What You Should Know:
- Today, CVS Health announced the launch of a new Clinical Trial Services business, driving greater access to clinical trials across the communities CVS Health serves and creating a more efficient, convenient experience to improve participant retention and research effectiveness.
- CVS Health collaborated with the pharmaceutical industry to help facilitate clinical trials for investigational COVID-19 vaccines and treatments. Using a specially designed
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Wheel Secures $50M for White-Labeled Virtual Care Platform
Wheel is Powering the Virtual Care Industry from Wheel on Vimeo.
What You Should Know:
- Wheel, a Austin, TX-based virtual care company, today announced a $50M series B round led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan. The round brings its total funding to $66M to date.
- Today Wheel provides its white-labeled service to companies across a wide variety of industries, including publicly-traded
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Zing Health Acquires Medicare Advantage Plan Provider Lasso Healthcare
What You Should Know:
- Zing Health Enterprises, a physician-founded and led provider of Medicare Advantage health plans, has signed definitive documents to acquire Harrisburg, PA-based Lasso Healthcare Insurance Co.
- Lasso Healthcare offers Medicare Advantage (MA) plans in 34 states and the District of Columbia. Its insurance offerings currently cover over 6,000 members. Lasso Healthcare offers a pioneering consumer-directed Medicare Advantage product, called a Medicare Medical Savings
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Geisinger Health Plan First to Leverage Kyruus-HealthSparq Integration
What You Should Know:
- Kyruus today it announced that Geisinger Health Plan (GHP), serving over 500,000 members in Pennsylvania, is the first organization to leverage the Kyruus-HealthSparq integration and HealthSparq’s new Path to Care provider data and care access solution.
- GHP’s provider profiles now include new provider data that health plans typically don’t have access to, such as the
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CommonHealth Integrates with 150 Providers to Power Secure Access to Personal Health Records
What You Should Know:
- The Commons Project Foundation announced this morning that more than 150 new hospital providers have joined CommonHealth, the Android equivalent of Apple Health, including the VHA, Mass General Brigham, ChristianaCare, and UC San Diego Health.
- CommonHealth, which is free and available for download on the Google Play Store, was developed by The Commons Project Foundation in collaboration with UCSF, Cornell Tech and Sage Bionetworks to give people more control over
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Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform
What You Should Know:
- Cynerio, a leading provider of Healthcare IoT cybersecurity and asset management solutions, today announced it has secured $30 million in Series B funding led by ALIVE Israel HealthTech Fund, Israel's pioneering HealthTech investment fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round.
- Notably, the COVID-19 pandemic caused a nearly 50% increase in the
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DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M
What You Should Know:
- DarioHealth Corp., a pioneer in the global digital therapeutics market, today announced it has entered into an agreement to acquire PsyInnovations, Inc. (dba wayForward), a behavioral health digital platform that includes AI-enabled screening to triage and navigate members to specific interventions, digital Cognitive Behavioral Therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits.
- The wayForward platform
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7WireVentures Launches $150M Connected Consumer Health Fund
What You Should Know:
- Digital health venture capital firm 7WireVentures today announced it has closed a $150M Connected Consumer Health Fund to invest in early-stage digital health businesses that empower an Informed Connected Healthcare Consumer.
- In addition to the fund, 7WireVentures announced the addition of new healthcare organizations to the Connected Consumer Health Coalition, a partnership of top health plans, health systems, employers, and life science organizations. Select
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Eleanor Health Secures $20M for Value-Based Addiction and Mental Health Treatment
What You Should Know:
- Eleanor Health, a Waltham, MA-based outpatient addiction and mental health provider delivering convenient and comprehensive care through a population and value-based payment structure, today announced it has closed an oversubscribed $20M Series B financing. The round included participation from all existing investors including Town Hall Ventures, Echo Health Ventures, and Mosaic Health Solutions, as well as new participation from Warburg Pincus.
- Committed to
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Insurtech Helper Bees Acquires In-Home Care Platform healthAlign
What You Should Know:
- The Helper Bees (THB), an insurtech company creating a better model for home care, today announced the acquisition of healthAlign, a platform, connecting Medicare Advantage health plan members to a full range of of in-home service providers.. Together the two companies will drive aging-in-place innovation by centralizing a full range of in-home services within a single platform; fulfilling through national and local providers, regulated agencies, and
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