What You Should Know:
- Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states.
- This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB.
Medicare/Medicaid Coverage Expansion
Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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Digital Health | News, Analysis, Insights - HIT Consultant
3M, Epicore Biosystems, Innovize Partner to Scale Sweat-Sensing Wearable Tech
What You Should Know:
- Epicore Biosystems, a digital health company developing advanced sweat-sensing wearables to provide real-time personalized hydration insights for performance and safety, today announced a new collaboration with 3M’s Health Care Business, a manufacturer and distributor of medical products and solutions, and Innovize Inc. (Innovize), a custom medical device manufacturer.
- Leveraging 3M’s leading skin-interfacing materials and Innovize’s manufacturing capabilities,
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Kahun Secures $8M for Clinical Reasoning Engine
What You Should Know:
- Kahun, an evidence-based clinical reasoning tool for physicians, raises $8 million in a seed funding round led by LocalGlobe with the participation of European Innovation Council (EIC) Fund as part of the EIC Accelerator program and The Founders Kitchen (TFK).
- Kahun will leverage the funding to continue building the largest ever map of evidence-based medical knowledge powered by AI. The funds will be used to continue adding new sub-specialties beyond primary
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Qnovia Secures $17M to Advance Inhalable Therapeutics Pipeline
What You Should Know:
- Qnovia (formerly Respira Technologies)—a pharma company developing inhaled therapeutics with an initial focus on nicotine replacement therapy (NRT) and cardiopulmonary diseases—has raised $17M in Series A funding led by Blue Ledge Capital and included DG Ventures, Evolution VC Partners, Gaingels, TL Capital, and Vice Ventures.
- Qnovia will use the Series A proceeds to advance its NRT drug candidate through an IND submission with the FDA and begin human
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Rippl Launches with $35M to Transform Mental Health for Seniors
What You Should Know:
- Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures.
- Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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BrightInsight Adds Xealth, Woebot Health and Claritas Rx to the BrightInsight Ecosystem
- BrightInsight, Inc., a global platform for biopharma and medtech regulated digital health solutions, recently announced the expansion of its recently launched BrightInsight Ecosystem, a network of the world’s leading healthcare and technology companies collaborating to solve healthcare’s biggest challenges to drive digital innovation, adoption and engagement.
- In addition, BrightInsight is proud to be a part of General Catalyst’s Health Assurance network—comprised of healthcare technology
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Rockley Photonics Develops Smaller, Powerful Chip for Health Wearables
What You Should Know:
- Rockley Photonics Holdings Limited, a global leader in photonics-based health monitoring and communications solutions, recently announced that it has developed what it believes to be the world’s first micro-transfer-printed (mTP) silicon-photonics-based laser for commercial applications.
- This groundbreaking achievement is expected to allow Rockley to further increase the density and reduce the size of its high-density spectrophotometer chips — which are already
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New athenahealth Research Finds that Telehealth Fills Care Gaps
What You Should Know:
- Increased usage of telehealth, driven by COVID-19, not only remains substantially above pre-pandemic levels but has also emerged as both a key diagnostic tool and treatment vehicle, according to new research from athenahealth.
- The findings, announced today by athenahealth, a leading provider of network-enabled software and services for medical groups and health systems nationwide, suggest that telehealth is now integrated across the care continuum. The findings
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Fitbit & Google Cloud Launches Device Connect for Fitbit
What You Should Know:
- Today, Fitbit Health Solutions and Google Cloud are introducing Device Connect for Fitbit, which empowers healthcare and life sciences enterprises with accelerated analytics and insights to help people live healthier lives.
- Fitbit data from their consenting users is made available through the Fitbit Web API, providing users with control over what data they choose to share and ensuring secure data storage and protection. Unlocking
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Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis
What You Should Know:
- Optellum, an Oxford-based digital health company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer raises $14M in Series A funding led by Mercia, with additional investors Intuitive Ventures and Black Opal Ventures. Existing investors, including St John's College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood, also participated in this round.
- The investment will enable
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