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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Digital Health | News, Analysis, Insights - HIT Consultant
Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments
What You Should Know:
- Nina Capital, a health tech venture capital (VC) firm, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE, with an investment goal of EUR 40 ($47.4M).
- Nina Capital was founded in 2019 with its inaugural fund, Nina Capital Fund I FCRE, which reached its maximum size of EUR 18 million (USD 21.3 million). In less than two years, Nina Capital has created an international portfolio of 23 companies in the
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3 Ways IoT is Empowering Modern Healthcare Industry Today
Today’s healthcare systems are nothing like their predecessors of even a decade ago, and their growth is due, in large part, to the rapid evolution of technology. In recent years, e-health—the digital services that make it possible to improve the well-being of individuals, whether to prevent, diagnose or treat illnesses—has grown exponentially, with estimates that it will reach $234.5 billion by 2023.
In order for e-health devices to demonstrate their full value, healthcare networks
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HealthLinc Deploys Greenway Telehealth to Expand Virtual Care Offerings
What You Should Know:
- Greenway Health, a leading health information technology services provider, announced an expanded partnership with HealthLinc, a nonprofit organization dedicated to improving health care for the residents of northern Indiana.
- A Greenway client for more than 10 years, the center will be leveraging Greenway Telehealth, the first tool in the company’s virtual care portfolio, to remove care delivery barriers, enabling greater provider productivity and improved patient
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Smart Meter Launches iGlucose in 45+ Long-Term Care Facilities Nationwide
What You Should Know:
- Smart Meter, the leader in cellular-connected remote patient monitoring (RPM) devices, today announced the launch of its iGlucose cellular-connected blood glucose system in more than 45 long-term care (LTC) facilities across the U.S.
- iGlucose is an easy-to-use, single patient use blood glucose meter (BGM) that improves clinical efficiencies, infection control efforts and patient outcomes with real-time data immediately sent to healthcare provider portals and
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Andor Health Joins athenahealth’s Marketplace Program to Orchestrate Virtual Health Experiences
What You Should Know:
- Andor Health, the company that harnesses machine and human intelligence to configure and orchestrate the way care teams connect and collaborate, today announced a partnership with athenahealth, Inc. through the company's Marketplace program.
- As part of the athenahealth® Marketplace, ThinkAndor® is now available to athenahealth's growing network of healthcare providers to configure discrete workflows to enable a wide range of virtual health
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Amwell Acquires Conversa Health & SilverCloud Health for $320M– M&A
What You Should Know:
- Amwell®, a telehealth leader, today announced that it has signed definitive agreements to acquire SilverCloud Health, a leading digital mental health platform, and Conversa Health, a leader in automated virtual healthcare.
- The deals have a combined aggregate purchase price of $320 million, and the acquisitions will allow Amwell to accelerate its work to redefine the practice of medicine and always-on healthcare companionship.
- By adding the technology of
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SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform
What You Should Know:
- SonderMind Inc., a Denver, CO-based provider in improving mental health clinical outcomes and making behavioral health more accessible to all Americans, today announced it has raised $150M in Series C financing co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart, and F-Prime Capital.
- For mental health providers, SonderMind enables clinicians to
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BioIntelliSense Closes $45M to Expand Medical Grade Remote Monitoring Devices
What You Should Know:
- BioIntelliSense, a continuous health monitoring, and clinical intelligence company, announced it has recently closed its Series B financing round that was significantly oversubscribed at $45 million. Participation in the Series B financing was prominently led by Chimera (UAE), and joined by 7wire Technology Partners, Mary Tolan of Chicago Pacific Founders, James Murren formerly of MGM Resorts International, as well as Pendrell Corporation, Royal Philips, and Fresenius
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Talkiatry Lands $20M to Expand In-Network Psychiatric Care
What You Should Know:
- Talkiatry, a leading provider of in-network psychiatric care today announced it raised $20 million as completion of its Series A funding. The round includes an additional $15 million, led by Left Lane Capital with further participation from Dr. Richard Park, founder and former CEO of CityMD. In February 2021, Talkiatry kicked off its Series A round after raising $5 million led by Sikwoo Capital Partners with participation from Relevance Ventures and Dr. Park.
- The
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