Truepill, a San Mateo, CA-based B2B pharmacy fulfillment service announced it has raised $13.4 million in Series A funding led by Initialized Capital, with participation from Y Combinator, Sound Ventures, Tuesday Capital and others. The company plans to utilize the funding to expand its team and fulfillment facilities across the US and enter the UK market.
Why Truepill?
As healthcare undergoes a massive shift towards telemedicine and direct-to-consumer care and treatment, Truepill is the
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New ‘Intermountain at Home” Service Launches with Remote Monitoring, Telemedicine Capabilities
Intermountain Healthcare, announced this week it is expanding its home-based services this year to include primary care, some traditional hospital-level services, and palliative care for patients with chronic or serious medical conditions.
Intermountain at Home Service Overview
The new service, called Intermountain at Home, is a comprehensive program that will expand established Intermountain Homecare & Hospice services to prevent or shorten hospital admissions, and enable patients to
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UMass Lowell Awarded $1M Grant to Develop Secure Cyberinfrastructure for Translational Research
The National Science Foundation (NSF) has awarded a three-year grant totaling nearly $1 million to a team of UMass Lowell researchers led by Prof. Yan Luo of UMass Lowell's Department of Electrical and Computer Engineering to develop a secure cyberinfrastructure for translational research. Luo's fellow researchers on the project are Associate Prof. Yu Cao of UMass Lowell's Computer Science Department, along with colleagues Assistant Prof. Peilong Li of Elizabethtown College and Prof. Silvia
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NHS England Publishes New Guidelines on Flash Glucose Monitors for Type 1 Diabetes Patients
NHS England recently published clinical guidance for flash glucose monitors that outlines funding arrangements for patients with type 1 diabetes and the qualifying criteria to support local health groups. According to NHS England, an estimated 260,000 in England suffer from type 1 diabetes.Starting in April, the NHS will provide the technology for one in five of those with type 1 diabetes in England. Those who qualify include:- People with type 1 diabetes who need intensive monitoring (more than
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Rally Health Launches Next-Gen Consumer Digital Health Platform
The next-generation Rally consumer digital health platform offers a one-stop-shop for employee wellness benefits programs offered by an employer. Rally Health, Inc., today announced its next-generation consumer digital health platform that enables users to access and manage in a single, comprehensive experience their employee benefits, well-being programs. With more than 22 million registered users, Rally is the industry’s leading consumer digital health platform, offered by more than 200,000
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Israeli-based OurCrowd Launches $50M Medtech Fund
OurCrowd, an Israeli-based global investment platform has announced the launch of the $50 million OurCrowd Medtech Fund. The $50M fund will focus exclusively on investing in disruptive medical technologies and therapeutics with the potential to transform global healthcare delivery and patient outcomes. The announcement marks OurCrowd's first fund dedicated to the medical technology market. OurCrowd vets and selects companies invests its own capital and invites its accredited membership of
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Northwestern Medicine and Eko Launches AI Algorithms Heart Murmurs Study
Northwestern Medicine and Eko launches a new clinical study to validate algorithms that help providers more accurately screen for valvular heart disease with a digital stethoscopeToday Northwestern Medicine Bluhm Cardiovascular Institute and Eko have announced a partnership pioneering the use of artificial intelligence (AI) for cardiac screening in a new study of Eko’s cardiac monitoring platform. The study aims to demonstrate that Eko’s digital stethoscopes and AI algorithms can interpret heart
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Fitbit Partners with Solera Health to Address Type 2 Diabetes
Fitbit, today announced its expanded partnership with Solera Health, an integrated benefit network to reduce the risk of type 2 diabetes by encouraging positive behavior changes, such as increased physical activity and weight loss.Type 2 diabetes affects more than 30 million American adults and costs the U.S. approximately $327 billion annually in direct medical expenses and lost productivity. Yet, the onset of disease can be delayed – or even prevented – among the 84 million U.S. adults at high
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AbleTo Acquires Digital Therapy App Joyable to Strengthen Virtual Behavioral Healthcare
AbleTo, Inc., a provider of virtual behavioral healthcare proven to improve clinical outcomes and lower healthcare costs has acquired Joyable, an app-based digital therapy innovator. The acquisition strengthens AbleTo's high-quality virtual behavioral healthcare with a digital platform that delivers clinically-based therapies supported by coaches to help individuals overcome depression, generalized anxiety, and social anxiety.Founded in 2014, Joyable offers users expert-designed digital
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FDA Commissioner Scott Gottlieb to Step Down
Food and Drug Commissioner Scott Gottlieb has announced his resignation, effective in about a month. Dr. Gottlieb, a 46-year-old physician, former venture capitalist and drug consultant currently residing in Westport, Conn with his wife and three children stated he missed his family due to his weekly commute to Washington. D.C. Dr. Gottlieb had been subject to increasing pressure from some Republicans in Congress and others in the conservative moment for his strong stance against youth vaping
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