What You Should Know:
- Chronus Health, a point-of-care diagnostics company raises $22M in Series A funding led by Tarsadia Investments with participation from Monta Vista Capital, SOSV, Savantus Ventures, and an undisclosed strategic investor.
- Chronus intends to use the proceeds of the Series A financing to scale its research, engineering, and data science teams, in addition to accelerating the company’s product and technology development.
Diagnostics on Demand. Reimagined
While
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Digital Health | News, Analysis, Insights - HIT Consultant
GrayMatters Health Raises $10M for Biomarker-Based PTSD Therapeutics
What You Should Know:
- GrayMatters Health (GMH), a company set to change the standards of mental health care with biomarker-based therapeutics, beginning with PTSD raises $10 million in Series A funding round led by Otsuka Medical Devices Co., Ltd., bringing total funding to $13.5 million. Additional investors in the Series A round included Joy Ventures, J-Ventures, and J-Impact. Existing GMH investors, Marius Nacht and Joyance Ventures, also
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Headspace Acquires AI Mental Health Startup Sayana
What You Should Know:
- Headspace Health, today announced the acquisition of Sayana, an AI-driven mental health and wellness company. With this acquisition, Headspace Health is expanding its ability to provide highly-personalized mental health care and content to its millions of users in 190+ countries.
- The acquisition comes approx. 6 months after the $3B merger of Headspace and Ginger, and will add further AI capabilities to what is the most accessible and comprehensive digital
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First Stop Health Launches Virtual Primary Care for Access to Urgent Care
What You Should Know:
- First Stop Health® (FSH), a virtual care provider in the areas of telemedicine and virtual mental health, today announced the availability of Virtual Primary Care for its clients and members throughout the U.S.
- Virtual Primary Care gives members convenient, fast and affordable access to high-quality care while helping to lower healthcare costs for employers.
How FSH Virtual Primary Care Features
FSH Virtual Primary Care is available via app, website or
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Digital Health Funding Tops $29.1B Across 729 Deals in 2021
What You Should Know:
- Digital health funding in the U.S. reached $29.1 billion across 729 deals, according to latest research from Rock Health, a full-service venture fund dedicated to digital health. The total nearly doubles 2020’s $14.9B record with an average deal size of $39.9M.
- The findings signal both the cause and effect of trends in the healthcare landscape as the digital health sector deals with major changes to its infrastructure, business models, and talent pool
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Transcarent Raises $200M to Expand Care Platform for Self-Insured Employers
What You Should Know:
- Transcarent, a new and different health and care experience company for employees of self-insured employers and their families, today announced a $200M Series C round led by Kinnevik and Human Capital, with participation from Ally Bridge Group and leading health systems including Northwell Health, Intermountain Healthcare, and Rush University Medical Center.
- The funding round also included participation from existing investors, including General Catalyst,
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Femtech Startup Diana Health Launches with $11M to Redesign Maternity and Women’s Health Programs
What You Should Know:
- Diana Health, the healthcare provider redesigning maternity and women’s health in partnership with leading health systems, today announced $11M in Series A financing and collaboration with TriStar StoneCrest Medical Center, part of HCA Healthcare, one of the largest hospital systems in the U.S.
- The funding, co-led byLRVHealthand.406 Ventures, with participation from existing investorAlleyCorp, will be used to launch Diana Health’s first locations in
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J&J Medical Devices Partner with Microsoft to Expand Digital Surgery Solutions
What You Should Know:
Johnson & Johnson Medical Devices Companies (JJMDC) announced a strategic partnership with Microsoft to further enable our digital surgery solutions.
The Johnson & Johnson Medical Devices Companies (JJMDC) today announced that it will collaborate with Microsoft to further enable and expand JJMDC’s secure and compliant digital surgery ecosystem. The Microsoft Cloud will help JJMDC realize its vision of
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Castlight Health and Vera Whole Health Merge in $370M Deal
What You Should Know:
- Castlight Health and Vera Health announce merger, the combined company will integrate Castlight’s market-leading navigation technology with Vera’s best in class advanced primary care model to expand access to care, reduce healthcare costs, and improve outcomes.
Castlight Health, Inc. (“Castlight”) (NYSE: CSLT), a healthcare data and navigation company, and Vera Whole Health, Inc. (“Vera”), a pioneer in advanced primary care, jointly announced a merger agreement
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We Recall Drugs with Adverse Effects, So Why Not Recall AI Algorithms with Racial Bias?
Over the last decade, AI has transformed from a futuristic, hype-driven tool, to now being a daily part of our lives. We use AI for everything from unlocking our smartphones, to evaluating our credit scores, to helping clinicians make patient care decisions. In particular, the potential of AI to transform drug development and patient care is unparalleled – its ability to gather objective insights can help elevate a clinical trial’s data and bring potentially life-saving drugs to people in need
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