital and rehabilitative expertise and emerging behavioral healthcare platform.
- In addition, LifePoint to invest $1.5 billion over the
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