What You Should Know:
Healthcare investment firm Patient Square Capital ("Patient Square") forms Elevage Medical Technologies ("Elevage"), a new portfolio company to support the growth of promising medical device companies by providing capital and deep strategic expertise.
Elevage will deliver financial and strategic growth support to a broad set of medical device technology companies that are at the forefront of transforming health care through cutting-edge devices that enhance health
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Healthy.io Secures $50M to Expand Smartphone Kidney Test
What You Should Know:
Healthy.io, the global leader in transforming the smartphone camera into a clinical-grade device, raises $50M in a Series D funding round led by Schusterman Family Investments and is joined by Aleph and other existing shareholders. This investment, together with a previously unannounced $45 million February 2022 investment, comprises the company’s Series D.The Series D round will support Healthy.io’s expansion across the U.S. market, where Minuteful Kidney™, the
Read More
Magenta Medical Raises $55M for World’s Smallest Heart Pump
What You Should Know:
Magenta Medical, the developer of the world’s smallest heart pump, announced today a $55M financing round led by global healthcare investment manager OrbiMed, with participation from existing investors New Enterprise Associates (NEA), Pitango VC, and ALIVE - Israel HealthTech Fund.The financing will be used, among other things, to advance the clinical programs of the company’s product in the United States toward its first FDA
Read More
Kinnos Secures $15M to Expand Colorizing Disinfection Platform
What You Should Know:
Kinnos, the maker of Highlight®, a novel technology that colorizes disinfectants raises $15M led by a group of current and former industry leaders. The company also named healthcare veteran Steve Fanning as Chief Executive Officer and a member of the Board of Directors.Founded during the Ebola outbreak in West Africa, Kinnos is pioneering ways to more optimally employ proven disinfectants for a safer healing environment amidst a rising tide of infections globally.This
Read More
45% of U.S. Adults Say AI In Healthcare Is Trustworthy, 20% Note Privacy Of Health Data Violated
What You Should Know:
Healthcare.com polled over 1,000 U.S. adults in a healthcare tech survey and found:
20% of Americans say the privacy of their health data has been violated45% say AI in Healthcare is TrustworthyAmong 8 possible AI uses in healthcare, the top three reported by pollees are :Virtual health assistants (33%), targeted treatments (30%), and diagnosis of blood diseases (21%)Among 12 possible
Read More
Improving Non-Emergency Medical Transportation: Driving Better Outcomes for Patients and Health Plans
As the healthcare industry continues to evolve, there is a growing need for innovative solutions that not only improve the quality of care but also make care more accessible. Non-emergency medical transportation (NEMT) plays a crucial role in helping patients get to where care is delivered. As healthcare reform efforts continue to gain momentum, transportation benefits have become an increasingly critical component of providing equitable care to patients. NEMT helps close the health equity gap
Read More
Morgan Health Invests $25M in Fertility Network Kindbody
What You Should Know:
Morgan Health, the JPMorgan Chase & Co. business unit announced a $25M investment in Kindbody, a fertility clinic network and global family-building benefits provider for employers offering the full-spectrum of reproductive care from preconception to postpartum through menopause.
Kindbody is a technology-driven fertility clinic network and family-building benefits provider for employers offering virtual and in-person care supporting 112 leading employers, covering
Read More
CareSource Invests $1M in Virtual Rehab Augment Therapy
What You Should Know:
CareSource, a nonprofit managed care organization, today announced a $1M investment in Augment Therapy, a digital health company enhancing rehabilitative healthcare and exercise through immersive and gamified technology.The investment builds on CareSource and Augment Therapy’s pilot program at four locations in Ohio to research and showcase how access to Augment Therapy encourages children, and adults of all ages to exercise more and to get the most out of physical
Read More
Expectations For The Connected Care Business In The Years Ahead
Though we seldom see their use in our modern world and, even then, only in fiction, there was a time when it was common for people to actually use things like crystal balls and divining rods to try to uncover unknown yet valuable information. As unbelievable as it may seem, soothsayers peered into crystal balls aiming to help seekers look into the future for guidance, while prospectors would rely earnestly on divining rods as they attempted to locate underground riches of water or oil.
While
Read More
ODAIA Secures $25M for AI-Driven Commercial Insights Platform for Pharma
What You Should Know:
ODAIA, developers of MAPTUAL, an AI-powered commercial insights SaaS platform for pharmaceutical companies, announced it raised an oversubscribed $25 Million Series B financing round, led by Threshold Ventures and co-led by Monograph Capital. Wittington Ventures also joined, with participation from existing investors Flint Capital, BDC Capital, StandUp Ventures and Graphite Ventures. Emily Melton, Managing Partner of Threshold Ventures and Charles Conn, co-founder and
Read More
