What You Should Know:
- Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense.
- As part of the agreement, EarlySense will receive licensing for
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Illumina, Sequoia Capital China Launches Genomics Incubator in China
What You Should Know:
- Illumina and Sequoia Capital will collaborate to build an ecosystem for life science startup companies advancing breakthrough applications in genomics.
- Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina will leverage the expertise of Illumina for Startups in building genomics companies with the unparalleled track record of Illumina Accelerator in San Francisco Bay Area and Cambridge, UK.
- Sequoia Capital China will dedicate to
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Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai
What You Should Know:
- Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum.
- Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients, including payers, pharma and providers.
- As part of the acquisition, Anthem will now become a strategic partner with Sharecare.
Sharecare, the digital health company that helps people manage all
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GetWellNetwork Acquires Consumer Engagement Platform Docent Health
What You Should Know:
- GetWellNetwork is acquiring Docent Health, a digital health company. Docent provides a patient engagement platform used by healthcare organizations to coordinate personalized care at scale through AI-enabled communication technology.
- The acquisition advances GetWellNetwork's mission to empower patients and families to be more active participants in their care, and extends important health programs for disadvantaged populations and those suffering health
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emids Acquires Healthcare Software Development Firm Macadamian
What You Should Know:
- Healthcare IT company emids announced the acquisition of Canadian-based Macadamian, a global full-service healthcare software design and development consulting firm.
- The acquisition reflects emids’ response to accelerated investment in digital health and provides it with a competitive advantage as the addition of design capabilities allows it to support the entire continuum of customers’ digital transformation efforts.
- A milestone in the company’s growth
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Lyra Health Raises $187M at $2.3B Valuation for Digital Mental Health Platform
What You Should Know:
- Lyra Health just announced another massive funding round of $187M, bringing its total to approximately $462 million and the valuation to approximately $2.3 billion.
- The company, which previously raised a series D round in August of $110M at a valuation slightly above $1 billion has now more than doubled in value.
- Lyra Health also announced a new partnership with global benefits company ICAS, which now allows it to provide some level of mental health parity to
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M
What You Should Know:
- DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space.
In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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VillageMD to Launch First Primary Care Clinic in Chicago
What You Should Know:
VillageMD announced its plans to open its first primary care clinic in Chicago through the acquisition of Primary Care Medical Associates at 1460 N. Halsted Street, Suite 202 in Chicago.
As part of the acquisition, Dr. Robert Perlmuter and providers will join Village Medical offering comprehensive primary care across a broad range of physician services, along with 24/7 care through telehealth and virtual care. The addition marks the 45th Village Medical office
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CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends
What You Should Know:
- New CHIME-KLAS interoperability report reveals steady
progress in some areas related to interoperability and leaps forward in others.
- A total of 67% of provider organizations reported they
often or nearly always had access to needed records in 2020, up from 28% in
2017. Providers noted improvements in functionality and usability for tasks
like locating and viewing records.
Both providers and the companies that produce the hardware and software needed
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MetroHealth System, CareSimple Launch Remote Patient Monitoring Program
What You Should Know:
- CareSimple and MetroHealth System announced that they have entered into a strategic remote patient monitoring integration partnership.
- Under the terms of
the agreement, CareSimple will empower the Cleveland, Ohio public health system
with simple, patient-friendly RPM solutions to improve health outcomes for
their high-risk senior and chronically ill populations.
The MetroHealth System, a nationally recognized public health care system located in
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