What You Should Know:
- Today, Ultromics, an Oxford, England-based health-tech startup announced it has raised $33M in Series B funding led by Blue Ventures, the investing arm of Blue Cross Blue Shield, and also includes investment from Optum Ventures, GV, and Oxford Sciences.
- Born at the University of Oxford and built-in partnership with the U.K.’s NHS, Ultromics has developed the first fully automated solution for echocardiography and analysis of global longitudinal strain (GLS).
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Digital Health | News, Analysis, Insights - HIT Consultant
M&A: Labcorp Acquires Ovia Health to Expand Women’s Health Capabilities
What You Should Know:
- Labcorp has announced the acquisition of femtech startup Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy, and parenting. Financial details of the acquisition were not disclosed.
- The acquisition extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences, and fosters better dialogue between
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XpresSpa, 98point6 Partner to Provide Virtual Care to Travelers
What You Should Know:
- XpresSpa, a health and wellness company, announced an agreement with 98point6, an on-demand virtual primary care provider, to provide services for the new Treat™ Care app.
- The Treat Care app will soon be available in the Apple App Store and the Google Play Store and will offer travel health and wellness content, access to board-certified health professionals, a travel wallet to store health records and more.
98point6 Overview
98point6 is an on-demand,
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Good Health Pass Releases Blueprint for Digital Health Passes to Restore International Travel
What You Should Know:
- The Good Health Pass Collaborative announced the release of the Good Health Pass Interoperability Blueprint, a proposed new set of interoperability specifications which, as they are adopted, will allow airlines and governments to verify travelers’ COVID status (proof of vaccination, testing, and recovery), while simultaneously ensuring that core principles – such as privacy, security, user-control, and equity – are protected.
- Over the past six
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AMA Forms External Advisory Group to Advance Equity in Healthcare Innovation
What You Should Know:
- The American Medical Association (AMA) today announced the creation of an external advisory group, the Equity and Innovation Advisory Group dedicated to advance equity in healthcare innovation.
- The advisory group plans to recommend strategies that will help drive equitable resources to health solutions created by marginalized innovators and include marginalized patients’ voices in health innovation development processes – with a target of ultimately reaching a
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Butterfly Network, Caption Health Partner on AI-Based Guidance and Diagnostics
What You Should Know:
- Butterfly Networks and Caption Health are partnering to bring life-saving portable AI diagnostic imaging/ultrasound to every medical provider, regardless of their experience.
- Butterfly and Caption’s integrated solution will enhance cardiac assessment by improving the ease of image capture and image interpretation in a variety of care settings including the hospital, clinic, and home. This move can lead to faster diagnosis and treatment for patients with cardiac
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HIMSS21 Day 3 Roundup: Sharecare Acquires CareLinx, Verizon Telehealth, Samsung
Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M
Sharecare today announced that it has closed its acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since
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HIMSS21 Day 2 Roundup: CVS Health Virtual Primary Care, M&A Activity, Funding, More
Raintree Systems Mourns the Passing of its CEO, Richard Welty
Raintree Systems, a software development company that provides value-based solutions for the healthcare industry, announces the passing of the company's Founder and CEO, Richard Welty. Terrence Sims, former Chief Operating Officer and current President of Strategic Growth & Marketing has been appointed Interim CEO.
Mergers & Acquisitions
Olive Enters Clearinghouse Market with Acquisition of Healthcare
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Elektra Health Raises $3.75M for Evidence-Based Menopause Care
What You Should Know:
- Elektra Health, a new women’s health tech company on a mission to smash the menopause taboo, is announcing $3.75M in seed funding co-led by Alexis Ohanian’s Seven Seven Six and Flare Capital Partners, with participation from City Light Capital, January Ventures, Human Ventures, The Fund, Community Fund, and notable angels including Hannah & Guy Raz, Claire Diaz-Ortiz, Jenny Fielding, and others.
- With a mission to smash the menopause taboo, Elektra is the first
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Olive Enters Clearinghouse Market with Acquisition of Healthcare IP
What You Should Know:
- Olive, a healthcare automation company today announced the acquisition of Healthcare IP, an integrated partner of healthcare provider and payer organizations, advocating data transparency and user experience in the revenue cycle. Financial details of the acquisition were not disclosed.
- Healthcare IP is a clearinghouse that has been streamlining payment management since 2013 for top hospitals and health systems across the United States to help manage their
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