What You Should Know:
- Digital lab and pathology platform PathologyWatch, today announced $25 million in Series B funding with participation from Ceros Capital Markets, Rock Creek Capital,Springtide Capital, Spark Growth Ventures, Blueprint Health, Blackbrook Management Group, and existing investors.
- AI in diagnostic services grew by 80% in 2020, largely in response to the COVID-19 pandemic, which also brought to our attention the need for more equitable and accessible healthcare. With
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Femtech Startup Rosy Wellness Secures $2M for Women’s Sexual Health
What You Should Know:
- Femtech startup Rosy Wellness, the app changing the sex lives of women across the country, announced today it raised an additional $2 million in seed funding led by Austin-based True Wealth Ventures with additional participation from Portfolia's Femtech II Fund and Mindshift Capital. The company will use the funding to support further development of its flagship platform, grow the team, and facilitate original research in women's sexual health.
- Founder
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Florence Health Adopts Innovaccer Health Cloud to Scale R&D
What You Should Know:
- Florence Health, a next-generation, fully risk-bearing, primary care provider, has partnered with Innovaccer to move its proprietary technology development to the Innovaccer Health Cloud.
- Florence, which will enter 2022 at full risk for more than 25,000 Medicare patients across multiple states and annual revenues of over $350 million, selected the Innovaccer Health Cloud after an extensive search that included all major public cloud providers.
Adopting
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain
What You Should Know:
- AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M.
- Following
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Top 5 Digital Transformation Priorities for Healthcare Leaders
What You Should Know:
- Today Innovaccer Inc., the Health Cloud company, released the 2021 edition of “The Science of Digital Transformation in Healthcare and Why It’s Vital for Payer-Provider Collaboration.”
- The survey report assessed more than 4,000 survey responses from healthcare professionals over the first six months of 2021 for their insights into healthcare organizations’ progress toward digital transformation. It also explores how cloud computing fits into payers’ and providers’
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Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care
What You Should Know:
- Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund).
- Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Biotech Company Nuritas Raises $45M To Scale Its Peptide Discovery Platform
What You Should Know:
- Nuritas, a biotech company that uses proprietary AI to discover plant-based actives (peptides) and make the products we consume healthier and more sustainable raises $45M in Series B funding led by Cleveland Avenue, LLC. The round also included participation from Cultivian Sandbox Ventures, VisVires New Protein, U2’s Bono and The Edge, Salesforce CEO Marc Benioff and Ali Partovi.
- Founded in 2014, Nuritas’ computational approach to discovery uses
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CareDx Acquires Medication Adherence Platform MedActionPlan
What You Should Know:
- CareDx, Inc. (Nasdaq: CDNA), a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has acquired MedActionPlan®, a New Jersey-based provider of medication safety and adherence technology and patient education.
- MedActionPlan programs have been proven to improve adherence, reduce healthcare costs, and increase
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Olive, ClosedLoop Integrate to Bring Predictive Analytics to Hospitals
What You Should Know:
- Today, healthcare automation company Olive announced their partnership with ClosedLoop, a healthcare-specific data science platform that allows hospitals to implement artificial intelligence (AI) technology. As part of the partnership, Olive will be able to leverage ClosedLoop’s technology within Olive Helps to help deliver better patient outcomes, such as reducing unplanned hospitalizations, readmission rates and hospital-acquired infections.
- This partnership
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Bright Health, MedArrive Partner to Deliver Preventative In-Home Care
What You Should Know:
- Bright HealthCare (“Bright Health”), a tech-enabled health insurance carrier, announced a new partnership with MedArrive, a healthcare platform that enables payers and providers to extend medical services into the home. Through the program, which recently kicked off in Charlotte, North Carolina, Bright Health is tapping MedArrive’s network of highly skilled EMS professionals within the community to conduct in-home preventive health visits coupled with physician-led
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