Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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Exec Hires: Former CVS Health Leader Joins Virgin Pulse as Chief Medical Officer
What You Should Know: - Virgin Pulse, a global digital-first health, wellbeing, and navigation company, announced that Jeffrey Jacques, MD, has joined the company as Chief Medical Officer. - As chief medical officer at Virgin Pulse, Dr. Jacques will advance the company’s clinical strategy, providing insight and guidance to product and commercial teams. He will also lead the company’s Science Advisory Board, which helps ensure that Virgin Pulse’s technology and the experiences it supports
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Monogram Health Secures $375M to Expand In-Home Kidney Care
What You Should Know: - Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company announced a $375M growth funding round that will drive the company’s continued rapid expansion as the leading solution for high-quality, in-home care for polychronic patients living with chronic kidney and end-stage renal disease in the U.S. - Investors in the round include CVS Health, Cigna, Humana, Memorial Hermann Health System, SCAN, TPG Capital, Frist Cressey
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Backed by CVS Health, Array Behavioral Care Raises $25M for Virtual Psychiatry/Therapy
What You Should Know: - Array Behavioral Care, the nation’s leading virtual psychiatry and therapy practice, announced today the closing of its latest $25M equity round to further scale modern behavioral healthcare across the continuum, with CVS Health leading the round. Existing investors also joined the round and contributed additional capital. - The financing builds upon a long history between Array and CVS Health and opens doors to new levels of collaboration to expand access to
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HLTH22 Day 1 News Summary: Google, Maven, Highmark, LG, Others
Venture Capital, Private Equity Funding Maven Clinic Secures $90M to Advance End-to-End Family Care Platform Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere. Curavit Raises $5M for Digital Therapeutics
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HLTH22: Maven Clinic Secures $90M to Advance End-to-End Family Care Platform
What You Should Know: - Maven Clinic, the largest virtual clinic in women's and family health, today announced that it has raised a $90 million Series E funding round led by General Catalyst, with participation from CVS Health Ventures, La Famiglia, and Intermountain Ventures, as well as existing investors Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital. This brings Maven's total funding to $300 million and highlights the growing demand for women's and family
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CVS Health’s Former Chief Strategy Officer Joins VC Firm, LRVHealth
What You Should Know: - LRVHealth, the inside healthcare venture capital platform, announced that Josh Flum joined the firm as a managing partner. Prior to joining LRV Health, Flum served as Chief Strategy Officer and Business Developer Officer at CVS Health. - Flum joins a diverse team of healthcare operators, entrepreneurs, investors and insiders leading healthcare innovation and transformation alongside a network of strategic limited partners that touches half of all
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CVS Health Taps ixlayer to Offer At Home Health Testing Kits for Consumers
What You Should Know: - ixlayer, a digital health company on a mission to make health testing more accessible by pairing at-home self-collection testing with digital experiences, announced it is now the platform for CVS Health branded at-home sample collection kits. - Easily accessible to consumers, the easy-to-use kits provide convenient, affordable and quality testing for Vitamin D, Lyme disease, sexually-transmitted infections, and thyroid function – and offer next-best care
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Health IT for Emerging “Payviders”
Though doubts about the benefits of the “payvider” model certainly exist, the success of recent payer-provider partnerships showcases the potential of these programs to improve the patient and provider experience. A study of Aetna’s integrated program, for example, found that plan members could realize significant savings for high-cost chronic conditions and experience fewer hospital admissions. A similar report from Cigna echoed these conclusions, finding that integrated benefit plans resulted
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Redesign Health Raises $65M to Build Next-Gen Health Startups
What You Should Know: - Redesign Health, a healthcare company that researches, builds and launches other healthcare companies raises $65M in Series C funding led by General Catalyst with participation from CVS Health Ventures, UPMC Enterprises (the innovation and venture capital arm of leading health system UPMC), Eden Global Partners, Euclidean Capital, Samsung Next, TriplePoint Capital, and founding investor Declaration Partners. - In addition, General Catalyst,
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