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

Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs

by Digital Health Funding 04/26/2022 Leave a Comment

Former OptumRx CEO Launches with $33M to Low Drug Costs

What You Should Know: - Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives. - Waltz Health plans to
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Enlyt Health Secures $10M to Expand Healthcare Digital Front Door

by Digital Health Funding 04/26/2022 Leave a Comment

Enlyt Health Secures $10M to Expand Healthcare Digital Front Door

Transform Patient Engagement with a Digital Front Door from Ryan Blachly on Vimeo. What You Should Know: - Enlyt Health, a St. Petersburg, FL-based low code platform for healthcare digital front door raises $10M in Series A funding led by Meritage Partners.  Enlyt Health has several well-known Health Systems already live on the platform providing patients the needed access and tools to better their overall health journey. - Enlyt Health helps organizations build Digital Front Doors
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Reify Health Secures $220M to Support Clinical Trial Diversity at $4.8B Valuation

by Fred Pennic 04/21/2022 Leave a Comment

Reify Health Secures $220M to Support Clinical Trial Diversity

What You Should Know: - Reify Health, a leading provider of solutions that empower the clinical trial ecosystem, announced a $220M Series D funding round dedicated to improving diversity in clinical research. The investment comes less than a year after its Series C and brings the company's valuation to $4.8B.  - The Series C found was co-led by Altimeter Capital and Coatue, joined by Dragoneer Investment Group and existing investors ICONIQ Growth, Adams Street, and Battery
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NexHealth Nabs $125M for End-to-End Patient Experience Platform

by Fred Pennic 04/21/2022 Leave a Comment

NexHealth Nabs $125M for End-to-End Patient Experience Platform

What You Should Know: Today, NexHealth announced its $125M Series C funding, bringing the company’s valuation to $1B for its patient experience platform. - The funding will support the company in advancing its mission to create a more streamlined doctor and patient experience while building the seamless technological infrastructure needed for future health tech entrepreneurs to innovate upon.  NexHealth, a San Francisco, CA-based patient experience management platform
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Blackrock Neurotech Acquires Spatial Computing Firm MindX

by Jasmine Pennic 04/20/2022 Leave a Comment

Blackrock Neurotech Acquires Spatial Computing Firm MindX

What You Should Know: Blackrock Neurotech, a provider of Brain Computer Interface (BCI) technology, has acquired the spatial computing software house, MindX. Financial details of the acquisition were not disclosed. - MindX’s spatial computing technology is used to recognize and interpret the movement of objects in physical space, and in combination with Blackrock’s BCI technology, will unlock additional levels of interaction between patients and their physical
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THREAD Acquires Clinical Trial Recruitment Solution CureClick

by Health M&A Activity 04/20/2022 Leave a Comment

THREAD Acquires Clinical Trial Recruitment Solution CureClick

What You Should Know: - THREAD, a technology and consulting service provider enabling electronic clinical outcome assessments and decentralized clinical trials has acquired CureClick, which offers the world’s first proprietary crowdsourcing platform designed to accelerate awareness and participation in clinical research. This acquisition follows THREAD’s recent acquisitions of Modus Outcomes and inVibe, positioning THREAD as the industry’s leading
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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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