What You Should Know:
- Deep Medicine Acquisition Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses announced today that it priced its upsized initial public offering of 11,000,000 units at $10.00 per unit.
- The units are expected to be listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker
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Digital Health | News, Analysis, Insights - HIT Consultant
Medable Secures $304M at $2.1B Valuation for Decentralized Clinical Trials Platform
What You Should Know:
- Decentralized Clinical Trials (DCT) leader Medable, today announced a $304M Series D funding round today – the company’s largest and fourth funding round in 18 months, bringing total capital raised to $521M – and valuation to $2B+. The funding round was co-led by new investors Blackstone Growth and Tiger Global and existing investor GSR Ventures. The round also includes follow-on investment from existing investors Sapphire
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Brave Health Raises $10M for Virtual Behavioral Health for Medicaid
What You Should Know:
- Brave Health, a Miami-based virtual behavioral health provider for Medicaid, today announced it has closed a $10M Series B round ($20.75M in total) led by City Light Capital, Union Square Ventures and Able Partners, bringing its total funding to $20.75M.
- Today, access to basic behavioral health services for the nation’s most vulnerable populations is a public health crisis. The percentage of psychiatrists accepting
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Arine Raises $11M to Scale AI-Driven Medication Optimization Platform
What You Should Know:
- Arine, a San Francisco-based AI-driven platform that optimizes medication management, reduces costs and improves outcomes for health plans and providers today announced that it closed $11 million in an oversubscribed Series A round co-led by 111° West Capital Partners and Katalyst Ventures, with strategic investments from Magellan Health Inc. and SCAN Group.
- Medication mismanagement unnecessarily costs healthcare $1 in every $6 spent. Arine optimizes
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Amazon Brings Alexa to Senior Living Communities and Health Systems
What You Should Know:
- Today, Amazon announced two new solutions, as part of Alexa Smart Properties that will enable senior living communities and healthcare providers to integrate Alexa into their properties to empower residents and patients to stay connected, informed and entertained, just by asking Alexa.
- Designed specifically for the needs of senior living communities and healthcare facilities, Alexa Smart Properties simplifies deploying and managing
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23andMe Acquires Lemonaid Health for $400M – Health M&A
What You Should Know:
- Consumer genetics and research company 23andMe, today announced a definitive merger agreement with Lemonaid Health, Inc., an on-demand platform for accessing medical care and pharmacy services online.
- As part of the merger agreement, 23andMe acquired Lemonaid Health for $400M, of which 25% will be paid in cash and 75% in shares of 23andMe Class A Common Stock. The acquisition is expected to close by the end of 2021.
- The acquisition adds Lemonaid Health’s
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Navina Raises $15M for AI-Powered Primary Care Platform
What You Should Know:
- Navina, a Tel Aviv-based developer of AI-powered clinical platform for primary care raises $15M in Series A funding led by Vertex Ventures Israel, Schusterman Family Investments (SFI) and existing investor Grove Ventures also joined the round. The latest round brings the company's total funding to date to $22M, raised within 12 months after commercial launch.
- Navina uses medically informed AI to replace disorganized patient data with an intuitive Patient Portrait
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GeniusRx Digital Pharmacy Launches Asynchronous Telehealth Offering
What You Should Know:
- GeniusRx™, a Boca Raton, FL-based next-generation digital pharmacy focused on improving patient outcomes by disrupting the way prescription drugs are bought, sold, and delivered, announced the launch of GeniusClinic™ and GeniusIQ™.
- GeniusClinic™ provides members with access to providers in a transparent and affordable manner, leveraging the GeniusIQ™ machine learning platform, for new and refill prescriptions medications, for non-acute and lifestyle
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How Continuous Optimization of Marketing Outcomes Improves Brand Performance and Patient Outcomes – Q/A
As fall turns to winter, pharmaceutical brand marketers and supporting teams know one thing is certain: next year’s planning cycle is upon us in earnest. With data-driven decision-making at the core of best practices, and an increasing fluency in tying aggregated, non-identified prescription data to a brand’s efforts, the evidence continues to support the Continuous Optimization approach to driving patient outcomes. The results demonstrate that not only we can improve brand performance, but also
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Zerigo Health Raises $43M, Appoints Glen Tullman as Executive Chairman
What You Should Know:
- Today, Zerigo Health, a San Diego, CA-based connected light therapy solution for treating chronic skin conditions at home or on the go, today announced a $43M Series B funding round led by 7wireVentures, joined by General Catalyst, Dragoneer, Cigna Ventures, Leverage Health Solutions, and Leaps by Bayer.
- In addition, Glen Tullman, Managing Partner of 7wireVentures, former Founder and CEO of Livongo, and Chief Executive Officer of Transcarent, will join as
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