What You Should Know: - GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday. - The combined company will be named UpHealth, Inc. and
will continue to be listed on the NYSE under the new ticker symbol “UPH”. Blank check acquisition
company GigCapital2 agreed to merge
with Cloudbreak Health, LLC, a unified
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Aptar Pharma Acquires the Assets of Respiratory Startup Cohero Health
What You Should Know: - Apstar Pharma acquires the assets of respiratory health company Cohero Health to expands its digital portfolio with a focus on respiratory disease management. - Cohero Health develops digital tools and technologies to improve respiratory care, reduce avoidable costs, and optimize medication utilization. AptarGroup, Inc., a global leader in consumer dispensing, active packaging, drug delivery solutions, and services, announces that it has acquired all operating
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Fern Health Taps 10M Mass General De-Identified Patient Records for Pain Management
What You Should Know: - Fern Health will reveal a
first-of-its-kind collaboration with Mass General Hospital where it will inform
existing and future digitally-delivered pain management programs through the
marriage of AI + predictive analytics with 10 million de-identified Mass
General patient records. - MGH will validate emerging Fern Health products and pilot new products in clinical environments, setting the stage for Fern expansion into all aspects of non-invasive multimodal pain
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CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M
What You Should Know: - CloudMD announces it will acquire digital patient engagement platform iMD Health Global for $10M - The integration of iMD’s educational platform will enable CloudMD to provide its entire network of over 3000 healthcare practitioners, specialists, and allied health professionals and almost 3 million patients with valuable educational resources on healthcare issues, treatments, and preventative solutions. CloudMD Software & Services Inc., a Vancouver,
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TruePill Raises $75M to Launch At-Home Lab Testing Network
What You Should Know: - Truepill raises $75 million in Series C funding To expand platform services and launch an at-home lab diagnostics network. - The company plans to use the funds to expand Truepill’s ecosystem of direct-to-patient capabilities, which includes the Truepill Health telehealth network, pharmacy fulfillment, a custom-built EMR, and more. Truepill, a San Mateo, CA-based building world-class patient experiences through its API-connected healthcare infrastructure,
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Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH
What You Should Know: - How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue than
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Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands
What You Should Know: - Direct-to-consumer telehealth company Thirty Madison raises
$47M in Series B round from Johnson & Johnson and Polaris Partners. - Thirty Madison's three portfolio brands — Keeps, Cove,
and Evens — enables patients to easily access specialist-level care
combined with the convenience of telemedicine and treatment delivery. Thirty
Madison, a New York City-based digital health
company reinventing the patient experience
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Amwell Appoints Amazon Exec Serkan Kutan as Chief Technology Officer
Amwell,
a national telehealth
provider, announced today that Serkan Kutan has joined the company as
Chief Technology Officer. As part of his new role as CTO, Serkan will lead
building upon and further scaling Amwell’s national telehealth platform to
serve the needs of hospitals and health systems, health plans, innovators, and
patients. “Serkan’s experience in innovating, building and maturing transformative healthcare technologies will play a significant role as we scale Amwell to meet
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Noteworth Lands $5M to Expand All-in-One Care Delivery Platform
What You Should Know: - Noteworth, a first-of-its-kind Digital Healthcare
platform for modernizing Digital Medicine delivery operations, secured a $5
million oversubscribed seed funding round led by Laconia Capital Group - With this investment, the company will continue to
build upon the delivery of Noteworth’s first-of-its-kind Digital Healthcare
platform. Noteworth,
a Hoboken, NJ-based all-in-one-care delivery platform for modernizing digital medicine
delivery
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How to Implement HIPAA-Compliant Video Conferencing for Healthcare Providers
Video-conferencing software like Zoom has been getting a lot of attention of late as more and more people turn to digital tools to communicate remotely, whether to stay connected with loved ones, keep work flowing, or communicate with clients. Healthcare is certainly no exception. A global FICO study found that around 80% of people want to use their mobile phones to interact with doctors and other healthcare providers. Digital healthcare solutions were already on the rise
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