What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide
What You Should Know:
- Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels.
- Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Telehealth Startup PursueCare Raises $11M for Virtual Medication-Assisted Program
What You Should Know:
- Telehealth addiction treatment provider PursueCare announced it has raised a total of $11 million in Series A funding after an oversubscribed $7 million Series A2 capital raise. The round was led by OCA Ventures, Seyen Capital, Wasabi Investors and a syndicate of experienced healthcare investors.
-Founded in 2019, PursueCare, has experienced massive demand for its virtual Medication-assisted Treatment (MAT) programs for opioids and other substance use disorders
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses
What You Should Know:
- Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer.
- The company will apply the current investment to accelerate product innovation and hire new
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform
What You Should Know:
- Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls.
-
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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
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
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
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
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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