What You Should Know:
- Today, Medtronic announced that it will
acquire Companion Medical, the manufacturer of InPen, a smart insulin pen
system paired with an integrated diabetes management app.
- The addition of Companion’s InPen system builds
upon Medtronic's strategic acquisitions of Nutrino and Klue to further
improve overall automated decision-making capabilities and optimizes dosing
decisions using algorithms and AI for patients.
Medtronic,
today announced the
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Lumeon Lands $30M to Expand Care Pathway Management Platform
What You Should Know:
- Lumeon, the leader in care pathway orchestration
announced it has raised $30M in Series D funding to extend the reach of its
Care Pathway Management (CPM) platform.
- The platform empowers providers to improve care
quality, deliver better outcomes, reduce costs, and ultimately develop and
scale new models of care delivery – particularly important right now as
COVID-19 accelerates the technology-driven transformation of healthcare.
Lumeon, a Boston,
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Philips Launches Virtual Care Station to Deliver Personalized Telehealth
What You Should Know:
- Philips announced the launch of Virtual Care Station, a
telehealth environment delivering virtual care services to patients in
convenient neighborhood locations, such as retail settings, libraries, town
halls and universities.
- Using proven Philips technology developed for the ATLAS
program (Accessing Telehealth through Local Area Stations), which was created
to serve healthcare needs of U.S. Veterans, Virtual Care Station provides all
patients, including those
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DreaMed Diabetes Supports Research on Efficacy of Virtual Diabetes Care
What You Should Know:
- DreaMed Diabetes, the developer of personalized, AI-based diabetes management solutions, will participate in a clinical study, led by Jaeb Center for Health Research Foundation, to evaluate the efficacy of virtual treatment for diabetes patients. The research is funded by a grant from The Leona M. and Harry B. Helmsley Charitable Trust.
- DreaMed uses AI-powered technology to seamlessly treat
patients remotely with its virtual diabetes management service by
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Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions
What You Should Know:
- Salesforce and CVS Health announced
a strategic relationship to help organizations, including employers and
universities, return critical populations to the workplace or campus. With this
new joint offering, which combines Salesforce Work.com capabilities
with CVS Health’s Return Ready, worksite and campus
locations will be able to provide complementary services for wellness
assessments, COVID-19 testing and manual contact
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Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost
What You Should Know:
- Blue Shield of CA and kidney care provider Cricket
Health announced a partnership to offer a personalized, virtual,
multidisciplinary care available for members with kidney disease or kidney
failure at no extra cost
- By offering remote care, via phone or virtually online,
Cricket Health’s approach to kidney care is designed to keep Blue Shield
members living with kidney disease healthy at home, and out of clinics or
hospitals whenever possible.
Health
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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform
What You Should Know:
- Ginger announces $50 Million in Series D funding to expand
access to its on-demand mental healthcare system led by Advance Venture
Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing
investors.
- Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans.
Ginger, a San Francisco, CA-based provider of
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Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians
What You Should Know:
- Cerner and Xealth announce a collaboration to foster
tighter physician-patient relationships by giving patients easier access to
digital health tools.
- These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health, maternity care, and surgery preparation.
- Cerner and LRVHealth have together invested $6 million
in Xealth as part of this agreement, with Cerner and Xealth planning
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Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know
What You Should Know:
- Teladoc Health to merge with Livongo for $18.5B in cash
and stock to create a powerhouse leader in consumer-centered virtual care.
- Teladoc Health shareholders will own approximately 58
percent and existing Livongo shareholders will own approximately 42 percent of
the combined company.
- Jason Gorevic, current CEO of Teladoc Health, will be
the CEO of the combined company.
Teladoc Health
(TDOC) and Livongo (LVGO), today
announced that they have entered
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Sight Diagnostics Nabs $71M to Expand FDA-Cleared Finger-Prick Blood Analyzer
What You Should Know:
- Sight Diagnostics, the company behind the first
FDA-approved fingerstick Complete Blood Count analyzer, announced it has raised
$71 million in Series D funding from leading strategic investors including Koch
Industries, OurCrowd, and others.
- The Series D round – which more than doubles the
company’s total funding to date – will support the expansion of Sight’s
commercial operations globally, with a specific focus on the US and UK, and
advance its R&D into the
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