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

Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment

by Fred Pennic 06/22/2021 Leave a Comment

Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a Boston, MA-based virtual care provider of evidence-based treatment for opioid use disorder, today announced a $27 Million Series A investment led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire. -  In addition, Bicycle Health is announcing national in-network insurance coverage from UnitedHealthcare, Aetna, Medicare and Medicaid in select states, helping to make
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AWS Healthcare Accelerator Launches for Digital Health Startups

by Jasmine Pennic 06/21/2021 Leave a Comment

AWS Healthcare Accelerator Launches Digital Health Startups

What You Should Know: - Today, Amazon announced the launch of the Amazon Web Services (AWS) Healthcare Accelerator program, delivered by KidsX, a global ecosystem of pediatric innovators. - The AWS Healthcare Accelerator is a four-week technical, business, and mentorship accelerator opportunity open to U.S.-based healthcare startups or international healthcare startups that have existing U.S. operations. - A cohort of 10 healthcare startup companies with an established
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Cleerly Launches with $43M for Digital Care Pathway Solution for Heart Attack Prevention

by Fred Pennic 06/21/2021 Leave a Comment

Cleerly Launches with $43M for Digital Care Pathway Solution for Heart Attack Prevention

What You Should Know: - Cleerly, a New York City-based company launched today with $43M in Series B funding and unveiled its first-of-its-kind digital care pathway solution for heart attack prevention. The Series B funding, which was led by Vensana Capital with participation from LRVHealth, New Leaf Venture Partners, DigiTx Partners, the American College of Cardiology, Cigna Ventures, and existing investors, brings Cleerly’s total funding to $54M. - Using more than
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Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

by Fred Pennic 06/17/2021 Leave a Comment

Jonathan Bush's Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

What You Should Know:    - Former athenahealth founder and CEO Jonathan Bush, today announced the launch of Zus Health (“Zus” pronounced Zoos like the father of Athena) focused on creating the industry’s first shared development platform backed by a shared data record. - The company is launching with the close of $34M in Series A funding led by Andreessen Horowitz (a16z), F-Prime Capital, Maverick Ventures, Rock Health, Martin Ventures and Oxeon Investments also participated in
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Form Health Raises $12M to Expand Obesity Telemedicine Platform

by Fred Pennic 06/17/2021 Leave a Comment

Form Health Raises $12M to Expand Obesity Telemedicine Platform

What You Should Know: - Form Health, a pioneer in the emerging field of obesity telemedicine, announced $12M in Series A funding led by M13 with participation from SignalFire and NextView Ventures.  - Form Health is specifically aiming to help chronically ill patients with obesity with a science-backed, personalized program combining virtual care from board certified physicians with FDA-approved medications. By accepting most insurance and offering its services
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Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

by Fred Pennic 06/16/2021 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, a virtual pediatric behavioral health solution announces, today announced it has raised $72M in Series B funding led by GV (formerly Google Ventures), with participation from new investors Optum Ventures, 7wireVentures, and Gaingels, the leading venture investment syndicate in support of diversity and representing the LGBTQ community and allies. Debra Lee, Chairman and CEO Emeritus, BET Networks, also contributed to the round as an independent
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Sempre Health Secures $15M for Behavior-Based Healthcare Pricing Platform

by Fred Pennic 06/15/2021 Leave a Comment

Sempre Health Raises $8M for Behavior-based Healthcare Pricing Platform

What You Should Know: - Sempre Health, a behavior-based healthcare pricing platform to insurers to offer large prescription copay discounts to members for filling on time (to promote more medication adherence) today announced it has raised $15M in Series B funding led by Blue Venture Fund. Sempre has raised $26.5 million to date. - Sempre Health works with leading health plans and pharmaceutical companies to reduce out-of-pocket costs for patients who refill their prescriptions on
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Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform

by Fred Pennic 06/14/2021 Leave a Comment

Lyra Raises Massive $187M at $2.3B Valuation for Digital Mental Health Platform

What You Should Know: - Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors. - Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. Smarter Mental Health Benefits, Better Outcomes Accessing and receiving mental healthcare is
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Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

by Jasmine Pennic 06/10/2021 Leave a Comment

Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

What You Should Know: - Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M. - Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, Transcarent is overhauling the self-insured healthcare industry - a market that is long overdue for disruption. Despite numerous efforts and
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Hawthorne Effect Secures $20M to Decentralize Clinical Trials

by Jasmine Pennic 06/09/2021 Leave a Comment

Hawthorne Effect Secures $20M to Decentralize Clinical Trials

What You Should Know: - Hawthorne Effect, a San Francisco-based solution for decentralizing clinical trials, today announced it has raised $20M in Series A funding led by Northpond Ventures with participation from SignalFire and P5 Health Ventures. - Founded in 2015, Hawthrone Effect alleviates key issues related to patient recruitment and retention via its tech-driven platform and expansive network of medical professionals. Hawthrone’s key offerings include: - Hawthorne Cloud: The
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