What You Should Know:
- Medically Home today announced a new, $110M round of funding from strategic investors including Baxter International Inc., Global Medical Response (GMR) and Cardinal Health who will each have representation on the company's Board. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments, demonstrating confidence in the growing expansion of the model nationwide.
- The Medically Home model
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Endear Health Raises $4M for Payor Member Experience Platform for Medicare Advantage Plans
What You Should Know:
- Endear Health, a San Francisco, CA-based digital engagement platform built for the rapidly evolving value-based landscape, has successfully closed an oversubscribed $4M seed funding round led by 8VC with participation by GreatPoint Ventures and additional Angel Investors.
- Endear Health concurrently announced the appointment of Dr. Robert Mirsky to its Advisory Board to provide guidance as Endear Health expands to additional health plans and provider groups around
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Little Otter Raises $22M to Expand Pediatric Mental Health Platform
What You Should Know:
- Little Otter today announced a $22 million Series A raise - one of the largest rounds for a children’s mental health company at this stage - led by CRV.
- The mental health startup provides a full umbrella of services to children and their families in a number of states and will use the investment to scale nationally by 2023.
Little Otter, a San Francisco, CA-based digital mental health company to provide tools and treatment for both children and their
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Protai Nabs $8M for AI-Powered Drug Discovery Platform
What You Should Know:
- Protai, a Tel Aviv, Israel-based AI-powered drug discovery startup, today announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech.
- Protai empowers drug discovery with proteomics and artificial intelligence to unlock new layers of biological insights and to combat complex diseases.
Proteomics-based Platform for Faster and More Accurate Drug Discovery
Despite the significant
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Caira Surgical Secures $5M for Robotic Solutions for Joint Replacement Surgery
What You Should Know:
- Caira Surgical, a revolutionary computer-assisted navigation system for joint replacement surgery raises $5M from series seed investors to include a leading OUS Strategic and several MedTech venture funds. These include U.S.-based Mountain State Capital; Amsterdam-based Snowboat BV, a Dutch fund formed by the founders of Avania Clinical (previously Factory-CRO); and Grenoble, France-based Haventure, founded by Stephane Lavallee, Ph.D. Dr. Lavallee is also the Founder
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Equality Health Announces New Investment from Governor Jeb Bush-Led Firm
What You Should Know:
Equality Health receives an infusion of capital from Governor Jeb Bush-led firm to accelerate its national expansion of the company’s value-based primary care platform.
Equality Health, a Phoenix, AZ-based value-based care organization uniquely equipped to address the needs of diverse and historically underserved populations, today announced an equity investment from Finback Investment Partners.
Finback’s leadership team consists of Co-Founders and Managing
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Medicare Transformation Company Ilumed Raises $16.5M to Expand DCE Services
What You Should Know:
- Ilumed, a Medicare transformation company focused on assisting patients to achieve their healthiest lives by driving lower cost, better quality and more equitable healthcare outcomes raises $16.5M in Series A funding led by Ascend Partners.
- Ilumed is one of fifty-three Direct Contracting Entities approved by the Centers for Medicare & Medicaid Services as part of CMS’s Global and Professional Direct Contracting Model, which was designed to enhance care quality
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Innovaccer Raises $150M at $3.2B Valuation to Expand Health Cloud Platform
What You Should Know:
- Innovaccer raises $150M Series E round at a $3.2B valuation as health systems adopt its Innovaccer Health Cloud to accelerate digital transformation.
- Launches new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases.
Innovaccer Inc. a Silicon Valley-based healthcare data platform company, announced a $150 million Series E round at a $3.2 billion valuation led by Mubadala Capital, with
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Ophelia Raises $50M to Expand Its Novel Approach to Opioid Addiction Treatment
What You Should Know:
- Ophelia announced its $50 million Series B funding round, led by Tiger Global to expand access to medication-assisted treatment (the CDC’s recommended first-line treatment) to more people with opioid use disorder.
- Funding will enable Ophelia to become a national provider, integrate with additional payors and partners, and grow its clinician support platform.
Ophelia, an NYC-based digital provider of medication-assisted treatment (MAT) for opioid use disorder
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UpLift Raises $8M to Integrate Psychiatry with Mental Healthcare Delivery Platform
What You Should Know:
- UpLift, a vertically integrated mental healthcare delivery platform raises $8M in secondary funding which they plan to allocate to expand their hybrid model services to include psychiatric treatments in an effort to close the behavioral healthcare gap and optimize the appropriate plan of care.
UpLift, the first vertically integrated mental healthcare delivery system, announced their expansion into psychiatry as well as the closing of $8M in secondary funding led
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