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

InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

by Fred Pennic 04/22/2021 Leave a Comment

InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

What You Should Know: - Interwell Health, the leading physician organization driving innovation in the renal industry, announced the closing of a Series B round of equity funding of over $46 million, expanding Interwell’s investor group of premier, visionary nephrology practices across the country. - Through its network of more than 1,400 nephrologist network participants, and its partnership with Fresenius Medical Care North America (FMCNA), InterWell Health deploys a broad scope of
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Health2047 Spins Out SiteBridge Research Launches to Improve Clinical Trial Access for Small and Community Physician Practices

by Jasmine Pennic 04/21/2021 Leave a Comment

Health2047 Spins Out SiteBridge Research Launches to Improve Clinical Trial Access for Small and Community Physician Practices

What You Should Know: - Health2047, the innovation arm of the American Medical Association, today announced the spinout of a new company, SiteBridge Research, that offers a more accessible way for a broader set of physicians and their patients to participate in clinical research. - SiteBridge Research creates a network of independent, small practice physicians to gather data from a broader, more inclusive patient population and, ultimately, create more widely applicable clinical
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets

by Fred Pennic 04/21/2021 Leave a Comment

Teladoc Health Integrates with Proximie’s Virtual Operating Room Platform

What You Should Know: - Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures. - Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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GoodRx Acquires HealthiNation to Expand Offering to Manufacturers

by Fred Pennic 04/19/2021 Leave a Comment

GoodRx Acquires HealthiNation to Expand Offering to Manufacturers

What You Should Know: - GoodRx just announced the acquisition of HealthiNation, a leading producer of original health videos, as part of its continued investment in delivering high-quality content and information, and expanding its offering to pharmaceutical manufacturers. Financial details of the acquisition were not disclosed. - GoodRx works with manufacturers to deliver affordability solutions such as co-pay cards, patient assistance programs, and other savings options directly to
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Virta Health Raises $133M to Expand Type 2 Diabetes Reversal Platform

by Fred Pennic 04/19/2021 Leave a Comment

Virta Health Reaches Unicorn Status After Raising $65M to Reverse Type 2 Diabetes

What You Should Know: - Virta Health, a San Francisco, CA-based company raises $133M led by , to scale its virtual metabolic clinic and approach to reversing chronic metabolic conditions (type 2 diabetes, prediabetes, and obesity) to the masses led by Tiger Global. - The Series E financing follows a recent $65 million raise in December of 2020, nearly doubling the company’s valuation in just 5 months to $2 billion. - Buoyed by delivering transformational outcomes in patient health and
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C2i Genomics Raises $100M for Whole-Genome Cancer Treatment Intelligence Platform

by Jasmine Pennic 04/15/2021 Leave a Comment

C2i Genomics Raises $100M for Whole-Genome Cancer Treatment Intelligence Platform

- Cancer intelligence company, C2i Genomics announced it has raised $100M in financing from Casdin Capital, NFX, Duquesne Family Office, Section 32, iGlobe Partners, Driehaus Capital and others. - Funds will be used to accelerate clinical development and commercialization of the company’s C2-Intelligence Platform, a cancer diagnostics service, that uses AI pattern recognition and whole-genome analysis to provide rapid and cancer-specific detection of residual disease 100x more sensitive than
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Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

by Fred Pennic 04/15/2021 Leave a Comment

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

What You Should Know: - Medable, Inc., a Palo Alto, CA-based global platform for decentralized clinical trials today announced $78M in new funding to fuel advances in the delivery of digital and decentralized clinical trials, accelerating the industry’s shift to patient-centered drug development. The funding was led by Sapphire Ventures, along with new investor Obvious Ventures and follow-on investment from existing investors GSR Ventures, PPD, Inc., and Streamlined Ventures. - This is
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians

by Fred Pennic 04/14/2021 Leave a Comment

OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians

What You Should Know: - Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities. - The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts. OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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Vericred Nabs $23M for API Platform Exchange for Health Insurance & Employee Benefits

by Fred Pennic 04/13/2021 Leave a Comment

Vericred Nabs $23M for API Platform Exchange for Health Insurance & Employee Benefits

What You Should Know: - Vericred, the data services platform powering digital quote-to-card experiences in health insurance and benefits, announced $23M in Series B funding led by Aquiline Technology Growth with participation from new investors Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, and existing investors Riverside Acceleration Capital, FCA Venture Partners and First Health Capital Partners. - The company plans to use the new capital to expand its teams in
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Cohere Health Raises $36M to Automate Prior Authorization Between Payers & Providers

by Jasmine Pennic 04/13/2021 Leave a Comment

Cohere Health Launches with $10M to Increase Transparency Across Care Journey

What You Should Know: - Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a year after the company launched, and only 3 months after a Series A extension. - Cohere Health’s AI-based, fully
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