What You Should Know:
Juno Diagnostics, a healthcare technology company developing the next generation cell-free DNA-based noninvasive prenatal test solutions announced it has ceased commercial operations, effective immediately. The company released a statement citing “unforeseen circumstances have led to this difficult decision, and we’re devastated that we can no longer continue our mission-driven work to support expectant mothers like you. As we wind down commercial operations,
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Femtech: HerMD Raises $18M to Transform Women’s Healthcare
What You Should Know:
HerMD, a Cincinnatti, OH-based female-founded physician-led women’s health provider committed to revolutionizing women’s healthcare secures $18M in an oversubscribed Series A-1 round led by existing investor JAZZ, with participation from B-Flexion and Amboy Street Ventures. This new investment brings HerMD’s total funding to nearly $30M.Founded by Chief Medical Officer Dr. Somi Javaid in 2015, HerMD has been revolutionizing the future of women’s healthcare through
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RapidAI Secures $75M for AI-Driven Stroke Care Solutions
What You Should Know:
- RapidAI, a San Mateo, CA-based digital health company developing artificial intelligence (AI) and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases, today announced $75 million in Series C funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data and technology markets.
- The funding aims to drive platform
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Mindful Meditation App Headspace Closes $105M Debt Facility
What You Should Know:
Headspace, a digital healthcare company focused on mental health announced it has closed $105M in senior debt facility from Oxford Finance, a specialty finance firm providing senior debt to healthcare and life sciences companies worldwide.Proceeds from the financing will be used to further support the expansion of Headspace's innovative mental health platform. Additionally, the investment will enable Headspace to be opportunistic in investing in areas where it sees
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K4Connect Raises $8.9M to Expand Tech Accessibility for Senior Living
What You Should Know:
K4Connect, a Raleigh, NC-based mission-centered healthtech company and provider of enterprise operations tech for the senior living communities raises $8.9M in funding co-led by Bryce Catalyst and AXA Venture Partners, with continued support from existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund.This latest round brings the company’s total funding raised to $39M and will be used to drive further adoption in
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M&A: Axxess Acquires Home Health EHR Complia Health
What You Should Know:
- Home healthcare technology provider Axxess announced it has acquired Complia Health, a provider of EMR solutions, technology and services for home care, home health and hospice agencies.
- The acquisition will help both organizations combine resources to help clients accelerate outcomes and provide world-class care team and consumer experiences.Financial details of the acquisition were not disclosed. In addition, the acquisition adds more clients,
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Generative AI Can Transform Public Health, but Guardrails by Design Needed
What You Should Know:
- The next generation of ethical generative artificial intelligence (GenAI) provides new hope to transform public health; however, advances in technology must never come at the cost of patient rights, according to a recent webinar.
- The insights were the consensus amongst top African and American health AI experts who participated in a recent webinar about the impact of GenAI on healthcare hosted by Vantage Health Technology, a social enterprise focussed on
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Wearable Sensor Measures Sweat Lactate Levels During Exercise
What You Should Know:
- A team of Japanese researchers has developed a wearable device that can measure how hard one is exercising by analyzing their sweat.
- Their findings have been published in the journal ACS Sensors. The device continuously monitors the level of lactate in our sweat, which is a good indicator of exercise intensity. This technology can be valuable for athletes and fitness enthusiasts to manage their training and monitor their overall health.
Leveraging
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M&A: Ventra Health Acquires ArcMed
What You Should Know:
- Ventra Health, a business solutions provider for hospital-based clinicians, announced today the acquisition of ArcMed, an India-based billing and automation services organization. This acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies, and provide added scale for automation and growth.
- Ventra Health's new operating model, predictive analytics platform, and intelligent process automation will enable
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M&A: Capsa Healthcare Acquires MASS Medical Storage
What You Should Know:
- Capsa Healthcare, a provider of healthcare workflow solutions, announced the acquisition of MASS Medical Storage, a prominent manufacturer of high-quality medical storage and endoscope cabinet drying systems.
- The strategic acquisition strengthens Capsa Healthcare's global position as a premier provider of innovative and efficient workflow solutions for hospitals, clinics, and surgery centers.- With this acquisition, Capsa Healthcare gains access to MASS
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