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Syed Hamza Sohail

Paytient Raises $63M to Expand Health Payment Accounts (HPAs)

by Syed Hamza Sohail 01/10/2023 Leave a Comment

Paytient Raises $63M to Expand Health Payment Accounts (HPAs)

What You Should Know: - Paytient, the creator and leading provider of Health Payment Accounts (HPAs), today announced a $40.5M Series B funding round, bringing the company’s total funding to $63M. The funds, consisting of $33M in equity from new and existing investors and $7.5M in debt from Silicon Valley Bank, will be used to scale growth and product development in 2023 and beyond. - The round was led by Utah-based growth fund Mercato Partners Traverse Fund, with participation from
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Backed by CVS Health, Array Behavioral Care Raises $25M for Virtual Psychiatry/Therapy

by Syed Hamza Sohail 01/09/2023 Leave a Comment

Array Behavioral Care

What You Should Know: - Array Behavioral Care, the nation’s leading virtual psychiatry and therapy practice, announced today the closing of its latest $25M equity round to further scale modern behavioral healthcare across the continuum, with CVS Health leading the round. Existing investors also joined the round and contributed additional capital. - The financing builds upon a long history between Array and CVS Health and opens doors to new levels of collaboration to expand access to
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KeyCare Completes $27M Round to Expand Epic-based Virtual Care Platform

by Syed Hamza Sohail 01/09/2023 Leave a Comment

KeyCare Raises $24M for Epic-Integrated Virtual Care Platform

What You Should Know: - KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the completion of its Series A funding round following new investments from Ziegler and two additional health systems. This expanded backing brings KeyCare's total Series A raise to over $27 million. - These investors join 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures in support of KeyCare's mission to improve patient access, expand
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NuraLogix Unveils Telehealth Platform Performing Continuous Health/Vital Signs During Video Calls

by Syed Hamza Sohail 01/05/2023 Leave a Comment

NuraLogix Unveils Telehealth Platform Performing Continuous Health/Vital Signs During Video Calls

What You Should Know: - NuraLogix, global pioneers of contactless health monitoring whose technology can take over 30 medical-grade health vitals using any video-enabled device, unveils Anura™ Telehealth, a platform that performs continuous health and vital sign measurements while on a video call. - This is the latest addition to its AnuraTM platform that uses conventional video cameras to extract facial blood flow information to accurately calculate a host of medical vitals and health
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C2i Genomics & AstraZeneca Partner to Advance Cancer Therapy

by Syed Hamza Sohail 01/05/2023 Leave a Comment

C2i Genomics & AstraZeneca Team Up to Advance Cancer Therapy

What You Should Know: - C2i Genomics, a cancer intelligence company, today announced a strategic collaboration with AstraZeneca, a global life sciences and pharmaceutical leader.  - The two companies have collaborated to evaluate the potential of whole-genome minimal residual disease (MRD) testing across solid cancers. - Expanding on a completion of AstraZeneca’s accelerator BeyondBio SCALE program for start-ups and successful technology validation, C2i Genomics and AstraZeneca
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Hint Connect Expands Direct Primary Care Network in Colorado with Nextera Healthcare

by Syed Hamza Sohail 01/04/2023 Leave a Comment

Hint Connect Expands Direct Primary Care Network in Colorado with Nextera Healthcare

What You Should Know: - Hint Health, the company powering the direct primary care (DPC) movement, today announced a partnership between Nextera Healthcare, Colorado’s first DPC provider and one of the fastest-growing DPC organizations in the U.S., and the company’s DPC network, Hint Connect. - The partnership will allow Nextera Healthcare to more easily support large employers and health plans across the country while deepening Hint Connect’s network in Colorado, one of the strongest
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Valencell Unveils Calibration-Free, Cuffless Blood Pressure Monitor

by Syed Hamza Sohail 01/04/2023 Leave a Comment

Valencell to Unveil Calibration-Free, Cuffless Blood Pressure Monitor

What You Should Know: - Valencell, the company whose optical heart rate technology enabled the ability of wearables to accurately measure cardiovascular vitals during exercise, today announced plans to launch its own branded product line in the digital health sector as it concentrates efforts to bring solutions to market to manage chronic diseases. - The company’s first product candidate being showcased at CES is focused on helping people monitor and manage hypertension by combining
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Asia/Oceania EMR 2022: Regional Market Share & Vendor Performance

by Syed Hamza Sohail 12/30/2022 Leave a Comment

Asia/Oceania EMR 2022: Regional Market Share & Vendor Performance

What You Should Know: - As healthcare organizations have come out of the peak of the COVID-19 pandemic, EMR purchase decisions in Asia have ramped up. In Oceania, most public hospitals have an EMR in place, but purchase energy remains high since many public and private provider organizations are planning large-scale purchases of go-forward EMRs. - This report—KLAS’ first focused exclusively on Asia and Oceania—highlights (1) market share and vendor energy in recent EMR purchase decisions
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Patient Engagement Survey Reveals Current Patient Preferences for Access and Convenience  

by Syed Hamza Sohail 12/30/2022 Leave a Comment

third annual U.S. Consumer Trends in Patient Engagement Survey

What You Should Know: - Stericycle Communication Solutions (acquired by Carenet Health in December 2022), an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. (Nasdaq: SRCL), recently announced the findings of its third annual U.S. Consumer Trends in Patient Engagement Survey, conducted by Ipsos, which surveyed 1,004 U.S. adults aged 18 and older. - The survey examined patients’ current preferences when engaging with their medical providers,
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Midsize/Large Practice Management 2022: Which Vendors Stand Out in an Established Market?

by Syed Hamza Sohail 12/29/2022 Leave a Comment

Midsize/Large Practice Management 2022: Which Vendors Stand Out in an Established Market?

What You Should Know: - Most practice management (PM) solutions have a long tenure in the market, yet not all vendors successfully meet practices’ needs—which include strong technology and a vendor who acts as a partner in customer success. Historically, KLAS has split PM data by midsize (11–75 physicians) and large practices (76+ physicians); however, independent practices (clinics not owned by a hospital/health system) and owned practices (clinics owned by a hospital/health system) also
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