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Digital Health | News, Analysis, Insights - HIT Consultant

CoachCare Raises $11M for Virtual Care Management

by Fred Pennic 12/13/2024 Leave a Comment

CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

- CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions secures $11M investment from Catalyst Investors, a growth equity firm specializing in technology-enabled services. This latest funding follows a successful year of growth for CoachCare, bringing its total capital raised in 2024 to over $110M.  - In connection with the Catalyst Investors transaction, Kapil Desai has joined CoachCare's Board of Directors. Additionally, Elias Davis, who recently
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Redesign Health Secures $175M to Launch and Scale Healthcare Companies

by Fred Pennic 12/12/2024 Leave a Comment

Redesign Health Secures $175M to Launch and Scale Healthcare Companies

What You Should Know:  - Redesign Health, a venture builder in the healthcare space, has announced a $175M investment for a new fund dedicated to launching and scaling transformative healthcare companies.  - The significant investment, with participation from prominent investors like Declaration Partners and Euclidean Capital, will further solidify Redesign Health's position as a driving force in healthcare innovation. - The new funding will enable Redesign Health to support
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Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO

by Healthcare Executive Hires 12/12/2024 Leave a Comment

Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO

What You Should Know:  - Pleno, an innovative multi-omics diagnostics company, announced it has raised $25M in Series B funding and appointed Dr. Vik Vaz as its new Chief Executive Officer (CEO).  Key investors Deerfield Management, Foresite Capital and Medical Excellence Capital remain committed to supporting the next phase of the company’s growth strategy. - Dr. Vaz, a seasoned leader with extensive experience in the life sciences and medical technology sectors, will guide
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Tuva Health Raises $5M for Open-Source Healthcare Data Platform

by Syed Hamza Sohail 12/12/2024 Leave a Comment

Tuva Health Raises $5M for Open-Source Healthcare Data Platform

What You Should Know: -  Tuva Health, the world's first open-source healthcare data transformation platform, launched out of stealth today with $5M in seed funding. The company offers payers, providers, and pharmaceutical companies the ability to transform claims and EHR datasets into analytics-ready data tables via an open-source data model with built-in normalization, data quality testing, and enrichment. -  Tuva Health’s mission is to advance high-quality healthcare analytics by making
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Atropos Health Launches AI Model Training on its Federated Healthcare Data Network

by Syed Hamza Sohail 12/12/2024 Leave a Comment

Atropos Health Launches AI Model Training on its Federated Healthcare Data Network

What You Should Know: -       Atropos Health, a leader in translating clinical data into high-quality, personalized, real-world evidence (RWE) for care, today announced the availability of AI model training on the Atropos Evidence Network, the largest federated healthcare data network with more than 300 million patient records. -       Atropos Evidence Network members can utilize certain de-identified real-world data (RWD) to
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Sunrise Acquires Sleep Clinic Dreem Health, Expands to U.S.

by Jasmine Pennic 12/12/2024 Leave a Comment

Sunrise Acquires Dreem Health, Expands to the U.S.

What You Should Know:  - Sunrise, an innovator in sleep disorder diagnostics, is bringing its technology and services to the United States through the acquisition of Dreem Health, a California-based sleep clinic.  - The strategic move aims to democratize and accelerate access to sleep care for millions of Americans. Financial details of the acquisition were not disclosed.  Revolutionizing Sleep Care with Technology Sunrise has developed proprietary technology for
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LiveFreely Acquires Sompo Horizon to Expand AI-Powered Caregiving

by Fred Pennic 12/12/2024 Leave a Comment

LiveFreely Acquires Sompo Horizon to Expand AI-Powered Caregiving

What You Should Know:  - LiveFreely Inc., a digital health technology company focused on empowering seniors and their caregivers, has acquired Sompo Horizon, a caregiving benefits provider and subsidiary of Sompo Holdings.  - The strategic acquisition will enable LiveFreely to expand its reach and enhance its platform with integrated caregiving solutions. Enhancing the Circle of Care LiveFreely's flagship product, the BUDDY application, provides seniors with an AI-powered
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HealthTap Lawsuit Alleged VC Manipulation in Startup Valuations

by Fred Pennic 12/11/2024 Leave a Comment

HealthTap Enters DME Market with Aeroflow Healthcare

What You Should Know:  - Shareholders of HealthTap, Inc., a once-promising telehealth company, have filed a lawsuit against Mohr Davidow Ventures (MDV) and its affiliates, alleging breaches of fiduciary duty and a scheme to dilute minority shareholders and take over the company at a significantly depressed valuation. - The lawsuit claims that MDV, as the controlling shareholder of HealthTap, orchestrated a series of actions that intentionally drove down the company's value, creating
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Capstan Medical Raises $110M to Advance Minimally Invasive Heart Valve Treatment

by Fred Pennic 12/11/2024 Leave a Comment

Capstan Medical Raises $110M to Advance Minimally Invasive Heart Valve Treatment

What You Should Know:  - Capstan Medical, a medical technology company developing innovative solutions for heart valve disease secures $110M in a Series C funding round led by Eclipse with participation from existing investors Yu Galaxy and Intuitive Ventures, and new investment from Gideon Strategic Partners. - Capstan Medical is developing a suite of next-generation heart valve implants and a first-of-its-kind catheter-based robotic delivery platform. Addressing the Global Burden
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Women-Led Fertility Startup Lushi Launches to Transform the IVF Experience

by Jasmine Pennic 12/11/2024 Leave a Comment

Women-Led Fertility Startup Lushi Launches to Transform the IVF Experience

What You Should Know:  - Lushi, a new women-led fertility startup, is transforming American women's IVF and conception experience.  - Launching in December 2024, Lushi offers personalized treatments, clinics, and wellness platforms tailored to the unique needs of women facing fertility challenges. Addressing the Growing Need for Fertility Support Millions of women in the U.S. struggle with infertility, often navigating an antiquated and male-dominated healthcare system. Lushi
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