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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

CVS + Echo Health Makes Strategic Investment in Thyme Care

by Fred Pennic 05/28/2024 Leave a Comment

Thyme Care Launches Virtual Palliative Care Program to Enhance Cancer Care

What You Should Know:  - Thyme Care, a leader in value-based cancer care, has announced a strategic investment from Echo Health Ventures and CVS Health Ventures. Both partners have identified Thyme Care’s provider-centric approach as the only way to improve the patient experience and reduce costs across the care continuum. The investment was part of Thyme’s Series B fundraise. - The strategic funding will fuel the national expansion of Thyme Care's innovative model, aiming to improve
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Boulder Care Secures $35M to Expand Telehealth Addiction Treatment for Underserved Communities

by Fred Pennic 05/24/2024 Leave a Comment

Boulder Care Secures $35M to Expand Telehealth Addiction Treatment for Underserved Communities

What You Should Know:  - Boulder Care, a leading provider of high-quality addiction treatment, announced today the successful closing of an oversubscribed $35M Series C funding round led by Advance Venture Partners (AVP), joined by Stripes and existing investors, including First Round Capital, Qiming Venture Partners, and Laerdal Million Lives Fund. - Boulder Care will invest in developing even more robust services tailored to address the specific needs of high-need patients and plans
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OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

by Syed Hamza Sohail 05/23/2024 Leave a Comment

OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

What You Should Know: -       OncoveryCare (formerly VivorCare) has closed an oversubscribed $4.5 million seed financing to launch its novel cancer survivorship care model. -       The fundraise was led by .406 Ventures alongside the McKay Institute for Oncology Transformation at Tennessee Oncology. Tennessee Oncology, which treats half of Tennessee’s cancer patients at 35 sites, is also a founding member of OneOncology, a
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Tuesday Health Launches Supportive Care Solution with $60M

by Fred Pennic 05/23/2024 Leave a Comment

Tuesday Health Launches Supportive Care Solution with $60M

What You Should Know:  - Tuesday Health, a leader in value-based care for the seriously ill, has launched its innovative supportive care solution with $60M in partnership with Valtruis, Blue Venture Fund, Mass General Brigham Ventures, and CareSource.  - Tuesday Health's mission is to make the end-of-life journey clearer and more supportive for patients and families. With this significant investment and a committed team, they are well-positioned to achieve their goals and
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SamaCare Secures $17M to Scale Specialty Drug Prior Authorization Platform

by Syed Hamza Sohail 05/21/2024 Leave a Comment

SamaCare Secures $17M to Scale Specialty Drug Prior Authorization Platform

What You Should Know: -              SamaCare, a cloud-based patient access platform for specialty medications, today announced that it has closed an oversubscribed $17 million Series B investment round led by new investor Questa Capital. -              Questa is joined in the round by existing investors Vive Collective and South Park Commons. SamaCare
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Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

by Fred Pennic 05/21/2024 Leave a Comment

Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

What You Should Know:  - Videra Health, a frontrunner in AI-powered mental health assessments raises $5.6M in Seed II funding led by Peterson Ventures, with participation from Mercato Partners, Epic Ventures, and Philo Ventures. - Videra Health aims to tackle these challenges by offering widespread, streamlined mental health screening and monitoring powered by AI technology.  Transforming Mental Health Screening with Video Technology Videra Health leverages cutting-edge
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Daffodil Health Secures $4.6M for AI-Powered Healthcare Pricing & Admin Solution

by Fred Pennic 05/16/2024 Leave a Comment

Daffodil Health Secures $4.6M for AI-Powered Healthcare Pricing Solution

What You Should Know:  - Daffodil Health, a healthcare technology company, has secured $4.6M in seed funding to tackle the multi-billion dollar problem of wasted healthcare administrative costs led by Maverick Ventures with participation from Epic Ventures. - Daffodil Health is the brainchild of a team with over 100 years of combined experience in healthcare and technology, from companies like MultiPlan, Google, and McKinsey. They recognize the urgent need to overhaul the current
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Phenomix Sciences Raises $7.8M to Acclerate Obesity Precision Medicine Adoption

by Syed Hamza Sohail 05/16/2024 Leave a Comment

Phenomix Sciences Raises $7.8M to Accelerate Obesity Precision Medicine Adoption

What You Should Know: -              Phenomix Sciences (Phenomix), a precision medicine biotechnology company that brings data intelligence to the treatment of obesity, has secured $5.5 million in Series A funding from new investors, DexCom, Inc. and Labcorp, and existing investors, including Health2047. -              The company has also been awarded a $2.3 million Phase II Small Business Innovation Research (SBIR) Grant
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Accenture Backs Turbine’s AI-Powered Platform to Accelerate Drug Discovery

by Fred Pennic 05/16/2024 Leave a Comment

Accenture Backs Turbine's AI-Powered Platform to Accelerate Drug Discovery

What You Should Know:  - Accenture Ventures, the venture capital arm of Accenture, has announced a strategic investment in Turbine, a company pioneering the use of predictive cell simulations for drug development.  - The investment aims to empower Turbine in extending its innovative technology to global biopharmaceutical companies seeking to unlock hidden biological insights and accelerate crucial drug development processes. Optimizing Drug Discovery with Simulated
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Medical Nutrition Therapy Startup Fay Emerges from Stealth with $25M

by Jasmine Pennic 05/15/2024 Leave a Comment

Medical Nutrition Therapy Startup Fay Emerges from Stealth with $25M

What You Should Know:  - Fay, a San Francisco, CA-based company that focuses on increasing access to medical nutrition therapy emerges from stealth with $25M in funding to tackle America’s growing food crisis.  - The company connects individuals with Registered Dietitians (RDs) for personalized nutrition counseling, all covered by insurance. The insurance-friendly nutrition therapy support platform offers virtual or in-person access to the right RD for individuals’ unique goals
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