What You Should Know:
- Conversa Health raises $12 million in Series B funding
round to expand its AI-powered chatbots enabling health systems, payers and pharmaceutical
companies to engage patients and collect patient-generated health data and
patient-reported outcomes.
- Conversa plans to use the funding to scale its virtual
care and communication platform—97 percent of patients who have used its chatbots
say they can better manage their care with Conversa.
- Murray Brozinsky
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Cue Health Lands $100M to Scale Rapid, Portable, Point-of-Care COVID-19 Test
What You Should Know:
- Cue Health raises $100M to commercialize its portable, molecular diagnostic test capable of detecting SARS-CoV-2, the virus that causes COVID-19, in less than 25 minutes using a simple nasal swab.
- The test is part of the Cue Health Monitoring System, which is designed to be a portable device that can perform a molecular test and connect patients to a mobile health platform that features interventional components such as telemedicine
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Kyruus Raises $30M to Expand Provider Search and Scheduling Solutions
What You Should Know:
- Kyruus, a provider search and scheduling solutions company raises $30 million in new funding from Francisco Partners, a technology-focused private equity firm.
- Kyruus will use the investment to expand its patient access platform to help health systems enhance the patient experience, both during and beyond the COVID-19 pandemic.
Kyruus, a Boston, MA-based suite of provider search and scheduling solutions for health systems, today announced
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athenahealth Launches Its First Embedded Telehealth Solution at No Additional Cost
What You Should Know:
- Today, athenahealth unveiled athenaTelehealth, a new embedded offering that empowers healthcare providers to seamlessly conduct telemedicine visits with their patients. athenaTelehealth will be available at no additional cost for a limited time to allow providers to deliver care during COVID-19 and beyond.
- As stay-at-home orders and fear of exposure to coronavirus took root, government deregulation and high patient demand led to a surge in telehealth
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Care Coordination Network PatientPing Raises $60M to Fuel Expansion
What You Should Know:
- PatientPing raises $60M in Series C funding to fuel expansion to new geographies and extends the capabilities of their care coordination network solutions.
- As the nation’s leading care collaboration and
patient event notifications (e-notifications) platform, PatientPing’s
comprehensive suite of solutions leverage real-time patient data and are used
by provider organizations, hospitals, health plans, governments, individuals
and the organizations supporting
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Siemens Healthineers and Geisinger Ink 10-Year to Drive Digital Health Innovation
What You Should Know:
-Siemens Healthineers and Geisinger announced a 10-year agreement to drive digital health collaborations, including artificial intelligence-enabled applications.
- The partnership will make better health easier throughout Pennsylvania and in all communities that Geisinger serves.
Siemens
Healthineers and Geisinger have
established a 10-year Value Partnership to advance and support elements of
Geisinger’s strategic priorities related to continually improving
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Colorado Health Plan Deploys Texting for COVID-19 Medicaid Outreach for Its Members
What You Should Know:
- Colorado
Access has deployed a text message program to its Medicaid members to quickly
distribute basic facts on COVID-19 and health risk information, as well as
resources for people who might be struggling with their mental health during
the pandemic and information on where to get food and unemployment support.
- Through
its partnership with Welltok, the health plan sent more than 700,000 texts over
three weeks in English and Spanish. Using Welltok’s data
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Novant Health Launches Nation’s First Emergency Drone Operation for COVID-19 Pandemic Response
What You Should Know:
- North Carolina-based health system Novant Health
launches the nation’s first emergency drone logistics operation by a hospital
for its COVID-19 pandemic response.
- The operation provides contactless distribution of
personal protective equipment and critical medical supplies to Novant Health
frontline medical teams in the Charlotte metro area.
- The FAA approved the pandemic response operation
through Part 107 waivers granted to Novant Health. Zipline, which
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Israel Aerospace Develops AI-Based Model to Predict Progression of COVID-19 Patients
What You Should Know:
- Israel Aerospace Industries (IAI) scientists develop an AI-based model to predict the progression of COVID-19 patients using information from the Sheba Medical Center’s cloud database, harnesses advanced AI, big data, and machine learning technologies.
- The predictive capabilities of the model can alert
medical staff on the deterioration of the patient’s condition, thus enhancing
patient care and flagging the cases with higher chances of medical
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Report: State of Health IT Private Equity in the Era of COVID-19
In May, as the U.S. cautiously started to reopen amid intense controversy, HGP polled hundreds of private equity funds across all stages of investment to find out how COVID-19 has impacted deal flow. Eighty respondents provided their perspective on topics ranging from an appetite for new investments to access to debt to the impact on portfolio companies.
Respondent Demographics
Effect of COVID-19 on Valuations
When asked how they expect overall and Health IT valuations to behave in
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