Healthcare Growth Partners, an
Investment Banking and Strategic Advisory firm exclusively focused on the
transformational health
IT market, today announced the release of its Semi-Annual Health IT Market
Review report that summarizes M&A and private equity activity across health
IT, health information services, and digital health.
Report Background/Methodology
This edition of the report includes feedback from our survey
of private equity professionals and their response to
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digital health
GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement
What You Should Know:
- GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement.
- The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth.
- Current customers include Intermountain Healthcare, OSF
Healthcare, Adventist Health, Health First, Integris, etc.
GYANT, a San Francisco, CA-based care navigation
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Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics
What You Should Know:
- Repurpose.AI, has partnered with Scripps Research to
discover drug candidates that may be repurposed to treat COVID-19.
- The partnership will leverage Repurpose.AI's ActivPred
AI Drug Discovery Platform, an unbiased drug, target, and disease agnostic
digital chemistry engine, to discover drug candidates to treat COVID-19.
Scripps Research is
teaming up with Repurpose.AI, an AI
drug discovery company to develop COVID-19 therapeutics. The
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Propeller Health, Novartis Co-Package Asthma Medication in Europe for Prescription
What You Should Know:
- Propeller Health announced
it will co-package a new asthma medication from Novartis, which was
approved by the European Commission this week for use in the EU.
- Enerzair®
Breezhaler® plus Propeller Health sensor is the first asthma medication to be
co-packaged and co-prescribed with a digital health platform.
- Propeller’s solution
works by attaching a sensor to the Enerzair® Breezhaler® inhaler, which then
delivers objective data on medication use to the
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Synapse Medicine Raises $8M to Expand Medication Intelligence Platform to Ensure Prescription Safety
What You Should Know:
- French digital health startup Synapse Medicine raises
$8M in funding led by insurance provider for healthcare professionals MACSF.
- The Synapse Medicine medication intelligence platform
supports companies and healthcare institutions in their decision-making
processes to ensure the safety of prescriptions.
- Synapse Medicine currently works together with
telemedicine companies, public and private insurance providers, hospitals and
care facilities, as well as
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Q/A: Xealth’s CEO Talks Preparing for the Digital Health Avalanche
Xealth’s CEO and Cofounder Mike McSherry explain how healthcare systems can leverage the right data with the right digital health tools.
There’s no
doubt the swell that is big data has been building for some time. However, the
question of how useful and all that data will continue to plague healthcare
providers. The overwhelm of information is real, but so is the potential for providers
to make actionable use of it, according to tech innovators.
With doctors now prescribing more than
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Brainlab Acquires Medical Video Game Innovator Level Ex
What You Should Know:
- Brainlab, a digital medical technology company based in
Munich, Germany has acquired Level Ex, a digital health startup creating
medical video games designed to advance the clinical skills of physicians and
surgeons.
- The acquisition will accelerate product development, allow Level Ex to enter new clinical areas faster, and expand its footprint in global markets, benefitting more medical professionals across a wider-range of specialties and cases.
- Level Ex
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SynsorMed, Charles Barkley Foundation Partner to Combat Health Disparities for Black Americans Impacted by COVID-19
What You Should Know:
- Charles Barkley Foundation forms a partnership with health IT company SynsoMed to combat health disparities for Black Americans impacted by the COVID-19 pandemic.
- Launches Save Our Selves (S.O.S) Council, comprised of Black influencers, technologists, healthcare professionals, and policymakers concerned about the health of Black Americans.
SynsorMed, a Birmingham, AL-based provider of remote patient monitoring (RPM) and chronic care management (CCM)
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M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business
Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to:
- Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad).
- Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group.
Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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Walmart Acquires Medication Management Platform CareZone for $200M to Enhance Digital Health & Wellness Capabilities
What You Should Know:
- Walmart acquires app-based patient medication management
platform CareZone for reportedly $200M to enhance its digital health and
wellness capabilities.
- CareZone’s technology and team members will join
Walmart to augment their current Health & Wellness capabilities and support
its focus on digital health care solutions. CareZone will remain a separate
company unrelated to Walmart.
Walmart announced
it has acquired
CareZone, a San Francisco,
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