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

Form Health Raises $12M to Expand Obesity Telemedicine Platform

by Fred Pennic 06/17/2021 Leave a Comment

Form Health Raises $12M to Expand Obesity Telemedicine Platform

What You Should Know: - Form Health, a pioneer in the emerging field of obesity telemedicine, announced $12M in Series A funding led by M13 with participation from SignalFire and NextView Ventures.  - Form Health is specifically aiming to help chronically ill patients with obesity with a science-backed, personalized program combining virtual care from board certified physicians with FDA-approved medications. By accepting most insurance and offering its services
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Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

by Fred Pennic 06/16/2021 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, a virtual pediatric behavioral health solution announces, today announced it has raised $72M in Series B funding led by GV (formerly Google Ventures), with participation from new investors Optum Ventures, 7wireVentures, and Gaingels, the leading venture investment syndicate in support of diversity and representing the LGBTQ community and allies. Debra Lee, Chairman and CEO Emeritus, BET Networks, also contributed to the round as an independent
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Sempre Health Secures $15M for Behavior-Based Healthcare Pricing Platform

by Fred Pennic 06/15/2021 Leave a Comment

Sempre Health Raises $8M for Behavior-based Healthcare Pricing Platform

What You Should Know: - Sempre Health, a behavior-based healthcare pricing platform to insurers to offer large prescription copay discounts to members for filling on time (to promote more medication adherence) today announced it has raised $15M in Series B funding led by Blue Venture Fund. Sempre has raised $26.5 million to date. - Sempre Health works with leading health plans and pharmaceutical companies to reduce out-of-pocket costs for patients who refill their prescriptions on
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Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform

by Fred Pennic 06/14/2021 Leave a Comment

Lyra Raises Massive $187M at $2.3B Valuation for Digital Mental Health Platform

What You Should Know: - Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors. - Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. Smarter Mental Health Benefits, Better Outcomes Accessing and receiving mental healthcare is
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Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

by Jasmine Pennic 06/10/2021 Leave a Comment

Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

What You Should Know: - Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M. - Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, Transcarent is overhauling the self-insured healthcare industry - a market that is long overdue for disruption. Despite numerous efforts and
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Hawthorne Effect Secures $20M to Decentralize Clinical Trials

by Jasmine Pennic 06/09/2021 Leave a Comment

Hawthorne Effect Secures $20M to Decentralize Clinical Trials

What You Should Know: - Hawthorne Effect, a San Francisco-based solution for decentralizing clinical trials, today announced it has raised $20M in Series A funding led by Northpond Ventures with participation from SignalFire and P5 Health Ventures. - Founded in 2015, Hawthrone Effect alleviates key issues related to patient recruitment and retention via its tech-driven platform and expansive network of medical professionals. Hawthrone’s key offerings include: - Hawthorne Cloud: The
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Nuvolo Secures Funding from Mayo Clinic to Accelerating OT/Cybersecurity Capabilities in Healthcare

by Jasmine Pennic 06/09/2021 Leave a Comment

Nuvolo Secures Funding from Mayo Clinic to Accelerating OT/Cybersecurity Capabilities in Healthcare

What You Should Know: - Nuvolo, the world's fastest-growing workplace software company, today announced it has extended its Series C round for a total of $32 million. - The latest investment comes from Mayo Clinic. Nuvolo will use the investment to advance the company's Operational Technology (OT) cybersecurity solution which helps healthcare organizations, and other OT intensive industries, address the growing challenges posed by the proliferation of cybersecurity threats from
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Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging

by Jasmine Pennic 06/08/2021 Leave a Comment

Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging

What You Should Know: - DUOS, a digital health company, came out of stealth today backed by $6M in combined seed funding from healthcare investor Redesign Health and consumer-focused Forerunner Ventures.   - DUOS provides a personal assistant for aging — a Duo — to help older adults stay healthy and age independently in their own homes. DUOS works with its members and their loved ones, along with health plans and providers, to provide holistic, personalized support. - In addition,
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TailorMed Nabs $20M for Patient Financial Navigation Platform, Backed by Providence Ventures

by Fred Pennic 06/07/2021 Leave a Comment

TailorMed Nabs $20M for Patient Financial Navigation Platform, Backed by Providence Ventures

What You Should Know: - TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced a $20 million investment led by Providence Ventures. The round included new investors UnityPoint Health Ventures, Almeda Ventures, Bridges Israel and Discount Capital with participation from existing investors Accelmed, Sanara Ventures and Triventures. - Founded in 2016, TailorMed is focused on ensuring patients get the care they need in a difficult
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Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health

by Fred Pennic 06/04/2021 Leave a Comment

Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health

What You Should Know: - Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed. - The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s
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