What You Should Know:
- Owlet Baby Care Inc. (“Owlet” or the “Company”) and Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC) co-sponsored by affiliates of Sandbridge Capital and PIMCO private funds have entered into a definitive merger agreement go public. The company plans to be traded on the New York Stock Exchange (NYSE) under the symbol “OWLT.”
- The combined company to have an implied initial enterprise value of approximately $1,074 million, with the
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Canadian-Based EMR MEDFAR Raises $25M to Expand Into North America
What You Should Know:
- MEDFAR Clinical Solutions, a Montreal-based Electronic Medical Record (EMR) provider in Canada, announced today a minority investment of nearly $25 million led by Walter Capital Partners.
- MEDFAR’s cloud-based EMR solutions, MYLE and PLEXIA, are built with physicians in mind. MEDFAR R&D is performed in partnership with doctors and healthcare administration and is driven by our clients' needs.
- The MYLE EMR, tailored to general practitioners,
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Healthcare UX- How Can We Optimize Adoption for Patients & Doctors?
Due to the pandemic, recent FDA guidance acknowledges that companies conducting trials may require to put new processes in place regarding their current protocols considering virtual patients, data management, and usability. This raises the question: How to ensure and optimize user experience (UX) for patients and doctors with faster digital health adoption?
We recently spoke with Facundo Navarro, Engagement Manager at intive, a digital transformation firm
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AliveCor, AstraZeneca Partner to Screen for Blood Potassium Levels Via Electrocardiograms
What You Should Know:
- AliveCor, a digital AI-based personal technology provider, and AstraZeneca, a global leader in the biopharmaceutical space, are working together to create more informed disease management solutions across cardiovascular, renal, and metabolism therapeutic areas.
- The collaboration will focus on the development of AliveCor’s potassium detection technology through their Kardia-K AI platform, to screen for elevated levels of blood potassium via electrocardiograms.
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ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021
What You Should Know:
- ECRI Institute identified the complexity of managing medical devices with COVID-19 emergency use authorization as the number one technology hazard in its Top 10 Health Technology Hazards for 2021 report.
ECRI Institute’s Top 10 Health Technology Hazards, now in its 14th year, identifies top health technology concerns that warrant attention from healthcare leaders. The hazards selected are based on a rigorous review of ECRI’s incident
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Holy Name to Offer Needle-Free Blood Draws for Inpatients, First Hospital in NJ
What You Should Know:
- Holy Name Medical Center announced that it is the first hospital in New Jersey among a growing number of health systems nationwide to offer needle-free blood draws for inpatients using the PIVO™ device from Velano Vascular.
- As part of this effort, Holy Name is deploying a new telepresence technology, also provided by Velano, to train staff virtually on the PIVO procedure in accordance with COVID-19 safety protocols.
- By adopting this new standard of care known
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New Digital Health Passport Offers Providence Patients Secure Digital Proof of COVID-19 Vaccination Status
What You Should Know:
- Lumedic launches a first-of-its-kind commercial technology to offer digital vaccine cards to patients receiving COVID-19 vaccinations at sites affiliated with Providence, one of the nation's largest health systems. The technology includes a mobile app that gives patients the option to share vaccination verification status quickly and securely, when and how they want.
- Through the app, patients can request their digital vaccination be delivered securely to their
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Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation
What You Should Know:
- Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B.
- The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B
What You Should Know:
- Shares of Signify Health, a value-based care billing platform for in-home and bundled health services jumped more than 33% in its initial public offering (IPO), valuing the company at over $7.12B.
- Today, Signify Health’s CEO Kyle Armbrester will also join the ranks among the youngest CEOs to ever take a company public – notably alongside Bumble’s CEO who also began trading on the NASDAQ today.
- The company raised 564 million by offering 23.5 million
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Zocdoc Raises $150M to Accelerate Digital Healthcare Marketplace
What You Should Know:
- Zocdoc, the country's leading digital healthcare marketplace, today announced $150 million in growth financing from Francisco Partners.
- The funding follows Zocdoc’s successful transition to a fee-per-booking model, which has dramatically fueled its expansion into telehealth, vaccine scheduling, and national television advertising. The company has quickly become one of the country's largest telehealth platforms, with more than 10,000 providers offering nearly one
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