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

Eko Health Raises $41M to Scale AI-driven Heart, Lung Detection

by Fred Pennic 06/05/2024 Leave a Comment

Eko Health Raises $41M Series D to Scale AI-driven Heart, Lung Detection

What You Should Know:  - Eko Health, a leader in AI-powered early detection of heart and lung diseases, announced today a successful Series D financing round of $41 million.  - This funding, led by ARTIS Ventures, Highland Capital Partners, NTTVC, and Questa Capital, will fuel Eko's mission to expand access to its innovative platform in the U.S. and globally. Building on a Strong Foundation of Innovation and Clinical Validation This funding round comes on the heels of
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Nucleus RadioPharma Secures Investment from AstraZeneca

by Jasmine Pennic 06/05/2024 Leave a Comment

Nucleus RadioPharma Secures $56M to Expand Radiopharmaceutical Treatments for Cancer Patients

What You Should Know:  - Nucleus RadioPharma, the world's first comprehensive radiopharmaceutical organization, today announced the closing of an extended Series A funding round with the addition of new investor AstraZeneca.  - The strategic investment bolsters Nucleus' mission to make targeted radiotherapies and theranostics more accessible to patients worldwide. AstraZeneca Joins Forces with Leading Radiopharmaceutical Innovator AstraZeneca joins a distinguished group of
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Sword Health Secures $130M, Unveils AI Care Specialist “Phoenix”

by Fred Pennic 06/04/2024 Leave a Comment

Sword Health Secures $130M, Unveils AI Care Specialist "Phoenix"

What You Should Know:  - Sword Health, a pioneer in AI-powered healthcare delivery, announced a $130M financing round today bringing Sword's total funding to $340M and propelling the company's valuation to a staggering $3B– a 50% increase since its Series D round. - This funding round, coupled with Sword's near-tripled revenue growth in the past year, unlocks exciting possibilities for the future. The company plans to leverage these resources to revolutionize healthcare delivery and
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Plenful Secures $17M to Scale AI-Powered Pharmacy Operations Tool

by Syed Hamza Sohail 05/30/2024 Leave a Comment

Plenful Secures $17M to Scale AI-Powered Pharmacy Operations Tool

What You Should Know: -              Plenful, an AI workflow automation platform streamlining pharmacy and healthcare operations, today announced a $17M Series A round, increasing its total raised capital to more than $25 million. -              This milestone signifies a meaningful step forward in Plenful's mission to modernize pharmacy operations through
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Weave Bio Launches for AI-Powered Drug Development, Secures $10M

by Fred Pennic 05/30/2024 Leave a Comment

Weave Bio Launches for AI-Powered Drug Development, Secures $10M

What You Should Know:  - Weave Bio, an AI-native life sciences platform company, announced today the public release of its flagship offering, AutoIND, and $10 million in seed funding co-led by Innovation Endeavors and Magnetic Ventures.  - AutoIND marks a significant advancement in drug development by automating and accelerating the preparation, writing, and review process for Investigational New Drug (IND) applications. Automating the IND Process: A Game-Changer for Drug
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CVS + Echo Health Makes Strategic Investment in Thyme Care

by Fred Pennic 05/28/2024 Leave a Comment

Thyme Care Launches Virtual Palliative Care Program to Enhance Cancer Care

What You Should Know:  - Thyme Care, a leader in value-based cancer care, has announced a strategic investment from Echo Health Ventures and CVS Health Ventures. Both partners have identified Thyme Care’s provider-centric approach as the only way to improve the patient experience and reduce costs across the care continuum. The investment was part of Thyme’s Series B fundraise. - The strategic funding will fuel the national expansion of Thyme Care's innovative model, aiming to improve
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Boulder Care Secures $35M to Expand Telehealth Addiction Treatment for Underserved Communities

by Fred Pennic 05/24/2024 Leave a Comment

Boulder Care Secures $35M to Expand Telehealth Addiction Treatment for Underserved Communities

What You Should Know:  - Boulder Care, a leading provider of high-quality addiction treatment, announced today the successful closing of an oversubscribed $35M Series C funding round led by Advance Venture Partners (AVP), joined by Stripes and existing investors, including First Round Capital, Qiming Venture Partners, and Laerdal Million Lives Fund. - Boulder Care will invest in developing even more robust services tailored to address the specific needs of high-need patients and plans
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OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

by Syed Hamza Sohail 05/23/2024 Leave a Comment

OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

What You Should Know: -       OncoveryCare (formerly VivorCare) has closed an oversubscribed $4.5 million seed financing to launch its novel cancer survivorship care model. -       The fundraise was led by .406 Ventures alongside the McKay Institute for Oncology Transformation at Tennessee Oncology. Tennessee Oncology, which treats half of Tennessee’s cancer patients at 35 sites, is also a founding member of OneOncology, a
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Tuesday Health Launches Supportive Care Solution with $60M

by Fred Pennic 05/23/2024 Leave a Comment

Tuesday Health Launches Supportive Care Solution with $60M

What You Should Know:  - Tuesday Health, a leader in value-based care for the seriously ill, has launched its innovative supportive care solution with $60M in partnership with Valtruis, Blue Venture Fund, Mass General Brigham Ventures, and CareSource.  - Tuesday Health's mission is to make the end-of-life journey clearer and more supportive for patients and families. With this significant investment and a committed team, they are well-positioned to achieve their goals and
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SamaCare Secures $17M to Scale Specialty Drug Prior Authorization Platform

by Syed Hamza Sohail 05/21/2024 Leave a Comment

SamaCare Secures $17M to Scale Specialty Drug Prior Authorization Platform

What You Should Know: -              SamaCare, a cloud-based patient access platform for specialty medications, today announced that it has closed an oversubscribed $17 million Series B investment round led by new investor Questa Capital. -              Questa is joined in the round by existing investors Vive Collective and South Park Commons. SamaCare
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