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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AVIA Launches Nationwide Digital Health Marketplace
What You Should Know:
- AVIA just announced the launch of AVIA Marketplace, a vendor selection platform available for free. It provides a one-stop shop for hospital and health systems executives to research and select digital health solutions for their transformation journey. The AVIA Marketplace is the first step in a broader suite of offerings to help digital health companies bring the greatest capabilities to market—strengthening both sides of the ecosystem.
- The
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Sharecare Launches Virtual Model of its Medicare-Reimbursable Cardiac Rehab Program
What You Should Know:
- Sharecare, the digital health company that helps people manage all their health in one place, today announced Ornish Lifestyle Medicine by Sharecare, the company’s Intensive Cardiac Rehabilitation (ICR) program, is now available through a virtual delivery model.
- Reimbursable through Medicare and many commercial plans, Ornish Lifestyle Medicine by Sharecare is the first and only ICR program scientifically proven in randomized controlled trials to often reverse the
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Included Health Partners to Deliver First-of-its-Kind LGBTQ+ Health Plan
What You Should Know:
- Included Health today announced a partnership with Tufts Health Plan and Harvard Pilgrim Health Care, both Point32Health companies, to provide fully integrated LGBTQ+ healthcare services, including gender affirming physical and mental health, to commercial health plan members. The partnership is a first-of-its-kind offering, embedding the LGBTQ+ health concierge service in the health plans of Point32 members.
- Effective as
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VisualDx Awarded Grant from Bill & Melinda Gates Foundation to Advance Global Health and Diagnostic Accuracy in Underserved Regions
What You Should Know:
- Bill & Melinda Gates Foundation awarded VisualDx a new grant to develop diagnostic tools for surveillance, detection, and triage of Neglected Tropical Diseases (NTDs) and other rare infectious diseases in India and Nigeria.
- This project comes on the heels of similar public health collaborations with HHS and the state of Vermont. It also marks the second Gates Foundation grant VisualDx has received, following a
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Evergreen Nephrology Taps Innovaccer to Transform Kidney Care
What You Should Know:
- Evergreen Nephrology, a nephrology-focused value-based care organization, has chosen the Innovaccer® Health Cloud and Innovaccer’s full solution suite to accelerate the transformation of kidney care.
- Innovaccer’s cloud-native solutions selected by Evergreen include tools to optimize care management, physician engagement, patient engagement, referral management, advanced analytics, and dashboard-driven insights to optimize delivery of value-based specialty
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Exec Hires: Greenphire Appoints Owen Newman as the CFO
What You Should Know:
- Greenphire, the global leader in financial lifecycle management for clinical trials, today announced the appointment of Owen Newman as the Chief Financial Officer (CFO).
- Newman brings more than 25 years of financial experience, most recently as CFO of Simeio, a global leader in Identity and Access Management. Newman will report directly to Greenphire's CEO, Jim Murphy.
Owen Newman Bio/Background
Newman is a mature business leader experienced at leading
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