What You Should Know:
- Cedar, a New York City-based innovative healthcare financial technology platform, announced it has named Krishna Rao as Cedar's first Chief Financial Officer (CFO).
- Rao brings over 15 years of experience growing businesses, most recently serving as Global Head of Corporate and Business Development for Airbnb. In this role, he led and supported financings totaling over $10 billion in equity and debt capital, including the company's initial public offering last
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Digital Health | News, Analysis, Insights - HIT Consultant
Air Methods Launches Drone Solution to Improve Healthcare Access & Minimize Supply Challenges
What You Should Know:
- Air Methods, the nation’s largest air medical provider, today announced the launch of Spright, a newly formed drone solution, designed to help improve healthcare access and minimize supply challenges. Collaborating with Wingcopter, an industry-leading German drone manufacturer, Spright will create a first-of-its-kind, drone-based, urgent healthcare resource delivery network across the United States.
- The network will be designed to quickly deliver emergent
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Cardinal Health Leverages Blockchain to Streamline Pharmaceutical Supply Chain
What You Should Know:
- Cardinal Health and Chronicled announced a partnership to leverage a new blockchain-powered solution on the MediLedger Network to streamline operations across the pharmaceutical supply chain and enable a reliable, frictionless experience for pharmacies across the country. The new blockchain solution will allow Cardinal Health to optimize the complex process of pharmaceutical chargebacks and create greater connectivity for its suppliers and
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ZocDoc Appoints Edward Liu as Chief Financial Officer
What You Should Know:
- ZocDoc, a healthcare marketplace, today announced the appointment of Edward Liu as its Chief Financial Officer.
- During his 20+ year tenure at Morgan Stanley, Liu advised CEOs, CFOs, and boards on their most important strategic and financing decisions, including hundreds of transactions for prominent internet and software companies.
- At ZocDoc, Liu will oversee all financial operations and help further scale the company amid its rapid growth. He joins the
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Eko Appoints Renee Gaeta as Chief Financial Officer
What You Should Know:
- Eko, a cardiopulmonary digital health company, today announced the appointment of Renee Gaeta as Chief Financial Officer (CFO) and member of the executive leadership team. In her new role, Mrs. Gaeta will execute on the Eko’s priorities, accelerate growth and enhance value.
- Prior to joining Eko, Mrs. Gaeta previously served as CFO and member of the executive team at Establishment Labs Holdings, Inc. (NASDAQ: ESTA), where she played a key role in the company’s
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Withings Devices Integrates with One Drop App for Multi-Condition Employer Program
What You Should Know:
- One Drop and Withings have announced a strategic partnership to integrate One Drop’s AI-powered chronic condition management platform with Withing’s suite of smart medical device. Through this integration partnership, members enrolled in the One Drop employer program can qualify to receive a Withings Body smart scale or a Withings BPM Connect smart blood
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Biofourmis Earns FDA Breakthrough Device Designation for Digital Therapeutic for Heart Failure
What You Should Know:
- Biofourmis, a Boston-based global leader in virtual care and digital therapeutics, announced its BiovitalsHF® solution is the first-ever heart failure digital therapeutic to receive a Breakthrough Device designation from the U.S. Food and Drug Administration (FDA).
- The Breakthrough Devices Program was created to provide patients and providers with timely access to medical devices (in this case, software as a medical device, or SaMD) by speeding up their
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Medtronic Awarded FDA Clearance for 2 AI Algorithms for Cardiac Monitoring
What You Should Know:
- Medtronic announced U.S. Food and Drug Administration (FDA) clearance for two AccuRhythm™ AI algorithms for use with the LINQ II™ insertable cardiac monitor (ICM) – and the presentation of AccuRhythm AI validation data this week at Heart Rhythm 2021.
- AccuRhythm AI applies artificial intelligence (AI) to heart rhythm event data collected by LINQ II, improving the accuracy of information physicians receive so they can better diagnose and treat abnormal heart
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PE Firm Aquiline Capital Partners Acquires Telemedicine Provider Avera eCare
What You Should Know:
- Telemedicine services provider Avera eCare announced it has been acquired by private equity firm Aquiline Capital Partners with $6.4B in assets under management. As part of the acquisition, Aquiline will execute the carve-out of Avera eCare and rename the company Avel eCare. Closing is expected to occur in the fourth quarter of 2021.
- Avel eCare’s more than 230 employees will continue to work for Avel eCare, and its headquarters
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Exo Raises $220M to Commercialize Handheld, Point-of-Care Ultrasound Device
What You Should Know:
- Exo (pronounced “echo”), a pioneering health information and devices company, announced it has raised $220M in Series C investment round led by RA Capital Management and joined by BlackRock, Sands Capital, Avidity Partners and Pura Vida Investments.
- The funding will fund the commercialization of its patented handheld medical device and its intuitive point-of-care ultrasound workflow solution, Exo Works. This brings Exo’s total funding to more than $320M.
Exo
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