What You Should Know:
- Lightspeed Venture Partners, the VC behind Nest and GrubHub, is leading a $10 million round for Freespira, an FDA-cleared digital therapeutic proven to significantly reduce or eliminate panic attacks and PTSD symptoms by training users to normalize respiratory irregularities.
- In 28 days, Freespira can reduce or eliminate panic
attacks and PTSD symptoms from home with just a tablet, sensor, and custom app.
There’s no medicine with possible side effects and no need
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Digital Health | News, Analysis, Insights - HIT Consultant
Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations
What You Should Know:
- San Francisco-based digital health startup Pair Team
emerges out of stealth with $2.7M in seed funding backed by Kleiner Perkins,
Craft Ventures, & YC.
- Pair Team provides both a remote team and AI that automates workflows, provides infrastructure & improves medical practices — efficiencies and billing as you’d expect, but all driving toward value-based, quality patient care.
- Pair’s wrap-around technology tripled the rate of annual wellness visits
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Pear Therapeutics Raises $80M to Advance Prescription Digital Therapeutics
What You Should Know:
- Pear Therapeutics today announced that it has
successfully closed an $80 million Series D financing led by SoftBank Vision
Fund 2.
- Pear is the
leader in prescription digital therapeutics and the first company to receive
FDA authorization for a prescription digital therapeutic (PDT) to treat
disease.
- Pear currently has three FDA authorized therapies, reSET, reSET-O and Somryst, for substance use disorder, opioid use disorder, and chronic insomnia,
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M&A: Ro Acquires On-Demand, In-Home Platform Workpath
What You Should Know:
- Ro announced it has acquired Workpath, a technology
platform that powers on-demand, in-home healthcare and diagnostics services
nationwide.
- Through this acquisition, Ro’s platform will now
uniquely bring together a patient's doctor, pharmacy, and
diagnostics/lab--offering a personalized, end-to-end experience with no
insurance required.
- Ro is also announcing a partnership with Quest
Diagnostics, which operates more than 2,200 locations nationwide, to
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Wolters Kluwer Launches Alexa Skill to Keep Patients Engaged With Their Care Team at Home
What
You Should Know:
-
Wolters Kluwer, Health launches new Alexa skill, Emmi Care Plan to keep patients
engaged with their care team at home following discharge from the hospital.
- Using a natural dialogue that automatically adjusts to patient responses, customers can engage with the skill on Alexa-enabled devices simply by saying, “Alexa, ask Emmi Care Plan” to complete periodic health assessments, reminders, and additional education.
To keep health consumers engaged with their
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Highmark Taps Lark Health for AI-Driven Chronic Disease Management/Prevention
What
You Should Know:
-
Highmark, one of the largest Blues plans, has chosen Lark Health for its
chronic disease prevention and management platform.
-
Members will have access to Lark’s 24/7 AI-based coaching and programs to
manage diabetes, hypertension, and prevent chronic conditions.
Highmark Inc., America's fourth-largest overall Blue Cross Blue Shield-affiliated organization, announced a growing collaboration with Lark Health, virtual chronic disease prevention and management
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Everlywell Secures $175M to Expand Position in At-Home Testing Market
What You Should Know:
- Everlywell secures $175M in Series D funding to expand
its virtual care offerings, scale its testing and infrastructure, drive
clinical research and disease management through testing, and grow its national
leadership position in the at-home testing market.
- Since launching in 2016, more than one million people have used Everlywell's tests and digital platform to manage their health and wellness. As more people turn toward digital platforms for their health
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Israeli Digital Health VC Firm OTV Closes $170M Venture Fund
What You Should Know:
- OTV (formerly Olive Tree
Ventures), Israel’s ‘digital health first’ venture capital firm closes $170
million venture fund to support innovative digital health companies worldwide.
- OTV also announced today a new China
office and the appointment of Jose Antonio Urrutia Rivas as Head of Asia
Pacific.
OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm, today announced the closing of a fund with a total value of
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Northwell Health Offers COVID-19 Screening Chat for NY Schools and Employers
What You Should Know:
- Northwell Health announced that its Northwell Direct unit, which works with large employers, will be offering Conversa HealthCheck to screen employees, customers, students, and visitors.
- HealthCheck is a quick, chat-based electronic screening
for symptoms and signs of exposure to COVID-19. If cleared, users receive a
digital "badge" that allows entry to a facility. If not cleared, they
are given additional information on staying home and steps for testing
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M&A: Olive Acquires AI Prior Authorization Company Verata Health
What You Should Know:
- On the heels of $225.5 million dollars in funding and a
$1.5B valuation this week, Olive today announced its acquisition of Verata
Health to create a combined AI prior authorization solution for providers and
payers under the Olive name.
- Prior authorization is a $31 billion dollar issue in
healthcare, and one of the top reasons patient care is delayed. Olive is now
able to reduce write-offs by over 40% and cut turnaround times for prior
authorizations by up to
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