What You Should Know: - BioIntelliSense, a continuous health monitoring, and clinical intelligence company, announced it has recently closed its Series B financing round that was significantly oversubscribed at $45 million. Participation in the Series B financing was prominently led by Chimera (UAE), and joined by 7wire Technology Partners, Mary Tolan of Chicago Pacific Founders, James Murren formerly of MGM Resorts International, as well as Pendrell Corporation, Royal Philips, and Fresenius
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Jasmine Pennic
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Talkiatry Lands $20M to Expand In-Network Psychiatric Care
What You Should Know: - Talkiatry, a leading provider of in-network psychiatric care today announced it raised $20 million as completion of its Series A funding. The round includes an additional $15 million, led by Left Lane Capital with further participation from Dr. Richard Park, founder and former CEO of CityMD. In February 2021, Talkiatry kicked off its Series A round after raising $5 million led by Sikwoo Capital Partners with participation from Relevance Ventures and Dr. Park. - The
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Infor Launches FHIR Server to Support Interoperability
What You Should Know: - Infor, the industry cloud company, announced its FHIR Server, the company’s vision for helping healthcare organizations better leverage and analyze their data. Built on the latest web technologies, Infor FHIR Server is one of the most advanced, modern, and scalable FHIR servers commercially available. - With the new solution, organizations can extend their EHR and clinical systems’ FHIR and API capabilities beyond their current limited support, streamline care
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XRHealth, Reducept Offer Patients Virtual Reality Therapy for Pain Management
What You Should Know: - XRHealth, extended reality and therapeutic apps, announced today that they are working with Reducept to expand their offering to patients for virtual reality therapy for pain management. Virtual reality technology provides exercises that train people suffering from chronic pain on how to gain control over pain, potentially reducing the need for medication. - The XRHealth and Reducept partnership was designed for individuals experiencing ongoing
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Unite Us Launches Social Care Solution to Improve SDoH
What You Should Know: - Unite Us today announced the release of its new end-to-end social care solution that will accelerate both the growth and impact of social care and services in local communities nationwide. - The new solution will expand far beyond patient referrals, to now identify and predict social care needs in communities, coordinate necessary care, leverage data to further improve systems at large, and enable sustainable and impactful funding of social care nationwide. Why
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TailorMed, AllianceRx Walgreens Prime Collaborate to Reduce Patient Out-of-Pocket Costs
What You Should Know: - TailorMed, a leading financial navigation technology company that helps healthcare organizations remove financial barriers to care, today announced they are collaborating with AllianceRx Walgreens Prime – one of the nation’s largest specialty and home delivery pharmacies. - TailorMed’s platform will help the organization reduce the burden of specialty therapies for eligible patients by
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Israeli Startup Aidoc Raises $65M for AI-Powered Medical Imaging Platform
What You Should Know: - Aidoc, a Tel Aviv-based provider of artificial intelligence (AI) solutions for medical imaging, announced it has raised $65M in Series C funding led by General Catalyst, bringing its total funding to $140M. - This Series C round comes on the heels of a surge in demand for Aidoc’s AI-driven solutions, including the largest clinical deployment of AI in healthcare through its partnership with Radiology Partners. - Founded in 2016, Aidoc’s solutions aid
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Axuall Raises $10.4M to Expand Workforce Intelligent Network for Healthcare
What You Should Know: - Axuall, a Cleveland, OH-based workforce intelligent network that enables healthcare providers to share their authenticated credentials and qualifications in real-time has raised $10.4M in Series A funding led by Flare Capital Partners. The round also included participation from co-investors Intermountain Ventures, University Hospitals Ventures, MedStar Health, Epsilon Health, InHealth Ventures, AV8 Ventures, JumpStart, M25 Ventures, and North Coast Ventures. -
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Banjo Health Lands $5M for AI-Driven Prior Authorization Platform
What You Should Know: - Banjo Health, a Washington-based provider of AI-driven prior authorization ("PA") solutions, announced today it has raised in excess of $5 million in Series A financing led by Epsilon Health Investors, with participation from Spark Growth Ventures and Tau Ventures. Epsilon Health Investors Co-Founder and General Partner, Gregory Epstein, will be joining Banjo Health's Board of Directors. - Banjo Health is focused on bringing transparency and automation to PA through
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AMA Assigns CPT Code for FDA-Cleared Solution to Treat Amblyopia (Lazy Eye)
What You Should Know: - RevitalVision today announced that a new CPT reimbursement code for its solution means millions of U.S. adults with amblyopia can now receive the therapeutic vision training they have needed for years. This software is FDA-cleared and clinically proven to improve vision in adult amblyopia. - CPT code numbers provide the most widely recognized pathway to report medical procedures and services for processing claims, conduct research, evaluate
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