What You Should Know:
- Innovaccer Inc. announced that UpStream Healthcare, one of the fastest-growing value-based primary healthcare provider solutions in the country, has entered into a multi-year partnership agreement to more than double its population on Innovaccer’s cloud-native platform over the next year, and will use it to scale UpStream’s unique value-based care model nationwide.
- The expanded relationship between the two companies comes on the heels of UpStream’s recent $140
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TRIPP Partners w/ Carnegie Mellon Psychologists on VR-Guide Meditations
What You Should Know:
- TRIPP, the award-winning global XR wellness company, announced an investment and partnership in Equa Health, the company bringing a clinically validated approach to mindfulness training.
- Through the partnership, TRIPP will leverage Equa Health’s mindfulness approach, developed over 15 years with research from Carnegie Mellon University, to launch a series of clinically validated meditations in virtual reality. A combination of science and XR technology, the
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M&A: CVS Pharmacy Acquires MedAvail’s Pharmacy Assets
What You Should Know:
- MedAvail Holdings, Inc.(“MedAvail”), an innovative technology-enabled pharmacy company, today announced it has entered into a definitive agreement with CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates (“CVS”), for the sale of certain assets of MedAvail’s SpotRx pharmacies (the “CVS Transaction”).
- MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park,
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Sharecare Launches VR Program to Bring Innovation to Exercise
What You Should Know:
- Digital health company Sharecare launches Get Active, a new virtual reality program to help employers encourage exercise among their workforces in a fun, approachable, and accessible way.
- In a pilot with its customer Lennar Corporation, one of the nation's leading homebuilders, Sharecare’s Get Active program for Meta Quest 2 yielded strong results for both healthy and high-risk Associates.
Lennar Pilot Program
In a pilot conducted in late 2022
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Exec Hires: Zocalo Health Appoints First-Ever Latina Chief Medical Officer
What You Should Know:
- Zócalo Health, a Latino-founded healthcare service designed for Latino patients, has announced today the appointment of Dr. Sarah Lopez as its Chief Medical Officer making her the first-ever Latina CMO.
- As Chief Medical Officer, Dr. Lopez will lead the expansion of Zócalo’s care model, growth of their clinical team, and the development of the company’s culturally aligned services.
Dr. Lopez Bio/Background
Prior to joining Zócalo Health, Dr. Lopez practiced
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Healthcare AI Transformation: 9 Executive Predictions to Watch in 2023
Piotr Orzechowski, Co-Founder and CEO of Infermedica
Innovation areas to watch: One of the exciting areas of applied machine learning recently is so-called Generative Tech. Some say it’s the biggest change to the Internet since crypto was invented. Generative Tech is developing at an unprecedented pace and many of us already had a chance to enjoy images created by OpenAI’s DALLE-E or content generated by GPT-3 language model. However real-world applications of generative tech in health are
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Dexcom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform
What You Should Know:
- MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M.
- With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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Selux Receives FDA Clearance for its Rapid Antibiotic Susceptibility Test (AST) System
What You Should Know:
- Selux Diagnostics has been granted 510(k) clearance from the US FDA for its Next Generation Phenotyping (NGP) System — a rapid antibiotic susceptibility (AST) testing platform able to determine a bacteria’s susceptibility to a specific panel of antimicrobial agents.
- In vitro antimicrobial resistance test enables clinical labs to deliver targeted therapeutic results days faster than the current standard of care, clearing the path for personalized antibiotic
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Datavant Partners with Socially Determined to Optimize Social Risk on Patient Outcomes
What You Should Know:
- Socially Determined, the social risk analytics and data company partners with Datavant, a company helping organizations securely connect health data.
- The strategic partnership enables Socially Determined to provide curated, de-identified and linkable social risk data on the patient-level. This capability will empower life sciences organizations to comprehensively assess and systematically address the impact of social risk on health outcomes.
Why It
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SetPoint Medical Raises $80M to Advance Platform for Autoimmune Diseases
What You Should Know:
- Today, SetPoint Medical announced $80M in Series C equity and $65M led by new investors, Norwest Venture Partners and Viking Global Investors, with debt financing provided by Runway Growth Capital.
- The company is developing its novel platform for the treatment of chronic, inflammation-mediated autoimmune diseases and is initially focused on a potentially less immunosuppressive option for the treatment of rheumatoid arthritis (RA). More than 1.5 million people in
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