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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Cleerly Launches with $43M for Digital Care Pathway Solution for Heart Attack Prevention
What You Should Know:
- Cleerly, a New York City-based company launched today with $43M in Series B funding and unveiled its first-of-its-kind digital care pathway solution for heart attack prevention. The Series B funding, which was led by Vensana Capital with participation from LRVHealth, New Leaf Venture Partners, DigiTx Partners, the American College of Cardiology, Cigna Ventures, and existing investors, brings Cleerly’s total funding to $54M.
- Using more than
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eCaring Acquires Home Care Agency Platform Home Care IT – M&A
What You Should Know:
- eCaring, an integrated software platform that aligns the entire in-home care team, has acquired Home Care IT, a secure, web-based software product for home care agencies based in Lexington, MA.
- Home Care IT™ is a feature-rich, web-based, home care management software for non-medical home care and personal care agencies. The product consolidates and simplifies many of the important tasks required for the management of a home care agency and drives
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Health Union Acquires Patient Advocate Network WEGO Health – M&A
What You Should Know:
- Health Union, the leader in building online health solutions for people living with chronic conditions, announced that it has acquired WEGO Health, the world's largest network of patient leaders - advocates, community leaders, creators and influencers. Financial details of the acquisition were not disclosed.
- Founded in 2007, WEGO Health connects the healthcare industry with the experience, skills and insights of patient leaders across virtually all health
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Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform
What You Should Know:
- Former athenahealth founder and CEO Jonathan Bush, today announced the launch of Zus Health (“Zus” pronounced Zoos like the father of Athena) focused on creating the industry’s first shared development platform backed by a shared data record.
- The company is launching with the close of $34M in Series A funding led by Andreessen Horowitz (a16z), F-Prime Capital, Maverick Ventures, Rock Health, Martin Ventures and Oxeon Investments also participated in
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Form Health Raises $12M to Expand Obesity Telemedicine Platform
What You Should Know:
- Form Health, a pioneer in the emerging field of obesity telemedicine, announced $12M in Series A funding led by M13 with participation from SignalFire and NextView Ventures.
- Form Health is specifically aiming to help chronically ill patients with obesity with a science-backed, personalized program combining virtual care from board certified physicians with FDA-approved medications. By accepting most insurance and offering its services
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