What You Should Know:
- GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday.
- The combined company will be named UpHealth, Inc. and
will continue to be listed on the NYSE under the new ticker symbol “UPH”.
Blank check acquisition
company GigCapital2 agreed to merge
with Cloudbreak Health, LLC, a unified
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Signify Health Acquires Healthcare Payment Blockchain Company PatientBlox
Signify Health, a leading provider of technology-enabled healthcare solutions designed to keep people healthy and happy at home has acquired PatientBlox, an Atlanta-based technology company with deep expertise in applying distributed ledger technology in healthcare. The acquisition accelerates Signify's prospective provider payment capabilities for episodes of care, supporting the company's commitment to advance value-based care through novel payment and risk arrangements. Financial details of
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GE Healthcare Acquires Swedish Photon Counting CT Startup Prismatic Sensors AB
What You Should Know:
- GE Healthcare acquires Swedish startup Sensors AB, specializing
in photon counting detectors for an undisclosed amount.
- The acquisition underscores the company’s continued
investment and dedication in photon-counting CT technology (PCCT)
- PCCT is anticipated to further expand the clinical capabilities of traditional CT technology
GE Healthcare
today announced its acquisition
of Prismatic Sensors AB, a Swedish-based
startup specializing in photon
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Medable Raises $91M for Global Decentralized Clinical Trials Platform
What You Should
Know:
Medable announced
$91 million in new funding to accelerate the life sciences industry’s shift to
digital and decentralized clinical trials, bringing Medable’s total capital
raised to more than $136M.
- Medable has played a pivotal role in enabling clinical trials during the COVID-19 pandemic, facilitating the continuation of existing research via remote care as well as accelerating the development of vaccines and therapeutics for COVID-19.
Medable,
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Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits
What You Should Know:
- Spring Health raises $76M to help employers modernize
their behavioral health benefits with the most comprehensive solution for
employee mental well-being.
- Spring Health provides a single front door to any type
of care — from digital exercises to ancillary employee assistance program (EAP)
services, to coaching, therapy, or medication — leading to faster outcomes,
higher engagement, and healthier, happier employees.
Spring Health, a
leading provider of
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Microsoft Launches Dedicated HealthTech Startup Program in India
What You Should Know:
- Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India.
- Selected startups into the program will benefit from
focused healthcare industry teams, co-innovation and collaboration, and
Microsoft AI for healthcare.
Today, Microsoft has announced the launch of a
dedicated healthtech
startup program to drive healthcare innovation in India. India faces
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Study: Asthma Patients Maintain High Medication Adherence Using Propeller Health’s Platform
What You Should Know:
- New study out from Propeller and Chicago's NorthShore
University HealthSystem shows that asthma patients maintain higher medication
adherence and decrease their rescue inhaler use when using a digital health
platform.
- The study looked at 100 patients recruited from
NorthShore practices, half of whom used Propeller to manage their condition and
half of whom did not.
- The treatment group maintained their high medication adherence at 68%, while the control
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Cerner Launches Video Visit Platform for CommunityWorks Clients
What You Should Know:
- Cerner launches new Video Visit platform for CommunityWorks clients at no cost through 2021 to support rural health organizations.
Today in honor of National Rural Health Day, Cerner has announced the launch of their new telehealth offering to support rural health organizations through these tough times. The Video Visit platform will be offered to Cerner CommunityWorks℠ clients at no cost through 2021. The platform, which was announced at a virtual event for
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Nuance Sells Off Transcription and EHR-Go-Live Businesses to DeliverHealth
What You Should Know:
- Nuance announced that it’s planning to sell two sections of its healthcare business – Health Information Management (HIM) and Electronic Health Record (EHR) Go-Live Services to a new independent company, called DeliverHealth, in early 2021.
- Nuance will be a minority shareholder of DeliverHealth
and continue to provide its technology to the company.
Nuance
Communications, Inc., today announced the planned sale
of the Health Information Management (HIM)
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COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data
What You Should Know:
- COTA, Inc., a healthcare technology company that uses
real-world data to bring clarity to cancer care, has secured $34M in funding.
- Access to over one million patient data records and additional
funding support enhanced real-world data and analytics services in oncology.
COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led by
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