What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery
What You Should Know:
- Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability.
- ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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HGP Semi-Annual Health IT Market Review: 6 Key Trends to Know
Healthcare Growth Partners, an
Investment Banking and Strategic Advisory firm exclusively focused on the
transformational health
IT market, today announced the release of its Semi-Annual Health IT Market
Review report that summarizes M&A and private equity activity across health
IT, health information services, and digital health.
Report Background/Methodology
This edition of the report includes feedback from our survey
of private equity professionals and their response to
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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories
What You Should Know:
- Same day
pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand
into new U.S. territories and accelerate its technology roadmap, transforming
the way consumers get their prescriptions.
-
NowRx’s competitive
advantage is its proprietary pharmacy management system, which leverages AI and
robotics to fill and deliver prescriptions in record time, including
interfacing with insurance, checking for drug
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Wake Forest Baptist Health Launches Drone Delivery for Medicines, PPE for COVID-19
What You Should Know:
- Wake Forest Baptist Health will establish a hospital drone delivery network to carry patient-specific time- and temperature-sensitive medicines and PPE for medical professionals treating COVID-19.
- In partnership with Matternet and UPSFF today started
operating on two routes from one location at Wake Forest Baptist Health to two
other health system locations, marking one of the first hub-and-spoke operating
models for the U.S. drone delivery industry.
Wake
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Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology
What You Should Know:
- Caption Health raises $53 million series B round to
fuel commercialization and expansion of its FDA-approved AI ultrasound
technology. This is on the heels of its receiving FDA clearance, designated as
a breakthrough technology to fight against COVID-19.
- As ultrasounds, especially cardiac ultrasounds, have
become increasingly important during a time of COVID when resources are
stretched, using AI to help more healthcare professionals take high-quality
images is
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GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement
What You Should Know:
- GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement.
- The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth.
- Current customers include Intermountain Healthcare, OSF
Healthcare, Adventist Health, Health First, Integris, etc.
GYANT, a San Francisco, CA-based care navigation
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7 Day Moving Average for COVID-19 Cases Is Up 148% Nationwide
What You Should Know:
- Nationwide, the seven-day moving average for COVID-19
cases is up 148% from June 7th to July 7th. In many states across the country,
the “curve” never flattened. Since June there hasn’t been a flattening effect,
but rather a significant spike in the number of COVID-19 cases.
- States hit hardest with new waves of COVID-19 cases
like Arizona, California, Texas and Florida have the highest percentage of
hospital beds occupied by patients with COVID-19. If there are
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eConsult Platform AristaMD Raises Additional $6M to Close $24M Series B Round
What You Should Know:
- AristaMD, a digital health company that provides a platform to connect primary care providers with timely and documented specialist insights through eConsults, has secured an additional $6M in investments to top off the company’s Series B funding round at $24 million.
- With non-emergency, proactive care and elective
procedures being canceled during the COVID-19 pandemic, there is a backlog of
appointments. eConsults will continue to be an effective triage tool now
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Change Healthcare Offers Providers Free Access to Lab Orders/Results for COVID-19 Tests
What You Should Know:
- Change Healthcare offers healthcare providers free
access to lab orders and results for COVID-19 tests through one of the nation’s
largest lab networks and adds in-home testing.
- The Change Healthcare Clinical Network expands test
ordering through one of the nation’s largest lab networks and adds in-home
testing.
- Providers can choose labs from one of the nation’s
largest lab networks, with over 1,400 lab testing sites, of which over more
than 100 are
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