What You Should Know:
- ŌURA, the company behind the world's leading smart ring, has announced the completion of a $200 million Series D funding round, raising its valuation to $5.2B.
- This significant investment, with participation from Fidelity Management & Research Company and Dexcom, reflects ŌURA's strong momentum and its potential to transform the healthcare landscape.
Driving the Future of Health Wearables
ŌURA has been redefining health wearables since its
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Culina Health Raises $7.9M for Personalized, Virtual Nutrition Care
What You Should Know:
- Culina Health, the digital platform that makes clinical nutrition care inclusive and accessible for everyone, announced today that it has raised a $7.9 million Series A funding round on the strength of 117 percent year-over-year growth and exceptional patient engagement and clinical outcomes.
- The round brought Culina Health’s total capital raised to $20 million, led by Healthworx, the innovation and investment arm of CareFirst. The investment underscores
Read More
M&A: MTIP Acquires Majority Stake in Dossier Solutions
What You Should Know:
- MTIP, a Swiss growth and buyout firm specializing in healthcare software, is pleased to announce the acquisition of a majority stake in Dossier Solutions, a leading healthcare competency management SaaS provider.
- The acquisition aims to accelerate US market growth, expand geographic reach, and enhance the Dossier technology platform.
Transforming Healthcare Through Digital Competency Management: Dossier's Global Expansion and Strategic Partnership with
Read More
Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers
What You Should Know:
- Confido Health, a healthcare technology company developing AI-powered digital workers for specialty practices, has secured $3M in seed funding led by Together Fund.
- Confido Health was founded by serial entrepreneurs with expertise in AI-driven automation. The investment will fuel the company's mission to transform healthcare operations by automating administrative tasks and improving efficiency.
Addressing the Burden of Manual
Read More
Amwell CFO Mark Hirschhorn Expands Leadership Role to COO
What You Should Know:
- Amwell, a provider of digital healthcare solutions, has announced that its Chief Financial Officer (CFO), Mark Hirschhorn, will assume an expanded role as Chief Operating Officer (COO), effective January 1, 2025.
- The alignment reflects Amwell's focus on streamlining operations and scaling its business to meet the increasing demand for digital healthcare services.
Expanded Responsibilities for CFO
In his new role, Hirschhorn will oversee Amwell's
Read More
Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation
What You Should Know:
- Scripta Insights, an AI-powered pharmacy navigation platform, has secured $17M in Series B funding led by Aquiline, a private investment firm specializing in financial services and technology.
- The latest investment brings Scripta's total funding to $42M and supports its mission to address the rising cost of prescription drugs in the United States.
Addressing the Prescription Drug Affordability Crisis
The cost of prescription drugs is a significant
Read More
Suki & Google Cloud Partner to Provide Clinicians with Patient Summaries and Q&A Functionality
What You Should Know:
- Suki, the leader in AI technology for healthcare, today announced new enhancements to its flagship product, Suki Assistant, in collaboration with Google Cloud. To further support clinicians in providing the best care possible, Suki Assistant will leverage Google Cloud’s Vertex AI platform to expand its assistive capabilities to now provide patient summaries and Q&A functionality.
- With these additions, Suki becomes the industry’s first end-to-end clinical
Read More
Atropos Health + Scipher Medicine Partner to Transform Precision Medicine for Rheumatoid Arthritis
What You Should Know:
- Scipher Medicine, a leader in precision medicine for autoimmune diseases, and Atropos Health, the pioneer in translating real-world clinical data into personalized real-world evidence, today announced a strategic partnership to accelerate precision medicine and expand the Immunology Multimodal Network, advancing shared decision making for patients with rheumatoid arthritis (RA).
- This collaboration will leverage Scipher's unique data and intelligence derived from
Read More
Benchstrength Closes $62M Early-Stage VC Fund with Healthcare Focus
What You Should Know:
- Benchstrength, a New York City-based venture capital firm, has announced the close of its first $62M fund, focused on investing in high-potential, early-stage technology companies.
- The $62M fund has attracted a diverse group of investors, including prominent foundations, institutional investors, and individual investors.
Investing in Transformative Technologies
Led by former General Catalyst investors Ken Chenault Jr. and John Monagle,
Read More
Patients Prefer AI Over Doctors — Is The Future of Healthcare Here?
AI has left a mark on every industry and the healthcare industry is no exception. Over the years, AI has been integrated into important parts of the healthcare system, such as diagnosis, treatment, patient care, and daily administrative processes. But we’re left to wonder if the large-scale integration of AI could mean that patients are starting to rely on AI instead of choosing one-on-one interaction with medical professionals.
Understanding the Shift in Patient Preferences
Over 83
Read More
