What You Should Know
- Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors.
- The additional funding enables DispatchHealth to
continue to provide in-home medical care to even more vulnerable, high-needs
patients by growing its existing 19 markets, expanding to new markets, and
launching additional services.
- Many health systems, including Renown Health and
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Somatus Lands $64M to Expand Value-Based Kidney Care Model
What You Should Know:
- Somatus raises $64M in Series C funding led by Longitudinal
Capital to fuel the expansion of its value-based kidney care model.
- Somatus will use the funding to continue to scale its
model nationally and invest in technology and product development to better
support patients and health plan partners.
Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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Verily, Cognizant Collaborate on Baseline COVID-19 Testing Program
What You Should Know:
- Cognizant has announced its collaboration with Verily
Life Sciences to facilitate and help increase easy and efficient COVID-19
testing across the U.S – which will be critical to ensuring the safety of
individuals going out and back to work as states reopen.
- Through this collaboration, Cognizant is providing a
team of its life sciences experts to support Verily’s Baseline COVID-19 Testing
Program to increase access to individuals needing to schedule COVID-19
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BrightInsight Raises $40M for Regulated Digital Health Platform for Biopharma & Medtech
What You Should Know:
- BrightInsight, provider of the leading global regulated
digital health platform for biopharma and medtech, today announced a Series B
funding round of $40 million, led by global venture capital and private equity
firm, Insight Partners.
- Already the partner of choice to four global pharmaceutical leaders—AstraZeneca, Roche, CSL Behring, and Novo Nordisk—the Series B financing will enable BrightInsight to speed up hiring, expand its global footprint and add
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Cedar Nabs $102M to Modernize Patient Financial Experience
What You Should Know:
- Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform.
- Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease.
- The company also announced it has partnered with
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SynsorMed, Charles Barkley Foundation Partner to Combat Health Disparities for Black Americans Impacted by COVID-19
What You Should Know:
- Charles Barkley Foundation forms a partnership with health IT company SynsoMed to combat health disparities for Black Americans impacted by the COVID-19 pandemic.
- Launches Save Our Selves (S.O.S) Council, comprised of Black influencers, technologists, healthcare professionals, and policymakers concerned about the health of Black Americans.
SynsorMed, a Birmingham, AL-based provider of remote patient monitoring (RPM) and chronic care management (CCM)
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Epic MyChart Helps Deliver COVID-19 Drive-Thru Tests at 1,000+ CVS Pharmacies
As states cautiously re-open, convenient access to COVID-19 testing
is critical so that those who are infected can self-isolate quickly to minimize
its spread. EHR leader Epic is helping
deliver COVID-19 test results via MyChart as part of an effort to increase
nationwide testing capacity being led by CVS
Health.
Epic's software allows patients to access test results online in a timely and efficient manner. Patients registering for an appointment at the 1,000+ COVID-19 drive-thru test sites
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Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD
What You Should Know:
- Digital therapeutics company Kaia Health raises $26M in
Series B funding to help grow its digital therapy solutions for musculoskeletal
(MSK) conditions, and expand into new conditions.
- The investment was led by Optum Ventures, Idinvest and
capital300, plus participation from Balderton Capital, Heartcore Capital and
Symphony Ventures, an investment partnership with world #1 golfer Rory McIlroy.
- Kaia Health’s smartphone-based
approach to managing chronic
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Target Offers Team Members Free Access to Virtual Visits Via CirrusMD
What You Should Know:
- Target announced a number of new and extended COVID-19 benefits, including access to CirrusMD’s virtual care platform. The platform will provide text-first virtual health care visits for team members to securely text, share images, or video chat with a doctor.
Target today
announced a number of industry-leading updates and extensions to its pay and
benefits including access to virtual care visits. To support the health and
safety of its team members during a
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IBM Unveils Watson Works for Data-Driven Insights to Address COVID-19 Return to Workplace Challenges
What You Should Know:
- Today, IBM launched Watson Works, a curated set of
products that embeds Watson AI models and applications, to help companies
navigate many aspects of the return-to-workplace challenge following lockdowns
put in place to slow the spread of COVID-19.
- Watson Works provides data-driven insights to help
employers make informed decisions on workplace re-entry, facilities management,
space allocation and other COVID-related priorities.
IBM today unveiled Watson
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