What You Should Know: - Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors. - Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. Smarter Mental Health Benefits, Better Outcomes Accessing and receiving mental healthcare is
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Digital Health | News, Analysis, Insights - HIT Consultant
The Role of Digital Mental Health in the Healthcare Journey
With more than 20,000 apps available to address myriad mental health challenges with varying degrees of support, it’s clear that digital mental health is experiencing a boom. But there seems to be little consensus regarding the true role that digital therapeutics can and should play within the greater context of a patient’s mental health care journey. In order to better articulate this role, we need to take a person-centered view and understand how digital therapeutics can help people not just
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Wolters Kluwer Launches Telemedicine Value Sets for Health Insurance Claims
What You Should Know: - Wolters KluwerHealth released telehealth-specific value sets for use in health insurance claims processing, coordination of care, and benefits systems. - The company developed the value sets to meet the needs of payers and providers that are working to develop and refine long-term virtual care strategies. The timing for the value sets is crucial as payers and providers alike
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Linux Foundation Public Health creates the Global COVID Certificate Network
What You Should Know: - Linux Foundation Public Health (LFPH) announced a new collaborative network, the Global COVID Certificate Network, to facilitate the safe and free movement of individuals globally during the COVID pandemic. - The new collaboration will establish a global trust registry network that enables interoperable and trustworthy exchanges of COVID certificates among countries for safe reopening and provide related technology and guidance for implementation. - The
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Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers
What You Should Know: - Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M. - Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, Transcarent is overhauling the self-insured healthcare industry - a market that is long overdue for disruption. Despite numerous efforts and
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Valo Health and Khosla Ventures Merge to Go Public in $2.8B SPAC Deal
What You Should Know: Valo Health, the technology company using human-centric data and artificial intelligence (AI) powered computation to transform the drug discovery and development process, and Khosla Ventures Acquisition Co. ("KVAC") (NASDAQ: KVSA), a special purpose acquisition (SPAC), announced today that they have entered into a definitive merger agreement. - The SPAC deal represents a pro forma market value of approximately $2.8B for the combined company. The combined company is
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Medable, Aural Analytics Partner to Develop Remote Cancer Digital Solutions
What You Should Know: - Medable announced today that it is now partnering with Aural Analytics to test and develop remote digital data tools and harmonization methods designed to assess the wellbeing of patients undergoing cancer treatment. - The addition of Aural Analytics’ speech biomarkers application improves outcomes data with important speech and language-based information about motor, cognitive, and respiratory function furthering the scope of digital measures which can be captured
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CareDx To Acquire Transplant Hero Medication Management App – M&A
What You Should Know: - CareDx, Inc. (Nasdaq: CDNA), a leading 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 Transplant Hero LLC, a New York-based provider of a mobile app supporting the needs of transplant patients. - The acquisition of Transplant Hero builds on
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Icario Acquires Consumer Engagement and Health Action Platform ChipRewards – M&A
What You Should Know: - Icario, the healthcare industry’s leading health action company, announced it has acquired ChipRewards, a leading SaaS platform used by health plans and employers to configure and manage consumer engagement programs. - With this acquisition, Icario will add self-service configurability and management capabilities that empower health plan teams to customize their approaches to engagement. - The acquisition comes as CVC Capital Partners (“CVC”), a leading global
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Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging
What You Should Know: - DUOS, a digital health company, came out of stealth today backed by $6M in combined seed funding from healthcare investor Redesign Health and consumer-focused Forerunner Ventures. - DUOS provides a personal assistant for aging — a Duo — to help older adults stay healthy and age independently in their own homes. DUOS works with its members and their loved ones, along with health plans and providers, to provide holistic, personalized support. - In addition,
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