What You Should Know:
- Groups Recover Together (Groups), a national leader in value-based care for opioid addiction treatment, today announced it has raised $60 million in Series C financing. Oak HC/FT led the round, joining existing investors Bessemer Venture Partners, Transformation Capital, RRE Ventures, Optum Ventures and Kaiser Permanente Ventures.
- The latest financing will support the expansion of Groups’ treatment model from locations in 12 states to at least 17 states by the end
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PE Firm CVC Acquires Majority Interest in Icario to Fuel Growth
- Icario, a leading health action company focused on connecting people to health announce that CVC Capital Partners (“CVC”), a leading global private equity firm, has acquired a majority interest in the company through the CVC Growth Partners II fund.
- The news comes at an exciting time for Icario, which rebranded earlier this year following the merger of market leaders Revel and NovuHealth. CVC will help Icario accelerate its business roadmap as it continues to build innovative solutions
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Doctor On Demand Launches Chat-Based Coaching for Subclinical Behavioral Health Needs
What You Should Know:
- Doctor On Demand announced Coaching as their newest behavioral health tool. This chat-based coaching solution is specifically designed for subclinical behavioral health needs and existing Doctor On Demand client ArcBest is the first to offer it to their employees.
- With the addition of coaching, ArcBest employees now have a solution designed specifically to build coping skills and resilience to deal with everyday stressors that’s available 24/7. Coaching offers a
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Walgreens Rolls Out Mobile Clinics to Bring COVID-19 Vaccines to Underserved Communities in Chicago
What You Should Know:
- Walgreens will activate multiple mobile clinics in Chicago. The traveling mobile clinics will focus on bringing COVID-19 vaccines directly to underserved communities and those with barriers to accessing the vaccine. Over the next two months, additional mobile clinics will make stops in a number of locations across the country.
- Individuals will be able to walk up to a mobile clinic and receive a vaccination at that time from a Walgreens pharmacy team member.
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DoD, Duke, John Hopkins, HJF, physIQ Launch 18-Month COVID-19 Clinical Trial Study
What You Should Know:
- Today, PhysIQ Inc. announced its partnership with Johns Hopkins University, Duke University and The Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc. (HJF), to support a clinical trial to evaluate products for early treatment and post-exposure treatment of COVID-19. The 18-month study will assess disease progression and provide early indication of infection. This DOD-funded initiative will assess the role of continuous biosensor
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Bone Health Nabs $2.5M for Vibration Belt to Treat Osteopenia & Prevent Osteoporosis
What You Should Know:
- Bone Health Technologies, a San Francisco-based provider of technologies for improving bone health, announces today the close of its $2.5 million funding round and the appointment of three board members: Karen Drexler, MBA, Nancy Lynch, MD, MBA and Sam Goldberger, MD, MBA.
- 1 in 2 women and 1 in 4 men over 50 will suffer an osteoporosis related fracture. To address this rising issue, the company has created OsteoBoost, the first vibration belt specifically
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35% of Americans Would Prefer A Chip to a Vaccine Passport
What We Should Know:
- A 2021 Vaccine Passport Privacy Study of 1,000 American adults from NordVPN found that two-thirds of Americans (66%) would get a vaccine passport if it were required to travel, and even though the US may not require vaccine passports, 62% would still get one if it's required to visit other countries.
- Conducted by Propeller Insights, the survey reveals 40% expressed concerns it won’t be universal and another 38% are concerned they could be stolen or hacked.
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CareCloud to Pay $3.8M to Settle Whistleblower Case Alleging Kickbacks
What You Should Know:
- Miami-based EHR company CareCloud has agreed to pay $3.8 million to the federal government to settle a “qui tam” lawsuit filed on behalf of a whistleblower by Phillips & Cohen LLP that alleged CareCloud paid kickbacks to healthcare providers to boost sales of its EHR products.
- The “relator” (whistleblower) in the qui tam lawsuit, Ada de la Vega, was a senior manager at CareCloud who has since left the company and was awarded de la Vega approximately 21% of the
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AVA, Braun Launches Solution to Simplify IV Delivery for Patients
What You Should Know:
- B. Braun Medical Inc. (B. Braun), a provider of infusion therapy and pain management, unveiled Peripheral Advantage, a new program that is designed to improve patients’ experience with peripheral intravenous (IV) therapy.
- The comprehensive program combines clinical instruction, data-driven insights and advanced tools to empower nurses to achieve first-stick success and help prevent many of the complications associated with
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CareCar Raises $3M to Expand Tech-enabled Benefit Manager Platform
What You Should Know:
- CareCar, a tech-enabled benefit manager and value-based healthcare services platform, announced that it has raised $3M in seed funding led by Kapor Capital and Impact America Fund, with Concrete Rose participating as a co-investor.
- CareCar specializes in managing non-emergency medical transportation benefits and in-home care benefits (ADLs, IADLs, Home Assessments & Modifications). The platform automates the logistics, HIT, and UM & QA aspects of
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