What You Should Know:
- Tennr, the company helping providers manage the complex and often chaotic patient referral process secures $101M in Series C funding round led by IVP, with participation from new and existing investors including Andreessen Horowitz, Lightspeed, GV, ICONIQ, Foundation Capital, and Frank Slootman.
- The company, which has more than tripled its revenue since its Series B just two quarters ago, is tackling one of the most persistent operational challenges in
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Digital Health | News, Analysis, Insights - HIT Consultant
Headspace Launches Insurance-Covered Therapy Direct to Consumers
What You Should Know:
- Headspace, the world’s most accessible and comprehensive mental health platform, today announced the launch of Therapy by Headspace, its direct-to-consumer therapy service, bringing affordable, evidence-based care to over 90 million Americans across all 50 states.
- After a decade of providing therapy through employers and health plans, the company is now making that same care available to consumers nationwide.
Breaking Barriers to Mental Health Access: The
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Drug Shortages Cost Hospitals Nearly $900M Annually in Labor
What You Should Know:
- A new analysis from Vizient® reveals the staggering financial impact of drug shortages on U.S. hospitals, with labor costs for managing these disruptions more than doubling since 2019.
- The survey, "Beyond the Shortage: The Hidden Cost of Drug Supply Chain Disruptions," found that in 2023, hospitals spent roughly 20 million hours managing drug shortages, translating to nearly $900 million annually in labor costs.
The Hidden Costs Go Far Beyond
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PwC: Health Services M&A Remains Durable Despite Headwinds
What You Should Know:
- Health services M&A activity has demonstrated remarkable durability, weathering a complicated macroeconomic and political environment to remain well ahead of pre-COVID levels, according to PwC’s US Deals 2025 Mid-Year Outlook for both Health Services and Pharmaceutical and Life Sciences.
- Through May 15, 2025, the market saw 445 announced transactions, bringing the last-twelve-month (LTM) total to 1,265 deals with a disclosed value of approximately
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European Digital Health Startups Face ‘Existential Risk’ Amid Funding Pullback and ROI Demands, New Report Finds
What You Should Know:
- A new report from Black Book Research reveals significant headwinds facing the European digital health sector, with a survey of 54 early-stage startups highlighting investor pullback, cross-border scalability challenges, and increasing demands from health systems for evidence-based ROI.
- The findings paint a picture of a market in a "precarious holding pattern," where many innovative companies are struggling to survive.
Pandemic-Era Winners Now
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The Overlooked Connection Between GLP-1s, Obesity, and Eating Disorders
The false belief that people with obesity do not have eating disorders is one of the most harmful misconceptions in obesity care. In reality, individuals with obesity are at a high risk for eating disorders.
The intersection of obesity, mental health, and disordered eating is complex. As GLP-1 receptor agonists (like semaglutide and tirzepatide) become more widely used for weight management, the risk of exacerbating eating disorders must be addressed. Obesity is not just a metabolic
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Rimidi Partners with Quest Health to Improve Blood Glucose for Diabetes Patients via RPM
What You Should Know:
- Quest Health Solutions, a national leader in diabetes care, today announced compelling results from its Remote Patient Monitoring (RPM) program, developed in partnership with the digital health company Rimidi. In just two months, the Quest Health RPM Services—powered by Rimidi's EHR-integrated platform—led to an 11% improvement in average blood glucose readings among participating patients.
- The collaboration highlights the power of combining
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Cohere Health Launches AI Tool to Cut Medical Review Time by 50%
What You Should Know:
- Cohere Health®, the leader in clinical intelligence solutions for health plans and risk-bearing providers, today announced the launch of Review Assist, a breakthrough agentic AI solution that improves medical necessity review efficiency by up to 50% with over 99% precision.
- Designed to work seamlessly with health plans' existing utilization management (UM) workflows and technology stacks, Review Assist reduces review time, eases administrative burden, and improves
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Tombot Secures $6.1M to Bring Lifelike Robotic Puppy to Seniors with Dementia
What You Should Know:
- Tombot, a leading innovator in robotic companion technology, has successfully closed an oversubscribed $6.1 million Series A funding round to support its groundbreaking line of health and senior care products.
- The company gained national attention at CES 2025 with its lifelike robotic puppy, Jennie.
Tombot Raises $6.1M Series A to Revolutionize Senior and Mental Health Care with Robotic Companion Animals
Tombot is strategically positioned at the
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Glytec Secures $36M to Advance AI-Powered Diabetes Care and Inpatient Glycemic Management
What You Should Know:
- Glytec, a provider of an AI-powered technology platform for diabetes and related conditions, secures a $36M growth investment led by Savitr Capital and Hayfin Capital Management.
- The funding will fuel the continued expansion of Glytec’s platform, including its flagship Glucommander® SaaS solution, and accelerate the development of innovative new technologies. The investment comes as healthcare systems face increasing pressure to improve inpatient
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