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

Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care

by Jasmine Pennic 06/26/2024 Leave a Comment

Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care

What You Should Know:  - Form Health, the leading provider of science-based obesity care in the United States raised $38M in Series B funding led by Sound Ventures, the round also included participation from M13, SignalFire, and Next View Ventures.  - By combining science-based treatment plans with a convenient telehealth platform and a focus on building a team of top specialists, Form Health aims to make effective and personalized weight loss solutions accessible to a wider
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CipherHealth Secures Investment from Atalaya Capital Management

by Fred Pennic 06/26/2024 Leave a Comment

CipherHealth Receives Strategic Growth Investment from JMI Equity

What You Should Know:  - CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth's ongoing growth and expansion efforts. - CipherHealth's solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive the information they need, when they need it, ultimately leading to
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Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

by Fred Pennic 06/25/2024 Leave a Comment

Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

What You Should Know:  - Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.  - With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City.  This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

by Fred Pennic 06/25/2024 Leave a Comment

Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

What You Should Know:  - Merck Global Health Innovation Fund (MGHIF), a leader in healthcare impact investing, announced a strategic investment in Qure.ai, a prominent developer of artificial intelligence (AI) solutions for medical imaging.  - The strategic investment fuels Qure.ai's Series D funding round and propels their mission of expanding access to AI-powered imaging technology globally. Expanding Reach and Capabilities The funding will be directed towards two key
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INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions

by Jasmine Pennic 06/25/2024 Leave a Comment

INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions

What You Should Know:  - INVI MindHealth, a leading mental health technology company raises $1.5M in Series Seed funding round. This investment will fuel advancements in their mobile application, focusing on user experience and integrating expert content on various mental health topics and solutions.  - Additionally, funds will be allocated to developing "Overwatch," a robust dashboard tool designed to empower team leaders in monitoring and supporting their members'
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Zing Coach Raises $10M to Expand AI-Powered Fitness Coach

by Fred Pennic 06/21/2024 Leave a Comment

Zing Coach Raises $10M to Expand AI-Powered Fitness Coach

What You Should Know:  -  Zing Coach, a health-tech leader backed by Palta, has secured $10M in Series A funding led by Zubr Capital and Triple Point Capital.  - The secured funding will empower Zing Coach to expand its development team and bolster marketing efforts to reach new international markets. Additionally, the company will further refine its AI Coach technology.  - Currently, in beta testing, the AI Coach will be available to all Zing Coach users this fall.
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Modern Medical Supplier Better Health Secures $14M for Peer-to-Peer Support Model

by Syed Hamza Sohail 06/13/2024 Leave a Comment

Modern Medical Supplier Better Health Secures $14M for Peer-to-Peer Support Model

What You Should Know: -              Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership. -              This
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Foresite Capital Closes $900M Fund Targeting Precision Medicine & Innovation

by Fred Pennic 06/12/2024 Leave a Comment

Foresite Capital Secures $900M Fund Targeting Precision Medicine & Innovation

What You Should Know:  - Foresite Capital, a San Francisco, CA-based healthcare and life sciences investment firm, announced today the successful closing of its sixth fund with a significant $900M in capital commitments. This new fund fuels Foresite's mission to invest in groundbreaking technologies across the healthcare spectrum. - Fund VI attracted a diverse group of limited partners, including university endowments, charitable foundations, medical institutions, pension funds,
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AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

by Syed Hamza Sohail 06/12/2024 Leave a Comment

AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

What You Should Know: -              Alida Biosciences (AlidaBio), an innovator in epigenomic research tools, proudly announces the successful completion of a $7.5 million Series A funding round. This funding, led by Genoa Ventures with participation from FusionX Ventures and Vertical Venture Partners, is complemented by two ongoing SBIR grants totaling $4 million from The National Human Genome Research Institute
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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

by Fred Pennic 06/12/2024 Leave a Comment

DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

What You Should Know:  - DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources.  - These new partners join DexCare's impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham. Industry Backing Fuels Growth This strategic investment, led by ICONIQ Growth
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