What You Should Know:
- Fabric, a leader in healthcare experience optimization, has announced the strategic acquisition of GYANT, a company specializing in conversational AI care assistants and patient engagement suites.
- The acquisition of GYANT positions Fabric as a leading force in the digital transformation of healthcare. Their comprehensive suite of solutions is already attracting progressive healthcare providers and innovators, like OSF Healthcare, who are looking to reimagine care
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market
What You Should Know:
The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights.
- The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities.
Funding Plummets, Deals Dry Up
Global
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model
ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm.
- This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians.
Transforming Clinical Trials, One Patient at a Time:
ObjectiveHealth stands out with its innovative approach. They act as a
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Swift Medical Secures $8M to Power AI-Driven Wound Care
What You Should Know:
- Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group.
- The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence.
The Future of Wound Care
Swift Medical boasts a proven track record, serving as the
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression
What You Should Know:
- Motif Neurotech, a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures, the investment saw participation from prominent players like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures.
- Motif Neurotech's innovative approach represents a potential paradigm shift in mental health treatment.
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Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test
What You Should Know:
- Circular Genomics, a pioneer in unlocking the secrets of circular RNA (circRNA) for precision psychiatry and neurology, has secured $8.3 million in a Series A funding round. Led by Mountain Group Partners, this vital investment brings on board new partner UNM Rainforest Innovations and bolsters support from existing investors like Cottonwood Technology Fund and Tramway Venture Partners.
- The new funding will empower Circular Genomics to build and scale commercial
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Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care
What You Should Know:
- Isaac Health, a rising leader in digital brain health, has successfully closed an oversubscribed $5.7 million Seed funding round led by Meridian Street Capital and B Capital, bringing together prominent players like Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels.
- This crucial funding round empowers Isaac Health to accelerate their mission by expanding their innovative brain health provider platform. advancing technology for improved
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Health2047-Backed HEAL Security Emerges from Stealth with $4.6M
What You Should Know:
- Health2047, the American Medical Association's venture studio dedicated to healthcare innovation, announced its investment in and launch from stealth of HEAL Security, a cognitive cybersecurity platform built specifically for the healthcare industry.
- Health2047's investment in HEAL Security underscores the urgent need for robust and specialized cybersecurity solutions within the healthcare industry. Their platform equips health systems with the necessary tools to
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Being Health Unveils $5.4M-Backed Modern Mental Health Practice in Lower Manhattan
What You Should Know:
Being Health, a psychiatrist-founded modern mental health practice, launches today to bring the best of psychiatry, psychotherapy, novel treatments (such as ketamine infusion therapy), functional medicine and wellness services (such as acupuncture and nutrition) all under one roof for a seamless patient experience in New York City.Being Health has raised $5.4 million to date in funding from 18 Park and HDS Capital.
Personalising Access to Mental Health
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Turquoise Health Secures $30M to Expand Healthcare Pricing Transparency Platform
What You Should Know:
- Turquoise Health, a platform empowering healthcare transparency through data and analytics, today announced a $30M Series B investment led by Adams Street Partners, with participation from Yosemite and existing investors Andreessen Horowitz and BoxGroup.
- The new funding will enable the company to onboard new customers and expand its healthcare pricing transparency platform,
Tackling the Transparency Challenge
Healthcare pricing remains a labyrinth, often
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