What You Should Know:
- Abacus Insights raises $35M in Series B funding for its data integration platform that enables health insurers to reconcile thousands of unique attributes to create a more personalized healthcare experience in everything from diabetes care and wellness programs to managing the COVID-19 pandemic.
- Abacus Insights’ data platform standardizes, curates, and enriches valuable healthcare data that is currently sitting idle, moving it out of restrictive silos, and
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Augmedics Lands $15M for FDA-Cleared Augmented Reality Guidance System for Surgery
What You Should Know:
- Augmented reality surgical image guidance startup Augmedics
raises $15M in Series B funding led by its U.S. staff in an effort to
secure and successfully launch the company as venture capital (VC) all but
evaporated during the COVID-19 pandemic.
- The xvision system, the first augmented reality
guidance system for surgery, allows surgeons to see the patient’s anatomy
through skin and tissue as if they have “x-ray vision,” and to accurately guide
instruments and
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EnsoData Raises $9M to Accelerate Waveform AI Platform for Clinicians
What You Should Know:
- EnsoData announces its official launch and a $9M Series A funding round to accelerate analysis and understanding of human health, starting with sleep disorder diagnoses.
- Using AI, EnsoData’s technology transforms billions of waveform data points (outputs from heartbeats on an EKG, eye movement through an EOG, brain waves through an EEG, etc.) collected from sensors in medical devices and wearables into an easy-to-read report.
- EnsoData saves clinics and
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CareAcademy Lands $9.5M for Online Training Platform for Senior Care
What You Should Know:
- CareAcademy raises $9.5 million in Series A funding to expand its online training platform for senior care professionals to deliver the highest caliber of service and improve the lives of older adults.
- Series A round signals massive market opportunity as CareAcademy seizes a greater share of online caregiver training; brings total company funding to more than $13 million.
CareAcademy, a Boston, MA-based home care & home health workforce empowerment
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Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots
What You Should Know:
- Conversa Health raises $12 million in Series B funding
round to expand its AI-powered chatbots enabling health systems, payers and pharmaceutical
companies to engage patients and collect patient-generated health data and
patient-reported outcomes.
- Conversa plans to use the funding to scale its virtual
care and communication platform—97 percent of patients who have used its chatbots
say they can better manage their care with Conversa.
- Murray Brozinsky
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Cue Health Lands $100M to Scale Rapid, Portable, Point-of-Care COVID-19 Test
What You Should Know:
- Cue Health raises $100M to commercialize its portable, molecular diagnostic test capable of detecting SARS-CoV-2, the virus that causes COVID-19, in less than 25 minutes using a simple nasal swab.
- The test is part of the Cue Health Monitoring System, which is designed to be a portable device that can perform a molecular test and connect patients to a mobile health platform that features interventional components such as telemedicine
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Kyruus Raises $30M to Expand Provider Search and Scheduling Solutions
What You Should Know:
- Kyruus, a provider search and scheduling solutions company raises $30 million in new funding from Francisco Partners, a technology-focused private equity firm.
- Kyruus will use the investment to expand its patient access platform to help health systems enhance the patient experience, both during and beyond the COVID-19 pandemic.
Kyruus, a Boston, MA-based suite of provider search and scheduling solutions for health systems, today announced
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Care Coordination Network PatientPing Raises $60M to Fuel Expansion
What You Should Know:
- PatientPing raises $60M in Series C funding to fuel expansion to new geographies and extends the capabilities of their care coordination network solutions.
- As the nation’s leading care collaboration and
patient event notifications (e-notifications) platform, PatientPing’s
comprehensive suite of solutions leverage real-time patient data and are used
by provider organizations, hospitals, health plans, governments, individuals
and the organizations supporting
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Report: State of Health IT Private Equity in the Era of COVID-19
In May, as the U.S. cautiously started to reopen amid intense controversy, HGP polled hundreds of private equity funds across all stages of investment to find out how COVID-19 has impacted deal flow. Eighty respondents provided their perspective on topics ranging from an appetite for new investments to access to debt to the impact on portfolio companies.
Respondent Demographics
Effect of COVID-19 on Valuations
When asked how they expect overall and Health IT valuations to behave in
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Sharecare Acquires Evidence-Based Behavior Change Apps MindSciences
What You Should Know:
- Sharecare announced the acquisition of Boston-based MindSciences, an evidence-based behavior change suite of apps focused on mental health (anxiety, stress management), smoking cessation, and weight loss/binge eating, and more.
- The acquisition rounds out Sharecare’s portfolio of mHealth-based therapeutic programs improving chronic disease risk and overall health outcomes by targeting varying aspects of well-being.
- Based on the work of Dr. Judson Brewer, now
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