What You Should Know:
Praia Health, a newly formed digital health company, today announced the closing of a $20 million oversubscribed Series A financing led by Frist Cressey Ventures and backed by SignalFire, Epsilon Health Investors and Providence Ventures.The funding will bolster the platform’s ability to revolutionize the delivery of individualized health solutions at scale, enabling digitally driven health system transformation.
Praia Health: Transforming
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Pelago Secures $58M to Expand Substance Use Management as an Employee Benefit
What You Should Know:
Pelago the leading digital clinic partner to U.S. businesses and health plans for substance use management, today announced $58 million in new funding on the strength of customer growth and validated ROIExisting investor Atomico doubled down to lead this Series C investment on the back of Pelago's impressive growth, with participation from all existing investors Kinnevik AB, Octopus Ventures, and Y Combinator plus new
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Advocare, Fort Health Partner to Accelerate Access to Pediatric Behavioral Healthcare in New Jersey and Pennsylvania
What You Should Know:
Advocare LLC, a 750-provider multi-specialty group practice based in New Jersey with the largest number of pediatric providers in the state, today announced a partnership with Fort Health, a virtual pediatric behavioral healthcare company built with the Child Mind Institute, to expand services delivered through primary care.Advocare's primary care facilities throughout New Jersey and Pennsylvania will now have the option to leverage Fort Health's
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Sworkit Health & Launch Incentive-Driven Wellness Program
What You Should Know:
Sworkit Health, in collaboration with Select Health and facilitated by a strategic relationship with Virgin Pulse, now Personify Health, announces an innovative wellness program designed to encourage health plan and hospital employees to meet the CDC's recommended 150 minutes of moderate-intensity exercise weekly. This relationship underscores a commitment to enhancing the health and well-being of Intermountain Health caregivers and Select
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Unlocking the Power of Generative AI: InterSystems IRIS with Vector Search
What You Should Know:
Artificial intelligence has transformative potential for driving value and insights from data. As we progress toward a world where nearly every application will be AI-driven, developers building those applications will need the right tools for creating experiences from these applications.This is why InterSystems is excited to announce the addition of vector search to the IRIS data platform.
InterSystems Announces Integration of Vector Search into IRIS Data
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Syllable Acquires Healthcare CRM Intelligence Platform Actium Health
What You Should Know:
Syllable, a leader in healthcare artificial intelligence and process automation, today announced its purchase of Actium Health. Financial details were not disclosed.As the industry evolves, health systems are faced with multiple challenges: Revenue growth with limited capacity, managing and retaining a highly-skilled, but burnt-out workforce, increasing operational costs, and making the most of their care delivery capacity to ensure patient access to high-quality
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Rimidi Care Network Launches to Increase Access to Remote Monitoring Services
What You Should Know:
Rimidi, a market leading digital health company that supports healthcare providers in the delivery of remote patient monitoring and chronic disease management with EHR-integrated software, services, and connected devices, announced the launch of The Rimidi Care Network, a partnership program for remote monitoring clinical service providers. As remote patient monitoring becomes widely available, particularly with the Centers for Medicare and Medicaid
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HiMS Unveils AI-powered EHR That Saves Clinicians 2 Hours Daily
What You Should Know:
Health Information Management Systems (HiMS) unveiled AxiomEHR, an all-new, AI-powered electronic health record (EHR) solution with a unique architecture that supports data-based decision-making, flexible care coordination, and overall resilience to drive quality-based care.Tailored specifically for behavioral and integrated health care providers, AxiomEHR features AI-driven automation, which streamlines inefficient workflows and drastically reduces the screen
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AstraZeneca Acquires Fusion Pharmaceuticals for $2B to Bolster Radioconjugate Pipeline
What You Should Know:
AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs).The acquisition marks a major step forward in AstraZeneca delivering on its ambition to transform cancer treatment and outcomes for patients by replacing traditional regimens like chemotherapy and radiotherapy with more targeted treatments.
AstraZeneca's Acquisition of Fusion:
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Humana & DUOS Partner to Enhance Healthcare for Louisiana Veterans
What You Should Know:
Humana Inc. (NYSE: HUM) and DUOS, a technology-enabled service provider announces a new collaborative program to enhance the healthcare experience and improve health outcomes for Louisiana veteran members with chronic conditions.The initiative links veterans with chronic conditions to DUOS, where they undergo an assessment of health needs and goals. Based on this assessment, participants are paired with benefits and resources accessible through their Medicare
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