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

Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem

by Fred Pennic 04/19/2022 Leave a Comment

What You Should Know: Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners. - The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
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Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

by Jasmine Pennic 04/18/2022 Leave a Comment

Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

What You Should Know: - Blue Spark Technologies, Inc., a Cleveland, OH-based provider of wearable remote patient monitoring solutions, announced that it has raised $40 million in growth funding led by Ghost Tree Partners with support from Aon. - The funding will go towards scaling the company’s sales and marketing functions and the continued advancement of Blue Spark’s wearable remote patient monitoring solutions. Continuous, Real-Time Body Temperature Monitoring System TempTraq®,
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Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria

by Fred Pennic 04/14/2022 Leave a Comment

Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria

What You Should Know: - Israeli startup Salignostics, the developer and provider of rapid saliva-based tests for early pregnancy detection, as well as COVID-19, cardiac risk, malaria, and other diseases, has closed an $8 million Series A funding round from private investors headed by angel investor Avigdor Orlinsky. - The company has raised $16M to date to support development, commercialization, and marketing efforts for the tests in Israel and overseas. It will also support the launch of
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9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

by Fred Pennic 04/13/2022 Leave a Comment

9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

What You Should Know: - 9am.health, a San Diego, CA-based virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers raises $16M in Series A funding co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health, Leaps by Bayer, and existing investors Define Ventures and Founders Fund. The latest round brings its total funding to date to nearly $20M. - Innovative virtual care provider is now
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Nudj Health Raises $10M for Tech-Enabled Health Service

by Jasmine Pennic 04/13/2022 Leave a Comment

Nudj Health Raises $10M for Tech-Enabled Health Service

What You Should Know: - Nudj Health, a tech-enabled health service that delivers telehealth lifestyle interventions to patients using the collaborative care model raises $10M in Series A funding led by Nebraska Medicine, Teal Ventures, Cohn Family Trust & Health Innovation Pitch.  - Founded in 2021 in Pasadena, Nudj Health delivers integrated, whole-person, and continuous care for patients with chronic disease. Based on AHA/ACC
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Ryse Health Raises $3.4M for Tech-Driven Approach to Type 2 Diabetes Care

by Fred Pennic 04/12/2022 Leave a Comment

Ryse Health Raises $3.4M for Tech-Driven Approach to Type 2 Diabetes Care

What You Should Know: - Ryse Health, a new startup that provides tech-enabled office-based and virtual care to patients with type 2 diabetes raises $3.4M in seed funding led by W Health Ventures, and other investors include LifeBridge Health, CareFirst, and veterans of Cigna, Boston Children’s Hospital, and Blue Shield of California. - Founded by Erin Kane, MD (co-founder and chief medical officer) and Richard Gurley, MBA (co-founder and chief executive officer), Ryse Health’s technology
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DaVita to Invest $15M in Biopharma Company Rockwell Medical

by Strategy Partnerships 04/12/2022 Leave a Comment

DaVita to Invest $15M in Biopharma Company Rockwell Medical

What You Should Know: - Rockwell Medical, a biopharmaceutical company dedicated to transforming the treatment of iron deficiency and anemia management expands its partnership with kidney care leader DaVita Inc. Rockwell Medical has been working to revise certain terms of its supply contracts with customers in an effort to stabilize its concentrates business. - The amended supply agreement is designed to enable Rockwell Medical's concentrates business the potential to operate
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Diligent Robotics Secures $30M for Robots to Assist Hospital Staff with Routine Tasks

by Fred Pennic 04/11/2022 Leave a Comment

Diligent Robotics Secures $30M for Robots to Assist Hospital Staff with Routine Tasks

What You Should Know: - Diligent Robotics raises over $30M to deploy its collaborative robots to healthcare systems across the nation. - Company plans to use the funding will accelerate product development to meet the demand for healthcare service robots and enhance interoperability, integrations and efficiency in healthcare institutions. Diligent Robotics, an Austin, TX-based robotic automation company today announced it has closed over $30 million in Series B funding led by Tiger
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AmerisourceBergen Launches $150M Corporate Venture Fund

by Corporate Healthcare Venture Capital & Investing 04/08/2022 Leave a Comment

AmerisourceBergen Launches $150M Corporate Venture Fund

What You Should Know: - AmerisourceBergen, a global healthcare solutions company, announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally. - AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its customers. AB Health Ventures Investment Thesis AB Health
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FemTech Startup Conceive Raises $3.7M for Outcomes-Oriented Fertility Solution

by Jasmine Pennic 04/08/2022 Leave a Comment

FemTech Startup Conceive Raises $3.7M for Outcomes-Oriented Fertility Solution

What You Should Know: - Conceive, a New York City-based femtech startup on a mission to transform fertility, today that the public beta of its integrated solution is now live. - The company's launch is fueled by a $3.7M seed round led by Kindred Ventures, with participation from Founder Collective, Great Oaks, and 40+ founders and angels. The majority female and 42% BIPOC cap table includes the founders of Natalist, Tia, Forward, Cityblock, Pillpack, Dia&Co, along with the deep
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